IBM Planning Analytics
8.7#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…
Finance and operations teams sharing governed plans; Organizations needing consolidation, SAP links or deployment choice; Teams that work in Excel and need real-time planning
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.