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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IBM Watson Studio

    Score10 out of 10
    N/AIBM Watson Studio enables users to build, run and manage AI models, and optimize decisions at scale across any cloud. IBM Watson Studio enables users can operationalize AI anywhere as part of IBM Cloud Pak® for Data, the IBM data and AI platform. The vendor states the solution simplifies AI lifecycle management and accelerates time to value with an open, flexible multicloud architecture.N/A

    Vena

    Score8.1 out of 10
    Mid-Size Companies (51-1,000 employees)
    Vena Solutions provides a financial process automation solution to automate Corporate Performance Management, accounting and budgeting, Regulatory & Compliance, and other finance-related processes. It is scaled for medium to large-sized organizations.N/A
    Pricing
    IBM Watson StudioVena
    Editions & Modules
    No answers on this topic
    Professional
    N/A
    Complete
    N/A
    Offerings
    Pricing Offerings
    IBM Watson StudioVena
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details—The Professional Plan is the most flexible way to get started quickly and can be added onto as a company grows. The plan includes: Vena Platform, Customer Success Manager, Standard Support and Customer Portal. Complete Plan includes everything in Professional, plus: Vena Insights, Premium Support, Sandbox Environment, and Expert Managed Services. For a limited time, new customers who use Microsoft Dynamics 365 Business Central (Online) as their primary ERP can get a free year of Vena and 40% off implementation costs. Vena also offers special pricing for not for profit organizations. To learn more, speak to an expert.
    More Pricing Information
    Community Pulse
    IBM Watson StudioVena
    Considered Both Products
    IBM
    No answer on this topic
    Vena Solutions
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    5 Answers
    96%
    Would buy again
    315 Answers
    Delivers good value for the price
    No answers on this topic
    98%
    Delivers good value for the price
    279 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    5 Answers
    97%
    Happy with the feature set
    320 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    93%
    Lived up to sales and marketing promises
    220 Answers
    Implementation went as expected
    No answers on this topic
    84%
    Implementation went as expected
    227 Answers
    Features
    IBM Watson StudioVena
    Platform Connectivity
    Comparison of Platform Connectivity features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    8.1
    22 Ratings
    3% below category average
    Vena
    -
    Ratings
    Connect to Multiple Data Sources8.022 Ratings00 Ratings
    Extend Existing Data Sources8.022 Ratings00 Ratings
    Automatic Data Format Detection10.021 Ratings00 Ratings
    MDM Integration6.414 Ratings00 Ratings
    Data Exploration
    Comparison of Data Exploration features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    10.0
    22 Ratings
    17% above category average
    Vena
    -
    Ratings
    Visualization10.022 Ratings00 Ratings
    Interactive Data Analysis10.022 Ratings00 Ratings
    Data Preparation
    Comparison of Data Preparation features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    9.5
    22 Ratings
    15% above category average
    Vena
    -
    Ratings
    Interactive Data Cleaning and Enrichment10.022 Ratings00 Ratings
    Data Transformations10.021 Ratings00 Ratings
    Data Encryption8.020 Ratings00 Ratings
    Built-in Processors10.021 Ratings00 Ratings
    Platform Data Modeling
    Comparison of Platform Data Modeling features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    9.5
    22 Ratings
    12% above category average
    Vena
    -
    Ratings
    Multiple Model Development Languages and Tools10.021 Ratings00 Ratings
    Automated Machine Learning10.022 Ratings00 Ratings
    Single platform for multiple model development10.022 Ratings00 Ratings
    Self-Service Model Delivery8.020 Ratings00 Ratings
    Model Deployment
    Comparison of Model Deployment features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    8.0
    22 Ratings
    6% below category average
    Vena
    -
    Ratings
    Flexible Model Publishing Options9.022 Ratings00 Ratings
    Security, Governance, and Cost Controls7.022 Ratings00 Ratings
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    7.9
    176 Ratings
    5% above category average
    Pixel Perfect reports00 Ratings8.1110 Ratings
    Customizable dashboards00 Ratings8.1157 Ratings
    Report Formatting Templates00 Ratings7.6167 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.0
    290 Ratings
    3% above category average
    Drill-down analysis00 Ratings8.3277 Ratings
    Formatting capabilities00 Ratings8.3277 Ratings
    Integration with R or other statistical packages00 Ratings7.4107 Ratings
