To better understand the benefits, costs, and risks associated with implementing IBM Planning Analytics with Watson powered by TM1®, Forrester Consulting interviewed four decision-makers with experience using Planning Analytics for this 2021 commissioned study and determined the following benefits realized over a three-year period:

• 63% reduced labor time to complete annual budgeting

• 80% faster processing of planning data

• 70% reduced hours required to complete forecasting

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