IBM earns 13 top ranks in BARC’s The Planning Survey 20
BARC survey is the largest of its kind
Once again, IBM received top ranks in its five peer groups in the Business Application Research Center’s The Planning Survey 20. IBM beat out competitors in performance satisfaction, planning functionality and competitiveness in the “Enterprise Software Vendors” peer group and was named a leader in both flexibility and ease of use. This year’s praise adds to a long history of consistently high marks in the BARC survey.
BARC is a leading European consulting firm specializing in business software. The Planning Survey 20 is based on findings from the world’s largest and most comprehensive survey of planning software users, conducted from November 2019 to February 2020. The survey is designed to help planning software buyers make informed purchase and vendor selection choices.
IBM is a leader in performance satisfaction, among other KPIs
Highlights for IBM in the BARC study can be found at The Planning Survey 20: IBM Planning Analytics Highlights. The graphic shown below summarizes many of the strong current performance scores for IBM’s planning software, IBM Planning Analytics.
Eighty-six percent recommend IBM
Customers say it best. BARC reports that 86% of IBM Planning Analytics users say they would definitely or probably recommend their planning product to other organizations. One customer, a line of business leader in finance commented: “Great tool, extremely flexible and fast to develop scalable applications.”
Overall, 88 percent of respondents said they are either “somewhat satisfied” or “very satisfied” with Planning Analytics. A customer at a public sector organization with over 2,500 employees offered these insights about why IBM Planning Analytics is superior to spreadsheet planning:
“. . . It has the flexibility to build complex workflow that goes beyond the standard workflow features we have seen in other tools. It also covers statutory reporting, including non-trial balance data. It carries out mapping from the different charts of accounts used by our 40 partner organisations. It allows us to meet strict deadlines for revision of forecasts, consolidation and reporting …. It allows us to do things that would be impractical with spreadsheets.”
Praise for unprecedented scalability
BARC’s The Planning Survey 20 is a detailed quantitative report that puts software vendors under a microscope. BARC employs a deep list of criteria that reflects the key features users consider when choosing planning software, including performance satisfaction, data handling, number of users and requirements, to name just a few. IBM Planning Analytics performs well for many of these key criteria.
For instance, for large capacity data handling, nearly 40% of surveyed users chose Planning Analytics – 54 percent more than for the average planning tool. And on average, 475 employees per organization use Planning Analytics – 55 percent more employee users than for the average planning tool.
Integration with Microsoft Excel
An important feature of Planning Analytics is its tight integration with Microsoft Excel. Users comfortable working in spreadsheets can easily adopt a more modern, robust planning solution without a steep learning curve. Significantly more survey respondents reported high satisfaction with Planning Analytics as compared to Excel (42 vs 15 percent). Respondents also said they regularly gained more business benefits with Planning Analytics than with Excel (index of 6.2 vs 3.2). These benefits included:
- Increased transparency of planning
- Improved integration of different sub-budgets
- Improved integration of planning with reporting/analysis.
About IBM Planning Analytics
Planning Analytics is an AI-infused integrated planning solution that automates planning, forecasting and budgeting. This solution accelerates planning cycles and leverages scenario planning to help users analyze the impact of decisions before making them. It is designed to deliver insights quickly so that users can adjust plans in real time. The helps clients realize time and cost savings by automating labor-intensive spreadsheet-based work. Customers can choose between on-premises, on cloud or on IBM Cloud Pak for Data, and access the same data from anywhere at any time.
Find out more
This blog covers just a few findings from BARC’s The Planning Survey 20. Get the full IBM highlights report for more details about the survey methodology and why customers are so satisfied with IBM planning software. Learn how IBM Planning Analytics can advance your business here.
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