    Report sharing and collaboration00 Ratings8.0247 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.0
    232 Ratings
    1% above category average
    Publish to Web00 Ratings7.6131 Ratings
    Publish to PDF00 Ratings8.1170 Ratings
    Report Versioning00 Ratings8.1194 Ratings
    Report Delivery Scheduling00 Ratings8.1171 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.2
    160 Ratings
    11% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.7143 Ratings
    Location Analytics / Geographic Visualization00 Ratings8.6117 Ratings
    Predictive Analytics00 Ratings7.5133 Ratings
    Pattern Recognition and Data Mining00 Ratings8.071 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.4
    280 Ratings
    0% above category average
    Multi-User Support (named login)00 Ratings8.1265 Ratings
    Role-Based Security Model00 Ratings8.4265 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.4266 Ratings
    Report-Level Access Control00 Ratings8.5129 Ratings
    Single Sign-On (SSO)00 Ratings8.5205 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    7.2
    142 Ratings
    2% below category average
    Responsive Design for Web Access00 Ratings6.9137 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.5122 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.4
    350 Ratings
    4% above category average
    Long-term financial planning00 Ratings8.6317 Ratings
    Financial budgeting00 Ratings8.7336 Ratings
    Forecasting00 Ratings8.6324 Ratings
    Scenario modeling00 Ratings8.0290 Ratings
    Management reporting00 Ratings8.2326 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    7.2
    303 Ratings
    8% below category average
    Financial data consolidation00 Ratings7.4263 Ratings
    Journal entries and reports00 Ratings6.9195 Ratings
    Multi-currency management00 Ratings6.8178 Ratings
    Intercompany Eliminations00 Ratings7.6175 Ratings
    Minority Ownership00 Ratings5.9125 Ratings
    Local and consolidated reporting00 Ratings7.3225 Ratings
    Detailed Audit Trails00 Ratings8.4265 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.3
    330 Ratings
    2% above category average
    Financial Statement Reporting00 Ratings8.4296 Ratings
    Management Reporting00 Ratings8.4309 Ratings
    Excel-based Reporting00 Ratings9.0319 Ratings
    Automated board and financial reporting00 Ratings8.5249 Ratings
    XBRL support for regulatory filing00 Ratings7.199 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.3
    262 Ratings
    10% above category average
    Personalized dashboards00 Ratings8.2223 Ratings
    Color-coded scorecards00 Ratings9.1169 Ratings
    KPIs00 Ratings8.5195 Ratings
    Cost and profitability analysis00 Ratings8.0209 Ratings
    Key Performance Indicator setting00 Ratings8.2191 Ratings
    Benchmarking with external data00 Ratings7.9147 Ratings
    Integration
    Comparison of Integration features of IBM Watson Studio on Cloud Pak for Data and Vena
    Feature
    IBM Watson Studio on Cloud Pak for Data
    -
    Ratings
    Vena
    8.1
    320 Ratings
    0% above category average
    Flat file integration00 Ratings7.8260 Ratings
    Excel data integration00 Ratings9.0300 Ratings
    Direct links to 3rd-party data sources00 Ratings7.6237 Ratings
    Best Alternatives
    IBM Watson StudioVena
    Small Businesses
    RapidMiner
    Score8.9 out of 10
    No answers on this topic
    Medium-sized Companies
    Anaconda
    Score8.8 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Posit
    Score10 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IBM Watson StudioVena
    Likelihood to Recommend
    8.0
    (65 ratings)
    8.6
    (347 ratings)
    Likelihood to Renew
    8.2
    (1 ratings)
    8.9
    (26 ratings)
    Usability
    9.6
    (2 ratings)
    8.7
    (39 ratings)
    Availability
    8.2
    (1 ratings)
    8.7
    (10 ratings)
    Performance
    8.2
    (1 ratings)
    8.4
    (9 ratings)
    Support Rating
    8.2
    (1 ratings)
    8.6
    (107 ratings)
    In-Person Training
    8.2
    (1 ratings)
    8.7
    (5 ratings)
    Online Training
    8.2
    (1 ratings)
    8.1
    (6 ratings)
    Implementation Rating
    7.3
    (1 ratings)
    8.2
    (10 ratings)
    Configurability
    -
    (0 ratings)
    9.0
    (6 ratings)
    Ease of integration
    -
    (0 ratings)
    8.4
    (5 ratings)
    Product Scalability
    8.2
    (1 ratings)
    8.5
    (9 ratings)
    Vendor post-sale
    7.3
    (1 ratings)
    8.1
    (6 ratings)
    Vendor pre-sale
    8.2
    (1 ratings)
    9.0
    (6 ratings)
    User Testimonials
    IBM Watson StudioVena
    Likelihood to Recommend
    IBM
    It has a lot of features that are good for teams working on large-scale projects and continuously developing and reiterating their data project models. Really helpful when dealing with large data. It is a kind of one-stop solution for all data science tasks like visualization, cleaning, analyzing data, and developing models but small teams might find a lot of features unuseful.
