What users are saying about
3 Ratings
372 Ratings
3 Ratings
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Score 7.6 out of 100
372 Ratings
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Score 7.5 out of 100

Likelihood to Recommend

Axiom EPM

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
Anonymous | TrustRadius Reviewer

IBM Cognos

IBM Cognos is well suited when you are implementing with compatible software like Costpoint and other Deltek products, this will lead to great integration and result in the wonderful presentation of data for your reporting requirement. However, IBM Cognos is not well suited when being implemented with non-Deltek software as this will lead to challenges in integration and will not produce ideal reporting.
Nabeel Chohan | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom EPM
8.5
IBM Cognos
Long-term financial planning
Axiom EPM
9.0
IBM Cognos
Financial budgeting
Axiom EPM
9.0
IBM Cognos
Forecasting
Axiom EPM
8.0
IBM Cognos
Scenario modeling
Axiom EPM
8.0
IBM Cognos

Consolidation and Close

Axiom EPM
9.7
IBM Cognos
Financial data consolidation
Axiom EPM
10.0
IBM Cognos
Local and consolidated reporting
Axiom EPM
9.0
IBM Cognos
Detailed Audit Trails
Axiom EPM
10.0
IBM Cognos

FInancial Reporting and Compliance

Axiom EPM
8.3
IBM Cognos
Financial Statement Reporting
Axiom EPM
8.0
IBM Cognos
Management Reporting
Axiom EPM
8.0
IBM Cognos
Excel-based Reporting
Axiom EPM
9.0
IBM Cognos
Automated board and financial reporting
Axiom EPM
8.0
IBM Cognos

Analytics

Axiom EPM
8.7
IBM Cognos
Personalized dashboards
Axiom EPM
9.0
IBM Cognos
Cost and profitability analysis
Axiom EPM
8.0
IBM Cognos
Benchmarking with external data
Axiom EPM
9.0
IBM Cognos

Integration

Axiom EPM
9.0
IBM Cognos
Flat file integration
Axiom EPM
9.0
IBM Cognos
Excel data integration
Axiom EPM
9.0
IBM Cognos
Direct links to 3rd-party data sources
Axiom EPM
9.0
IBM Cognos

BI Standard Reporting

Axiom EPM
IBM Cognos
7.8
Pixel Perfect reports
Axiom EPM
IBM Cognos
7.8
Customizable dashboards
Axiom EPM
IBM Cognos
7.6
Report Formatting Templates
Axiom EPM
IBM Cognos
8.2

Ad-hoc Reporting

Axiom EPM
IBM Cognos
8.2
Drill-down analysis
Axiom EPM
IBM Cognos
8.6
Formatting capabilities
Axiom EPM
IBM Cognos
7.2
Integration with R or other statistical packages
Axiom EPM
IBM Cognos
7.8
Report sharing and collaboration
Axiom EPM
IBM Cognos
9.0

Report Output and Scheduling

Axiom EPM
IBM Cognos
8.2
Publish to Web
Axiom EPM
IBM Cognos
8.2
Publish to PDF
Axiom EPM
IBM Cognos
8.6
Report Versioning
Axiom EPM
IBM Cognos
8.4
Report Delivery Scheduling
Axiom EPM
IBM Cognos
8.5
Delivery to Remote Servers
Axiom EPM
IBM Cognos
7.5

Data Discovery and Visualization

Axiom EPM
IBM Cognos
7.5
Pre-built visualization formats (heatmaps, scatter plots etc.)
Axiom EPM
IBM Cognos
7.1
Location Analytics / Geographic Visualization
Axiom EPM
IBM Cognos
7.2
Predictive Analytics
Axiom EPM
IBM Cognos
8.2

Access Control and Security

Axiom EPM
IBM Cognos
9.1
Multi-User Support (named login)
Axiom EPM
IBM Cognos
9.2
Role-Based Security Model
Axiom EPM
IBM Cognos
9.3
Multiple Access Permission Levels (Create, Read, Delete)
Axiom EPM
IBM Cognos
8.9
Single Sign-On (SSO)
Axiom EPM
IBM Cognos
9.1

