What users are saying about
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Top Rated
451 Ratings
208 Ratings

IBM Cognos Analytics

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Top Rated
451 Ratings
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Score 7.7 out of 100
208 Ratings
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Score 8.1 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

Oracle Hyperion

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.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

IBM Cognos Analytics
7.8
Oracle Hyperion
7.1
Pixel Perfect reports
IBM Cognos Analytics
7.1
Oracle Hyperion
7.0
Customizable dashboards
IBM Cognos Analytics
8.3
Oracle Hyperion
6.6
Report Formatting Templates
IBM Cognos Analytics
8.0
Oracle Hyperion
7.7

Ad-hoc Reporting

IBM Cognos Analytics
8.1
Oracle Hyperion
7.3
Drill-down analysis
IBM Cognos Analytics
8.4
Oracle Hyperion
8.3
Formatting capabilities
IBM Cognos Analytics
7.6
Oracle Hyperion
7.6
Integration with R or other statistical packages
IBM Cognos Analytics
8.0
Oracle Hyperion
7.1
Report sharing and collaboration
IBM Cognos Analytics
8.3
Oracle Hyperion
6.5

Report Output and Scheduling

IBM Cognos Analytics
8.2
Oracle Hyperion
6.4
Publish to Web
IBM Cognos Analytics
8.3
Oracle Hyperion
5.7
Publish to PDF
IBM Cognos Analytics
8.3
Oracle Hyperion
5.8
Report Versioning
IBM Cognos Analytics
8.6
Oracle Hyperion
7.0
Report Delivery Scheduling
IBM Cognos Analytics
7.7
Oracle Hyperion
7.2
Delivery to Remote Servers
IBM Cognos Analytics
8.0
Oracle Hyperion

Data Discovery and Visualization

IBM Cognos Analytics
8.2
Oracle Hyperion
7.1
Pre-built visualization formats (heatmaps, scatter plots etc.)
IBM Cognos Analytics
8.1
Oracle Hyperion
6.9
Location Analytics / Geographic Visualization
IBM Cognos Analytics
8.1
Oracle Hyperion
7.2
Predictive Analytics
IBM Cognos Analytics
8.3
Oracle Hyperion
7.1

Access Control and Security

IBM Cognos Analytics
8.8
Oracle Hyperion
7.5
Multi-User Support (named login)
IBM Cognos Analytics
8.9
Oracle Hyperion
7.4
Role-Based Security Model
IBM Cognos Analytics
8.8
Oracle Hyperion
6.5
Multiple Access Permission Levels (Create, Read, Delete)
IBM Cognos Analytics
8.6
Oracle Hyperion
7.7
Single Sign-On (SSO)
IBM Cognos Analytics
8.7
Oracle Hyperion
8.5

Mobile Capabilities

IBM Cognos Analytics
6.4
Oracle Hyperion
5.5
Responsive Design for Web Access
IBM Cognos Analytics
6.9
Oracle Hyperion
5.5
Dedicated iOS Application
IBM Cognos Analytics
6.7
Oracle Hyperion
5.0
Dedicated Android Application
IBM Cognos Analytics
5.6
Oracle Hyperion
5.0
Dashboard / Report / Visualization Interactivity on Mobile
IBM Cognos Analytics
6.4
Oracle Hyperion
6.3

Application Program Interfaces (APIs) / Embedding

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

Budgeting, Planning, and Forecasting

IBM Cognos Analytics
Oracle Hyperion
8.9
Long-term financial planning
IBM Cognos Analytics
Oracle Hyperion
9.2
Financial budgeting
IBM Cognos Analytics
Oracle Hyperion
9.2
Forecasting
IBM Cognos Analytics
Oracle Hyperion
8.9
Scenario modeling
IBM Cognos Analytics
Oracle Hyperion
8.4
Management reporting
IBM Cognos Analytics
Oracle Hyperion
8.8