    Incentivized
    Read full review
    Vena Solutions
    It is well suited for planning, budgeting, and forecasting. Using its capabilities also allows you to use it for reporting, whether it's month-end reporting or other reporting where you want to rely on data from a source that can be nicely presented and adjusted in Excel.
    Incentivized
    Read full review
    Pros
    IBM
    • Integration of IBM Watson APIs such as speech to text, image recognition, personality insights, etc.
    • SPSS modeler and neural network model provide no-code environments for data scientists to build pipelines quickly.
    • Enforced best-practices set up POCs for deployment in production with a minimum of re-work.
    • Estimator validation lets data scientists test and prove different models.
    Incentivized
    Read full review
    Vena Solutions
    • The Admin function of Vena, being able to set up the users in the user categories and the different groups and assigning the groups and the task bindings, is particularly easy and very helpful because as we have so many different departments and disciplines in our organization, we do need to establish pretty specific user access so this process works really well for us.
    • Running reports in Vena is fairly easy, and we do enjoy being able to just push a button and get some budget versus actuals.
    Incentivized
    Read full review
    Cons
    IBM
    • The cost is steep and so only companies with resources can afford it
    • It will be nice to have Chinese versions so that Chinese engineers can also use it easily
    • It takes a while to learn how to input different kinds of skin defects for detection
    Incentivized
    Read full review
    Vena Solutions
    • Create an bottom-line functionality.
    • Have another license between power user and contributor that allows building reports that aren't ad hoc, but don't have all the admin rights of a power user.
    • Have a session on best in class Workforce Planning prior to implementation.
    Incentivized
    Read full review
    Likelihood to Renew
    IBM
    because we find out that DSX results have improved our approach to the whole subject (data, models, procedures)
    Incentivized
    Read full review
    Vena Solutions
    Vena has become an integral part of finance and our daily process. Without it we would take longer to prepare results and decisions will be delayed. Vena has given the whole organization more visibility of results and budgets so that all departments participate more actively in managing their budgets rather than it being the sole responsibility of finance.
    Incentivized
    Read full review
    Usability
    IBM
    The UI flawlessly merges this offering by providing a neat, minimal, responsive interface
    Incentivized
    Read full review
    Vena Solutions
    Vena is somehow easy to manipulate. If you want to map accounts, or change mapping. there are clear instructions and guidance. and also Vena AI is on the way, so i think we can leverage it more and let AI help us mapping and check errors. overall a very good product and easy to learn and set up.
    Incentivized
    Read full review
    Reliability and Availability
    IBM
    From time to time there are services unavailable, but we have been always informed before and they got back to work sooner than expected
    Incentivized
    Read full review
    Vena Solutions
    Vena is seemingly always available. They plan maintenance windows well in advance and always off hours (typically over a weekend) and communicate clearly throughout maintenance about what will be affected. Over 5 years of using the product, I can only remember one time when the platform was unavailable (I believe due to an underlying server hosting issue from their provider), and they resolved the issue and had everything up and running again within 8 hours.
