IBM Cognos TM1 Review

You can analyze data, and create models to reflect a constantly evolving business environment.


Valuable Features:

IBM Cognos TM1 is an enterprise planning software platform that can transform the planning cycle, from target setting and budgeting to reporting, score carding, analysis and forecasting. Available as an on-premise or on-cloud solution, and with extensive mobile capabilities, Cognos TM1 enables you to collaborate on plans, budgets and forecasts. You can analyze data, and create models to reflect a constantly evolving business environment

Improvements to My Organization:

In terms finance the return on investment (ROI) can be increased. What-if analysis and business modeling options which users can run without IT involvement

Room for Improvement:

  • Pulling data from planning crashes very often. if this can be stabilized in next version that would be great
  • Include a performance modeller feature at architect level
  • Automation of feeders
  • Cognos reporting modules can be improved to be more intuitive, and interactive like QlikView. And more generally, I think the BI solution's data visualizations based on maps are too poor, they should improve it by interfacing their product with Google maps for example

Cost and Licensing Advice:

The unlimited licensing is valuable.

Other Advice:

I would strongly recommend to go with TM1 Enterprise in terms of stability, scalability and performance.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
Add a Comment
Guest
Sign Up with Email