IBM Planning Analytics vs. Power BI: Which is Best?

IBM Planning Analytics vs. Power BI: Which is Best?

IBM Planning Analytics vs. Power BI Best Overall: IBM Planning Analytics

In our comparison of IBM Planning Analytics vs. Power BI, 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:
Power BI Quick Info
WH Score:
8.5
Pricing Score:
8.0
Feature Score:
7.8
Usability Score:
7.7
Company Size:Mid Market, Large Market
Platforms:

Pricing

IBM Planning Analytics Pricing
IBM Planning Analytics - User License
$150
per user / per month
Power BI Pricing
Free (Microsoft Fabric Only)
Free
per user / per month
Power BI Pro
$10
per user / per month
Power BI Premium
$20
per user / per month

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
Power BI 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.
Power BI Pros & Cons
Pros
  • It can be used by all thanks to its design and little tech knowledge is needed to develop amazing visuals.
Cons
  • Has an interface with a dated look and feel.

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.

Power BI Reviews
Top Favorable Review
D
Donna
Reviewed on Jul 2, 2021

It is generally good. However, putting up excel visuals is much simpler and hence more preferable.

It can be used by all thanks to its design and little tech knowledge is needed to develop amazing visuals.

Manipulating raw data into Power BI such as excel is quite complex.

Top Critical Review
J
Jennifer
Reviewed on Jul 2, 2021

We’re able to deliver several reports and content to big groups of people at a go using Power BI. It makes report generation simpler and the final users get a better opportunity of utilizing the information.

It is very customizable.

Has an interface with a dated look and feel.

Alternatives

IBM Planning Analytics Alternatives
Power BI Alternatives
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IBM Planning Analytics vs. Power BI: Detailed Comparison

IBM Planning Analytics vs. Power BI Top Ratings & Reviews: Power BI

In our rating and review comparison of IBM Planning Analytics vs. Power BI, Power BI has 418 user reviews and IBM Planning Analytics has 31. The average star rating for Power BI is 4.48 while IBM Planning Analytics has an average rating of 4.35. Power BI has more positive reviews than IBM Planning Analytics. Comparing IBM Planning Analytics vs. Power BI reviews, Power BI has stronger overall reviews.

IBM Planning Analytics vs. Power BI Best Features & Functionality: IBM Planning Analytics

IBM Planning Analytics vs. Power BI 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. Power BI, IBM Planning Analytics offers more of the most popular features and tools than Power BI.

IBM Planning Analytics vs. Power BI Best Pricing: Power BI

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

IBM Planning Analytics vs. Power BI Best Usability: IBM Planning Analytics

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

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