Mobile Capabilities

Axiom EPM
IBM Cognos
7.4
Responsive Design for Web Access
Axiom EPM
IBM Cognos
8.0
Dedicated iOS Application
Axiom EPM
IBM Cognos
7.2
Dedicated Android Application
Axiom EPM
IBM Cognos
7.2
Dashboard / Report / Visualization Interactivity on Mobile
Axiom EPM
IBM Cognos
7.2

Application Program Interfaces (APIs) / Embedding

Axiom EPM
IBM Cognos
7.5
REST API
Axiom EPM
IBM Cognos
7.9
Javascript API
Axiom EPM
IBM Cognos
8.0
iFrames
Axiom EPM
IBM Cognos
7.9
Java API
Axiom EPM
IBM Cognos
6.7
Themeable User Interface (UI)
Axiom EPM
IBM Cognos
8.0
Customizable Platform (Open Source)
Axiom EPM
IBM Cognos
6.5

Pros

Axiom EPM

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Anonymous | TrustRadius Reviewer

IBM Cognos

  • List/Table Reporting. It is awesome at providing detailed table lists of rows and provides it in multiple pages of a PDF based on the size of the table being exported.
  • Bursting to the appropriate individuals what they want to see/ have privileges to see.
  • Being able to email reports, whether that is HTML, PDF, or Excel formats.
Anonymous | TrustRadius Reviewer

Cons

Axiom EPM

  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
Anonymous | TrustRadius Reviewer

IBM Cognos

  • Web-based authoring environment is slow, compared to Desktop based environment. It gets slower if the size of data gets bigger.
  • Congas is best when we create reports using coded data based on relational databases. Since a lot of clinical data are unstructured formatted, it may be required of good data wrangling function to include them into the reports.
  • Chart types and look and feel configuration flexibility are limited, especially compared to competitors such as Tableau. They are not terribly ugly, but not faulty looking with the default setting.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 7.9
Based on 23 answers
For an existing solution, renewing licenses does provide a good return on investment. Additionally, while rolling out scorecards and dashboards with little adhoc capabilities, to end users, cognos is very easily scalable. It also allows to create a solution that has a mix of OLAP and relational data-sources, which is a limitation with other tools. Synchronizing with existing security setup is easy too.
Sachin Karkun | TrustRadius Reviewer

Usability

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 7.5
Based on 6 answers
We have a strong user base (3500 users) that are highly utilizing this tool. Basic users are able to consume content within the applied security model. We have a set of advanced users that really push the limits of Cognos with Report and Query Studio. These users have created a lot of personal content and stored it in 'My Reports'. Users enjoy this flexibility.
Robert Goodman | TrustRadius Reviewer

Reliability and Availability

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 8.6
Based on 4 answers
Reports can typically be viewed through any browser that can access the server, so the availability is ultimately up to what the company utilizing it is comfortable with allowing, though report development tends to be more picky about browsers and settings as mentioned above. It also has an optional iPad app and general mobile browsing support, but dashboards lack the mobile compatibility. What keeps it from getting a higher score is the desktop tools that are vital to the development process. The compatibility with only Windows when the server has a wide range of compatibility can be a real sore point for a company that outfits its employees exclusively with Mac or Linux machines. Of course, if they are planning on outsourcing the development anyways, it's a rather moot point
Gerrit Goewey | TrustRadius Reviewer

Performance

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 9.0
Based on 5 answers
Overall no major complaints but it doesn't handle DMR (Dimensionally Modeled for Relational) very well. DMR modelling is a capability that IBM Cognos Framework Manager provides allowing you to specify dimensional information for relational metadata and allows for OLAP-style queries. However, the capability is not very efficient and, for example, if I'm using only 2 columns on a 20-column model, the software is not smart enough to exclude 18 columns and the query side gets progressively larger and larger until it's effectively unusable.
Meghdeep Raval, PMP | TrustRadius Reviewer

