IBM Planning Analytics vs. Jedox

For a CFO or a COO to do budgeting and planning, IBM Planning Analytics would be essential. It is a tool that can take in multiple data sources and showcase them in a multidimensional way. If you are looking just for a BI or reporting tool, Planning Analytics would be considered "overkill".

Jedox is really good when being applied to a specific use case or scenario (such as a budget or planning process). Once embedded, users then start to really understand how it can be used in other, less well defined, areas of their business. It is therefore not as easy to apply it on an enterprise-wide deployment from a "Big Bang" perspective. But very few tools / projects ever meet this goal.

• Handle very large data volumes.
• Scale to a large number of users.
• Not having to compromise on business complexity.
• It can be run by business users.
• Availability of highly qualified consultants to support businesses.
• REST API allows for an open eco system and a variety of solutions to extend the product.
• Vast integration possibilities.
• AI-infused engine with IBM Watson.

Incentivized

• Easy to deploy through web interface
• Highly integrated in Excel, very familiar platform for end users
• very short implementation at reasonable cost

• sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
• getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around

Incentivized

• Limited data discovery features but integration with third party products
• Complex projects require expertise of specialised consultants
• Limited options for online training but extensive in person training available
• Limited scalability. For systems with more than 50 users there are better solutions

Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.

For a period of 5 years all our customers using Jedox have renewed their licenses.

IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.

Incentivized

To me Jedox deserves 10/10 because it is a consistent one-in-all platform with a modern look and feel. It is intuitive to use and allows you to make intuitive applications integrating traditional business intelligence with performance management functionality. It certainly has a short
learning curve, especially for those that are familiar with MS Excel. An example: I've lost count but Jedox it is available in more than 25 languages. Another: Jedox does not require programming skills... it is developed to be used by the business.

Jedox has
very few bugs. Reports are available through an Excel add-in, the web and/or
mobile device (IOS/Android). In my opinion, availability also means high
performance, not having to wait for the system to give you the required reports,
analysis, dashboards instantly.

Jedox is the fastest OLAP tool on the market. It can use GPU cards to increase performance even more

Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues

Incentivized

The Jedox support team are highly knowledgeable about both the product and how it is used in real life. They also are typically proactive in resolving issues.

The implementation of SSO, SAML Authentication, HTTPS, Server splitting (Frontend / Backend servers) could be more standardized and made more user friendly to set up (e.g. via setup guide). Otherwise the implementation of Jedox is quick and simple when compared to other similar technologies.

For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.

Incentivized

Power BI in some respects is easier to set up using tabular analysis, which makes creating new models relatively easy in comparison to Jedox, however, the DAX language is more complex to learn than the Groovy script used by Jedox. Jedox's power comes in its ability to write back to models and flexibility in setting up reports. We use both for different applications, but if I was wanting to create a model that needed user input I would pick Jedox.

Incentivized

Scalability is often another word for speed. Given enough data, enough users or enough calculations, the tool becomes slower and slower. You will find that Jedox has a very high performance that can even be increased by the use of grafical cards. Other thaen that it does not only offer BI (looking back based on historical ERP data) but also allows you to look forward through integrated budgetting, planning, forecasting, workflow and collaboration. Not easy to find a tool that can support so much business functionality. So, also pretty scalable in that respect.

• Much higher degree of accuracy in forecasting with the use of predictive analysis from historical data
• Dozens of man hours saved in routine processes that are now handled with minimal human interaction
• One system that holds the "source of truth," consolidating multiple systems together that were only accessible individually before

Incentivized

• Financial budgeting and Forecasting are done in a centralized fashion in Jedox now instead of a decentralized excel based approach. A lot of cost savings and improved reliability
• Easy to use self-help Dashboards and detailed reports
• Web-based reporting instead of excel based

Incentivized