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Top Rated
506 Ratings
228 Ratings

IBM Cognos Analytics with Watson

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Top Rated
506 Ratings
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Score 8.3 out of 100
228 Ratings
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Score 7.2 out of 100

Feature Set Ratings

  • IBM Cognos Analytics with Watson ranks higher in 4 feature sets: Ad-hoc Reporting, Report Output and Scheduling, Data Discovery and Visualization, Mobile Capabilities
  • Oracle Hyperion Enterprise Performance Management ranks higher in 2 feature sets: BI Standard Reporting, Access Control and Security

BI Standard Reporting

8.3

IBM Cognos Analytics with Watson

83%
8.7

Oracle Hyperion

87%
IBM Cognos Analytics with Watson ranks higher in 2/3 features

Pixel Perfect reports

8.2
82%
63 Ratings
10.0
100%
5 Ratings

Customizable dashboards

8.4
84%
68 Ratings
8.0
80%
6 Ratings

Report Formatting Templates

8.3
83%
67 Ratings
8.0
80%
6 Ratings

Ad-hoc Reporting

8.7

IBM Cognos Analytics with Watson

87%
8.5

Oracle Hyperion

85%
IBM Cognos Analytics with Watson ranks higher in 2/4 features

Drill-down analysis

8.8
88%
70 Ratings
8.0
80%
10 Ratings

Formatting capabilities

8.7
87%
71 Ratings
10.0
100%
9 Ratings

Integration with R or other statistical packages

8.3
83%
44 Ratings
7.1
71%
3 Ratings

Report sharing and collaboration

8.8
88%
69 Ratings
9.0
90%
6 Ratings

Report Output and Scheduling

8.7

IBM Cognos Analytics with Watson

87%
7.5

Oracle Hyperion

75%
IBM Cognos Analytics with Watson ranks higher in 3/5 features

Publish to Web

8.3
83%
26 Ratings
10.0
100%
6 Ratings

Publish to PDF

9.2
92%
67 Ratings
10.0
100%
6 Ratings

Report Versioning

8.6
86%
25 Ratings
2.0
20%
6 Ratings

Report Delivery Scheduling

9.2
92%
70 Ratings
8.0
80%
5 Ratings

Delivery to Remote Servers

8.1
81%
12 Ratings
N/A
0 Ratings

Data Discovery and Visualization

7.8

IBM Cognos Analytics with Watson

78%
7.7

Oracle Hyperion

77%
IBM Cognos Analytics with Watson ranks higher in 2/3 features

Pre-built visualization formats (heatmaps, scatter plots etc.)

7.9
79%
58 Ratings
6.9
69%
3 Ratings

Location Analytics / Geographic Visualization

8.0
80%
56 Ratings
7.2
72%
3 Ratings

Predictive Analytics

7.4
74%
54 Ratings
9.0
90%
4 Ratings

Access Control and Security

8.9

IBM Cognos Analytics with Watson

89%
10.0

Oracle Hyperion

100%
Oracle Hyperion Enterprise Performance Management ranks higher in 4/4 features

Multi-User Support (named login)

9.0
90%
65 Ratings
10.0
100%
9 Ratings

Role-Based Security Model

8.8
88%
64 Ratings
10.0
100%
7 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

9.1
91%
64 Ratings
10.0
100%
8 Ratings

Single Sign-On (SSO)

8.8
88%
47 Ratings
10.0
100%
7 Ratings

Mobile Capabilities

7.2

IBM Cognos Analytics with Watson

72%
6.0

Oracle Hyperion

60%
IBM Cognos Analytics with Watson ranks higher in 2/3 features

Responsive Design for Web Access

7.8
78%
50 Ratings
8.0
80%
5 Ratings

Mobile Application

7.6
76%
79 Ratings
5.0
50%
3 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

7.5
75%
48 Ratings
6.0
60%
3 Ratings

Application Program Interfaces (APIs) / Embedding

7.8

IBM Cognos Analytics with Watson

78%

Oracle Hyperion

Feature Set Not Supported
N/A
IBM Cognos Analytics with Watson ranks higher in 6/6 features

REST API

8.4
84%
35 Ratings
N/A
0 Ratings

Javascript API

8.5
85%
33 Ratings
N/A
0 Ratings

iFrames

8.3
83%
9 Ratings
N/A
0 Ratings

Java API

6.9
69%
11 Ratings
N/A
0 Ratings

Themeable User Interface (UI)

7.1
71%
10 Ratings
N/A
0 Ratings

Customizable Platform (Open Source)

7.8
78%
7 Ratings
N/A
0 Ratings

Budgeting, Planning, and Forecasting

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
9.9

Oracle Hyperion

99%
Oracle Hyperion Enterprise Performance Management ranks higher in 5/5 features

