Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions

IBM has been ranked as ‘Leader’ in the Gartner Magic Quadrant for Cloud Financial Planning and Analysis solutions. Below you will find Gartners perspective on IBM Planning Analytics.

Strengths

• IBM has many large customers, a global reach, a large implementation partner ecosystem and an extensive service organization, with broad business domain and industry expertise.

• IBM Planning Analytics is based on TM1, and has had many improvements to enhance functionality, usability and flexibility. IBM’s reference customer scores for solution flexibility were above average.

• IBM has a diversified customer base. The vendor tends to be used by large organisations for complex, enterprise-wide applications — 58% of reference clients had over $1 billion in annual revenue, and 17% more than $10 billion. At the other end, 25% of reference clients had less than $1 billion in revenue.

Cautions

• Survey respondents rated IBM below average in 10 of the 11 key areas surveyed, although few individual ratings were especially weak. It had bottom-quartile scores for ease of implementation and maintenance, application governance/life cycle management, overall experience with vendor, and meeting needs vs. money spent.

• IBM is in this Magic Quadrant’s bottom quartile for reference customers needing ongoing support for upgrades related to maintenance or updates, with almost half requiring it.

• A clear majority of IBM customers surveyed would recommend the vendor without reservation; however, a material number would do so with minor qualifications. These qualifications generally reflected some dissatisfaction with support responsiveness