Anaplan vs Domo comparison

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Anaplan Logo
5,929 views|2,617 comparisons
95% willing to recommend
Domo Logo
Read 35 Domo reviews
351 views|234 comparisons
86% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Anaplan and Domo based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Anaplan vs. Domo Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected.""It's highly flexible. If you've got a complex environment with complex calculations, you can build that out. So that's a really good positive.""Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.""I am impressed with the tool’s real-time calculations and intuitive interface. The tool’s user interface is the best compared to other software that I have worked with. I also find the tool’s management reporting feature valuable.""The features that I have found most valuable are that it is web-based and easy to use.""This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.""The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online.""Where we're seeing the opportunity in the market is at the Fortune 100 companies that have far more complex modeling type scenarios where you need to be able to have a lot of people collaborating together, and you need a lot of information all at everyone's fingertips. This is where you see the big advantage of a solution like Anaplan."

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"This solution allows us to change our performance metrics and tracks our goals in real-time.""The data certification feature, where the admin user can put a certified stamp on a data source so that other users can know that that is the correct and accurate data flow or data source to use, is a good feature.""The best thing is that the data storage is pretty much free. I can store as much data as I want, from different sources.""In general, Domo is very powerful and very easy to use, relatively speaking.""The dashboarding itself was pretty easy. So both the front and the back end were positive in this case.""We find the ease of using the solution valuable.""The dashboard is the most valuable feature and allows for customization to create and share reports.""Using the "cards" which function as preconfigured reports or views. I use many of them simultaneously on an organized page, with filters that allow me to see high-level information as well as subsets across the dataset, in a few clicks. Many Excel-challenged users love to use this product for its simplicity."

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Cons
"Automation needs to be built into this solution.""The cloud engine slows down when working with a large dataset. It still lacks a powerful engine.""The dashboard could be better. Because within a dashboard or report, you have to do a lot of scrolling. You need to scroll down because the table doesn't fit in a single view. That's why even the users aren't happy with that kind of user experience. They need to scroll to see all the data, and it could be better if it fits in just one page. That way, you can see everything. In the next release, I want automation that's connected to Anaplan. For example, to load master data from SAP to Anaplan. I don't know if this already exists, but a log where you can see the progress and see if there's an error will also help. It would be better to give you the error message, for example, if there is an error within the automated process importing to Anaplan.""The solution could improve by better dashboards and while entering the form loss and project implementation the ability to use graphical shapes more effectively.""It would be nice if the solution offered better extensions.""When there is a lot of data, it sometimes takes long to load.""Anaplan's workflow component is probably the biggest area for improvement. I'd also like to see Anaplan add an ad hoc reporting tool that allows users to query things. It's going to factor into how you design your data set and your models, but I'd like the ability to create ad hoc queries against the data that's in there.""There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost."

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"I would like to be able to drill down more when there is a particular area where there is a problem. I don't clearly see that in Domo at the moment.""I would like to publish a dashboard for the employees so that they can also see the performance of our organization. But that is not a feature in Domo, although it's something that Zoho provided.""I would like to see more flexibility in their pricing structure. The trend is moving from database pricing to a user-license pricing model. That would be a benefit if they wanted to reevaluate their pricing structure.""It's quite slow. We are using about 2,000,000 rows of data. Creating certain reports takes almost a couple of minutes, which should not be the case.""The preconfigured apps need to be more relevant to allow one, out of the box, to load data in order to use pre-set reports/views.""It's too early for me to say that something needs improvement, but there are times when there have been some flexibility issues with Domo... Tableau has a window function which can be integrated into a calculated field. That is missing in Domo so you have to make changes to the data set using ETL or SQL.""I would also like to see improvements to their drag and drop Magic ETL tool. You can drag and drop your ETL tool, but it doesn't really work for a large amount of data. It struggles with that. In a real-world application, where you're working with 30 million rows or 100 million rows, it takes a bit longer to process the data. If you do it in the Redshift ETL tool, using your own code, it's much faster.""I would like to see better data intake."

More Domo Cons →

Pricing and Cost Advice
  • "We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."
  • "The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."
  • "This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."
  • "The license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
  • "This is an expensive product and if the price were reduced then it would attract more customers."
  • "The cost of Anaplan is a challenge for clients, especially if they don't have an ongoing long-term use case for it. It's a $50,000 licensing fee just to get started. Clients need a strong business case to switch from Excel to Anaplan. But if clients have used something similar in the past, such as Hyperion or other solutions, that's not a factor because they know what to expect."
  • "Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
  • "A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
  • More Anaplan Pricing and Cost Advice →

