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Top Rated
451 Ratings
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Top Rated
139 Ratings

IBM Cognos Analytics

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Top Rated
451 Ratings
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Score 7.7 out of 100

IBM Planning Analytics with Watson

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Top Rated
139 Ratings
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Score 7.8 out of 100

Likelihood to Recommend

IBM Cognos Analytics

Well suited:* simple reports for simple users ("big button-users", mostly managers or CEOs)* analyze date in cubes (finding "most important customer-group", finding "outliers" / "exceptions"; seeing historical development of...)Less appropriate: * beautiful reports for the general public! Be it paper, be it in electronic form (online)
Anonymous | TrustRadius Reviewer

IBM Planning Analytics with Watson

IBM Planning Analytics is the right forecasting software, which ensures the process of budgeting is effectively done. Also, IBM Planning Analytics is perfect for preparing financial reports, transactional analysis, and data management. For computations and complex calculations, IBM Planning Analytics is a program that has made our work easier and through automation, there is accuracy in doing data processing.
Jadwel Mayna | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

IBM Cognos Analytics
7.8
IBM Planning Analytics with Watson
7.2
Pixel Perfect reports
IBM Cognos Analytics
7.1
IBM Planning Analytics with Watson
7.0
Customizable dashboards
IBM Cognos Analytics
8.3
IBM Planning Analytics with Watson
7.4
Report Formatting Templates
IBM Cognos Analytics
8.0
IBM Planning Analytics with Watson
7.2

Ad-hoc Reporting

IBM Cognos Analytics
8.1
IBM Planning Analytics with Watson
7.6
Drill-down analysis
IBM Cognos Analytics
8.4
IBM Planning Analytics with Watson
7.8
Formatting capabilities
IBM Cognos Analytics
7.6
IBM Planning Analytics with Watson
7.4
Integration with R or other statistical packages
IBM Cognos Analytics
8.0
IBM Planning Analytics with Watson
7.5
Report sharing and collaboration
IBM Cognos Analytics
8.3
IBM Planning Analytics with Watson
7.6

Report Output and Scheduling

IBM Cognos Analytics
8.2
IBM Planning Analytics with Watson
7.7
Publish to Web
IBM Cognos Analytics
8.3
IBM Planning Analytics with Watson
7.7
Publish to PDF
IBM Cognos Analytics
8.3
IBM Planning Analytics with Watson
7.7
Report Versioning
IBM Cognos Analytics
8.6
IBM Planning Analytics with Watson
7.7
Report Delivery Scheduling
IBM Cognos Analytics
7.7
IBM Planning Analytics with Watson
7.6
Delivery to Remote Servers
IBM Cognos Analytics
8.0
IBM Planning Analytics with Watson

Data Discovery and Visualization

IBM Cognos Analytics
8.2
IBM Planning Analytics with Watson
7.4
Pre-built visualization formats (heatmaps, scatter plots etc.)
IBM Cognos Analytics
8.1
IBM Planning Analytics with Watson
7.6
Location Analytics / Geographic Visualization
IBM Cognos Analytics
8.1
IBM Planning Analytics with Watson
7.3
Predictive Analytics
IBM Cognos Analytics
8.3
IBM Planning Analytics with Watson
7.3

Access Control and Security

IBM Cognos Analytics
8.8
IBM Planning Analytics with Watson
8.1
Multi-User Support (named login)
IBM Cognos Analytics
8.9
IBM Planning Analytics with Watson
8.2
Role-Based Security Model
IBM Cognos Analytics
8.8
IBM Planning Analytics with Watson
8.0
Multiple Access Permission Levels (Create, Read, Delete)
IBM Cognos Analytics
8.6
IBM Planning Analytics with Watson
8.0
Single Sign-On (SSO)
IBM Cognos Analytics
8.7
IBM Planning Analytics with Watson
8.3

Mobile Capabilities

IBM Cognos Analytics
6.4
IBM Planning Analytics with Watson
7.4
Responsive Design for Web Access
IBM Cognos Analytics
6.9
IBM Planning Analytics with Watson
7.1
Dedicated iOS Application
IBM Cognos Analytics
6.7
IBM Planning Analytics with Watson
7.6
Dedicated Android Application
IBM Cognos Analytics
5.6
IBM Planning Analytics with Watson
7.6
Dashboard / Report / Visualization Interactivity on Mobile
IBM Cognos Analytics
6.4
IBM Planning Analytics with Watson
7.5