Consolidation and Close

IBM Cognos Analytics
Oracle Hyperion
9.1
Financial data consolidation
IBM Cognos Analytics
Oracle Hyperion
9.2
Journal entries and reports
IBM Cognos Analytics
Oracle Hyperion
9.1
Multi-currency management
IBM Cognos Analytics
Oracle Hyperion
9.4
Intercompany Eliminations
IBM Cognos Analytics
Oracle Hyperion
8.8
Minority Ownership
IBM Cognos Analytics
Oracle Hyperion
9.2
Local and consolidated reporting
IBM Cognos Analytics
Oracle Hyperion
9.0
Detailed Audit Trails
IBM Cognos Analytics
Oracle Hyperion
9.1

Financial Reporting and Compliance

IBM Cognos Analytics
Oracle Hyperion
9.0
Financial Statement Reporting
IBM Cognos Analytics
Oracle Hyperion
9.2
Management Reporting
IBM Cognos Analytics
Oracle Hyperion
9.3
Excel-based Reporting
IBM Cognos Analytics
Oracle Hyperion
9.5
Automated board and financial reporting
IBM Cognos Analytics
Oracle Hyperion
8.4
XBRL support for regulatory filing
IBM Cognos Analytics
Oracle Hyperion
8.7

Analytics

IBM Cognos Analytics
Oracle Hyperion
8.0
Personalized dashboards
IBM Cognos Analytics
Oracle Hyperion
8.4
Color-coded scorecards
IBM Cognos Analytics
Oracle Hyperion
8.2
KPIs
IBM Cognos Analytics
Oracle Hyperion
7.8
Cost and profitability analysis
IBM Cognos Analytics
Oracle Hyperion
7.9
Key Performance Indicator setting
IBM Cognos Analytics
Oracle Hyperion
8.4
Benchmarking with external data
IBM Cognos Analytics
Oracle Hyperion
7.2

Integration

IBM Cognos Analytics
Oracle Hyperion
9.3
Flat file integration
IBM Cognos Analytics
Oracle Hyperion
9.3
Excel data integration
IBM Cognos Analytics
Oracle Hyperion
9.4
Direct links to 3rd-party data sources
IBM Cognos Analytics
Oracle Hyperion
9.2

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

Oracle Hyperion

  • 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.
Teal Sexton | 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

Oracle Hyperion

  • 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.
Matt Downing | 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

Oracle Hyperion

Oracle Hyperion 5.0
Based on 1 answer
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.
Matt Downing | 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

Oracle Hyperion

No score
No answers yet
No answers on this topic

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

Oracle Hyperion

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

Oracle Hyperion

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

Oracle Hyperion

Oracle Hyperion 8.0
Based on 1 answer
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.
Anonymous | 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

Oracle Hyperion

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

Oracle Hyperion

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

Oracle Hyperion

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

Oracle Hyperion

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.
Ricky Bhatia | 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

Oracle Hyperion

No score
No answers yet
No answers on this topic

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

Oracle Hyperion

  • 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.
Anonymous | 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.

    Oracle Hyperion

    General

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

    Oracle Hyperion Editions & Modules

    Additional Pricing Details

    Rating Summary

    Likelihood to Recommend

    IBM Cognos Analytics
    7.8
    Oracle Hyperion
    8.4

    Likelihood to Renew

    IBM Cognos Analytics
    7.9
    Oracle Hyperion
    5.0

    Usability

    IBM Cognos Analytics
    7.5
    Oracle Hyperion

    Reliability and Availability

    IBM Cognos Analytics
    8.6
    Oracle Hyperion

    Performance

    IBM Cognos Analytics
    9.0
    Oracle Hyperion

    Support Rating

    IBM Cognos Analytics
    7.0
    Oracle Hyperion
    8.0

    In-Person Training

    IBM Cognos Analytics
    8.7
    Oracle Hyperion

    Online Training

    IBM Cognos Analytics
    8.0
    Oracle Hyperion

    Implementation Rating

    IBM Cognos Analytics
    7.0
    Oracle Hyperion

    Scalability

    IBM Cognos Analytics
    10.0
    Oracle Hyperion

    Add comparison