Long-term financial planning

N/A
0 Ratings
10.0
100%
19 Ratings

Financial budgeting

N/A
0 Ratings
10.0
100%
22 Ratings

Forecasting

N/A
0 Ratings
10.0
100%
23 Ratings

Scenario modeling

N/A
0 Ratings
9.7
97%
18 Ratings

Management reporting

N/A
0 Ratings
9.7
97%
23 Ratings

Consolidation and Close

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
9.8

Oracle Hyperion

98%
Oracle Hyperion Enterprise Performance Management ranks higher in 7/7 features

Financial data consolidation

N/A
0 Ratings
10.0
100%
20 Ratings

Journal entries and reports

N/A
0 Ratings
10.0
100%
19 Ratings

Multi-currency management

N/A
0 Ratings
10.0
100%
13 Ratings

Intercompany Eliminations

N/A
0 Ratings
10.0
100%
18 Ratings

Minority Ownership

N/A
0 Ratings
10.0
100%
13 Ratings

Local and consolidated reporting

N/A
0 Ratings
9.3
93%
19 Ratings

Detailed Audit Trails

N/A
0 Ratings
9.3
93%
19 Ratings

Financial Reporting and Compliance

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
8.7

Oracle Hyperion

87%
Oracle Hyperion Enterprise Performance Management ranks higher in 5/5 features

Financial Statement Reporting

N/A
0 Ratings
10.0
100%
21 Ratings

Management Reporting

N/A
0 Ratings
10.0
100%
20 Ratings

Excel-based Reporting

N/A
0 Ratings
10.0
100%
20 Ratings

Automated board and financial reporting

N/A
0 Ratings
7.6
76%
16 Ratings

XBRL support for regulatory filing

N/A
0 Ratings
6.1
61%
11 Ratings

Analytics and Reporting

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
8.2

Oracle Hyperion

82%
Oracle Hyperion Enterprise Performance Management ranks higher in 6/6 features

Personalized dashboards

N/A
0 Ratings
8.3
83%
19 Ratings

Color-coded scorecards

N/A
0 Ratings
7.6
76%
16 Ratings

KPIs

N/A
0 Ratings
9.4
94%
17 Ratings

Cost and profitability analysis

N/A
0 Ratings
9.4
94%
17 Ratings

Key Performance Indicator setting

N/A
0 Ratings
8.3
83%
15 Ratings

Benchmarking with external data

N/A
0 Ratings
6.3
63%
14 Ratings

Integration

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
10.0

Oracle Hyperion

100%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/3 features

Flat file integration

N/A
0 Ratings
10.0
100%
20 Ratings

Excel data integration

N/A
0 Ratings
10.0
100%
22 Ratings

Direct links to 3rd-party data sources

N/A
0 Ratings
10.0
100%
14 Ratings

Attribute Ratings

  • IBM Cognos Analytics with Watson is rated higher in 2 areas: Likelihood to Renew, Support Rating
  • Oracle Hyperion Enterprise Performance Management is rated higher in 1 area: Likelihood to Recommend

Likelihood to Recommend

8.1

IBM Cognos Analytics with Watson

81%
94 Ratings
9.7

Oracle Hyperion

97%
25 Ratings

Likelihood to Renew

10.0

IBM Cognos Analytics with Watson

100%
24 Ratings
5.0

Oracle Hyperion

50%
1 Rating

Usability

8.0

IBM Cognos Analytics with Watson

80%
7 Ratings

Oracle Hyperion

N/A
0 Ratings

Availability

8.6

IBM Cognos Analytics with Watson

86%
8 Ratings

Oracle Hyperion

N/A
0 Ratings

Performance

9.0

IBM Cognos Analytics with Watson

90%
10 Ratings

Oracle Hyperion

N/A
0 Ratings

Support Rating

10.0

IBM Cognos Analytics with Watson

100%
15 Ratings
8.0

Oracle Hyperion

80%
2 Ratings

In-Person Training

8.7

IBM Cognos Analytics with Watson

87%
4 Ratings

Oracle Hyperion

N/A
0 Ratings

Online Training

8.0

IBM Cognos Analytics with Watson

80%
4 Ratings

Oracle Hyperion

N/A
0 Ratings

Implementation Rating

7.0

IBM Cognos Analytics with Watson

70%
14 Ratings

Oracle Hyperion

N/A
0 Ratings

Configurability

8.0

IBM Cognos Analytics with Watson

80%
2 Ratings

Oracle Hyperion

N/A
0 Ratings

Ease of integration

8.0

IBM Cognos Analytics with Watson

80%
2 Ratings

Oracle Hyperion

N/A
0 Ratings

Product Scalability

10.0

IBM Cognos Analytics with Watson

100%
2 Ratings

Oracle Hyperion

N/A
0 Ratings

Vendor post-sale

7.0

IBM Cognos Analytics with Watson

70%
1 Rating

Oracle Hyperion

N/A
0 Ratings

Vendor pre-sale

7.0

IBM Cognos Analytics with Watson

70%
1 Rating

Oracle Hyperion

N/A
0 Ratings

Likelihood to Recommend

IBM

Right now, we are exporting the reports in formats that are easy to read for all users; Slack is one of the integrations that help improve the reach of this tool; we also send the reports through emails automatically. We are always connected to all data sources with IBM Cognos Analytics since implementation in our hybrid cloud. Honestly, I want to mention that this software is not the simplest on the market, but its technical support makes up for these shortcomings.
Read full review