Application Program Interfaces (APIs) / Embedding

IBM Cognos Analytics
7.3
IBM Planning Analytics with Watson
REST API
IBM Cognos Analytics
7.7
IBM Planning Analytics with Watson
Javascript API
IBM Cognos Analytics
7.5
IBM Planning Analytics with Watson
iFrames
IBM Cognos Analytics
7.8
IBM Planning Analytics with Watson
Java API
IBM Cognos Analytics
6.6
IBM Planning Analytics with Watson
Themeable User Interface (UI)
IBM Cognos Analytics
6.9
IBM Planning Analytics with Watson
Customizable Platform (Open Source)
IBM Cognos Analytics
7.1
IBM Planning Analytics with Watson

Budgeting, Planning, and Forecasting

IBM Cognos Analytics
IBM Planning Analytics with Watson
8.1
Long-term financial planning
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.2
Financial budgeting
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.3
Forecasting
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.1
Scenario modeling
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.9
Management reporting
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.8

Consolidation and Close

IBM Cognos Analytics
IBM Planning Analytics with Watson
7.6
Financial data consolidation
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.6
Journal entries and reports
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.2
Multi-currency management
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.0
Intercompany Eliminations
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.5
Minority Ownership
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.4
Local and consolidated reporting
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.7
Detailed Audit Trails
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.8

Financial Reporting and Compliance

IBM Cognos Analytics
IBM Planning Analytics with Watson
7.9
Financial Statement Reporting
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.0
Management Reporting
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.0
Excel-based Reporting
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.3
Automated board and financial reporting
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.6
XBRL support for regulatory filing
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.5

Analytics

IBM Cognos Analytics
IBM Planning Analytics with Watson
7.7
Personalized dashboards
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.8
Color-coded scorecards
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.5
KPIs
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.5
Cost and profitability analysis
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.9
Key Performance Indicator setting
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.6
Benchmarking with external data
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.7

Integration

IBM Cognos Analytics
IBM Planning Analytics with Watson
8.0
Flat file integration
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.0
Excel data integration
IBM Cognos Analytics
IBM Planning Analytics with Watson
8.2
Direct links to 3rd-party data sources
IBM Cognos Analytics
IBM Planning Analytics with Watson
7.8

Pros

IBM Cognos Analytics

  • What IBM Cognos does really well is provide precise data that may otherwise be hard to retrieve from your primary accounting software. While doing so, it organizes this data such that it becomes much more meaningful to analyze.
  • IBM Cognos also does a fantastic job through the Query Studio module to give certain users the ability to create simple reports and modify existing reports, this allows the flexibility a user needs in getting the intended data.
  • IBM Cognos also provides the ability to utilize a BI tool for complicated reporting requirements or in cases when there are many data dependencies that exist. This BI tool enables Cognos to tackle many organizational and data challenges that companies face in the industry.
Nabeel Chohan | TrustRadius Reviewer

IBM Planning Analytics with Watson

  • Cognos TM1 is great for planning, both workforce and financial, as it allows for complex hierarchies to be built and maintained via automated routines and simple scripts.
  • Cognos TM1 ability to directly connect to an external system and extract data allows you to roll your own ETL processes and keep the bottleneck (that is IT) out of your financial consolidation project.
  • Cognos TM1 has the ability to be both cloud based and fully on-premise which is of great for institutions that are cloud adverse and want an alternative Adaptive Analytics.
Anonymous | TrustRadius Reviewer

Cons

IBM Cognos Analytics

  • With the upgrade from Cognos 10 to Cognos 11, there were a lot of features, like run schedule once, weren't brought over to the newest version of Report Studio.
  • I felt like they were trying to chase Tableau and Qlik with dashboarding rather than focusing on their bread and butter of Report Studio or which other Business Intelligence tools don't do very well.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics with Watson

  • The setup is bit difficult for the beginners. You need some technical skills then you can setup.
  • You have to wait while files are processing, but once it completes then it's fine.
  • Security setup is also a bit difficult and complex for the beginners.
Umair Butt | TrustRadius Reviewer

Likelihood to Renew

IBM Cognos Analytics

IBM Cognos Analytics 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

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 8.3
Based on 4 answers
Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
Anonymous | TrustRadius Reviewer

