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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IBM Planning Analytics

    Score8.5 out of 10
    N/AIBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…

    $825

    per month 5 users

    TARGIT

    Score7.6 out of 10
    N/ATARGIT Decision Suite is a business intelligence (BI) and analytics platform used to automate reporting, boost operational visibility, and give teams insights that support data-driven decisions. The solution combines data from multiple source systems, including enterprise resource planning (ERP) software, customer relationship management (CRM) platforms, and all other data sources to give organizations a complete picture of their operations. …N/A
    Pricing
    IBM Planning AnalyticsTARGIT
    Editions & Modules
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Planning AnalyticsTARGIT
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    IBM Planning AnalyticsTARGIT
    Considered Both Products
    IBM
    No answer on this topic
    TARGIT
    No answer on this topic
    Key User Insights
    Would buy again
    99%
    Would buy again
    128 Answers
    No answers on this topic
    Delivers good value for the price
    97%
    Delivers good value for the price
    114 Answers
    No answers on this topic
    Happy with the feature set
    97%
    Happy with the feature set
    125 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    97%
    Lived up to sales and marketing promises
    89 Answers
    No answers on this topic
    Implementation went as expected
    93%
    Implementation went as expected
    104 Answers
    No answers on this topic
    Features
    IBM Planning AnalyticsTARGIT
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    7.6
    116 Ratings
    1% above category average
    TARGIT
    8.3
    7 Ratings
    2% above category average
    Pixel Perfect reports7.6102 Ratings9.06 Ratings
    Customizable dashboards7.7116 Ratings9.07 Ratings
    Report Formatting Templates7.5109 Ratings7.04 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.0
    122 Ratings
    3% above category average
    TARGIT
    6.0
    8 Ratings
    29% below category average
    Drill-down analysis8.5119 Ratings7.08 Ratings
    Formatting capabilities7.9120 Ratings8.07 Ratings
    Integration with R or other statistical packages7.992 Ratings2.03 Ratings
    Report sharing and collaboration7.8118 Ratings7.06 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.1
    116 Ratings
    2% above category average
    TARGIT
    5.0
    7 Ratings
    49% below category average
    Publish to Web7.9109 Ratings5.05 Ratings
    Publish to PDF8.2109 Ratings5.07 Ratings
    Report Versioning8.3106 Ratings5.05 Ratings
    Report Delivery Scheduling8.298 Ratings5.05 Ratings
    Delivery to Remote Servers00 Ratings5.04 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    7.5
    117 Ratings
    2% above category average
    TARGIT
    6.0
    6 Ratings
    28% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)8.1117 Ratings6.06 Ratings
    Location Analytics / Geographic Visualization7.7109 Ratings6.06 Ratings
    Predictive Analytics7.8107 Ratings6.05 Ratings
    Pattern Recognition and Data Mining6.638 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.0
    122 Ratings
    5% below category average
    TARGIT
    5.0
    7 Ratings
    52% below category average
    Multi-User Support (named login)8.1120 Ratings5.07 Ratings
    Role-Based Security Model7.7121 Ratings5.06 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)8.0122 Ratings5.06 Ratings
    Report-Level Access Control7.549 Ratings00 Ratings
    Single Sign-On (SSO)8.4114 Ratings5.04 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    7.6
    105 Ratings
    3% above category average
    TARGIT
    4.8
    6 Ratings
    47% below category average
    Responsive Design for Web Access7.7102 Ratings5.06 Ratings
    Mobile Application7.666 Ratings5.05 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile6.676 Ratings5.06 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.4
    131 Ratings
    4% above category average
    TARGIT
    -
    Ratings
    Long-term financial planning8.0127 Ratings00 Ratings
    Financial budgeting8.4130 Ratings00 Ratings
    Forecasting8.7130 Ratings00 Ratings
    Scenario modeling8.6129 Ratings00 Ratings
    Management reporting8.6129 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.5
    122 Ratings
    9% above category average
    TARGIT
    -
    Ratings
    Financial data consolidation9.1118 Ratings00 Ratings
    Journal entries and reports9.2108 Ratings00 Ratings
    Multi-currency management8.5110 Ratings00 Ratings
    Intercompany Eliminations8.4107 Ratings00 Ratings
    Minority Ownership8.6101 Ratings00 Ratings
    Local and consolidated reporting7.8114 Ratings00 Ratings
    Detailed Audit Trails8.1115 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.8
    123 Ratings
    8% above category average
    TARGIT
    -
    Ratings
    Financial Statement Reporting8.2119 Ratings00 Ratings
    Management Reporting8.7120 Ratings00 Ratings
    Excel-based Reporting9.4122 Ratings00 Ratings
    Automated board and financial reporting9.1111 Ratings00 Ratings
    XBRL support for regulatory filing8.680 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.4
    125 Ratings
    11% above category average
    TARGIT
    -
    Ratings
    Personalized dashboards8.7124 Ratings00 Ratings
    Color-coded scorecards8.4119 Ratings00 Ratings
    KPIs8.1122 Ratings00 Ratings
    Cost and profitability analysis8.2120 Ratings00 Ratings
    Key Performance Indicator setting8.5119 Ratings00 Ratings
    Benchmarking with external data8.590 Ratings00 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    8.7
    123 Ratings
    8% above category average
    TARGIT
    -
    Ratings
    Flat file integration8.7120 Ratings00 Ratings
    Excel data integration9.0120 Ratings00 Ratings
    Direct links to 3rd-party data sources8.6112 Ratings00 Ratings
    Application Program Interfaces (APIs) / Embedding
    Comparison of Application Program Interfaces (APIs) / Embedding features of IBM Planning Analytics and TARGIT
    Feature
    IBM Planning Analytics
    -
    Ratings
    TARGIT
    5.0
    4 Ratings
    43% below category average
    REST API00 Ratings5.04 Ratings
    Javascript API00 Ratings5.03 Ratings
    iFrames00 Ratings5.03 Ratings
    Java API00 Ratings5.03 Ratings
    Themeable User Interface (UI)00 Ratings5.03 Ratings
    Customizable Platform (Open Source)00 Ratings5.03 Ratings
    Best Alternatives
    IBM Planning AnalyticsTARGIT
    Small Businesses
    No answers on this topic
    Cyfe
    Score4 out of 10
    Medium-sized Companies
    Centage
    Score9.4 out of 10
    Qlik Cloud Analytics (Qlik Sense)
