IBM Planning Analytics
IBM Planning Analytics is essentially a high-performance, multidimensional in-memory database for analytics and planning (formerly called TM1). 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 350,000 employees and is active in over 170 countries.
IBM offers a comprehensive portfolio of on-premises and cloud analytics, performance management (in particular, planning and financial consolidation) and advanced analytics solutions. The core offerings consist of IBM Cognos Analytics for BI, IBM Planning Analytics for planning, IBM Watson Studio and IBM SPSS for advanced analytics and IBM Cognos Controller for financial consolidation and regulatory reporting.
IBM Planning Analytics – the vendor’s strategic enterprise 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 (TM1), the product plays a strategic role for IBM. Essentially, IBM Planning Analytics is a high-performance, multidimensional in-memory database for budgeting, planning and forecasting with Excel and web front ends.
User & Use Cases
Customers mainly use IBM Planning Analytics for ad hoc query (88 percent), budgeting/planning (88 percent) and standard/enterprise reporting (85 percent). 52 percent of respondents plan to use it for advanced analytics in the future. IBM Planning Analytics targets large corporations and mid-sized companies across all industries. 76 percent of our sample of IBM Planning Analytics customers come from large companies (with more than 2,500 employees) with a median of 200 users, but the mean of 493 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 analyzing/exploring data (85 percent), viewing reports/navigating dashboards (82 percent), creating reports/dashboards (73 percent) and preparing data (64 percent), which demonstrates the feature-richness of the product. Customers achieve an average of 7 percent usage penetration among all employees, which is a long way below the survey average of 18 percent. This indicates that the product is focused more on trained business power users than the majority of employees.
Current vs. planned use
5 products most often evaluated in competition with IBM Planning Analytics
Percentage of employees using IBM Planning Analytics
Number of users using IBM Planning Analytics
Tasks carried out with IBM Planning Analytics by business users
Company size (number of employees)
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