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The
technology of choice for Success Cubed Ltd is IBM's Cognos
TM1.
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TM1 is the only tool from a
major vendor that supports both Planning and Reporting
- Why learn and pay for two tools when one
tool can perform both functions?
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TM1
allows you to maintain your familiar spreadsheet front-end while
centralising all the data in one server and handling all the
consolidation, and security controls.
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Why be
limited to a two-dimensional spreadsheet when TM1 will allow you to
analyse and consolidate your data in as many ways as you need, eg
by Store, Product, Department, Cost, Account, Version, Currency,
Measure, Time Period, etc.
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The
addition of Named Hierarchies has added even more capability in
this area.
- Common
calculations can be defined in calculation rules using meaningful
names, not repeated in every spreadsheet with Excel Formula;
['Sales'] = N: ['Units'] * ['Price'] ; is a lot easier to
understand than =B101*C71!
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TM1's
Multi-Cube Architecture allows you to make the Cube building blocks
fit your business not the other way around. Rates such as
Corporation Tax which don't vary by Product don't have to live in
the same Cube as information that does vary by Product such as
Sales.
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Lightning
fast data loads, and dimension hierarchy changes, with on the fly
re-consolidation and re-calculation keep your system up to date
with changes in external data or the latest plans that have been
entered.
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See an
interesting variance, and drill in to understand what drives it.
Pivot data to understand if there is a particular product or store,
etc, that is under-performing. The speed of TM1 is what allows you
to follow a train of thought. You can't do this in a tool that
takes minutes to run a report.
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Scaleability
- Unlike other tools, TM1 keeps performing even when faced with
millions of new records a day, hundreds of thousands of elements in
dimensions, and cubes with 20 or more dimensions when other tools
run out of steam at 5-7!
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Integration
with the rest of the IBM Analytics family :