Oracle

Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement. Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
Read full review

Pros

IBM

  • Pixel perfect reports. If a client can provide a pixel-perfect mockup, I can make the report indistinguishable from the mockup.
  • Data security. It doesn't matter who the user is; when they log in and run a report, they will only see the data they are permitted to see.
  • Performant reports on large data. Many tools have issues running on tables containing only a few million rows. Cognos can consistently run reports on multi-billion row tables without issue.
  • Embedding reports in third-party tools. With Cognos Mashup Services, it is possible to build a report in IBM Cognos Analytics with Watson and call it programmatically. Need straight HTML? No problem. JSON? Atom? All good.
Read full review

Oracle

  • This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
  • It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
  • It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
  • Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
  • It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
Read full review

Cons

IBM

  • OLAP-cubes MUST IMMEDIATELY be upgraded to 64-bit-technology (if not, we are lost as Cognos/IBM-customer).
  • Easier integration of complex authorisation systems (concepts) into cubes (vertical as well as horizontal authorisation).
  • Much more statistics-functionality in cubes! (IBM bought SPSS 10 years ago!! where is the benefit of Cognos-users!!)!!!
Read full review

Oracle

  • One pain point for us is the consolidation and translation process. Needing to translate the data over and over again is frustrating and there is no visibility into how many users are running a translation. If multiple users attempt to translate the same data set, say goodbye to your performance but you have no way of knowing! (Unless you want to pull up a task audit which is not a very realistic expectation). It has the been the quickest way for us to bring the system to it's knees. The consolidation process performs in direct correlation to the complexity of the calculation/consolidation rules. So, while the product is extremely flexible, you still have to be careful how you design your rules and calculations to make sure that you do it on the smallest subset of data as possible to avoid large processing times. This makes sense, but requires some significant expertise that most organizations do not have in-house.
  • The Hyperion Financial Reporting product is ridiculously outdated and clunky to use. The interface for designing reports is not intuitive, and not easy to modify once a report is built. I think there must be a strategic decision to move away from it and go to something more like Oracle BI because I just can't understand why in the world they don't update the reporting product. It also requires a significant level of expertise to be able to use. Not a great solution at all if you want multiple end-users to create reports in something other than Excel. Nobody except the HFM admin (which I used to be) in our company even touches this module.
  • Another pain point is the amount of IT support that is required to run this thing, and again, specialized knowledge of Hyperion products and how they work is required for IT to adequately support it. This goes for application servers and the Oracle database that the applications are running on.
Read full review

Pricing Details

IBM Cognos Analytics with Watson

Starting Price

$10 per month per user

Editions & Modules

IBM Cognos Analytics with Watson editions and modules pricing
EditionModules
On Demand - Standard$10.001
On Demand - Premium$40.002

Footnotes

  1. per month per user
  2. per month per user

Offerings

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services

Entry-level set up fee?

Optional

Additional Details

30-day free trial available.

Pricing Info

Oracle Hyperion

Starting Price

Editions & Modules

Oracle Hyperion editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Likelihood to Renew

    IBM

    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.
    Read full review

    Oracle

    We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
    Read full review

    Usability

    IBM

    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.
    Read full review

    Oracle

    No answers on this topic

    Reliability and Availability

    IBM

    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
    Read full review

    Oracle

    No answers on this topic

    Performance

    IBM

    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.
    Read full review

    Oracle

    No answers on this topic

    Support Rating

    IBM

    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.
    Read full review

    Oracle

    The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
    Read full review

    In-Person Training

    IBM

    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.
    Read full review

    Oracle

    No answers on this topic

    Online Training

    IBM

    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
    Read full review

    Oracle

    No answers on this topic

    Implementation Rating

    IBM

    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.
    Read full review

    Oracle

    No answers on this topic

    Alternatives Considered

    IBM

    The AI and the automation in IBM Cognos Analytics are pretty simple to use and almost provide accurate data. The report part compared to the Medidata Rave is always efficient and error-proof I got the reports nearly 90 percent. The analysis is pretty good I actually got the outcome that I wanted to produce.
    Read full review

    Oracle

    I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work permits.
    Read full review

    Scalability

    IBM

    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.
    Read full review

    Oracle

    No answers on this topic

    Return on Investment

    IBM

    • IBM Cognos Analytics with Watson provides capabilities such as data analysis and reporting that work seamlessly for individuals, departments, and workgroups in all organizations and businesses.
    • Customizable and secure data exploration through NLP.
    • I can easily connect data analysis with ad-hoc reports.
    Read full review

    Oracle

    • Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
    • Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
    • One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
    Read full review

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