IBM Cognos TM1 vs MicroStrategy

IBM Cognos TM1 is ranked 17th in Business Intelligence Tools with 5 reviews vs MicroStrategy which is ranked 5th in Business Intelligence Tools with 88 reviews. The top reviewer of IBM Cognos TM1 writes "Saves time when creating reports but I'd like to see automation of feeders and more intuitive and interactive reporting". The top reviewer of MicroStrategy writes "Enterprise reporting and self-service; our users quickly get information and insights". IBM Cognos TM1 is most compared with Oracle Essbase, Microsoft BI and SAS Visual Analytics. MicroStrategy is most compared with Microsoft BI, Tableau and QlikView. See our IBM Cognos TM1 vs MicroStrategy report.
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Quotes From Members Comparing IBM Cognos TM1 vs MicroStrategy

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I believe that the investment in Domo was worthwhile because it allowed for the organization to jump in quickly, with little training. There are different plans available based on the requirements.

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It would be nice if there was a sticker price that says, "This software costs this amount of money." But I think that's just indicative of all software vendors. A lot of people are in it to make money, commissions, so it's just the nature of the business. But I would like to see more transparency, more equality, on pricing. Some people get better deals than others, I think.​The solution is scalable. A little expensive perhaps, but it is scalable.​There have been actual direct bottomline impacts in terms of extra revenue created from the reporting solutions.They need to work on their license structure. They are not competitive against somebody like SAP BusinessObjects. We had a quote that was almost a third the price, coming from SAP BusinessObjects, and it's not a better platform. It's not cheaper. They do concurrent user licensing, while MicroStrategy does named user licensing, and that was literally the only difference. But it made a $500,000 difference. They've got to do something to make themselves more competitive. Maybe it's assessing your business users and what you really expect them to use, and maybe giving a reduced price on that. But they are already giving us a 60% discount and they were still a million or so above, over a three-year time period. That doesn't account for synergies as we get from on-site resources that are already available, but I thought that that was a big, big deficit for them.​They gave us a good deal.​We actually researched some of the other solutions. For options, price, and customer acceptance, this product has worked well for us.​The price was good. We have had great support along the way.While initial cost of MicroStrategy is still on the higher side, the long-term benefits brings down overall cost of ownership significantly as compared to other tools like Tableau/Cognos.

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Top Comparisons
Top Comparisons
Compared 29% of the time.
Compared 10% of the time.
Compared 8% of the time.
See more Domo competitors »
Compared 16% of the time.
Compared 11% of the time.
See more IBM Cognos TM1 competitors »
Compared 19% of the time.
Compared 19% of the time.
Compared 12% of the time.
Also Known As
Also Known AscordaCognos TM1
Website/Video
Website/VideoDomo
IBM
MicroStrategy
Overview
OverviewDomo’s Business Cloud is the world’s first open, self-service platform to run your entire organization. The Business Cloud brings together the data, the people, and the insights business users need to deliver a big picture view of what’s happening in your business so you can answer your most pressing business questions and optimize performance in real time. And with a native mobile experience, the insights you need to make data-driven decisions are right at your fingertips—wherever you happen to be.

Find more information on The Business Cloud Here.
IBM Cognos TM1 is an enterprise planning software platform that can transform your entire planning cycle, from target setting and budgeting to reporting, scorecarding, 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.

Company: Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. With direct operations in 26 countries worldwide and approximately 2,000 employees, our mission is to provide enterprise analytics, mobility, and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.

Product portfoilio:

MicroStrategy 10 Secure Enterprise™ empowers leading organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two distinct offerings: MicroStrategy Analytics™ and MicroStrategy Desktop™. MicroStrategy Analytics delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights anywhere, anytime, via mobile devices or the Web. It also combines the agility and productivity of self-service visual data discovery with the security, scalability, and governance features of enterprise-grade business intelligence. MicroStrategy Desktop is a standalone, on-premise visual data discovery tool designed to enable business users to analyze and understand their data. MicroStrategy Mobile™ enables organizations to rapidly build custom business applications that deliver analytics combined with transactions, multimedia, and custom workflows to mobile devices. MicroStrategy Secure Cloud™ combines all of the enterprise analytics, mobile, and security features in MicroStrategy 10 Secure Enterprise with powerful and scalable data integration, validation, and warehousing services — all delivered in an environment where organizations can deploy transformational analytics applications in minutes.

Usher, MicroStrategy’s breakthrough security solution, is a powerful mobile security platform designed to dematerialize traditional forms of identity verification (such as passwords, tokens, and physical badges) and replace them with a single mobile identity badge that is cryptographically linked to its owner’s smartphone and dynamically linked to an enterprise’s existing identity repositories. Usher works on standard Android and iOS smartphones, and also boasts an Apple Watch™ integration.

OFFER
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Learn more about IBM Cognos TM1
Learn more about MicroStrategy
Sample Customers
Sample CustomersCapco, SABMiller, Stance, eBay, Sage North America, Goodwill Industries of Central Indiana, Telus, The Cliffs, OGIO International Inc., and many more!ManpowerGroup, Convergys, AIG, Orchard Brands, Citibank, InterGen, Northwestern University, EF Education First, Ironside, Bazan Group, CSOB Insurance, Macquarie Group, Charles Stanley, SATO, Government of Sint Maarten, BMW Financial Services Allstate Insurance, Barneys New York, Boston Children's Hospital, Buenos Aires Department of the Treasury, Campbell Soup Company, DHL, eBay, eHarmony, Facebook, Four Seasons Hotels Inc., Godiva, Hard Rock International, LinkedIn, Netflix, Pfizer, SECO (Swiss Government Unemployment Agency), Starbucks, Texas A&M University, Thomson Reuters Markets, US House of Representatives, and the US Postal Service.
Top Industries
Top Industries
REVIEWERS
Retailer
25%
Healthcare Company
13%
Financial Services Firm
13%
Energy/Utilities Company
13%
VISITORS READING REVIEWS
Healthcare Company
15%
Financial Services Firm
14%
Marketing Services Firm
14%
Manufacturing Company
7%
VISITORS READING REVIEWS
Manufacturing Company
16%
Financial Services Firm
15%
Insurance Company
8%
Comms Service Provider
7%
REVIEWERS
Financial Services Firm
17%
Healthcare Company
16%
Retailer
13%
Comms Service Provider
6%
VISITORS READING REVIEWS
Financial Services Firm
20%
Media Company
8%
Transportation Company
7%
Manufacturing Company
7%
Company Size
Company Size
REVIEWERS
Small Business
36%
Midsize Enterprise
27%
Large Enterprise
36%
VISITORS READING REVIEWS
Small Business
32%
Midsize Enterprise
27%
Large Enterprise
42%
REVIEWERS
Small Business
70%
Midsize Enterprise
10%
Large Enterprise
20%
VISITORS READING REVIEWS
Small Business
11%
Midsize Enterprise
35%
Large Enterprise
54%
REVIEWERS
Small Business
19%
Midsize Enterprise
18%
Large Enterprise
63%
VISITORS READING REVIEWS
Small Business
15%
Midsize Enterprise
24%
Large Enterprise
60%
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