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MicroStrategy vs ThoughtSpot 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)
MicroStrategy
Ranking in BI (Business Intelligence) Tools
8th
Average Rating
8.2
Reviews Sentiment
5.7
Number of Reviews
159
Ranking in other categories
Embedded BI (3rd)
ThoughtSpot
Ranking in BI (Business Intelligence) Tools
17th
Average Rating
7.6
Number of Reviews
8
Ranking in other categories
Data Visualization (11th), Embedded BI (7th)
 

Featured Reviews

Carlos Larrad Salgado - PeerSpot reviewer
Jul 27, 2022
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.
Pietro Saglietti - PeerSpot reviewer
Sep 26, 2023
A robust solution for powerful data analytics
I use its Discovery Analytics feature, particularly in the context of KPI analysis for management It plays a vital role in establishing a connection with predictive continuous improvement. This approach proves highly valuable for teams involved in continuous improvement efforts, especially in…
Anthony Fiorino - PeerSpot reviewer
Nov 14, 2022
You can drill down into any data right out of the box, with a straightforward deployment, and great support
The most valuable feature is probably the core functionality itself, which is the ability to search and drill down into any data right out of the box. Of course, there's data modeling needed, and things like that, but I can throw it at a set, and I can get up and running in a matter of hours. If a new group comes to me and says, "Hey, I've heard about ThoughtSpot. I have some data and I want to be able to do some analytics, do some profiling, do some BI against it." In a couple of hours, I connect to their source and I just do it. Now for a production product, we have to model and perform it over time, but at least I can get people up and running extremely fast with a tool that's intuitive and easy to use.

Quotes from Members

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

Pros

"Self-service is possible through the use of dashboards, which are also very intuitive. Stories can be used to pin snapshots, tell the story for meetings, etc."
"Comparing IBM Cognos to other applications, once a person is trained on it or they have developed a skill set to operate the application, it is best in its category."
"If they want dashboarding, storytelling, and analyzing why KPIs are met or not, then Cognos is a better candidate than Qlik Sense."
"Using custom controls, it is possible to extend the application with even more functionality and make the application intuitive and attractive."
"The tool can join data from different sources, write back to databases, generate alerts, and be customized to our preferences. It's an enterprise BI tool that's more powerful than just visualization tools like Power BI or Tableau."
"The most valuable feature of IBM Cognos is security. The solution has updated features that other competitors' solutions come out with long after IBM Cognos has had them."
"For planning, forecasting, in-boxing, modeling in general and for predicting numbers and doing work analysis, they are excellent."
"It's enabled us to report directly from our main application systems. We're removing islands of data and we're removing inefficiencies, where people or small divisions had their own store of information."
"Stability is great, especially with package deployments. It is very consistent and stable."
"The solution is a very good enterprise tool with excellent enterprise functionality for security and user access. It also works perfectly in distribution, with everyone getting their own reports. It is very complex, so you can do whatever you want. If you want to make some data limitations, you can do it. I also like the internal in-memory engine with the Symantec layer. This makes the solution pretty powerful."
"The option to use various administrative tools, like Integrity Manager, is a valuable feature."
"It was easy to install and implement a report with it."
"The most valuable feature is the ability to actually embed actions, comments, being able to leverage Transaction Services to embed the tool into a business process."
"If you have data, it is not that complex. It's manageable even for end users."
"The ability to integrate with PPT is another plus. The platform's ability to write back data directly to the database is also good."
"It is one tool which you can find everything. ​"
"I like ThoughtSpot's search capabilities. You can also create custom analytics even if you aren't an experienced data analyst. We have users with no data analytics experience making some of the dashboards we've created, copying components, and customizing them to their specific use cases."
"ThoughtSpot takes the modifying of existing reports out of our hands."
"The initial setup was very straightforward."
"It is easy to set up the solution."
"The scalability is good."
"It's easy to drill down or expand data to get more details right out of the box."
"The ability to do ad hoc explorations of data has been most valuable."
"I would say the return on investment is good. Whatever we invested, we got results. We have been finding it easy to use and onboard new use cases."
 