  • "I believe that the investment in Domo was worthwhile because it allowed for the organization to jump in quickly, with little training. There are different plans available based on the requirements."
  • "They've built an "app economy." Some of them are really expensive, so they're not for startups and smaller companies. They're more like enterprise tools. We couldn't afford some of them, because they were so crazy expensive. But if I was working for a bank, insurance company, or some bigger corporation then, for sure, you could justify those prices... It was silly expensive back then and it probably still is, or even more expensive."
  • "We are making money from Domo, and all our clients are happy with the information that they receive from it."
  • "It is on the pricier end."
  • "Domo is slightly costly but it's much cheaper than some."
  • "I'm not sure about pricing, but I believe Domo is quite costly. Prior to joining this organization, I had a Domo license with my former employer and I think that license was around $500 to $600 annually. That was for a single license. I think it varies, depending on the organization that is acquiring Domo."
  • "For about 100 users our cost is $95,800."
  • "Because it's software as a service, it's more expensive on the face of it. But there are a lot of variables. I don't have to pay for servers or for infrastructure. I don't have to pay labor for my IT organization to set up or maintain the environment. I don't have to pay for them to upgrade the software, and test it, etc., because when it rolls out, it is transparent and seamless for us. But, because of that, it costs more, I imagine, than Sisense, or Yellowfin, or Power BI. A lot of those make it sound like they're inexpensive, but when you add in all the hidden costs and all of the overhead, it's probably comparable."
  • More Domo Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations of… more »
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time… more »
    Top Answer:All our client SLAs and daily and weekly dashboards are tracked on Domo.
    Top Answer:Domo can be crazy expensive.  They have a lot of capabilities but depending on the pricing model you have, either they nickel-and-dime you for add-ons or charge you for each job execution under the… more »
    Top Answer:If Domo had a Copilot feature, you could interact with the graphs and talk to the graphs and tables.
    Ranking
    Views
    5,929
    Comparisons
    2,617
    Reviews
    6
    Average Words per Review
    357
    Rating
    7.8
    Views
    351
    Comparisons
    234
    Reviews
    9
    Average Words per Review
    694
    Rating
    7.9
    Comparisons
    SAP ERP logo
    Compared 34% of the time.
    SAP S/4HANA logo
    Compared 8% of the time.
    Oracle Hyperion logo
    Compared 7% of the time.
    SAP Analytics Cloud logo
    Compared 7% of the time.
    IBM Planning Analytics logo
    Compared 7% of the time.
    Tableau logo
    Compared 49% of the time.
    Microsoft Power BI logo
    Compared 32% of the time.
    Databricks logo
    Compared 5% of the time.
    Looker logo
    Compared 3% of the time.
    Amazon QuickSight logo
    Compared 2% of the time.
    Also Known As
    corda
    Learn More
    Overview

    Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.

    With Anaplan You Can:

    • Accelerate revenue growth
    • Convert data into market opportunity
    • Drive higher sales performance
    • Gain market share
    • Improve customer satisfaction
    • See edge-to-edge across your company
    • Achieve business and technology goals
    • Become agile and resilient with continuous models and forecasts

    The Anaplan Platform Is:

    • Flexible
    • Scalable
    • Collaborative
    • Secure
    • Multi-dimensional
    • Built to help businesses think ahead and rapidly adapt to change

    Anaplan Benefits:

    • Illuminate blind spots and hidden opportunities.
    • Easily create a shareable, living representation of how your business actually works.
    • Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
    • Information is always readily available and can be easily shared with all teams across your enterprise.
    • Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
    • By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
    • Anaplan can be used remotely from wherever you are.
    • Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
    • Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
    • Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

    Anaplan Features:

    • Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
    • Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
    • Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
    • Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
    • Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
    • Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

    Reviews from Real Users:

    "Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.” - Sandeep A., Lead Analyst at a retailer

    "This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company

    "Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company

    Domo is a cloud-based, mobile-first BI platform that helps companies drive more value from their data by helping organizations better integrate, interpret and use data to drive timely decision making and action across the business. The Domo platform enhances existing data warehouse and BI tools and allows users to build custom apps, automate data pipelines, and make data science accessible for anyone through automated insights that can be shared with internal or external stakeholders.

    Find more information on The Business Cloud Here.

    Sample Customers
    HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
    Capco, SABMiller, Stance, eBay, Sage North America, Goodwill Industries of Central Indiana, Telus, The Cliffs, OGIO International Inc., and many more!
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization25%
    Computer Software Company11%
    Financial Services Firm8%
    Manufacturing Company8%
    REVIEWERS
    Retailer12%
    Computer Software Company12%
    Financial Services Firm12%
    Energy/Utilities Company8%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company10%
    University7%
    Financial Services Firm7%
    Company Size
    REVIEWERS
    Small Business43%
    Midsize Enterprise14%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise31%
    Large Enterprise51%
    REVIEWERS
    Small Business36%
    Midsize Enterprise25%
    Large Enterprise39%
    VISITORS READING REVIEWS
    Small Business28%
    Midsize Enterprise15%
    Large Enterprise57%
    Buyer's Guide
    Anaplan vs. Domo
    May 2024
    Find out what your peers are saying about Anaplan vs. Domo and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    Anaplan is ranked 1st in Business Performance Management with 24 reviews while Domo is ranked 9th in Business Performance Management with 35 reviews. Anaplan is rated 8.0, while Domo is rated 7.8. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, the top reviewer of Domo writes "Robust, powerful, and easy to use". Anaplan is most compared with SAP ERP, SAP S/4HANA, Oracle Hyperion, SAP Analytics Cloud and IBM Planning Analytics, whereas Domo is most compared with Tableau, Microsoft Power BI, Databricks, Looker and Amazon QuickSight. See our Anaplan vs. Domo report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.