Overview
Transform your business decision-making with unparalleled precision and foresight. With IBM Planning Analytics, you can plan, predict, partner, and prosper. Because better planning starts when everyone and everything is in sync. Automate and unify planning across the business so your team can stay ahead of the curve, drive efficiency, forecast without the guesswork, and capitalize on every opportunity. Turn AI-driven business predictions into action and harness the collective intelligence of your entire organization in one flexible and governed integrated business platform, so no opportunity for sustainable growth is missed.
Planning Analytics as a Service offers three tiers: Essentials, Standard and Premium. Essentials is designed for small teams who want to create faster, more accurate plans and forecasts. Uncover deep insights and adjust plans in real-time without having to export data to other tools. Standard is built for companies that want to confidently turn AI driven business predictions into actions. With all the features of our Essentials tier included, you can anticipate outcomes, plan smarter, pivot quickly, and adapt to changing demands with trusted insights. Premium is for large enterprises that want to automate and unify integrated business planning across their organization. With all the features of our standard tier included, you can harness the collective intelligence of your entire organization and prepare for tomorrow with an AI-powered, flexible, and governed planning solution that can manage your business complexities. For Standard or Premium Pricing or customized pricing, please contact your IBM Sales Representative (https://www.ibm.com/account/reg/signup?formid=MAIL-dataaiplanninganalytics ), Business Partner or visit us at: https://www.ibm.com/products/planning-analytics
Guided planning Ensure a smooth, streamlined planning process with managed and governed workflows. With just a few clicks, create customized applications, invite participants, define submission requirements, assign due dates, and easily monitor the progress of plan activities.
Predictive forecasting Get accurate and timely forecasts with embedded predictive forecasting capabilities. Leverage the power of statistical and predictive analytics to analyze historical data and identify trends and patterns.
Multidimensional analysis Dive deep into large, historical, and future-oriented data sets to gain valuable insights and uncover hidden opportunities. Explore data from various angles to make strategic decisions based on a comprehensive understanding of your business
Advanced self-service modeling With Workbench Modeling, analysts can create and maintain sophisticated financial models without relying on IT support. Measure the impact of decisions before making them to ensure informed and proactive decision-making with what-if scenario functionality.
Highlights
- Anticipate Trends: Stay ahead of the curve by identifying market trends and emerging opportunities, enabling you to make proactive decisions.
- Enhance Collaboration: Foster collaboration among your teams with real-time data sharing and collaborative planning tools, breaking down silos and boosting productivity.
- Visit https://www.ibm.com/products/planning-analytics/pricing?mpid=aws to access more information about our pricing estimator and product editions
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Dimension | Description | Cost/12 months |
|---|---|---|
Essentials | 5 Users, 16GB RAM | $9,900.00 |
Standard | 10 Users, 32GB RAM | $19,800.00 |
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For paid subscriptions, please visit IBM Support to create a ticket for Planning Analytics as a Service: https://www.ibm.com/mysupport/
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Standard contract
Customer reviews
Integrated planning has simplified decisions and has supported predictive, scenario-based savings
What is our primary use case?
Most customers using IBM Planning Analytics are from the banking industry, and some are SMEs like Honda Car and Toyota in Pakistan.
How has it helped my organization?
Since implementing IBM Planning Analytics for the client, those upgrading to the new version are definitely getting performance improvements and ease of further integrations with their environment.
What is most valuable?
The biggest advantage of IBM Planning Analytics is that it is fully integrated with the other applications or tools that the customer is using within their environment, and they can get easy availability of local resources familiar with the tools to reap the benefits. The tool itself is easy to use for non-technical users as well.
With reference to discussions with customers, the most valuable functionality in IBM Planning Analytics is the integration with other ERP and other modules that they are currently using, and it is user-friendly for management people who prefer not to engage with complex systems, allowing them to click on some reports and get their output easily. The predictive analytics feature is helpful because planning is the most important part for successful business continuation.
In some cases, the review indicates that savings exceed 50%, and in scenarios where there is a challenge of change management, it is around 20-25%.
What needs improvement?
Regarding the local industry concerning IBM Planning Analytics, the first improvement I suggest is pricing, and they should focus on local training; as much as people become aware of the product, they will grow their business in the local region. IBM Planning Analytics is quite good in research and development, so with each day and the next release, they add more integrations or new features. I would prefer to see IBM Planning Analytics integrated with cloud-based environments or hybrid cloud environments so that people using hybrid data centers, with some applications on-premises and some over the cloud, can have integration to bridge both types of applications. Additionally, the new feature of microservice architecture should be integrated with those applications, making it more flexible and open for market-available applications. It should be improved, and they should incorporate new tools or add features for open-source platforms as well.
For how long have I used the solution?
I started selling IBM Planning Analytics in 2018 and 2019.
What do I think about the stability of the solution?
For stability, I would rate it a nine.
What do I think about the scalability of the solution?
For scalability, I would rate it between seven to eight, leaning towards eight.
How are customer service and support?
The technical support of IBM Planning Analytics is good, but it depends on the SLA we have with them; the better the SLA, the better the support you receive. For support, I would give it an eight out of ten.
How was the initial setup?
The installation of IBM Planning Analytics is moderate; it is neither very tough nor very simple.
What was our ROI?
As quickly as the management gets the decision of their planning or requirements, they work smartly and will benefit from this. These use cases are already available in the market, and we have references that show these capabilities.
Which other solutions did I evaluate?
IBM Planning Analytics is a better tool, as there are other tools available in the market, such as those from SAP, which many people use for project planning. However, IBM Planning Analytics offers more openness compared to those options.
What other advice do I have?
The interface is simple, not very flashy, and while the management is looking for planning or other things, it is easy to understand, but not very colorful. Scenario-based planning in IBM Planning Analytics is helpful in some cases, and while it varies due to local circumstances or industry trends, it definitely helps get some idea. Even if it is not on the exact or 100% outputs, people can get maximum output or insight for their upcoming planning. The biggest challenge when deploying IBM Planning Analytics is the integration with other tools. Most deployments of IBM Planning Analytics are on-premises, as we had it on-premises due to a policy from banks that prevents them from populating their data to the cloud. I would rate this review an eight overall.