IBM Planning Analytics vs. Magellan: Which is Best?

IBM Planning Analytics vs. Magellan: Which is Best?

IBM Planning Analytics vs. Magellan Best Overall: IBM Planning Analytics

In our comparison of IBM Planning Analytics vs. Magellan, IBM Planning Analytics is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

IBM Planning Analytics Quick Info
WH Score:
8.7
Pricing Score:
7.8
Feature Score:
8.0
Usability Score:
8.0
Company Size:Mid Market, Large Market
Platforms:
Magellan Quick Info
WH Score:
7.2
Pricing Score:
7.0
Feature Score:
7.4
Usability Score:
7.1
Company Size:All Sizes
Platforms:

Pricing

IBM Planning Analytics Pricing

N/A

Magellan Pricing
Price Range
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* Vendor does not share prices.

Features

IBM Planning Analytics Features
  • Data Indexing
  • Data Classification
  • Data Discovery
  • Data Mapping
  • Data Refresh
  • Data Lookup
  • Data Blending
  • Data Drilling
  • Data Mining
  • Data Modeling
  • Data Storytelling
  • Data Validation
  • Data Deduplication
  • Data Merge
  • Data Feed
Magellan Features
  • Data Indexing
  • Data Classification
  • Data Discovery
  • Data Mapping
  • Data Refresh
  • Data Lookup
  • Data Blending
  • Data Drilling
  • Data Mining
  • Data Modeling
  • Data Storytelling
  • Data Validation
  • Data Deduplication
  • Data Merge
  • Data Feed

Pros & Cons

IBM Planning Analytics Pros & Cons
Pros
  • Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy
  • Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.
Cons
  • Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding
  • However, TM1's modeling and planning capabilities are considered superior to those of Power BI.
Magellan Pros & Cons
Pros
  • Secure.
Cons
  • Training given is not enough.

Reviews

IBM Planning Analytics Reviews
Top Favorable Review
F
Freddie
Reviewed on Jul 2, 2021

Experience in building complex models: The user has successfully built complex models in TM1 for both management and statutory accounts. They have applied TM1 in diverse areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity-based costing, and public finance initiative scenario comparison.

Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy. Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.

Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding. However, TM1's modeling and planning capabilities are considered superior to those of Power BI.

Top Critical Review
F
Freddie
Reviewed on Jul 2, 2021

Experience in building complex models: The user has successfully built complex models in TM1 for both management and statutory accounts. They have applied TM1 in diverse areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity-based costing, and public finance initiative scenario comparison.

Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy. Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.

Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding. However, TM1's modeling and planning capabilities are considered superior to those of Power BI.

Magellan Reviews
Top Favorable Review
M
Micheal
Reviewed on Jul 2, 2021

I advise others to use it since it is very secure, but because tech help can be delayed, they should learn how to add users to the database and fix issues.

Secure

Not stable

Top Critical Review
G
Gary
Reviewed on Jul 2, 2021

This product stands apart from the competitors by possessing a few distinctive features. Additionally, it is simple to use and offers a wonderful user experience. Improved teamwork and increased efficiency when working together on projects are two of this product's main advantages.

Featue rich, easy to use and efficient

Training given is not enough

Alternatives

IBM Planning Analytics Alternatives
Magellan Alternatives
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IBM Planning Analytics vs. Magellan: Detailed Comparison

IBM Planning Analytics vs. Magellan Top Ratings & Reviews: IBM Planning Analytics

In our rating and review comparison of IBM Planning Analytics vs. Magellan, IBM Planning Analytics has 31 user reviews and Magellan has 4. The average star rating for IBM Planning Analytics is 4.35 while Magellan has an average rating of 4.25. IBM Planning Analytics has more positive reviews than Magellan. Comparing IBM Planning Analytics vs. Magellan reviews, IBM Planning Analytics has stronger overall reviews.

IBM Planning Analytics vs. Magellan Best Features & Functionality: IBM Planning Analytics

IBM Planning Analytics vs. Magellan both offer a strong set of features and functionality including Data Management, Data Migration, Report Management, Reporting & Analytics, Drag-and-Drop Builders/Designers, Layout Types, Chart Types, Customizable Items, Appointments/Scheduling, Reminders/Alerts, Systems/Administrative, Identity and Access Management (IAM), Microsoft 365, Google Workspace, Supported Technologies. In our feature comparison of IBM Planning Analytics vs. Magellan, IBM Planning Analytics offers more of the most popular features and tools than Magellan.

IBM Planning Analytics vs. Magellan Best Pricing: Magellan

In our pricing comparison of IBM Planning Analytics vs. Magellan, Magellan's pricing starts at 0/month and is more affordable compared to Magellan's starting cost of 0/month.

IBM Planning Analytics vs. Magellan Best Usability: IBM Planning Analytics

Our comparison of IBM Planning Analytics vs. Magellan shows that IBM Planning Analytics scores higher in usability for setup & support, quality of support. Magellan scores higher in ease of use, meets requirements, learning curve, ease of admin, but IBM Planning Analytics has the best scores overall for system usability.

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