    Incentivized
    Read full review
    Performance
    IBM
    Never had slow response even on our very busy network
    Incentivized
    Read full review
    Vena Solutions
    The performance is dependent on how much data and calculations are involved and how complex the security settings are. A simple template or report loads in seconds. A complex template or report can take a while. If there are many users with complex security settings, that will be a factor in the load time.
    Incentivized
    Read full review
    Support Rating
    IBM
    I received answers mostly at once and got answered even further my question: they gave me interesting points of view and suggestion for deepening in the learning path
    Incentivized
    Read full review
    Vena Solutions
    When I reach out to our support team, they are always able to fix any issues we are having in a timely manner. It is always resolved quickly which proves that customer support always helps out our support team with any issues so they can in turn help us quickly
    Incentivized
    Read full review
    In-Person Training
    IBM
    The trainers on the job are very smart with solutions and very able in teaching
    Incentivized
    Read full review
    Vena Solutions
    This is the best way to learn and buy-in. The in person effect gives students both a hands on approach but an instruction to be there to customize assistance and understanding. In person also builds greater buy in with your future team on creators. However if your audience is better at on line learning this is another good option.
    Incentivized
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    Online Training
    IBM
    The Platform is very handy and suggests further steps according my previous interests
    Incentivized
    Read full review
    Vena Solutions
    The training was structured as a group training to learn the basics of creating a data model and mapping a template. While we had nearly 10 participants, I was the only actual implementer so we probably didn't actually need the training and could have just learned the initial skills from the implementation consultant. Two years later, when we hired a new team member, they completed several modules in Vena Academy (a self paced learning course) which allowed them to get up to speed on the basics with just a bit of supplemental guidance from me as our existing admin.
    Incentivized
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    Implementation Rating
    IBM
    It surprised us with unpredictable case of use and brand new points of view
    Incentivized
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    Vena Solutions
    The Vena consultant had great knowledge of both the Vena solution and Excel and Excel functions. He was able to help suggest ways to build our templates that met our requirements using Excel functions we had not previously considered using. And we have been able to use the Excel information he provided in other ways outside of Vena. He was very patient and flexible as we learned the Vena tool and created templates
    Read full review
    Alternatives Considered
    IBM
    The main reason I personally changed over from Azure ML Studio is because it lacked any support for significant custom modelling with packages and services such as TensorFlow, scikit-learn, Microsoft Cognitive Toolkit and Spark ML. IBM Watson Studio provides these services and does so in a well integrated and easy to use fashion making it a preferable service over the other services that I have personally used.
    Incentivized
    Read full review
    Vena Solutions
    Previously used Synario for long-term forecasting. Ultimately moved to Vena for this to keep budgeting and forecasting together in a single solution. Vena's system is much easier to learn on the admin side since it is Excel-based so the transition was pretty simple. Previously used Jenzabar with JICS for budgeting. Vena's budget system is more user-friendly for end users and more flexible so it works better for our specific needs. Vena's reporting system is easier to use and customize.
    Incentivized
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    Scalability
    IBM
    It helped us in getting from 0 to DSX without getting lost
    Incentivized
    Read full review
    Vena Solutions
    Vena solutios is a software that provides robust tools that help different departments in their statistics and we can visualize a lot of promising and visually attractive data. Vena Solutions' level of scalability is high and sustainable over time thanks to the fabulous technical support that is ready to help us at all times
    Incentivized
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    Return on Investment
    IBM
    • Could instantly show data driven insights to drive 20% incremental revenue over existing results
    • Still don't have a real use case for unstructured data like twitter feed
    • Some of the insights around user actions have driven new projects to automate mundane tasks
    Incentivized
    Read full review
    Vena Solutions
    • Vena has helped save time by reducing the manual work involved with budgeting, reporting, and variance analysis. Instead of spending as much time organizing data and reconciling spreadsheets, I can focus more on reviewing results and making informed decisions. It has improved collaboration between teams and provided better visibility into financial performance, creating more efficient processes overall.
    Incentivized
    Read full review
    ScreenShots

    Vena Screenshots

    Screenshot of Operation Expenses - Predictive AnalysisScreenshot of Allocations DashboardScreenshot of Vena Add InScreenshot of Power BI DashboardScreenshot of Operational Expenses - Drill through analysisScreenshot of Process Status Dashboard