IBM® is one of the world’s largest vendors of IT hardware, software and services. The company has a global workforce of approximately 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 TM1®) to become the center of its future analytics product portfolio. IBM’s performance management portfolio is completed by IBM Cognos Controller for financial consolidation and regulatory reporting.
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. Due to its rich functionality for planning and OLAP analysis, and its in-memory technology, the product plays a strategic role for IBM. Planning Analytics is a high-performance, multidimensional in-memory database for planning and analysis with Excel and web front ends. It is a development environment targeted at power users that, like Excel, is initially open for all kinds of applications (planning, analysis, strategy management). Only limited predefined business content is available with the product. Planning Analytics is available in both classical on-premises (Planning Analytics Local) and cloud (Planning Analytics) versions.
IBM Planning Analytics is used by enterprises of all sizes and industry sectors, and is suitable for creating data entry screens for multiple sub-budgets, consolidating their results, and running simple to highly complex calculations. Hundreds of solutions – from small-scale departmental tools to installations with thousands of users – have been implemented worldwide. Resources and expertise for Planning Analytics are widespread.
IBM’s enterprise business intelligence solution – Cognos Analytics (formerly Cognos BI) – provides functionality for dashboards, formatted reporting, ad hoc reporting and OLAP analysis in a web-based, integrated user experience. It is typically used in larger scenarios supporting the needs of many concurrent users as well as large data volumes. With a continuous release development cycle, IBM continues to broaden its functionality on a quarterly basis.
IBM positions Watson Studio as its primary platform for advanced analytics and data mining. Besides its SPSS capabilities, Watson Studio also includes new data science modules based on Jupyter Notebooks for development in R and Python, AutoAI capabilities, and embedded Decision Management capabilities.
User & Use Cases
Besides planning, customers mainly use IBM Planning Analytics today for ad hoc query and reporting (91 percent), standard/enterprise reporting (77 percent) and basic data analysis (72 percent). 51 percent of respondents plan to use it for advanced analysis in the future. IBM Planning Analytics targets large and mid-sized companies across all industries. 63 percent of our sample of IBM Planning Analytics customers come from large companies (more than 2,500 employees) with a median of 100 users (including 50 using planning functionality), but the mean of 475 users (276 for planning) indicates there are also several significantly larger implementations. 67 percent of IBM Planning Analytics users are planning users – just above the survey average of 65 percent – reflecting the fact that IBM Planning Analytics is essentially a planning tool with complementary BI and analytics functionality.
Current vs. planned use (besides planning)
Percentage of employees using IBM Planning Analytics
Planning users (as a percentage of all users)
Total number of users per company
Planning users per company
Company size (number of employees)
Summary of IBM Planning Analytics highlights
With 13 top ranks and 21 leading positions in five different peer groups, IBM Planning Analytics once again achieves an outstanding set of results in this year’s Planning Survey. Convincing
ratings in many of its KPIs help to consolidate its position as a global, market-leading planning and analytics vendor that is delivering considerable benefits to its customers. Companies can
benefit from using IBM Planning Analytics in terms of increased transparency of planning, improved integration of different sub-budgets and improved integration of planning with
86 percent of Planning Analytics users say they would definitely or probably recommend their planning product to other organizations. This result is a great indicator of customer satisfaction with the vendor and its product. IBM offers a comprehensive and high-performance planning and OLAP analysis tool, which customers appear to be very satisfied with.
Competitiveness – Top-ranked
Peer Group: Global Vendors
Considered for purchase – Top-ranked
Peer Group: Global Vendors
Performance satisfaction – Top-ranked
Peer Group: Enterprise Software Vendors
Planning functionality – Top-ranked
Peer Group: Flexible Planning Platforms
IBM Planning Analytics vs. Excel
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