Planning Analytics with Watson

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Newsletter - May Edition: Planning Analytics with Watson

By NICKOLUS PLOWDEN posted Thu May 19, 2022 01:44 PM


IBM named as a Market Leader by BARC Research. See the BARC Score 2022 Integrated Planning & Analytics report.  Download the report here.

Planning Analytics ranked #1!
Ventana Research classifies IBM Planning Analytics with Watson as an Exemplary Vendor, and a Value Index Leader in the Capability, Usability and TCO/ROI categories in their 2022 Value Index for Business Planning.  Review the assessment here.

Workspace Classic to be sunset July 2022.  The IBM Planning Analytics team intends to remove the capability to remain on the classic experience and preview the new experience during the July 2022 Planning Analytics Workspace update.  You can read about that in this blog post and also in this technote.

Planning Analytics for Excel 32-bit Direction. To align with IBM Planning Analytics’ overall strategy in transitioning away from 32-bit clients as seen with TM1 clients such as TM1 Architect and TM1 Perspectives, Planning Analytics for Excel is preparing to support Windows 11 this year exclusively for the 64-bit Planning Analytics for Excel client.  Read about this transition here.

Get notified about future security bulletins by subscribing to My Notifications. This will notify you of important product support alerts like the above.

IBM Planning Analytics Releases

IBM Planning Analytics Workspace release 76 is now available on cloud. Take a look at new features here.  Release 76 is also available on Fix Central for on premises.

IBM Planning Analytics for Microsoft Excel Release 76 for cloud customers now available for download from Planning Analytics Administration.  Release 76 is also available for on premises customers on Fix Central.

IBM Planning Analytics Spreadsheet Services Release 76 for on premises customers now available for download from Fix Central. Details here.


The Cloud/containerized version of TM1 server is coming soon with the next release of Planning Analytics for Cloud Pak for Data. Stuart King, Senior Product Manager for Planning Analytics with Watson, will present an interactive session where he will discuss the benefits of a containerized architecture and how companies can prepare to take advantage of it. Some of the key topics to be covered are:

• Benefits of containerization
• Modernize your TM1 model for the hybrid cloud world
• Improve uptime of TM1 databases with OpenShift

Register here.  June 1

Think 2022 is underway as IBM plans to visit multiple locations around the globe this year. Think Boston took place last week but you can still take advantage of the Think Event Replays and Think Academy Online 2022 labs, available until June 22. For example:
  • Embrace Excel with IBM Planning Analytics for Excel
  • Learn to love planning again with IBM Planning Analytics with Watson
  • Uncover deep, granular insights with IBM Planning Analytics workspace modeling
  • IBM Cognos Analytics: AI-infused data discovery with dashboards
From TM1 Explorers: Revenue and Gross Profit analysis is at the heart of what many companies use TM1 for. Join TM1 Explorers for this workshop series that creates an end to end ‘real world’ model to support such analysis. Starts May 24 (US) and May 25 (Aus & Eur)

From Revelwood: Creating IBM Planning Analytics Workspace charts using the New Experience. Join this webinar to learn how to create dynamic charts using your existing IBM Planning Analytics models using various new configuration settings to further enhance the user experience. Jun 8

Webinar: HR must have a seat at the strategic planning table.  Join IBM's Mike McGeein, 451 Research and QueBIT for this webinar that discusses how HR practitioners must be brought into the planning process. Jun 8

Webinar: Ask Me Anything Planning Analytics with Watson,  June 2022 Edition.  Jun 9

Tech Corner

Help shape the future of Planning Analytics by submitting ideas that matter to you the most. Post ideas and enhancement requests. You can also take a look at ideas others have posted and upvote them if they matter to you. Submit your ideas here.

From QueBIT: Using LaTeX formatting in Planning Analytics. This article discusses publishing documents using IBM Planning Analytics data using the typesetting system known as LaTeX.

Outlier Correction with Planning Analytics Workspace. Is the accuracy of your forecast being skewed by a few outliers in your historical data?  New in PA Workspace release 75 is the ability to automatically detect outlier values and then optionally remove those outliers from forecast calculations. Read the blog post here.
Tech Corner

IBM Planning Analytics with Watson and Intito. Hear how Initito's customers benefit from an increase in forecast accuracy by leveraging the embedded AI algorithmic forecasting capability in IBM Planning Analytics with Watson.  See the Youtube video here.

From Cubewise: Merged cells, repeat labels and label top cell... what are these Grouping Options in IBM Planning Analytics for Excel? Control how repeated elements on the row set appear in an exploration or list. Because an element appears in each row for ‘Repeated labels’, this option works best if you want to do a lookup like an xlookup.  See the video here.

From Revelwood: Adding a new entry to index cube via dynamic report.  Read the article here.

Case Study

From Octane: See how the retailer King Living used TM1 to consolidate 15 different P+Ls.

Recommended Resources

From Deloitte: Deloitte presents the latest insights following their global planning, budgeting and forecasting survey.  See how organizations are increasingly investing in cloud-based tools, including IBM Planning Analytics.

Join IBM's Dan Rebella and guest Forrester Consulting as they discuss the the outcome of the recently commissioned Total Economic Impact™(TEI) study on Planning Analytics with Watson' impact on organizations.   Watch the replay here.

Share your experience! Participate in BARC’s annual BI & Analytics Survey - The voice of the BI and analytics community. The survey is here.

Complete a Trust Radius review of Planning Analytics with Watson and get a $25.00 Amazon gift card once your review is accepted.


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