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Top Rated
510 Ratings
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Top Rated
306 Ratings

IBM Cognos Analytics with Watson

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Top Rated
510 Ratings
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Score 8.3 out of 100

Workday Adaptive Planning

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Top Rated
306 Ratings
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Score 8.1 out of 100

Feature Set Ratings

  • IBM Cognos Analytics with Watson ranks higher in 3 feature sets: Ad-hoc Reporting, Report Output and Scheduling, Data Discovery and Visualization
  • Workday Adaptive Planning ranks higher in 3 feature sets: BI Standard Reporting, Access Control and Security, Mobile Capabilities

BI Standard Reporting

8.3

IBM Cognos Analytics with Watson

83%
9.3

Workday Adaptive Planning

93%
Workday Adaptive Planning ranks higher in 3/3 features

Pixel Perfect reports

8.2
82%
65 Ratings
9.0
90%
1 Rating

Customizable dashboards

8.4
84%
70 Ratings
10.0
100%
1 Rating

Report Formatting Templates

8.3
83%
69 Ratings
9.0
90%
1 Rating

Ad-hoc Reporting

8.7

IBM Cognos Analytics with Watson

87%
8.0

Workday Adaptive Planning

80%
IBM Cognos Analytics with Watson ranks higher in 3/4 features

Drill-down analysis

8.8
88%
72 Ratings
9.0
90%
1 Rating

Formatting capabilities

8.7
87%
73 Ratings
7.0
70%
1 Rating

Integration with R or other statistical packages

8.3
83%
46 Ratings
8.0
80%
1 Rating

Report sharing and collaboration

8.8
88%
71 Ratings
8.0
80%
1 Rating

Report Output and Scheduling

8.7

IBM Cognos Analytics with Watson

87%
8.0

Workday Adaptive Planning

80%
IBM Cognos Analytics with Watson ranks higher in 5/5 features

Publish to Web

8.3
83%
26 Ratings
N/A
0 Ratings

Publish to PDF

9.2
92%
69 Ratings
8.0
80%
1 Rating

Report Versioning

8.6
86%
25 Ratings
8.0
80%
1 Rating

Report Delivery Scheduling

9.1
91%
72 Ratings
8.0
80%
1 Rating

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

Workday Adaptive Planning

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

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

7.9
79%
60 Ratings
7.0
70%
1 Rating

Location Analytics / Geographic Visualization

8.0
80%
58 Ratings
8.0
80%
1 Rating

Predictive Analytics

7.4
74%
56 Ratings
8.0
80%
1 Rating

Access Control and Security

8.9

IBM Cognos Analytics with Watson

89%
9.0

Workday Adaptive Planning

90%
IBM Cognos Analytics with Watson ranks higher in 3/4 features

Multi-User Support (named login)

9.0
90%
67 Ratings
9.0
90%
1 Rating

Role-Based Security Model

8.8
88%
66 Ratings
9.0
90%
1 Rating

Multiple Access Permission Levels (Create, Read, Delete)

9.1
91%
66 Ratings
9.0
90%
1 Rating

Single Sign-On (SSO)

8.8
88%
49 Ratings
N/A
0 Ratings

Mobile Capabilities

7.2

IBM Cognos Analytics with Watson

72%
8.5

Workday Adaptive Planning

85%
Workday Adaptive Planning ranks higher in 3/3 features

Responsive Design for Web Access

7.8
78%
52 Ratings
8.0
80%
1 Rating

Mobile Application

7.6
76%
81 Ratings
8.0
80%
2 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

