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The Cognos software from IBM is one of the most renowned and used business intelligence software in the world and more than 23000 firms around the globe are currently employing it.
The Quintessential Business Intelligence Software 9/15/2012 Infocube.com.au Len Biel The Quintessential Business Intelligence Software The Cognos software from IBM is one of the most renowned and used business intelligence software in the world and more than 23000 firms around the globe are currently employing it. These performance management software are ideal for cutting costs, reducing employee workload, stream lining data, database management and performing a variety of other functions. Moreover, each and every department in the company can use business intelligence to improve their functionality and each variation of the Cognos comes with different features. Originally, the company was based in Ontario, Canada and was founded in the year 1969. It was acquired by IBM in 2008 and has since functioned under the same name. IBM has retained the name and branded the software as its own since the acquisition. Some of the different options available to you include Cognos 8, Cognos 10, Cognos Express, Cognos Axiant 4Gl, and so on. The Product Line The Cognos product line is composed of more than 30 different software options. However, Cognos is known primarily for its excellent business intelligence software. In order to use Cognos effectively, one has to take some form of formal training. Moreover, each department will require a specific set of skills and this can be acquired. The Cognos 10 is an integrated product which combines the usefulness of Cognos with other IBM products. Lotus Connect and SPSS Predictive Analysis is embedded in it. This expands the scope of the software manifold and it is an ideal tool for business forecasting, market analysis, and other predictive studies. The Cognos Express is relatively new software which has been designed specifically for medium sized firms. Basically, the Express is an extended version of the Cognos 8 with additional features such as forecasting, budgeting, planning and so on. For smaller firms, cost cutting and proper forecasting of sales targets and revenue targets is crucial and this is where the software comes in handy. The brand consistently features as a leader in many business intelligence lists and has won several awards in the same category. The Cognos 8 has won awards such as the eWeek Excellence Awards in Analytics and Reporting, Tech Target’s Search CRM product of the year award and many more. Under IBM, it continues to be placed in Gartners Magic Quadrant for BI software. Reducing Managerial Workload These days most managers are over worked and employees face burn out from the constant stress and pressure. In such a scenario, the efficiency of any manager will drop and this can be disastrous for the company. Working long hours, especially during the month ends can be tough. With the help of options such as Cognos Express, and Cognos 8, managers can now reduce their stress levels and work much more efficiently. Training Software related training can be obtained as per your convenience and your employees will be all set within a few days of on the job training. The flexible schedules enable you to work around your office timings, without interrupting the normal work routine. The author is a business analyst who uses cognos products on a daily basis. He also undertakes presentations and training sessions. His personal blog is filled with interesting tips and ideas on how to use the Cognos line effectively.
"The Quintessential Business Intelligence Software"