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Many small to large organizations rely on error-prone spreadsheets and manual processes for their business planning needs. Businesses need to evolve their planning and analysis strategies to include extended planning analytics (xP&A) solutions, which allows them to pivot in real-time, create a single source of truth and streamline planning across the organization.
IBM Planning Analytics with Watson (PDF, 850 KB) is an AI-infused continuous integrated planning solution that allows you to transcend the limits of manual planning. This solution breaks down business unit siloes so you can quickly create more accurate plans and forecasts for FP&A, sales, supply chain and beyond—all on one platform. Iterate quickly, accelerate decision making and drive higher performance, all at the speed of modern business.
And with new predictive forecasting capabilities, Planning Analytics with Watson puts the power of algorithmic forecasting in the hands of users — even those without data science skills — for more accurate, consistent, and timely forecasts. This AI-powered planning solution allows businesses to augment human intelligence so that their employees can spend less time manually aggregating data, and more time on analysis and higher-value work.
Gartner, Innovation Insight for Extended Planning and Analysis (xP&A), Robert Anderson, John Van Decker, Tim Payne, Melissa Hilbert, David Pidsley, 28 October 2020
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BARC names IBM a Market Leader
In the 2020 BARC Score report, the Business Application Research Center named IBM a Market Leader in Integrated Planning and Analytics Portfolios for planning, reporting and analysis. BARC noted that the scalability, flexibility, and integration capabilities set IBM apart from competitors.