Usability

IBM Cognos Analytics

IBM Cognos Analytics 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

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 7.8
Based on 18 answers
The tool proves to be very useful for our organization. It has given us important data about where we can and must improve. Scenario simulation gives us a great opportunity to minimize errors and know the best way to avoid them. The team has been working better and has been working in new times, meeting deadlines and tasks. This makes the work environment better and more objective.
Sandro Roberto Lima Santos | TrustRadius Reviewer

Reliability and Availability

IBM Cognos Analytics

IBM Cognos Analytics 8.6
Based on 8 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

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Performance

IBM Cognos Analytics

IBM Cognos Analytics 9.0
Based on 10 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

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Support Rating

IBM Cognos Analytics

IBM Cognos Analytics 7.0
Based on 14 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

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 7.8
Based on 62 answers
Could be better at listening and/or having more interaction to understand the problems reported. We have a bit too much back and forth getting points across to support and achieving their understanding of the problem when an actual conversation would illuminate the issue quicker and more fully.
Charles Cardin | TrustRadius Reviewer

In-Person Training

IBM Cognos Analytics

IBM Cognos Analytics 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

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Online Training

IBM Cognos Analytics

IBM Cognos Analytics 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

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Implementation Rating

IBM Cognos Analytics

IBM Cognos Analytics 7.0
Based on 14 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

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Alternatives Considered

IBM Cognos Analytics

Although Tableau has certain advantages, mostly in its best in class visualization capabilities, Cognos is catching up. Most of the other advantages of Tableau Desktop have been addressed in more recent versions of Cognos, for instance the ability to ingest personal data sources, self-service modeling, and improved dashboarding/visualization features. Tableau still lacks a centralized metadata and governance model and requires a bit more effort to implement at the enterprise level. Also, Cognos is still best in breed for standardized reporting, which is always a crucial need for organizations. More requirements can be centrally addressed by Cognos, but it is unlikely any organization will have just one BI tool.
Albert Valdez | TrustRadius Reviewer

IBM Planning Analytics with Watson

The IBM Planning Analytics has great technical and business data features, full customer information, and sales Forecast for design best strategy. Analyzes, processes, and provides valuable information and charts about sales, profits, human resources, value growth, and everything marine managers of their organizations and companies want to know. Also, this is one the most famous and oldest software in the Market.
Ali Kazempour | TrustRadius Reviewer

Scalability

IBM Cognos Analytics

IBM Cognos Analytics 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

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 9.1
Based on 1 answer
No answer on this topic is available.

Return on Investment

IBM Cognos Analytics

  • (+) 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

IBM Planning Analytics with Watson

  • Internally, using TM1 has streamlined our inter and intra-team communication.
  • Internally and externally, TM1 has improved our accuracy in predictive analytics of our project costs and completion targets.
  • Externally, we are better able to deliver the project needs of clients through transformation of their raw data into meaningful, appropriate, timely and insightful information.
Christopher Redmond | TrustRadius Reviewer

Pricing Details

IBM Cognos Analytics

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

IBM Cognos Analytics Editions & Modules

On-premise Edition
On Demand Standard$15.001
On Demand Plus$35.001
On Demand Premium$70.001
  1. Per User/Per Month
SaaS Edition
On Cloud HostedContact for quote
    Additional Pricing Details
    30-day free trial available.

    IBM Planning Analytics with Watson

    General

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

    IBM Planning Analytics with Watson Editions & Modules

    Additional Pricing Details

    Rating Summary

    Likelihood to Recommend

    IBM Cognos Analytics
    7.8
    IBM Planning Analytics with Watson
    8.8

    Likelihood to Renew

    IBM Cognos Analytics
    7.9
    IBM Planning Analytics with Watson
    8.3

    Usability

    IBM Cognos Analytics
    7.5
    IBM Planning Analytics with Watson
    7.8

    Reliability and Availability

    IBM Cognos Analytics
    8.6
    IBM Planning Analytics with Watson

    Performance

    IBM Cognos Analytics
    9.0
    IBM Planning Analytics with Watson

    Support Rating

    IBM Cognos Analytics
    7.0
    IBM Planning Analytics with Watson
    7.8

    In-Person Training

    IBM Cognos Analytics
    8.7
    IBM Planning Analytics with Watson

    Online Training

    IBM Cognos Analytics
    8.0
    IBM Planning Analytics with Watson

    Implementation Rating

    IBM Cognos Analytics
    7.0
    IBM Planning Analytics with Watson

    Scalability

    IBM Cognos Analytics
    10.0
    IBM Planning Analytics with Watson
    9.1

    Add comparison