Axiom Software by Syntellis Performance Solutions vs. IBM Cognos Analytics

Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.

Incentivized

With the help of IBM Cognos, the sales division can analyze sales performance, sales trends in top-performing areas, etc. It also helps in financial planning, like forecasting, budgeting, reporting, and variance analysis. It also helps increase supply chain performance by analyzing it. It should be easy to use for small-scale data analysis. MS Excel is very useful for small-scale data analysis.

Incentivized

• 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.

Incentivized

• Data Visualization: Plenty of options exist for multiple use cases, and dashboards are easy to implement and customize.
• Integration with IBM Watson: makes it easy to use Watson AI features (NLP etc.) on your data.
• Its advanced analytics functionalities with powerful pattern detection/prediction models.

Incentivized

• Implementation is quite Complex and requires both IT and Financial buy-in
• Reporting solution has some learning curve for end users
• Calculation methods within reporting can be opaque and hard to trace

Incentivized

• API integration is not upto the mark with very limited options.
• Laptops get overheated when the tool is used from moderate to heavy use. Also, there is a lag in the tool times.
• Licensing & Maintenance can go from cheap to expensive depending on the scope.
• Lot of scope to improve the customer support & its not upto the industry standards.

Incentivized

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.

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.

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

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.

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

Incentivized

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.

Incentivized

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.

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

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.

Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.

Incentivized

Cognos Analytics provides wide range for reporting, data visualization, and self service analytics. Cognos has strong security and governance features. Sigma Computing is purely cloud native approach and has spreadsheet like interface and doesn't provide many customization options for reporting and dashboards. Cognos can smoothly integrate with IBM products and other third party data sources whereas Sigma Computing provides integration with cloud data warehouses and data lakes

Incentivized

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.

• Forecasting has improved
• Complexity of analysis has improved as well
• Our main data has been confused as we started using Axiom

• Easier access to data and enhanced visualization models that allow the users to look at data in new and creative ways
• More efficiency in creating Management reports that Management can use to make decisions
• Enhanced collaboration: Rather than having 3-4 analysts work on individual reports they can come together and collaborate on one final product

Incentivized