What Is IBM Planning Analytics?
IBM Planning Analytics powered by TM1 provides an integrated, easy to use software application for Financial Planning & Analysis. It delivers accelerated budgeting, planning, & forecasting processes together with advanced built-in analytical and reporting capabilities which enable powerful what-if scenario analyses, visualisations, and period-end reporting, to bring you an ideal, AI-driven, financial performance management solution.
Choose from a range of ideal deployment and user-options so that you can work the way that suits you. Both Local and Express licences are deployed on-premise, while you can also choose to deploy a cloud solution using a Workspace licence. Deep integration with Microsoft Excel also offers a familiar UI for those who need or prefer to work mainly via spreadsheets using the optional Excel add-in.
Whatever your needs, we'll help you get the most from IBM Planning Analytics
IBM Planning Analytics Features
Sophisticated Features & Deployment Options mean that you can continuously plan using a range of corporate licensing options to suit your budget and needs. Make analytics available to everyone, so they can explore and visualise both internal and external data, and anticipate the future. Never more essential to your business than right now.
Planning Analytics Workspace
Give your users an intuitive and flexible web-based canvas from which to work with your main financial processes. Create new dashboards and visualisations using Workspace for greater analytical insights.
IBM Planning Analytics for Excel
State-of-the-art integration enables all the capabilities of a modern FP&A solution whilst leveraging the power of your existing Excel layouts and formatting for budget templates and financial reports.
Planning Analytics Express
Experience the same high level of functionality and performance as the enterprise software. Express is a highly cost-effective route to licensing the software for smaller financial teams and communities.
Cognos TM1 Upgrade
Existing Cognos TM1 users can make the upgrade from their legacy TM1 system to Planning Analytics quickly, with flexible deployment options and enhanced productivity capabilities.
Planning Analytics with Watson
Leverage the ground-breaking technology of IBM Watson, and discover new insights automatically, directly from your data with natural language queries for faster financial analysis.
Will You be Affected by End of Support for Cognos TM1 V2.0.9 ?
IBM Planning Analytics vs TM1 FAQ's
Are you looking to upgrade from TM1 to IBM Planning Analytics? In this FAQ section, learn about what planning analytics is, the differences between it and Cognos TM1, and how an upgrade can help improve planning, budgeting, reporting and analytics. Whether you are a new IBM Planning Analytics customer, an existing IBM Cognos TM1 user looking to upgrade, or simply want to understand how IBM Cognos TM1 and Planning Analytics relate to each other, our brief FAQ Guide is the place to start your journey.
What is IBM Planning Analytics?
IBM Planning Analytics (or just Planning Analytics) is the name for the latest release of TM1 (IBM Cognos TM1). There are 2 versions:
- A cloud based, Software as a Service (SaaS) subscription model and,
- Planning Analytics Local, an On Premise version that uses your own IT infrastructure.
How does IBM Planning Analytics Local differ from the Cloud (SaaS) Version?
The Planning Analytics SaaS offering includes an integrated instance of Cognos Analytics (previously called Cognos BI) and Watson Analytics. These applications provide enhanced reporting and predictive analytics. Although not part of the Planning Analytics Local installation, they can be added if needed subject to licensing restrictions. Find out if a cloud or local implementation is right for you.
What is included in Planning Analytics Local?
Planning Analytics Local includes enhanced versions of all of the pre-existing last version of Cognos TM1 (TM1 version 10.2.2) now included within IBM Planning Analytics Local. These include:
- TM1 Server
- TM1 Web
- Planning Analytics for Excel (PAX)
For a full list and description of all TM1 version 10.2.2 capabilities included in IBM Planning Analytics, read our detailed FAQ PDF.
What is Planning Analytics Workspace?
Planning Analytics Workspace (PAW) is a completely new, fully browser based module for input, reporting and analysis. It allows users to easily create high quality numeric and graphical reports using drag and drop functionality with no specialist programming or scripting skills.
Does IBM Planning Analytics replace TM1 and Cognos Express?
New versions of the software use the name Planning Analytics or Planning Analytics Express. However they are both based on the TM1 server and contain all the existing capabilities of previous TM1 versions. Find out more about IBM Planning Analytics vs TM1 here.
Do I Have to upgrade to IBM Planning Analytics to get the latest Cognos TM1 version?
The final release of TM1 prior to Planning Analytics Local was Version 10.2.2. Customers wishing to move to the latest version of TM1 must upgrade to Planning Analytics which incorporates the latest TM1 software.
Will Planning Analytics Local run on my existing hardware?
You can run most of the existing features of TM1 without any changes to your server. This includes Perspectives, Performance Modeler and TM1 web.
For more detail, please download our Planning Analytics FAQ PDF.
How can I find out more about IBM Planning Analytics?
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Our Vendor Partner Services
We are product specialists in the implementation, training, and support of IBM Planning Analytics and are a fully accredited IBM Partner. Our in-depth knowledge of accounting together with our extensive Cognos and IBM partnerships, extending back more than 30 years, means that we are able to provide optimised design and integrated support for your requirements.
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What Our Clients Say
References from our clients endorsing our expertise, approach, and supporting services
"InfoCat came highly recommended by IBM, and when we met with the InfoCat consultants on site for the first time we immediately saw why. We were very impressed with how knowledgeable the InfoCat team was, and the fact that they really took the time to understand the business objectives behind our reporting project.”
Miki Travel“InfoCat have delivered on all promises during the TM1 implementation as well as reacting at short notice when project priorities changed. Communication between InfoCat team members is seamless meaning development can be easily passed around the team leading to faster response times.”
Mark Raban Chief Financial Officer, Marshall Motor"I have no hesitation in recommending InfoCat"
Go-Ahead Group"InfoCat has delivered on all promises"
Marshall Motor Group"InfoCat's solution has given us a much clearer insight into our trading performance"
AFH Wealth Management"Can I just say what a pleasure it is to work with InfoCat. The project was completed on time with no overspend."
Husein Fazal Group Head of Enterprise Systems, Go-Ahead GroupNEW : Enhanced Reporting for your application with ReportWORQ
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