Support

Axiom EPM

Axiom EPM 7.0
Based on 1 answer
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
Anonymous | TrustRadius Reviewer

IBM Cognos

IBM Cognos 7.0
Based on 7 answers
Why is their web application not working as fast as you think it should? They never know, and it is always a a bunch of shots in the dark to find out. Trying to download software from them is like trying to find a book at the library before computers were invented.
Jonathan Kyrlach | TrustRadius Reviewer

In-Person Training

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 8.7
Based on 4 answers
Onsite training provided by IBM Cognos was effective and as expected. They did not perform training with our data which was a bit difficult for our end-users.
Robert Goodman | TrustRadius Reviewer

Online Training

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 8.0
Based on 4 answers
The online courses they offer are thorough and presented in such a way that someone who isn't already familiar with the general design methodologies used in this field will be capable of making a good design. The training environments are provided as a fully self contained virtual machine with everything needed already to create the environments. We've had some persisting issues with the environments becoming unavailable, but support has been responsive when these issues arise and straightening them out for us
Gerrit Goewey | TrustRadius Reviewer

Implementation

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 7.0
Based on 7 answers
Make sure that any custom tables that you have, are built into your metadata packages. You can still access them via SQL queries in Cognos, but it is much easier to have them as a part of the available metadata packages.
Toni McKee | TrustRadius Reviewer

Alternatives Considered

Axiom EPM

Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
Anonymous | TrustRadius Reviewer

IBM Cognos

IBM is a titan in BI innovation but has arduous competitors as I mentioned before. IBM has prestige in BI and the directors and managers know that. On the other hand, complexity is not the strategy of Cognos, that's why if you need big cubes of data, Tableau, and Microsoft BI are better suited for the job. Even QlikView is more complex than IBM Cognos. On the other hand, your users can benefit from the advantages that set analysis studio and event studio for notifications.
Miguel Angel Merino Vega | TrustRadius Reviewer

Scalability

Axiom EPM

No score
No answers yet
No answers on this topic

IBM Cognos

IBM Cognos 10.0
Based on 1 answer
The Cognos architecture is well suited for scalability. However, the architecture must be designed with scalability in mind from day one of the implementation. We recently upgraded from 10.1 to 10.2.1 and took the opportunity to revamp our architecture. It is now poised for future growth and scalability.
Robert Goodman | TrustRadius Reviewer

Return on Investment

Axiom EPM

  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
Anonymous | TrustRadius Reviewer

IBM Cognos

  • (+) increased efficiency: Less time trying to figure out how to do something w/ another BI tool that may seem impossible -- Cognos will be able to do it 99% of the time
  • (-) increased training required: Training for Cognos had to be longer and more intensive than other BI tools. For example, my team members go through a week long 8-hour/day class and it was just enough to scratch the surface. A good base if required, but real world experience is the only way to become a Cognos pro.
  • (-) more end-user training: We do mostly canned reports with Cognos, so out end-users must be trainied. It is much harder to train them with Cognos than other BI tools. This is why I only turn to Cognos if I cannot accomplish my goal in another tool.
Anonymous | TrustRadius Reviewer

Pricing Details

Axiom EPM

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

IBM Cognos

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Axiom EPM
7.0
IBM Cognos
7.8

Likelihood to Renew

Axiom EPM
IBM Cognos
7.9

Usability

Axiom EPM
IBM Cognos
7.5

Reliability and Availability

Axiom EPM
IBM Cognos
8.6

Performance

Axiom EPM
IBM Cognos
9.0

Support

Axiom EPM
7.0
IBM Cognos
7.0

In-Person Training

Axiom EPM
IBM Cognos
8.7

Online Training

Axiom EPM
IBM Cognos
8.0

Implementation

Axiom EPM
IBM Cognos
7.0

Scalability

Axiom EPM
IBM Cognos
10.0

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