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Microsoft Power BI vs Workday Prism Analytics comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM Cognos
Sponsored
Ranking in BI (Business Intelligence) Tools
7th
Average Rating
8.0
Number of Reviews
134
Ranking in other categories
Reporting (4th)
Microsoft Power BI
Ranking in BI (Business Intelligence) Tools
1st
Average Rating
8.0
Reviews Sentiment
6.8
Number of Reviews
315
Ranking in other categories
Reporting (1st)
Workday Prism Analytics
Ranking in BI (Business Intelligence) Tools
14th
Average Rating
8.6
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the BI (Business Intelligence) Tools category, the mindshare of IBM Cognos is 3.8%, down from 4.3% compared to the previous year. The mindshare of Microsoft Power BI is 22.4%, up from 22.4% compared to the previous year. The mindshare of Workday Prism Analytics is 1.6%, up from 1.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
BI (Business Intelligence) Tools
 

Featured Reviews

Carlos Larrad Salgado - PeerSpot reviewer
Improved the quality of our KPIs, while reducing calls to the IT department
I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality. The user experience is also very important. Cognos is not very easy to understand sometimes, especially when they change the layout but keep the functionality the same. The help is not very graphic and they have no examples. Cognos has to make a big effort to help with understanding the functionality by improving the documentation. There is a lot of documentation, but the examples are hard to find and they should make their help section easier to understand for non-technical users.
Amol Rane - PeerSpot reviewer
Supports AI initiatives in terms of predictive analytics
The only issue is with permissions. Sometimes, despite granting granular permissions, dashboards are visible to people who shouldn't have access. It's difficult to understand why the permissions slip out. Sometimes dashboards are visible to stakeholders even though they should not have permission. It's a bit difficult to understand why the permissions slip out. The dashboards lack a user-friendly appearance, and the permissions should be easier to understand. At this point, we have to go through a lot of details. It takes a lot of time to understand the permissions, so if there were better options available within the Power BI setup, it would be quite beneficial, especially for admins. So, there should be a more user-friendly dashboard appearance and easier-to-understand permissions.
Sarvesh Kumar Jha - PeerSpot reviewer
Provides great flexibility in terms of data transformation
I really like the flexibility the solution provides in terms of data transformation. Workday introduced Prism Analytics mainly because many clients wanted to merge data from different systems and then work with it to get some insights out of it. For that, they previously used tools like Power BI. Workday Prism Analytics gives you the power to do all the data transformations within Workday itself without taking out crucial data to a third system. I really like the way Workday has enabled Prism Analytics to be that one solution where you can bring everything. It also provides you the flexibility that things like the security model of Workday are still in place. You don't have to redo your security configuration if you do the data transformation outside Workday.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The initial setup was straightforward."
"The main difference that I like about Cognos compared to other solutions is its data splitting functionality. We have all our company data inside the Cognos environment and so we prefer to split the information Cognos itself. It's more efficient this way."
"A drag-and-drop interface for selecting creating ad hoc reports makes this product very easy to use."
"In terms of stability, I think that Cognos is more stable than Tableau and Power Bi because of its framework manager concept that allows us to import metadata and store it in the framework manager."
"Cognos is the best application with dashboards,batch reporting, jobs, events and ad-hoc reporting for business users."
"I have worked on the features like dashboards and stories, and I do like them a lot."
"One of the strong suits of Cognos is its robust corporate reporting capability."
"The most valuable features are Report Development (Functionality) and Information Distribution (Flexibility)."
"The most valuable features are the easy creation of reports, dashboards, and the ability to perform analysis. It is important for us to create reports because we have some operations during certain hours and we can use this tool to track the information."
"The product is intuitive and user-friendly."
"It has greatly improved our reporting capabilities."
"Easy to use and the visualization is valuable."
"In the early stage of an implementation, it not only helps decision making, but it allows people to have insight into problems with data so that they can go and get it corrected."
"Power BI allows you to create user defined charts which is really useful."
"We can see that it's really improved the way end users can do their own graphs and pick their own fields of information and present that in a nice way."
"The stability is good."
"The solution is stable and reliable, with minimal issues affecting its performance."
"The customer service and support are pretty good."
"The product is easier to use compared to other applications."
"Feature-wise, I feel that the solution's stability is good."
"I really like the flexibility the solution provides in terms of data transformation."
 

