IBM Planning Analytics vs. Microsoft Power BI

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Planning Analytics
Score 8.7 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Microsoft Power BI
Score 8.5 out of 10
N/A
Microsoft Power BI is a visualization and data discovery tool from Microsoft. It allows users to convert data into visuals and graphics, visually explore and analyze data, collaborate on interactive dashboards and reports, and scale across their organization with built-in governance and security.
$10
per month per user
Pricing
IBM Planning AnalyticsMicrosoft Power BI
Editions & Modules
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
No answers on this topic
Offerings
Pricing Offerings
IBM Planning AnalyticsMicrosoft Power BI
Free Trial
YesYes
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
IBM Planning AnalyticsMicrosoft Power BI
Considered Both Products
IBM Planning Analytics
Chose IBM Planning Analytics
In this case, Vena and Planful are considered as other products that can be compared with IBM Planning Analytics, but among them, IBM Planning Analytics is more optimal in terms of user interface and integration. Its preconfigure risk assessment model and its format and …
Chose IBM Planning Analytics
IBM PA is like having pivot tables on steroids. Possibilities are endless.
Chose IBM Planning Analytics
IBM Planning Analytics is easier to use and setup for me. Easier to make reports. Works fast
Chose IBM Planning Analytics
Why IBM Planning Analytics when compared to Oracle Hyperion: Better excel integration Less data movement and duplication Better cloud offering More aforeable licensing
Chose IBM Planning Analytics
I worked with Hyperion a long time ago. It was not a Oracle product yet. One great feature of this solution that was really great at the time, was the modeling process of ir, with a very robust engine for sparse cubes. the performance was excellent at the time. But today I can …
Chose IBM Planning Analytics
Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA …
Chose IBM Planning Analytics
Because of its ability in planning, budgeting and forecasting or work progress.it has made it easy in driving sales hence profitability and lowering costs,also with ability to forecast the decision making has never been made this easier.
The reasons for selecting are on its …
Chose IBM Planning Analytics
IBM Planning Analytics was by far the most robust tool we evaluated among several top competitors. It stood out for its place in the industry to provide detailed, integrated, and aggregate integration for data governance. I was impressed with the approach from the sales team to …
Chose IBM Planning Analytics
Better functionality in terms of performance, Excel integration, user volume handling, cloud, and on-premise deployments.
Microsoft Power BI

