IBM Planning Analytics for IBM Cloud Pak for Data

What do you like best about the product?

Its a reliable tool for Budget and Forecasting. Easy to login, view financial statements, administer permissions for users and and is relatively quick for speed.

What do you dislike about the product?

The pages look clunky and can look outdated, sometimes it can be hard to troubleshoot business rules and rule building in the cubes can be complex and with not many online resources available.

What problems is the product solving and how is that benefiting you?

Doing budgeting and forecasting across multiple Business Units and incorporating some complicated accounting business rules.

What do you like best about the product?

I love this platform for its capability to integrate with Microsoft Excel and prepare reports into excel. It makes work much easier, simpler and productive by using this platform. I also love this platform as it have a very user friendly environment to work with making things less complex. The platform can also automate workflow enabling data flow more organized and free from human input. It improves efficiency by allocating resource to more productive and critical work. This platform allows product management and planning more efficient with its superb business logic integrated into the system. A more informed Decision making can be made by using this platform.

What do you dislike about the product?

I wish that there were more tutorials to assist users to this platform. I also felt the cost can be a bit lower. I also wish that there was better monitoring tools that would allow to review the whole processes with ease.

What problems is the product solving and how is that benefiting you?

Reports are more organized using this platform. It allows better decision making. It also reduces mistakes in reporting and allows conversion of data to information faster. Teams becomes more efficient and productive by using this platform.

What do you like best about the product?

IBM is integrating AI/ generative-AI into BI and analytics workflows. For example, the next-gen BI in Cognos is being powered by the IBM Granite foundation models.
IBM.
Offerings such as IBM Planning Analytics now include a “Planning Analytics Assistant” plus “Multivariate AI Forecasting” to support plain-language queries, predictive insights and more autonomous planning.

What do you dislike about the product?

Setting up dashboards, modeling data, or creating visuals often requires more clicks or technical steps.

What problems is the product solving and how is that benefiting you?

-IBM Planning Analytics addresses complex and time-sensitive planning and forecasting needs in real time.
particularly within sales and supply chain operations. With its real-time calculations, planning cycles are significantly shortened, reducing the process from days or weeks to just a few hours. The platform’s centralized and consistent modeling improves the reliability of both sales and demand forecasts, leading to greater forecast accuracy. Organizations benefit from increased agility, allowing them to respond swiftly to market changes, supply chain disruptions, or sudden shifts in demand. Additionally, it helps optimize production and inventory levels, which in turn lowers carrying costs and improves resource utilization. The use of shared models and dashboards also fosters stronger collaboration and transparency among different departments.

What do you like best about the product?

It aims to reduce processing time and incorporate variables that current business models do not take into account, while also improving how data is prepared and integrated into the models.

What do you dislike about the product?

At the moment, I don’t program the tool myself; I focus on reviewing various model outputs and comparing them against our existing manual models. A potential improvement would be to enable goal-based analysis and present results at defined intervals, along with an assessment of their stationarity.

What problems is the product solving and how is that benefiting you?

It reduces the time needed to model various outcomes and enables the inclusion of variables that are challenging to incorporate through manual modeling processes.

What do you like best about the product?

IBM Planning Analytics stands out for its impressive blend of flexibility and performance. The integration of TM1 with a user-friendly interface enables real-time data analysis and supports quicker decision-making. I also value how easily I can create dynamic dashboards and carry out multidimensional modeling. Its automation features greatly minimize manual work, which enhances both efficiency and accuracy across planning, forecasting, and reporting tasks.

What do you dislike about the product?

One aspect where IBM Planning Analytics could see improvement is in its user interface and the complexity of the initial setup. Although the tool offers robust capabilities, newcomers may struggle to navigate and set up models effectively without sufficient training. Furthermore, performance can occasionally lag when working with particularly large datasets. Improving the platform’s user-friendliness, as well as its documentation and troubleshooting resources, would help create a smoother and more efficient experience for all users.

What problems is the product solving and how is that benefiting you?

IBM Planning Analytics is helping us solve several critical challenges related to budgeting, forecasting, and data consolidation. It eliminates the need for manual spreadsheet work, ensuring accuracy and consistency across departments. The platform’s real-time data integration and automation capabilities enable faster analysis and more informed decision-making. As a result, we’ve experienced improved collaboration, reduced turnaround times, and greater visibility into financial and operational performance across the organization.