CCH Tagetik vs IBM Cognos comparison

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1,011 views|846 comparisons
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Executive Summary

We performed a comparison between CCH Tagetik and IBM Cognos based on real PeerSpot user reviews.

Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: March 2024).
765,234 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy.""The most valuable feature of CCH Tagetik is form creation.""I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage.""Has an APM, which deals with the details of data and has calculation functions included."

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"It is a stable product.""Dashboarding, reporting, and ad hoc reporting are the valuable features of IBM Cognos.""The most valuable feature of IBM Cognos is security. The solution has updated features that other competitors' solutions come out with long after IBM Cognos has had them.""The initial setup is quite straightforward.""The basic platform comes with several meta-modelling tools.""Self-service is possible through the use of dashboards, which are also very intuitive. Stories can be used to pin snapshots, tell the story for meetings, etc.""The most valuable feature is developing reports from different data sources, making it a reliable data source.""The solution's initial setup process is easy."

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Cons
"The tool's major drawback is the ETL process, which is not up to par with other solutions.""There is room for improvement, especially on the settings side of the solution.""Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity.""We faced difficulties while uploading data."

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"The AI-based features could be further enhanced by the solution.""I would like to see is more easy building, movement in the reports, and dashboard functionality within reporting. Overall more simple elements within reports. If the elements are simple then you don't have to render a full page, but you can move separate parts in the page.""IBM Cognos's error messages seem to be a bit ambiguous. An error will be encountered and a message will be sent out very ambiguous and after investigating the error message it could be any number of issues. There was never a direct answer to the question or a direct answer to the error messages. Sometimes it would be a generic error message for 21 different solutions. It wasn't very specific, which required a lot of digging around and trial and error trying to fix the problem. The messaging in their error messaging is something needing improvement.""Cognos is quite slow - it's missing the performance of the PowerPlay cubes.""I would like to see the introduction of mapbooks for supporting some geographical information.""One thing that we really want is the ability to have data portrayed on an image. Cognos is not able to do it at the moment, and that's becoming a requirement from the business side: having an image and then plotting your dataset on top of the image as a map.""Most of our company's customers want to be able to deploy IBM Cognos on a web application and use it as a desktop application, which is not possible currently.""I would like for the platform to become more standard. If we make a development on our report and our dashboard, it will not be used in another solution. That means there is no portability for the developers."

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Pricing and Cost Advice
  • "The solution's pricing is affordable."
  • "The solution is quite expensive."
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  • "There is need to assess the purchase license accordingly so as to avoid audit penalties."
  • "The pricing and licensing policies are comparatively cheaper than other products in the market ."
  • "IBM Cognos offers competitive pricing similar to other BI vendors in the market."
  • "Pricing should be improved."
  • "The pricing of this product is meant for medium to large-scale enterprises."
  • "It is my understanding that the cost is very low. It's not very expensive."
  • "Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."
  • "It is quite pricy. I think Microsoft BI is cheaper. Tableau might also be cheaper, but it also depends on the usage. If you have very many users, Cognos can be a problem. It could be cheaper than Tableau but not for so many users. If you have a few thousand users, Tableau, which is generally quite expensive, can be cheaper than Cognos."
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    Comparison Review
    Anonymous User
    Questions from the Community
    Top Answer:I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure… more »
    Top Answer:The solution's pricing is affordable.
    Top Answer:The tool's major drawback is the ETL process, which is not up to par with other solutions.
    Top Answer:It depends on the Data architecture and the complexity of your requirement Some great tools in the market are Qlik Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos… more »
    Top Answer:We use IBM Cognos for enterprise analytics and reporting.
    Top Answer:The technical support team’s response time is slow and needs to be improved.
    Ranking
    Views
    1,011
    Comparisons
    846
    Reviews
    3
    Average Words per Review
    362
    Rating
    7.0
    3rd
    out of 3 in Legacy BI Tools
    Views
    2,086
    Comparisons
    1,221
    Reviews
    11
    Average Words per Review
    433
    Rating
    8.2
    Comparisons
    Also Known As
    Tagetik
    Cognos, Cognos Analytics, IBM Cognos Analytics
    Learn More
    Wolters Kluwer
    Video Not Available
    Overview

    CCH Tagetik goes beyond basic CPM. By aligning financial and operational data in a unified platform, our software ensures you're working with a single version of the truth. The result is faster financial processes and a complete view of your entire organization.

    IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

    IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

    IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

    • IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.

    • IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.

    • IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.

    • IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.

    • IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.

    • IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

    Reviews from Real Users

    IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

    Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

    Sample Customers
    Daimler, Randstad, Rabobank, Metro Group
    More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm13%
    Manufacturing Company13%
    Computer Software Company12%
    Retailer9%
    REVIEWERS
    Financial Services Firm15%
    Computer Software Company11%
    Insurance Company9%
    Healthcare Company9%
    VISITORS READING REVIEWS
    Educational Organization57%
    Financial Services Firm7%
    Computer Software Company5%
    Government5%
    Company Size
    REVIEWERS
    Small Business57%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise9%
    Large Enterprise70%
    REVIEWERS
    Small Business24%
    Midsize Enterprise15%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business8%
    Midsize Enterprise61%
    Large Enterprise31%
    Buyer's Guide
    Business Performance Management
    March 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while IBM Cognos is ranked 3rd in Legacy BI Tools with 129 reviews. CCH Tagetik is rated 7.6, while IBM Cognos is rated 8.0. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". On the other hand, the top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle HFM, Oracle Hyperion, Anaplan and Board, whereas IBM Cognos is most compared with Microsoft Power BI, Tableau, Oracle OBIEE, SAP BusinessObjects Business Intelligence Platform and Oracle Hyperion.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.