No answer on this topic

Features
IBM Planning AnalyticsMicrosoft Power BI
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
9.8
90 Ratings
25% above category average
Microsoft Power BI
8.8
140 Ratings
8% above category average
Pixel Perfect reports9.879 Ratings8.5120 Ratings
Customizable dashboards9.790 Ratings10.0140 Ratings
Report Formatting Templates9.784 Ratings8.0128 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
9.8
96 Ratings
18% above category average
Microsoft Power BI
8.2
140 Ratings
2% above category average
Drill-down analysis9.893 Ratings7.0139 Ratings
Formatting capabilities9.795 Ratings8.9138 Ratings
Integration with R or other statistical packages9.871 Ratings8.0103 Ratings
Report sharing and collaboration9.792 Ratings9.0135 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
9.5
90 Ratings
14% above category average
Microsoft Power BI
8.6
134 Ratings
4% above category average
Publish to Web9.985 Ratings8.0129 Ratings
Publish to PDF9.984 Ratings9.0122 Ratings
Report Versioning9.983 Ratings9.0102 Ratings
Report Delivery Scheduling8.475 Ratings8.0104 Ratings
Delivery to Remote Servers00 Ratings8.974 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
9.3
92 Ratings
20% above category average
Microsoft Power BI
8.7
136 Ratings
9% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.892 Ratings8.9131 Ratings
Location Analytics / Geographic Visualization9.886 Ratings8.0122 Ratings
Predictive Analytics9.882 Ratings8.9102 Ratings
Pattern Recognition and Data Mining7.915 Ratings9.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
9.5
96 Ratings
9% above category average
Microsoft Power BI
8.6
127 Ratings
1% above category average
Multi-User Support (named login)9.894 Ratings9.0121 Ratings
Role-Based Security Model9.895 Ratings9.0102 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.896 Ratings10.0111 Ratings
Report-Level Access Control8.420 Ratings7.01 Ratings
Single Sign-On (SSO)9.888 Ratings8.394 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.6
83 Ratings
3% below category average
Microsoft Power BI
8.0
117 Ratings
1% above category average
Responsive Design for Web Access6.182 Ratings8.0111 Ratings
Mobile Application8.046 Ratings7.793 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.855 Ratings7.7112 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
9.8
102 Ratings
17% above category average
Microsoft Power BI
-
Ratings
Long-term financial planning9.898 Ratings00 Ratings
Financial budgeting9.8101 Ratings00 Ratings
Forecasting9.8102 Ratings00 Ratings
Scenario modeling9.7101 Ratings00 Ratings
Management reporting9.8101 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
9.8
95 Ratings
21% above category average
Microsoft Power BI
-
Ratings
Financial data consolidation9.791 Ratings00 Ratings
Journal entries and reports9.883 Ratings00 Ratings
Multi-currency management9.884 Ratings00 Ratings
Intercompany Eliminations9.883 Ratings00 Ratings
Minority Ownership9.875 Ratings00 Ratings
Local and consolidated reporting9.887 Ratings00 Ratings
Detailed Audit Trails9.789 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
9.4
96 Ratings
15% above category average
Microsoft Power BI
-
Ratings
Financial Statement Reporting9.892 Ratings00 Ratings
Management Reporting9.893 Ratings00 Ratings
Excel-based Reporting9.895 Ratings00 Ratings
Automated board and financial reporting9.785 Ratings00 Ratings
XBRL support for regulatory filing8.161 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
9.5
98 Ratings
17% above category average
Microsoft Power BI
-
Ratings
Personalized dashboards9.797 Ratings00 Ratings
Color-coded scorecards9.892 Ratings00 Ratings
KPIs9.895 Ratings00 Ratings
Cost and profitability analysis9.893 Ratings00 Ratings
Key Performance Indicator setting9.894 Ratings00 Ratings
Benchmarking with external data8.165 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
9.8
97 Ratings
16% above category average
Microsoft Power BI
-
Ratings
Flat file integration9.894 Ratings00 Ratings
Excel data integration9.995 Ratings00 Ratings
Direct links to 3rd-party data sources9.886 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
IBM Planning Analytics
-
Ratings
Microsoft Power BI
8.4
80 Ratings
7% above category average
REST API00 Ratings8.072 Ratings
Javascript API00 Ratings9.956 Ratings
iFrames00 Ratings8.055 Ratings
Java API00 Ratings8.046 Ratings
Themeable User Interface (UI)00 Ratings8.163 Ratings
Customizable Platform (Open Source)00 Ratings8.444 Ratings
Best Alternatives
IBM Planning AnalyticsMicrosoft Power BI
Small Businesses

