IBM Planning Analytics vs. Spotfire: Which is Best?

IBM Planning Analytics vs. Spotfire: Which is Best?

IBM Planning Analytics vs. Spotfire Best Overall: Spotfire

In our comparison of IBM Planning Analytics vs. Spotfire, Spotfire is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

IBM Planning Analytics Quick Info
WH Score:
8.7
Pricing Score:
7.8
Feature Score:
8.0
Usability Score:
8.0
Company Size:Mid Market, Large Market
Platforms:
Spotfire Quick Info
WH Score:
8.9
Pricing Score:
8.3
Feature Score:
8.6
Usability Score:
8.2
Company Size:All Sizes
Platforms:

Pricing

IBM Planning Analytics Pricing
IBM Planning Analytics - User License
$150
per user / per month
Spotfire Pricing
Price Range
Contact Us

* Vendor does not share prices.

Features

IBM Planning Analytics Features
  • Data Indexing
  • Data Classification
  • Data Discovery
  • Data Mapping
  • Data Refresh
  • Data Lookup
  • Data Blending
  • Data Drilling
  • Data Mining
  • Data Modeling
  • Data Storytelling
  • Data Validation
  • Data Deduplication
  • Data Merge
  • Data Feed
Spotfire Features
  • Data Indexing
  • Data Classification
  • Data Discovery
  • Data Mapping
  • Data Refresh
  • Data Lookup
  • Data Blending
  • Data Drilling
  • Data Mining
  • Data Modeling
  • Data Storytelling
  • Data Validation
  • Data Deduplication
  • Data Merge
  • Data Feed

Pros & Cons

IBM Planning Analytics Pros & Cons
Pros
  • Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy
  • Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.
Cons
  • Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding
  • However, TM1's modeling and planning capabilities are considered superior to those of Power BI.
Spotfire Pros & Cons
Pros
  • The connections it supports to Legacy Data are many.
Cons
  • AppStudio language can't be run easily
  • Dialogue manager language is not object-oriented.

Reviews

IBM Planning Analytics Reviews
Top Favorable Review
F
Freddie
Reviewed on Jul 2, 2021

Experience in building complex models: The user has successfully built complex models in TM1 for both management and statutory accounts. They have applied TM1 in diverse areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity-based costing, and public finance initiative scenario comparison.

Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy. Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.

Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding. However, TM1's modeling and planning capabilities are considered superior to those of Power BI.

Top Critical Review
F
Freddie
Reviewed on Jul 2, 2021

Experience in building complex models: The user has successfully built complex models in TM1 for both management and statutory accounts. They have applied TM1 in diverse areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity-based costing, and public finance initiative scenario comparison.

Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy. Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.

Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding. However, TM1's modeling and planning capabilities are considered superior to those of Power BI.

Spotfire Reviews
Top Favorable Review
B
Bobbie
Reviewed on Jul 2, 2021

Our experience with WebFocus has been incredibly nice.

The connections it supports to Legacy Data are many.

Too much effort is required to move to a new edition.

Top Critical Review
A
Abraham
Reviewed on Jul 2, 2021

Great customized reports and easy addition of new visualizations and formats.

AppStudio language can't be run easily. Dialogue manager language is not object-oriented.

Alternatives

IBM Planning Analytics Alternatives
Spotfire Alternatives
Add to Compare

Add suggested to comparison

IBM Planning Analytics vs. Spotfire: Detailed Comparison

IBM Planning Analytics vs. Spotfire Top Ratings & Reviews: Spotfire

In our rating and review comparison of IBM Planning Analytics vs. Spotfire, Spotfire has 74 user reviews and IBM Planning Analytics has 31. The average star rating for Spotfire is 4.47 while IBM Planning Analytics has an average rating of 4.35. Spotfire has more positive reviews than IBM Planning Analytics. Comparing IBM Planning Analytics vs. Spotfire reviews, Spotfire has stronger overall reviews.

IBM Planning Analytics vs. Spotfire Best Features & Functionality: Spotfire

IBM Planning Analytics vs. Spotfire both offer a strong set of features and functionality including Data Management, Data Migration, Report Management, Reporting & Analytics, Drag-and-Drop Builders/Designers, Customizable Items, Collaboration Tools, Appointments/Scheduling, File Management, Systems/Administrative, Supported Technologies. In our feature comparison of IBM Planning Analytics vs. Spotfire, Spotfire offers more of the most popular features and tools than IBM Planning Analytics.

IBM Planning Analytics vs. Spotfire Best Pricing: Spotfire

In our pricing comparison of IBM Planning Analytics vs. Spotfire, Spotfire's pricing starts at N/A/month and is more affordable compared to Spotfire's starting cost of N/A/month.

IBM Planning Analytics vs. Spotfire Best Usability: Spotfire

Our comparison of IBM Planning Analytics vs. Spotfire shows that Spotfire scores higher in usability for ease of use, meets requirements, learning curve, setup & support, quality of support, ease of admin. IBM Planning Analytics scores higher in , but Spotfire has the best scores overall for system usability.

The right software for your business

Get your personalized recommendations now.