Benefits
Functionalities
- Web data modeling
Send, acquire, combine and model data - the tool will easily combine and compare information and facts from CSV files and spreadsheets. Connect to any data sources in the cloud or on-premises (most often SQL databases, Google BigQuery, Amazon, Redshift, etc.).
- Interactive dashboards and corporate reports
The tool supports flexible teams, even if members are thousands of kilometers away from each other. Up to 5 users can use a single trial version. Quickly create sophisticated, interactive dashboards. Drag and drop data encourages the automatic generation of visualizations and detailed presentations of information - share them via email or Slack.
- Data mining and prediction
Interesting features of the tool include predictive forecasting, prediction trees, and AI assistant. Get deeper insights into your data (without resorting to advanced analytics). Determine the scope of your knowledge. Pinpoint unknowns with statistically accurate time series forecasting. Identify patterns worth considering. Break down analytical silos.
- Open up to mobility
IBM Cognos Analytics is also available in a mobile version. Thanks to the new application, you will never lose sight of your data again. Authorized persons will have access to specific data and alerts from the phone 24/7. If you generate answers to interesting queries, you can share the results via Slack, Microsoft Teams, or e-mail - all mobile.
- Enable responsive dashboards
New caching technology makes feedback instantaneous as you filter and interact. There is no need to wait for more queries to run. Enable this feature automatically or adjust advanced settings yourself (possibility of better performance optimization).
- Fast data transfer
The latest version of IBM Cognos Analytics works faster and more efficiently - now file transfers are incomparably faster. Spend less time sending data and more time analyzing it. Increase your productivity and speed of everyday activities!
- Cognos Assistant
Cognos assistant to help you get the financial analysis you need quickly and easily. Just enter your query. The visible answers are based on the company's own data, not random information from the Internet . They can be in the form of charts or narrative insights (generated by natural language). Share them or create an entire interactive dashboard or report based on them.
- IBM Watson
IBM Watson is the AI platform on which the tool is based. It enables processing, analysis and interpretation of data in real time. It uses artificial intelligence technologies, e.g. image analysis, machine learning, natural language processing, automation, process robotics. Based on data, it helps make important business decisions. Answers questions about trends while creating PDF reports (according to schedule).
- The next generation of BI with AI features
Intelligence tool will help analysts focus on finding deeper insights to improve a company's financial performance. AI functions predict what will happen in the future, predict and explain the results of business activities, and provide an accurate picture of your company - even better and more efficiently than previous versions of the program or similar applications.
Where can IBM Cognos Analytics be used?
Finance is the most popular sector with which IBM Cognos Analytics is automatically associated. However, as you will see below, it is not the only one. It helps, among others: IT, HR, sales, production and logistics, customer service, and administration departments. What are some examples of the tool's features?
- Finances
The tool enables, among others: financial analysis, financial reporting, monthly or annual budget planning, forecasting, and monitoring financial performance.
- Sales and marketing
The tool allows you to analyze customer data, plan marketing campaigns, analyze the market, manage sales teams, and forecast sales results for a selected digital product.
- HR
The tool helps analyze data on employment, employee performance evaluation, and remuneration. HR department employees also use them to plan human resources or conduct complex analyses of employment costs.
- IT
IBM Cognos Analytics provides, among others: comprehensive analysis and monitoring of the performance of IT systems, and planning their development. It also helps in managing IT infrastructure. Works perfectly with other systems and analytics tools.
Why IBM Cognos Analytics? Why IBM?
More and more companies are moving away from descriptive decision-making methods and moving towards predictive, normative techniques. Entrepreneurs learn to respond better to disruptions and rapid business changes. However, it will only be possible to translate data into meaningful action when information is used appropriately.
IBM wanted to create a tool that would help make business decisions faster and more confidently. This is how the IBM Cognos Analytics application was created - a comprehensive solution for financial analysis, analytics and reporting. Safe, ideal for creating dashboards, analysis and reports, with advanced data exploration capabilities, placed on a secure platform... IBM Cognos Analytics will quickly become your right hand.
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