7.5
75%
50 Ratings
10.0
100%
1 Rating

Application Program Interfaces (APIs) / Embedding

7.8

IBM Cognos Analytics with Watson

78%

Workday Adaptive Planning

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

REST API

8.4
84%
37 Ratings
N/A
0 Ratings

Javascript API

8.5
85%
35 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
8.8

Workday Adaptive Planning

88%
Workday Adaptive Planning ranks higher in 5/5 features

Long-term financial planning

N/A
0 Ratings
8.6
86%
152 Ratings

Financial budgeting

N/A
0 Ratings
8.8
88%
162 Ratings

Forecasting

N/A
0 Ratings
9.2
92%
157 Ratings

Scenario modeling

N/A
0 Ratings
8.4
84%
150 Ratings

Management reporting

N/A
0 Ratings
9.1
91%
162 Ratings

Consolidation and Close

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
8.0

Workday Adaptive Planning

80%
Workday Adaptive Planning ranks higher in 7/7 features

Financial data consolidation

N/A
0 Ratings
8.9
89%
96 Ratings

Journal entries and reports

N/A
0 Ratings
8.5
85%
64 Ratings

Multi-currency management

N/A
0 Ratings
8.0
80%
75 Ratings

Intercompany Eliminations

N/A
0 Ratings
7.7
77%
56 Ratings

Minority Ownership

N/A
0 Ratings
7.5
75%
31 Ratings

Local and consolidated reporting

N/A
0 Ratings
7.9
79%
88 Ratings

Detailed Audit Trails

N/A
0 Ratings
7.6
76%
110 Ratings

Financial Reporting and Compliance

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
8.5

Workday Adaptive Planning

85%
Workday Adaptive Planning ranks higher in 5/5 features

Financial Statement Reporting

N/A
0 Ratings
8.8
88%
136 Ratings

Management Reporting

N/A
0 Ratings
8.4
84%
149 Ratings

Excel-based Reporting

N/A
0 Ratings
9.0
90%
148 Ratings

Automated board and financial reporting

N/A
0 Ratings
8.4
84%
128 Ratings

XBRL support for regulatory filing

N/A
0 Ratings
8.0
80%
25 Ratings

Analytics and Reporting

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
8.3

Workday Adaptive Planning

83%
Workday Adaptive Planning ranks higher in 6/6 features

Personalized dashboards

N/A
0 Ratings
8.5
85%
107 Ratings

Color-coded scorecards

N/A
0 Ratings
7.8
78%
87 Ratings

KPIs

N/A
0 Ratings
8.7
87%
101 Ratings

Cost and profitability analysis

N/A
0 Ratings
8.7
87%
105 Ratings

Key Performance Indicator setting

N/A
0 Ratings
8.3
83%
89 Ratings

Benchmarking with external data

N/A
0 Ratings
7.9
79%
61 Ratings

Integration

IBM Cognos Analytics with Watson

Feature Set Not Supported
N/A
8.4

Workday Adaptive Planning

84%
Workday Adaptive Planning ranks higher in 3/3 features

Flat file integration

N/A
0 Ratings
8.5
85%
111 Ratings

Excel data integration

N/A
0 Ratings
8.3
83%
138 Ratings

Direct links to 3rd-party data sources

N/A
0 Ratings
8.5
85%
105 Ratings

Attribute Ratings

  • IBM Cognos Analytics with Watson is rated higher in 5 areas: Likelihood to Renew, Availability, Support Rating, In-Person Training, Product Scalability
  • Workday Adaptive Planning is rated higher in 9 areas: Likelihood to Recommend, Usability, Performance, Online Training, Implementation Rating, Configurability, Ease of integration, Vendor post-sale, Vendor pre-sale

Likelihood to Recommend

8.1

IBM Cognos Analytics with Watson

81%
96 Ratings
8.7

Workday Adaptive Planning

87%
195 Ratings

Likelihood to Renew

10.0

IBM Cognos Analytics with Watson

100%
24 Ratings
7.9

Workday Adaptive Planning

79%
37 Ratings

Usability

8.0

IBM Cognos Analytics with Watson

80%
7 Ratings
8.8

Workday Adaptive Planning

88%
98 Ratings

Availability

8.6

IBM Cognos Analytics with Watson

86%
8 Ratings
6.4

Workday Adaptive Planning

64%
20 Ratings

Performance

9.0

IBM Cognos Analytics with Watson

90%
10 Ratings
9.1

Workday Adaptive Planning

91%
10 Ratings

Support Rating

10.0

IBM Cognos Analytics with Watson

100%
15 Ratings
8.1

Workday Adaptive Planning

81%
44 Ratings

In-Person Training

8.7

IBM Cognos Analytics with Watson

87%
4 Ratings
8.2

Workday Adaptive Planning

82%
1 Rating

Online Training

8.0

IBM Cognos Analytics with Watson

80%
4 Ratings
9.1

Workday Adaptive Planning

91%
7 Ratings

Implementation Rating

7.0

IBM Cognos Analytics with Watson

70%
14 Ratings
9.4

Workday Adaptive Planning

94%
57 Ratings

Configurability

8.0

IBM Cognos Analytics with Watson

80%
2 Ratings
9.1

Workday Adaptive Planning

91%
4 Ratings

Ease of integration

8.0

IBM Cognos Analytics with Watson

80%
2 Ratings
9.1

Workday Adaptive Planning

91%
3 Ratings

Product Scalability

10.0

IBM Cognos Analytics with Watson

100%
2 Ratings
9.1

Workday Adaptive Planning

91%
8 Ratings

Vendor post-sale

7.0

IBM Cognos Analytics with Watson

70%
1 Rating
8.2

Workday Adaptive Planning

82%
3 Ratings

Vendor pre-sale

7.0

IBM Cognos Analytics with Watson

70%
1 Rating
9.1

Workday Adaptive Planning

91%
3 Ratings

Likelihood to Recommend

IBM

IBM Cognos Analytics provides our organization with a workspace for data visualization and analysis, with a wide variety of customization options. It is well suited for exploring and discovering trends with the information provided in real time. It has the ability to create very attractive reports and dashboards. It offers robust controls for comprehensive data protection, generating reliability in the use of significant information
Read full review

