IBM Planning Analytics with Watson logo

IBM Planning Analytics with Watson

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About IBM Planning Analytics with Watson

IBM Planning Analytics with Watson is a business planning and forecasting platform built on an in-memory engine. It enables finance and operations teams to run complex what-if scenarios, build budgets, and analyze profitability with real-time results. Users can plan in a web interface or Excel while integrating data from multiple sources and IBM tools. Deployment supports cloud or on-prem environments. Key capabilities: AI assisted forecasting and scenario planning In-memory analytics for fast calculations Excel and web based modeling Integration with IBM Cognos and Controller Flexible deployment on cloud or on-prem Best for: Enterprises needing integrated planning across finance and operations.

IBM Planning Analytics with Watson Details

Vendor
IBM
Year Launched
1911
Location
Armonk, New York
Deployment
cloud, on premise, windows, linux
Training Options
documentation, videos, live online, in person
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Japanese, Chinese
Users
Finance Professionals, Supply Chain Managers, Sales Teams, Human Resources (HR) Professionals, IT Professionals
Industries Served
Finance, Supply Chain, Sales, Human Resources (HR), Information Technology
Tags
Artificial Intelligence, Budgeting, Business Performance Management, Strategic Planning, IBM

IBM Planning Analytics with Watson's In-App Market Place

Does IBM Planning Analytics with Watson have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

Usd ($)

Pros & Cons

  • Stable and Robust: IBM Planning Analytics is praised for its stability and robustness, making it suitable for enterprise-level planning and forecasting.
  • Effective for Workforce and Marketplace Planning: Users have had great experiences implementing workforce and marketplace planning with the software.
  • Flexibility in Budgeting and Modeling: IBM Cognos TM1 is highly regarded for its flexibility, which supports various budgeting processes effectively.
  • Reliable System Interfacing: TM1 works well as long as the organization’s system interfaces are set up reliably and databases are designed to interface with each other.
  • Excellent Customer Support: Users have had positive experiences with customer support, including specific instances where support staff, like Steve, provided excellent assistance.
  • Lack of New Features: Compared to other software, IBM Planning Analytics has not introduced many new features in recent years.
  • Difficult Setup: The initial setup can be challenging, with limited online resources available. Technical assistance is often required for the initial setup.
  • Processing Delays: Users may experience delays while files are being processed, and errors can result in significant penalties.
  • Limited Scope: The software is primarily designed for planning, budgeting, and forecasting. Deviating from these core functions can cause problems.

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