Is IBM Planning Analytics with Watson right for your business?

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best for

  • Accounting
  • Best For All Business Sizes
  • Supports Multiple Platforms

what reviewers say

  • Great value for money
  • Great ease of use
  • Great functionality

What is IBM Planning Analytics with Watson?

IBM Planning Analytics is a planning, forecasting and analysis solution that helps supply chain professionals gain accurate insights into current demand and future trends in order to optimize inventory levels and control costs. Organizations dealing with sprawling global supply chains and rising customer expectations can use it to develop forecasts at the aggregate or product family level, all the way down to the individual SKU. Built on the technology of IBM TM1, this solution enables users to build an accurate and complete model of the end-to-end supply chain across multiple transaction systems. Users can perform complex dimensional calculations and run detailed what-if scenarios. This helps supply chain managers ensure that they are making the most informe... read more

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User Review Highlights

4.25

10 Reviews

5
6
4
1
3
2
2
1
1
0
4

Ease-of-use

out of 5
3.5

Customer Support

out of 5
4.5

Value for money

out of 5
4.5

Functionality

out of 5
  • icon"If you need to perform Budgetting activities having several cost centers and managers from which you need to collect budget data, this is the solution to your need."
  • icon"IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility."
  • icon"It's powered by TM1 another great solution of IBM."
  • icon"Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years."
  • icon"Must wait some time while files are processed. Also penalize heavily errors."
  • icon"Doesn't seem to intuitive and is hard to finds information on the internet."

Read user reviews

How easy is IBM Planning Analytics with Watson to use and deploy?

IBM Planning Analytics with Watson supports all deployment options, including: Cloud, SaaS, Web-based, iPhone, iPad, Android, Windows, Linux, Windows, Mac.

People who reviewed this software give it a 4 star rating for ease-of-use.

IBM Planning Analytics with Watson Reviews

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Showing 1 - 10 of 10 reviews

User Profile

Gerson

Verified reviewer

Time used: Less than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
4

Value for money

out of 5
4

Customer support

out of 5
5

Functionality

out of 5

February 2018

Trustworthy as TM1

Predictive insights uncovered automatically with just a few clicks

Pros

It's powered by TM1 another great solution of IBM. Eliminate manual tasks derived from the constant and tedious use of spreadsheets. It provides dynamic planning and analytics workspace to model real-time scenarios. Once I export it to Excel as a formula driven file, all I have to do is edit the cell that it is pulling from and the result will vary depending of the desired result.

Cons

Must wait some time while files are processed. Also penalize heavily errors. But once is set the results are great.

Anonymous

Company size: 10,000+ employees

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
4

Ease-of-use

out of 5
5

Value for money

out of 5
4

Customer support

out of 5
5

Functionality

out of 5

January 2020

Great CPM enterprise software

We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning. It is stable and robust, supporting enterprise level planning and forecasting. The integration with cognos analytics make the reporting side easier.

Pros

1. Good performance especially the enhanced processing engine in the recent versions; 2. Robust reporting capability and integration with other IBM software such as IBM Cognos Analytics and Microsoft office; 3. Capability of integration with Watson and SPSS.

Cons

1. Although feeds and rules are the cores of IBM Planning Analytics, it makes the developer really hard to design and troubleshooting, wondering if the complexity can be encapsulated with a more business driven approach; 2.Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years.

Reasons for choosing IBM Planning Analytics with Watson

The corporate policy and intergation need with other IBM products made us stay with IBM Cognos analytics.

Michael

Industry: Primary/Secondary Education

Time used: Less than 2 years

2.5

Ease-of-use

out of 5
4

Functionality

out of 5

August 2016

IBM Cognos TM-1

Pros

This product allows our Finance team to forecast. Being able to tie the data to our data warehouse allows our users to slice and dice the data they way that they need.

Cons

This product is hard to maintain at times. Being a place that doesn't have trained individuals on how to use this, we have to turn to outside vendors to help us out quite a bit. Doesn't seem to intuitive and is hard to finds information on the internet.

Luigi

Company size: 1 employee

Industry: Computer Software

Time used: More than 2 years

Review Source

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
5

Value for money

out of 5
3

Customer support

out of 5
5

Functionality

out of 5

February 2019

A predictive/analysis software at fist class

Pros

If you need to perform Budgetting activities having several cost centers and managers from which you need to collect budget data, this is the solution to your need.

Cons

The direct support supplied by IBM is more a commercial than technical support, by the way there is plenty of IBM partners supporting it

Madhukeshwari

Company size: 11-50 employees

Industry: Computer Software

Time used: More than 2 years

Review Source

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

September 2018

Awesome tool to manage budget and planning

Pros

Its multi task software, so no need to buy different software to manage your organisation planning, reports are exporting to excel so easily modify it as you wish

Cons

Bit difficult to setup, no more articles over the internet, you need to ask some techies for one time setup. Later anyone can handle it

Jeffrey

Company size: 1,001-5,000 employees

Industry: Real Estate

Time used: Less than 2 years

3

Ease-of-use

out of 5
3

Value for money

out of 5
3

Customer support

out of 5
5

Functionality

out of 5

March 2017

BI Product

Pros

The overall product provides a central system and removes the need to purchase many different platforms.

Cons

The security setup is complex and difficult to do out of the box. Once setup, it works great with Acitve directory

Luigi

Company size: 1 employee

Industry: Management Consulting

Time used: More than 2 years

Review Source

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
4

Customer support

out of 5
4

Functionality

out of 5

January 2018

The best budgetting sw ever seen

I devellopped twice TM1 and my customers were always happy

Pros

IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility

Cons

The price is a little high for those companies having small business; the interface could be improuved

Amanda

Company size: 11-50 employees

Industry: Construction

Time used: Less than 6 months

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

October 2016

Best Customer Service

IBM has the absolute best customer service. Each time we had an issue there was someone from their IT Support to help right away. We spoke with a guy named Steve once that fixed us up perfectly. Thank you IBM and thank you Steve!

David

Industry: Management Consulting

Time used: More than 2 years

4

Ease-of-use

out of 5
1.5

Customer support

out of 5
4

Functionality

out of 5

August 2015

I've been a TM1 consultant and administrator for the past 5 years.

Pros

It is a very power tool if used in the right situation in the right way.

Cons

Ability to create complete UI and getting data out of it.

Nabeel

Company size: 1,001-5,000 employees

Industry: Government Administration

Time used: Less than 12 months

Review Source

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
2

Ease-of-use

out of 5
3

Value for money

out of 5
4

Customer support

out of 5
4

Functionality

out of 5

November 2017

TM1 Review

TM1 is a great tool to have as long as the organization's system interfacing are setup to work reliably and the databases are designed to interface with each other. If these conditions are not ideal, then TM1 will not add as much value to the organization as it is designed to.

Pros

The biggest advantage of using IBM Cognos TM1 is the ability to fully incorporate budgets and planning into the accounting system and the ability to use Cognos and Costpoint and other softwares to expand, analyze and extrapolate these budgets, planning and forecasts.

Cons

TM1 heavily relies on data feed from other systems whether it be Cognos, CostPoint or T&E and any small issue during the data interface can skew the analysis and often result in errors and misleading financial analysis.

Showing 1 - 10 of 10 reviews
IBM Planning Analytics with Watson

IBM Planning Analytics with Watson

4.25/5 out of 10 reviews