IBM Planning Analytics
8.6#1 in scenario planning softwareiOSWebAPIExtension
VisitIBM Planning Analytics vs ModelRisk
What both publish
| Fact | IBM Planning Analytics | ModelRisk |
|---|---|---|
| Founded | 1911 | 2008 |
| Headquarters | Armonk, New York, United States | Ghent, Belgium |
| Purpose | IBM Planning Analytics is an AI-powered planning and analytics platform powered by the IBM TM1 database that unifies business planning in one governed platform. | ModelRisk is a Monte Carlo simulation add-in for Microsoft Excel that models uncertainty in spreadsheet inputs and generates scenarios. |
| Use cases | IBM lists financial planning, supply chain, ESG and sustainability, sales, workforce, IT budgeting and marketing performance as use cases. | The maker describes use in business, science, engineering, and government, with examples including cost estimation, epidemiology, portfolio risk, capital investment, and insurance modelling. |
IBM Planning Analytics plans
- EssentialsPriced on request
- StandardPriced on request
- PremiumPriced on request
ModelRisk plans
- ModelRisk Desktop€1,550 a year
- ModelRisk Network€4,750 a year
Pick IBM Planning Analytics if…
It suits organizations that need budgeting, forecasting, and planning across financial and operational areas, including teams working in Excel. Its deployment options include managed SaaS and on-premises software.
Pick ModelRisk if…
ModelRisk suits Windows users who work with uncertainty, scenarios, and risk analysis in Excel. The listed use cases span business, science, engineering, and government.