Workday

Compassion as a Non Profit provides funds to partners for Child Support. Workday Adaptive Planning can help the Partner to Provide the expense information monthly so their fund allocation can be approved for disbursement. This way the Field Officers do not have to collect the data in excel for review and approval before loading it into the current system before disbursement is done.
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

Workday

  • Version Management. Adaptive lets us manage many versions/scenarios all in one platform with the robust ability to compare them to each other.
  • Processing Performance. With the Elastic Hypercube technology that was implemented a few years back, we can watch changes flow through a complex web of formulas and arrive at an answer within seconds.
  • Audit Trail. Our administrators love the ability to see and report on who made what changes when, which leads to real accountability within the organization.
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

Workday

  • It would be beneficial to me, as a user, if there was a library of documentation for every type of feature. This could be something regarding formula building, understanding how attributes work, with examples, or a location for basic and advance documentation on Sheet/Model/Cubes.
  • I would like to have the ability to directly assign some dimensions to accounts easier. A drag and drop feature for that would be interesting. This has been a challenge for me when new dimensions are built and I am unable to assign them to new accounts.
  • I would also like to see some more formulas or an easier way to do some basic tasks. For example a simple YTD function instead of running a simple, yet long string of texts for the formulas. Or the option for selecting YTD features, removing the need of the formula all together.
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

Workday Adaptive Planning

Starting Price

Editions & Modules

Workday Adaptive Planning editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    Optional

    Additional Details

    Pricing Info

    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

    Workday

    For one we're in way too deep to not move forward with Adaptive. We're integrated with Workday, we do a ton of reporting with Adaptive, and it's working very well for planning and forecasting. No reason to look back or change course.
    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

    Workday

    Workday Adaptive Planning has detailed online help with both articles and videos that are comprehensive. It has a lot of similarities to Excel, which most finance people are already familiar with, plus the user interface is intuitive and easy to pick up. The online support team is quick to respond and very knowledgeable.
    Read full review

    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

    Workday

    There haven't been any lately. The only one issue I can think of is when there was an update in Adaptive that altered our reports. Before I realized there was an issue, Adaptive reached out to let me know, so that it could be fixed.
    Read full review

    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

    Workday

    All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
    Read full review

    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

    Workday

    Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
    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

    Workday

    Our 3rd party vendor walked us through the whole process and was available for questions after we started using the Adaptive Insights. I would suggest using the online training environment plus an individual walk through of your company's model to get more acquainted with the instance. There were also on-line tutorials to help us along the way.
    Read full review

    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

    Workday

    The training program in Adaptive Insight has grown quite a bit, since I originally implemented in Adaptive Insights. I would now give it a 10 rating and suggest that anyone implementing for the first time work through the certification program. The certification program is a very detailed in depth primer to understanding how the system works.
    Read full review

    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

    Workday

    Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
    Read full review

    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

    Workday

    After researching several CPM products, Adaptive and Prophix actually both met our needs quite well. The Adaptive Sales & Design Team went above and beyond in the early stages of exploring whether Adaptive could meet some of our very specific needs. Adaptive's customer service during the exploration phase was noticeably present. We chose Adaptive and a vendor in our local area to implement. Budget Maestro seemed to require more IT resources than what we desired to invest. Vena Solutions was a bit pricey from our perspective and Xlerant didn't quite have what we were looking for in a budgeting tool.
    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

    Workday

    We went from 2 users to 70+ users over a 2 year period of time. The application scaled wonderfully. 65 of those users were non-finance users so they were able to quickly learn the software and prepare budgets quickly and efficiently. That is the power of Adaptive and its ability to scale
    Read full review

    Return on Investment

    IBM

    • The team that implemented this software tells me that the ROI is not obtained instantly; it must go through long months before obtaining good results.
    • There are functions that are not easy for all users; this makes it difficult to obtain positive results in the first months.
    • A year has to pass before noticing that after its configuration, we can work without delays.
    Read full review

    Workday

    • We are seeing more and more how Adaptive can go beyond financial metrics and cross into operational metrics. As we work with other departments in the business, we are working hard to make Adaptive the system of record when it comes to KPI reporting and measuring.
    Read full review

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