What is cognos planning tool

While the bottom tier consists of a Data layer. The web client allows BI users to access TM1 data and interact with data in any of the supported browsers. Tier 1 is responsible to manage the gateway and is used for encryption and decryption of passwords, extract information needed to submit a request to the BI server, authentication of server and to pass the request to Cognos BI dispatcher for processing.

This tier hosts the Cognos BI server and its associated services. This tier contains content and data sources. There are various other BI reporting tools in the market that are used in medium and large enterprise for analytics and reporting purpose. Some of them are described here along with its key features. Cognos can be considered as a robust solution which allows you to create a variety of reports like Cross tabs, Active reports latest feature in Cognos 10 , and other report structure.

You can create user prompts, scheduling of report is easy and you can export and view reports in different formats. In Cognos the entire functionality is divided into multiple tools Query studio, Analysis studio, event studio etc. Finance teams need to forecast and plan the affects of changes on the financial statements of the organization.

When this happens the finance team previously became stressed out thinking about how they have to rebuild models to incorporate the change. But with Cognos Planning Analytics finance can leverage virtual dimension and rapidly provide these new insights. This on the fly modeling is often foreign to IT and business intelligence professionals that live in a world of governance, and control. But if IT tries to eliminate TM1, they run the risk of making finance return to the world of Excel which lacks controls and processes provided by Cognos Planning Analytics.

In summary, neither Cognos BI nor Microsoft Power BI can replace TM1 because TM1 provides a flexible modeling tool with write back and data collection capabilities not available in most business intelligence. At Lodestar Solutions we can help you facilitate workshops to define what your unique analytic and business intelligence roadmap should look like.

We will provide our expert opinions and network you with other clients that have walked in your shoes. So, contact us at Services lodestarsolutions.

We are updating our mailing lists! Our goal is to provide amazing content to help you and your business succeed. Own datasets can be created without expert knowledge. In the field of data modeling , the connection of various data sources is possible. Data access is easy to organize and reports can be generated directly from the data sources.

Thanks to the intuitive user interface, reporting requires no special know-how. Different templates and styles make it possible to create professional-looking reports with little configuration effort.

In order to use Cognos efficiently in the company, it is crucial to be able to connect various data sources and database systems to the software. For this, Cognos supports different environments. In addition, users can connect their own datasets to Cognos.

Dynamic queries are possible from both OLAP data sources and relational data sources. It has analytics, reporting, visualization, planning, budgeting, dashboards, and forecasting capabilities aligned with these businesses. The focus in developing this software has been on ease of use. The scope of the software focuses on the essential features, but still includes everything needed for the business analysis.