    Score8.1 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.1 out of 10
    Jaspersoft Community Edition
    Score7 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IBM Planning AnalyticsTARGIT
    Likelihood to Recommend
    8.0
    (132 ratings)
    7.0
    (17 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    7.0
    (11 ratings)
    Usability
    7.8
    (69 ratings)
    8.0
    (1 ratings)
    Support Rating
    7.3
    (93 ratings)
    9.1
    (2 ratings)
    Implementation Rating
    -
    (0 ratings)
    5.0
    (1 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    9.0
    (3 ratings)
    Data Sources
    9.0
    (3 ratings)
    9.0
    (3 ratings)
    Product Scalability
    9.1
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    IBM Planning AnalyticsTARGIT
    Likelihood to Recommend
    IBM
    Ideal for large organization with complex multi-dimensional data, large budgets and dedicated administrator support. The performance of the TM1 data base is unmatched. The PAW and PAX options providing planners to work in both Excel and workspace environment. Higher Implementation efforts due to the greenfield implementations. Visualization features are not up to the mark.
    Incentivized
    Read full review
    TARGIT
    Targit is very strong when the data is presented to the system. Because of this, we are able to report on almost all of the information that is valuable to us. When we have questions or ideas on how to better leverage Targit, they are great to work with. We track our sales progress/process in Targit and AP tracks things such as outstanding invoices, open invoices, etc
    Read full review
    Pros
    IBM
    • Handle very large data volumes.
    • Scale to a large number of users.
    • Not having to compromise on business complexity.
    • It can be run by business users.
    • Availability of highly qualified consultants to support businesses.
    • REST API allows for an open eco system and a variety of solutions to extend the product.
    • Vast integration possibilities.
    • AI-infused engine with IBM Watson.
    Incentivized
    Read full review
    TARGIT
    • Quick start-up and report turnaround time.
    • Easy drag and drop capabilities as well as user friendly command options.
    • Ability to share reports among other users making it easy to use an already created report and simply changing the criteria to suit your own needs.
    • Ability to save a base report that can be modified as needed repeatedly, instead of recreating from scratch.
    • Easy visual for final layout.
    • Ability to run multiple reports within one screen without jumping around.
    Incentivized
    Read full review
    Cons
    IBM
    • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
    • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
    Incentivized
    Read full review
    TARGIT
    • Probably one of our biggest complaints from the user community is the inability for the user to see the details behind the data. I know with the tool you can write reporting services reports that would allow users to see the detail by right clicking on a measure and selecting Actions, but for a very lean IT shop there simply has not been time to build these Actions for every possible scenario a user might want to see detailed reporting on.
    • Another complaint I've heard is the inability for the user to know exactly what the data represents from the source. If Targit had maybe some type of capability to hover over a measure or dimension and see a pop up of a more detailed description this might help resolve that issue.
    • The most difficult concepts to teach our users is how and when to use comparisons and the syntax for calculations. Creating comparisons has become much simpler with the 2k11 release but it is still difficult for my users.
    Read full review
    Likelihood to Renew
    IBM
    Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
    Read full review
    TARGIT
    It is very easy to use and I am proficient at this point to be able to figure out how to run most of the reports I need. I have had the time to "play around" in TARGIT and really teach myself about the visibility settings and other aspects - though other users have needed help with some of these aspects - but once you conceptually understand how to build the reports, it is very simple from a power user perspective.
    Incentivized
    Read full review
    Usability
    IBM
    IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
    Incentivized
    Read full review
    TARGIT
    Everything on the back end needs to be correct, which sometimes it may not be set up or missing some variables. Some of the more difficult parts of Targit require a lot more attention and object creation to work properly
    Read full review
    Support Rating
    IBM
    IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed.
    Incentivized
    Read full review
    TARGIT
    Everyone I've dealt with at Targit genuinely cares about me and my success, and they respond to questions quickly and accurately. There is literally nothing more I could ask for from their support.
    Incentivized
    Read full review
    Implementation Rating
    IBM
    No answers on this topic
    TARGIT
    Make sure all of the back end work is done prior to getting Targit set up. Every variable you may need for calculations needs to be correct and every item needs to be uniform so it is read properly.
    Read full review
    Alternatives Considered
    IBM
    For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
    Incentivized
    Read full review
    TARGIT
    It really met our business requirements when we were searching for a reporting/Bi tool and the flexible business model of being able to introduce additional functionally as your organization grows and requires it made the investment decision the right one for us. The functionality available in comparison to the investment is well worth it.
    Incentivized
    Read full review
    Return on Investment
    IBM
    • Automate direct data connections to multiple data sources
    • One secured version of the the truth (for data and formulas)
    • Ability to scale to much more detailed planning with option to create predictive forecasts at detail
    • Business user friendly with powerful Excel integration
    • Very flexible and powerful modeling, can handle custom modeling needs at scale
    • Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them
    Incentivized
    Read full review
    TARGIT
    • We have been looking at our Product Hit Rate by Customer instead of just looking into Customer hit rate and adjusted our offerings accordingly.
    • Giving people the ability to run their own ad-hoc reports rather than to request them from IT is a great benefit to my department.
    Read full review
    ScreenShots