No answers on this topic

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Score 9.0 out of 10
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Score 9.4 out of 10
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Score 10.0 out of 10
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OneStream
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Score 8.8 out of 10
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Score 9.9 out of 10
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User Ratings
IBM Planning AnalyticsMicrosoft Power BI
Likelihood to Recommend
8.9
(108 ratings)
8.5
(142 ratings)
Likelihood to Renew
9.1
(5 ratings)
9.0
(2 ratings)
Usability
9.7
(73 ratings)
8.0
(58 ratings)
Support Rating
9.7
(97 ratings)
10.0
(53 ratings)
Implementation Rating
-
(0 ratings)
9.0
(1 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
IBM Planning AnalyticsMicrosoft Power BI
Likelihood to Recommend
IBM
Very powerful modeling capabilities. It has a really good OLAP engine memory. Strong scenario planning for what if analysis. Flexibility of integration with ERPs or WM systems for both cloud and on premises. Centralized planning and alignment of governance is also a plus. Having one single system for many different functions.
Read full review
Microsoft
Has significantly improved collation of data and visualisation especially with business across Europe. Has given me the ability to see the Site availability at the click of a button to see which Site is in the "money" and seize opportunities based on Market data
Read full review
Pros
IBM
  • 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.
Read full review
Microsoft
  • Options for data source connections are immense. Not just which sources, but your options for *how* the data is brought in.
  • Constant updates (this is both good and bad at times).
  • User friendliness. I can get the data connections set up and draft some quick visuals, then release to the target audience and let them expand on it how they want to.
Read full review
Cons
IBM
  • 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
Read full review
Microsoft
  • It would be easier for users could Microsoft Power BI and Excel used the same programming languages.
  • Would like to see the online version of Microsoft Power BI be as powerful as the desktop version.
  • Publishing a Microsoft Power BI file online and then having to save the file is somewhat redundant.
  • Would like to export each page or chart as an image.
Read full review
Likelihood to Renew
IBM
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.
Read full review
Microsoft
Microsoft Power BI is an excellent and scalable tool. It has a learning curve, but once you get past that, the sky is the limit and you can build from the most simple to the most complex dashboards. I have built everything from simple reports with only a few data points to complex reports with many pages and advanced filtering.
Read full review
Usability
IBM
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.
Read full review
Microsoft
Automating reporting has reduced manual data processing by 50-70%, freeing up analysts for higher-value tasks. A finance team that previously spent 20+ hours per week on Excel-based reports now does it in minutes with Microsoft Power BI's automated Real-time dashboards have shortened decision cycles by 30-40%, enabling leadership to react quickly to sales trends, operational bottlenecks, and customer behavior.
Read full review
Support Rating
IBM
IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed.
Read full review
Microsoft
It is a fantastic tool, you can do almost everything related with data and reports, it is a perfect substitutive of Power Point and Excel with a high evolution and flexibility, and also it is very friendly and easy to share. I think all companies should have Power BI (or other BI tool) in their software package and if they are in the MS Suite, for sure Power BI should be the one due to all the benefits of the MS ecosystem.
Read full review
Implementation Rating
IBM
No answers on this topic
Microsoft
It was integrated with our erp easily and was accessible on cloud.
Read full review
Alternatives Considered
IBM
As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed.
Read full review
Microsoft
Microsoft Power BI is free. If I didn't want to create a custom platform (i.e. my organization insisted on an existing platform that I *had* to use), I'd use Microsoft Power BI. For any start-up or SMB, I'd just use Claude & Grok to build it quickly, also for free. Would not pay for Tableau or Sigma anymore. Not worth it at all.
Read full review
Return on Investment
IBM
  • Automate direct data connections to multiple data sources
  • One secured version of the the truth (for data and formulas)
  • Ability to scale to much more detailed planning with option to create predictive forecasts at detail
  • Business user friendly with powerful Excel integration
  • Very flexible and powerful modeling, can handle custom modeling needs at scale
  • Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them
Read full review
Microsoft
  • Power BI usage reduced the effort of analytical reports creation by about 80%
  • Empowered all the level of employee to be more vigilant of the data and business insights, gained the profit of 8% overall.
  • AI-powered predictive analytics improved forecasting accuracy by 17%, that topped the overall sales.
Read full review
ScreenShots

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis

Microsoft Power BI Screenshots

Screenshot of Microsoft Power BI - Turns insights into impact for business usersScreenshot of Power BI integrates easily with Microsoft 365Screenshot of Microsoft Power BI - AI-Powered CapabilitiesScreenshot of Microsoft Power BI - Copilot can be used to create reportsScreenshot of Microsoft Power BI - Data HubScreenshot of Microsoft Power BI - Scales as organizational needs grow