Cons

"IBM Cognos's error messages seem to be a bit ambiguous. An error will be encountered and a message will be sent out very ambiguous and after investigating the error message it could be any number of issues. There was never a direct answer to the question or a direct answer to the error messages. Sometimes it would be a generic error message for 21 different solutions. It wasn't very specific, which required a lot of digging around and trial and error trying to fix the problem. The messaging in their error messaging is something needing improvement."
"The AI-based features could be further enhanced by the solution."
"I would like for the platform to become more standard. If we make a development on our report and our dashboard, it will not be used in another solution. That means there is no portability for the developers."
"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."
"There are some problems with how Cognos handles huge data sets and when connecting with multiple sources and searching the data."
"It would be better if it is was easier to implement without extensive training for it."
"The solution seems to slow down the servers."
"The high cost of a license makes it hard to scale up on a budget."
"We've found the scalability to be very good. However, it depends on the environment. In general, it could be much better."
"MicroStrategy should improve migration automation. Additionally, I would like there to be better partnership support."
"Consolidate the functional offering to be more concise in the front-end for web reports, dashboards, and self-service."
"There is room for improvement in data visualization."
"In the developer, there are things that you able to do in a document or a report that you are not able to do in the Dossier."
"We have seen some stability issues with MicroStrategy on cloud. We have a few unhappy customers."
"The interface you can design in MicroStrategy is great, but I feel it needs to be refreshed, add a bit more functionality. I would like to see more capabilities on the mobile side, to bring it on par with apps that you see in the App Store."
"There are some challenges in our organization on how we store the data."
"The one area of the solution that I do hear needs improvement is on the visualization front."
"In terms of features, I'd like to be able to pivot data - for example, going from rows to columns. It's not easy to do."
"A customized visualization is lacking in this product."
"The dashboards could give you more ability to fine tune the appearance. You get a great deal more control over how something looks in Power BI than you do in ThoughtSpot."
"ThoughtSpot is a fairly new product, so some usability aspects aren't as mature as we'd like them to be. One example is their organizational methodology, like how objects are organized in their dashboards inside the product. They're all on a flat list, which works if you've got five or 10 dashboards. However, it's insufficient when you're a large enterprise with multiple groups looking at the same dashboards. It isn't organized well."
"The most difficult thing I found is that it only deals with the files and does not have direct connectivity to databases."
"I would like to see more flexibility in adding the pins. Currently, we have four different sizes in which I can add pins, but I would like to be able to resize my pins."
"If I want to order columns, this feature is not there."
 

Pricing and Cost Advice

"IBM Cognos price is on the higher side of the spectrum. However, with the features that it brings, such as correlation analysis, it's worth the money. They should look at the pricing more clearly because it's a little on the higher side."
"My company uses IBM Cognos with another IBM product, so I think only one license is used."
"The licensing costs are a little bit higher for IBM Cognos. I don't think there is any additional cost apart from the licensing charges."
"There is need to assess the purchase license accordingly so as to avoid audit penalties."
"I rate the product price as four or five on a scale from one to ten, where one is a low price, and ten is a high price."
"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."
"Pricing should be improved."
"IBM Cognos is priced reasonable. However, it is more expensive than Power BI and Tableau."
"The price of MicroStrategy is reasonable."
"We are waiting to switch to Microsoft Power BI because MicroStrategy is too costly."
"It is expensive. We would like to extend it to many users, but we are currently restricting that because the cost is a constraint. If we are given a chance, we would love to expand it."
"The price was good. We have had great support along the way."
"Additional costs are associated with maintenance."
"Pricing, in general, is high. With Power BI, you get mobile with the license, whereas with MicroStrategy, you have to purchase mobile for extra."
"There have been actual direct bottomline impacts in terms of extra revenue created from the reporting solutions."
"All BI software vendors' list prices are high. It's about a price that fits the customer's needs. And I think MicroStrategy has some flexibility in its pricing model where we can easily demonstrate a total cost of ownership comparison against any of the other players."
"I give the pricing a six out of ten."
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Comparison Review

it_user6330 - PeerSpot reviewer
May 2, 2013
MicroStrategy vs. Tableau
After a recent presentation, several attendees asked me about the applications of Visual Insights and Tableau. Many companies are investing in both tools and are trying to figure out the right tool for specific applications Tableau has found its sweet-spot as an agile discovery tool that analysts…
 

Top Industries

By visitors reading reviews
Educational Organization
57%
Financial Services Firm
7%
Computer Software Company
5%
Government
4%
Financial Services Firm
18%
Computer Software Company
10%
Retailer
8%
Insurance Company
7%
Financial Services Firm
24%
Computer Software Company
11%
Manufacturing Company
10%
Healthcare Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

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...
What do you like most about MicroStrategy?
The stability of the product is good.
What is your experience regarding pricing and costs for MicroStrategy?
For larger businesses, I think the pricing is logical, but for smaller companies, it can be a bit costly.
What needs improvement with MicroStrategy?
There is room for improvement in data visualization. Compared to other BI tools like Power BI, MicroStrategy is stron...
What do you like most about ThoughtSpot?
It's easy to drill down or expand data to get more details right out of the box.
What is your experience regarding pricing and costs for ThoughtSpot?
I like the pricing structure. I get billed by how much data I put in, not how many people are looking at the data. It...
What needs improvement with ThoughtSpot?
We'd like more flexibility with the calendar as our fiscal year does not align with the calendar year. We have to loa...
 

Comparisons

 

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics
No data available
No data available
 

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.
Allstate Insurance, Barneys New York, Boston Children's Hospital, Buenos Aires Department of the Treasury, Campbell Soup Company, DHL, eBay, eHarmony, Facebook, Four Seasons Hotels Inc., Godiva, Hard Rock International, LinkedIn, Netflix, Pfizer, SECO (Swiss Government Unemployment Agency), Starbucks, Texas A&M University, Thomson Reuters Markets, US House of Representatives, and the US Postal Service.
Primary Capital Mortgage, Sterling Backcheck, RichRelevance, Rambus, Batteries Plus Bulbs
Find out what your peers are saying about MicroStrategy vs. ThoughtSpot and other solutions. Updated: October 2024.
814,649 professionals have used our research since 2012.