IBM Planning Analytics

IBM Planning Analytics powered by TM1 is essentially a high-performance, multidimensional in-memory database for analytics and planning. The solution, which uses Excel as its main front end, offers capabilities for creating content (e.g., modeling, templates) in Excel and publishing it to the web. The product is a development environment targeted at business power users that, like Excel, is initially open for all kinds of applications (planning, analysis, strategy management).

IBM is one of the world’s largest vendors of IT hardware, software and services. The company has a global workforce of more than 380,000 employees and is active in over 170 countries. In 2007, IBM purchased the Canadian software vendor Cognos for about $5 billion (including IBM Planning Analytics powered by TM1) to become the center of its future analytics product portfolio.

IBM offers a comprehensive portfolio of on-premises and cloud analytics, performance management and advanced analytics solutions. The core offerings consist of IBM Cognos Analytics, IBM Planning Analytics powered by TM1, IBM Watson Studio and IBM SPSS.

IBM Planning Analytics powered by TM1 – the vendor’s strategic planning product – is a core element in IBM’s performance management portfolio and has been on the market since the 1980s. Cognos acquired the product as part of its takeover of Applix shortly before Cognos itself was purchased by IBM. Due to its rich functionality for planning and OLAP analysis, and its in-memory technology, the product plays a strategic role for IBM. IBM Planning Analytics is a high-performance, multidimensional in-memory database for planning and analysis with Excel and web front ends.

IBM Planning Analytics is a development environment targeted at power users that, like Excel, is initially open for all kinds of applications (e.g., planning, analysis, strategy management). Only limited predefined business content is available with the product.

IBM Planning Analytics is based on a classical, three-tier client-server architecture that consists of a database, application server and front ends. All components use the multidimensional database for data storage. The data is stored centrally in the memory of the OLAP server.

User & Use Cases

Customers mainly use IBM Planning Analytics today for ad hoc query (91 percent), budgeting/planning (91 percent) and standard/enterprise reporting (81 percent). 41 percent of respondents plan to use it for advanced analysis in the future. IBM Planning Analytics targets large corporations and mid-sized companies across all industries. 88 percent of our sample of IBM Planning Analytics customers come from large companies (more than 2,500 employees) with a median of 250 users but the mean of 514 users indicates there are also several larger implementations. IBM Planning Analytics is geared to business power users with functionality for various analytics and planning tasks. Typical tasks carried out with IBM Planning Analytics by business users include viewing/navigating data (94 percent), exploring/analyzing data (77 percent) and creating reports (77 percent), which demonstrates the feature-richness of the product. Customers achieve an average of only 4 percent usage penetration among all employees (compared to the survey average of 17 percent). This indicates that the product is focused more on trained business power users than the majority of employees.

Current vs. planned use

N=32

5 products most often evaluated in competition with IBM Planning Analytics

N=27

Percentage of employees using IBM Planning Analytics

N=31

Number of users using IBM Planning Analytics powered by TM1

N=32

Tasks carried out with IBM Planning Analytics powered by TM1 by business users

N=31

Company size (number of employees)

N=32

Want to see the whole picture?

BARC’s Vendor Performance Summary contains an overview of The BI Survey results based on feedback from IBM Planning Analytics users, accompanied by expert analyst commentary.

Contact us to purchase the Vendor Performance Summary

IBM Planning Analytics

Peer Groups Ad hoc reporting-focused products, Integrated performance management products, Large international BI vendors, OLAP analysis-focused products
VendorIBM
Number of responses32
ProductIBM Planning Analytics powered by TM1
OfficesGlobal offices in more than 170 countries worldwide
Employees> 380,000
CustomersUndisclosed
Revenues (2019)$ 77.1 billion
Websitewww.ibm.com