Cons

"The visualization aspect needs to be improved and I believe, this is being resolved in upcoming versions."
"One key area for improvement is the need to improve the self-service nature and functionality of the product in terms of visual analytics."
"It would be nice to offer free online training on the tool for end-users."
"The tool needs to improve the connectivity since I see that, at times, there is a need to increase the memory in the database."
"In terms of what could be improved, I would say, monitoring, monitoring, monitoring. Some improvements in monitoring would be helpful. I'd like to see more monitoring of specific reports and fields. The way the auditing is now is very limited, so I'd like to see more of that - of the monitoring."
"I would like to see the introduction of mapbooks for supporting some geographical information."
"This product could use improvement in terms of usability for those with less technical know how."
"We would like to see development of the product's UI function, to make it more of a UI tool that can be configured as required."
"I believe there is room for improvement in terms of authentication and certain functionalities in Power BI. For instance, adjusting the width of columns is not easily done, as there is only an option to enable or disable automatic adjustment. This can be a significant drawback for clients who desire more flexibility."
"Microsoft BI's visualization could be better. Though Power BI's visualization has steadily improved over the years, it's not on the level tools like Tableau and SAS or some of the more expensive products on the market."
"Compared to other applications, like Tableau, Microsoft BI doesn't have as many functions that allow you to do more in-depth analysis and represent the findings."
"Microsoft BI could improve by having better collaboration between developers working on the same dashboard. The developer platform is all done on a single laptop and it's difficult to have the same project files work. Two developers have to go back and forth. You have to have the project file on one developer's laptop making it difficult to co-develop."
"Its performance and stability can be improved. It takes time to load, and sometimes, it also breaks down for the whole region. Its usability could also be better, and it could also have more connections with different data sources."
"Microsoft should offer additional features for visualization and have additional features for slicing and dicing that data."
"Licensing could be improved."
"For someone who is new, I think that Power BI can be a little complicated."
"When you create certain objects, a lot of the time, the fields are text. They’re not numeric, date, or any other field type"
"One area for improvement in the solution is the ability to manually update individual rows or columns of data once it has been uploaded."
"The visualization techniques must be upgraded."
"There is not much flexibility in how we can add external data within Workday Prisma Analytics."
"It is not a very scalable product."
 

Pricing and Cost Advice

"It's more expensive than similar solutions like Tableau and Power BI."
"There is a standard license required to use this solution. There are some additional tools but I am not sure if they are an extra cost."
"It is quite pricy. I think Microsoft BI is cheaper. Tableau might also be cheaper, but it also depends on the usage. If you have very many users, Cognos can be a problem. It could be cheaper than Tableau but not for so many users. If you have a few thousand users, Tableau, which is generally quite expensive, can be cheaper than Cognos."
"The pricing and licensing policies are comparatively cheaper than other products in the market ."
"I don't know the exact cost, but I believe Cognos is quite expensive, especially when it comes to the support consultants and the procedures that need to be applied."
"Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."
"It is averagely priced."
"On a scale from one to ten where one is low pricing and ten is high pricing, I would rate this solution at eight."
"Downloading Power BI Desktop is free."
"Its pricing is reasonable for the desktop stuff, but for enterprise-level, it is a little expensive."
"It is based on the usage. If you're using it, you pay for it, and if you're not using it, you stop paying for it."
"We view it as an expensive product."
"The pricing is very reasonable compared to any other tool."
"There is room for at least 45% discount as compared to the initial price."
"Power BI is cheaper than Tableau and Cognos."
"I would advise that Microsoft BI products are rightly priced and the licensing is easy to follow and to fulfill."
"I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules."
"Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool."
"The solution is very expensive."
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Comparison Review

it_user79932 - PeerSpot reviewer
Feb 4, 2015
Comparison of SAP BO, Tableau, QlikView, Cognos, Microsoft, OBIEE and Pentaho
1. SAP BO/BI Enterprise scalability Security Ease of use Semantic layer 2. Tableau Visualization Data discovery Turnaround time 3. IBM Cognos Enterprise scalability Security In-memory feature 4. MS BI - Flexibility 5. Pentaho - Open source but still enterprise grade 6. QlikView Data…
 

Top Industries

By visitors reading reviews
Educational Organization
55%
Financial Services Firm
7%
Computer Software Company
4%
Government
4%
Educational Organization
42%
Financial Services Firm
8%
Computer Software Company
6%
Manufacturing Company
5%
Financial Services Firm
10%
Computer Software Company
9%
Insurance Company
8%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Seeking lightweight open source BI software
It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik ...
What do you like most about IBM Cognos?
The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.
What needs improvement with IBM Cognos?
I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...
Seeking lightweight open source BI software
There are many...It would rather depend what System BI architecture or Enterprise legacy you have at your end...I wou...
Is Power BI a complete platform or only a visualization tool?
Power BI is an advanced visualization tool oriented to big data with a very complete set of widgets to visualize info...
How does Oracle OBIEE compare with Microsoft BI?
Oracle OBIEE is great in allowing design and creativity per the individual needs of the organization. Dashboards are ...
What do you like most about Workday Prism Analytics?
Feature-wise, I feel that the solution's stability is good.
What is your experience regarding pricing and costs for Workday Prism Analytics?
Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool. In fact, that has been one o...
What needs improvement with Workday Prism Analytics?
I think there are still some gaps in the solution. There is not much flexibility in how we can add external data with...
 

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics
SSRS, SSAS, MSBI, MS Reporting Services, Microsoft BI Tools, Microsoft Big Data, Power BI Pro, MS BI
Prism Analytics
 

Overview

 

Sample Customers

More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.
Accenture Adidas Aetna AIG Airbus Alibaba Allstate Amazon American Express Aon AT&T Audi Bank of America BASF Bayer Berkshire Hathaway Boeing Coca-Cola Comcast Cisco Coca-Cola Dell Disney Emirates Equinix FedEx Ford GE Google H&M Home Depot Honda IBM Intel JPMorgan Chase Kellogg's Kroger L'Oréal McDonald's Merck MetLife Microsoft Nike Oracle P&G PepsiCo Procter & Gamble Prudential Financial SAP Siemens Snapchat Spotify Starbucks Target Toyota T-Mobile Unilever Visa Walmart WeWork World Bank Xerox
Denny's
Find out what your peers are saying about Microsoft Power BI vs. Workday Prism Analytics and other solutions. Updated: December 2024.
824,053 professionals have used our research since 2012.