IBM Planning Analytics, powered by IBM TM1, is a comprehensive planning and analytics solution designed to integrate and streamline an organization’s planning workflows and processes, thereby allowing for more efficient and productive planning cycles. IBM commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential ROI enterprises may realize by deploying IBM Planning Analytics. The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of IBM Planning Analytics on their organizations.
To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed several customers with years of experience using IBM Planning Analytics. Prior to leveraging IBM Planning Analytics, these organizations executed their various planning workflows using manual, spreadsheet-based tools and processes that were siloed, error-prone, and slow to compute. Initially, these tools and processes sufficed; however, as organizations continued to scale and expand their operations, managing across various planning cycles became an increasingly time-consuming and expensive endeavor.