IBM Cognos and ThoughtSpot compete in the realm of business intelligence and data analytics. ThoughtSpot appears to have the upper hand due to its user-friendly, search-driven capabilities that simplify data exploration without requiring extensive technical skills.
Features: IBM Cognos offers comprehensive analytics and reporting tools with strong scheduling, integration capabilities, diverse report formats, and robust security. It provides powerful ad-hoc query capabilities and reporting flexibility. ThoughtSpot is known for its intuitive search-driven analytics that allow users to query data using natural language, simplifying data exploration and offering quick insights. It is favored for its ease of use and setup, ideal for self-service analytics by business users.
Room for Improvement: IBM Cognos could improve by enhancing its ease of use, updating its visualizations, and improving integration with modern data sources. ThoughtSpot would benefit from expanded visualization options, improved support for diverse data sources, and increased customization flexibility. Furthermore, ThoughtSpot should refine its data connectivity to reduce redundancy and improve stability.
Ease of Deployment and Customer Service: IBM Cognos is available for on-premises, hybrid, and cloud deployments but often requires assistance due to its complexity, with some users finding its customer support expensive and slow. ThoughtSpot offers flexible deployment across private and public clouds, with users finding its customer support helpful and personalized.
Pricing and ROI: IBM Cognos has a complex and costly pricing model, especially for larger user bases, though it can offer substantial ROI through detailed insights. ThoughtSpot's pricing is more flexible, based on data usage rather than user count, which can benefit companies with varying data needs, particularly medium-sized enterprises focusing on specific data-driven decisions.
IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.
IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.
IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:
Reviews from Real Users
IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.
Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”
ThoughtSpot is a powerful business intelligence tool that allows easy searching and drilling into data. Its ad hoc exploration and query-based search features are highly valued, and it is easy to set up, stable, and scalable.
The solution is used for reporting purposes, self-service BI, and embedding into other applications for customers to do self-service analytics. It helps businesses with metrics, KPIs, and important insights by sourcing data from various sources into one golden source and visualizing it in an easy way for the business to consume. The pricing model is ideal, charging for data rather than the number of users.
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