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analyst report

IBM Planning Analytics Scores 13 Top Rankings and 21 Leading Positions in BARC’s The Planning Survey 20

October 5, 2020 by Lisa Minneci Leave a Comment

News & Events

IBM Planning Analytics, which is built on the well-known and proven TM1 engine, received numerous high marks in this year’s annual Planning Survey from BARC. The survey provides a “detailed quantitative analysis of why customers buy planning tools, what they use them for, they everyday problems that users experience with the tools and how successful they are.”

The survey findings include:

  • 954% of surveyed users rate IBM Planning Analytics’ coverage of planning-specific requirements as excellent or good, compared to 89% for the average planning tool
  • 50% of surveyed users chose IBM Planning Analytics because of its flexibility, compared to 48% for the average planning tool
  • 43% of surveyed users chose IBM Planning Analytics because of its convincing performance, compared to 31% for the average planning tool.

“Besides planning, customers mainly use IBM Planning Analytics for ad hoc query and reporting (91 percent), standard/enterprise reporting (77 percent) and basic data analysis (72 percent). 51 percent of respondents plan to use it for advanced analysis in the future … 67 percent of Planning Analytics users are planning users – just above the survey average of 65 percent – reflecting the fact that Planning Analytics is essentially a planning tool with complementary BI and analytics functionality.” – BARC Comment

BARC Planning Survey 20

Download the highlights to learn details on IBM Planning Analytics’ rankings, read customer quotes, and more.

Home » analyst report

Filed Under: News & Events Tagged With: analyst report, Analytics, BARC, BARC Planning Survey 20, Budgeting Planning & Forecasting, Financial Performance Management, IBM Cognos TM1, IBM Planning Analytics, Planning & Forecasting, Planning & Reporting, TM1

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