    IBM Planning Analytics Screenshots

    Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis

    TARGIT Screenshots

    Screenshot of Heavy Equipment Dashboards: An overview on desktop and mobile. These are used to monitor performance, measure efficiency, and uncover new opportunities.Screenshot of Heavy Equipment: Parts (TARGIT BI Accelerator for IntelliDealer™ by VitalEdge Technologies). This offers a complete view of parts inventory, including stock on hand and Aging Inventory. It is used to monitor trends and ensure a dealership is stocked to meet demand.Screenshot of Heavy Equipment: A full overview of data (TARGIT BI Accelerator for IntelliDealer™ by VitalEdge Technologies). This offers visibility into a dealership from one dashboard that displays each department's latest numbers, top trends, and progress in target KPIs.Screenshot of TARGIT's Accelerator For Dynamics 365 Business Central/Navision. TARGIT's accelerator is swiftly operational and integrates with Business Central to generate up-to-date reports, design interactive dashboards, and track vital KPIs.Screenshot of an overview of yesterday's hours clocked; viewers can drill the details to ensure technicians reach full productivity, receptionists are invoicing correctly, and the after-sales department is staffed to meet demand.Screenshot of Automotive Dashboard: Open Orders with Aging. This is used to track open repair orders and see exactly how long each one has been pending. Viewers can evaluate how various order and invoicing delays impact overall cash flow.