Is IBM Planning Analytics with Watson right for your business?
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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
Ease-of-use
out of 5Customer Support
out of 5Value for money
out of 5Functionality
out of 5"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."
"IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility."
"It's powered by TM1 another great solution of IBM."
"Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years."
"Must wait some time while files are processed. Also penalize heavily errors."
"Doesn't seem to intuitive and is hard to finds information on the internet."
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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.
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Showing 1 - 10 of 10 reviews

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.
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
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
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.
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.
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
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.
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
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
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.
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.
