Pyramid Analytics vs Sigma comparison

Pyramid Analytics and Sigma Computing are both solutions in the BI (Business Intelligence) Tools category. Pyramid Analytics is ranked #18 with an average rating of 7.8, while Sigma Computing is ranked #19 with an average rating of 9.0. Pyramid Analytics holds a 0.7% mindshare in BIT, compared to Sigma Computing’s 0.9% mindshare. Additionally, 87% of Pyramid Analytics users are willing to recommend the solution, compared to 100% of Sigma Computing users who would recommend it.

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Pyramid Analytics and Sigma based on real PeerSpot user reviews.

Find out in this report how the two BI (Business Intelligence) Tools solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Pyramid Analytics vs. Sigma Report (Updated: November 2024).

Buyer's Guide

Pyramid Analytics vs. Sigma

November 2024

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Helped 823,875 peers since 2012

Categories and Ranking

IBM Cognos

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 Pyramid Analytics is 0.7%, down from 0.8% compared to the previous year. The mindshare of Sigma is 0.9%, up from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

BI (Business Intelligence) Tools

Featured Reviews

Carlos Larrad Salgado

Deputy Director Operations Management Control at Mapfre

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.

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Shyam Pendyala

Manager, BI Platforms at Refinitiv, an LSEG Business at LSEG (London Stock Exchange Group)

A comprehensive and user-friendly business intelligence for enhanced data insight

When developing multidimensional IMDS models in Pyramid Analytics, there is a need for better features to maintain and analyze data. The application currently lacks the ability to easily track the original physical table and field names, making it challenging to relate them to business names. It would be desirable to have the possibility to generate a data dictionary, detailing the original physical tables, renamed fields, and derived fields. Such features would simplify documentation, facilitate understanding of how calculations depend on physical fields and aid in explaining the development process to others. Having this lineage and easy-to-generate data dictionary would greatly enhance the usability of Pyramid Analytics for developers.

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Erik Jones

Head of BI and Analytics at HyperScience

Streamlines reporting; like Excel on steroids

I think Sigma's dashboarding has room for improvement. They have a relatively limited number of visuals that you can use and sometimes I have a need for visualizations outside of the offerings that they have. I would like to see better visualization options. That would allow me to build out more visually pleasing dashboarding in Sigma.

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Quotes from Members

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

Pros

"It has a very powerful edit feature which allows users to back out of changes (undo) without forcing them to recreate entire reports."

"Previously, we were doing static reporting. Management would request a report, and it would take staff a week or more to provide it. With Cognos, we have dynamic reporting, and it has reduced both reporting and decision making times significantly. With the solution's dashboard, the company's management team has updated records at their fingertips. This means that they can directly access the data they need to make decisions."

"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."

"We use the account statement report. When you use an account in HSBC, you receive various types of accounts, such as the stock market, fixed accounts, credit cards, and business accounts. We can create one consolidated report called CCS support, which includes all these accounts. In that statement, we are consolidating all those accounts."

"The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools."

"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."

"Mapbox integration for geospatial analytics down to longitude/latitude layers."

"The solution's initial setup process is easy."

More IBM Cognos pros

"I think the most valuable Pyramid Analytics feature is the solution's ability to drill down and dice in the loop. I think it is better than InExcel or Power BI."

"It seems quite performant in analyzing multi-dimensional information sets and presenting them."

"The on-premise version has quite good scalability."

"The features I find most valuable are 'Discover,' 'Formulate,' and 'Model.' I use them regularly to build logic and create reports for my job."

"Pyramid has a wide level of uses, as it's a complete ETL process and has a good level of connecting to a lot of data sources."

"It proved to be a very powerful and useful tool due to its breakdown capabilities, easy reporting features, flexibility in building custom calculations, and the ability to integrate them into reports."

"The most valuable feature of Pyramid Analytics, outshining even top-tier platforms like Power BI, is its robust support for DAX queries."

"It offers a wide range of analytics options including statistics and visualizations, as well as prediction capabilities, allowing users to make forecasts based on the latest data."

"The tool's interface is easy to use. The functions listed as a part of the menu items are easy to use."

"Sigma is a great software for non-technical business users. If someone's familiar with pivot tables or Excel or Google Sheets, they should be able to pick up Sigma pretty quickly. There is a very low bar for onboarding."

"The most valuable aspect for me is having real-time data."

Cons

"The technical support team’s response time is slow and needs to be improved."

"I need improvements, particularly with the Framework Manager, which has an outdated user interface from older versions like IBM Cognos 10 or 8. Additionally, the Event Studio, which offered great flexibility in previous versions, is no longer available in IBM Cognos Analytics 12. These are areas that could be improved to enhance the product."

"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 is a costly product; it is comparatively expensive."

"There are many problems with the product's stability part, making it an area where improvements are required."

"Cognos charts are not as fast as those of the other tools, even with DQM (dynamic query mode)."

"IBM Support can be slow at times, but they can usually deliver in a timely manner."

"The performance is a bottleneck and something that can be improved."

More IBM Cognos cons

"I find that this is quite a heavy, time-consuming tool for developers."

"I think the graphic number of charts and components could be higher, at least comparable to Brain Power BI."

"There is room for improvement in terms of the user interface, particularly when it comes to modifying connections between filters and visual components in a dashboard."

"It would be desirable to have the possibility to generate a data dictionary, detailing the original physical tables, renamed fields, and derived fields."

"The general amount of negative comments that I am hearing from my team makes me very wary."

"Pyramid Analytics could improve by speeding up data refresh, especially for large datasets."

"Even though the solution has a functionality for every step, it's not so well- defined. That needs to be improved."

"There is room for improvement in terms of documentation and examples, especially for newcomers like me who are learning both business intelligence and Pyramid."

"The product's roadmap regarding introducing new features in the solution or new versions of the tool can be made better in the future."

"I would like to see better visualization options. That would allow me to build out more visually pleasing dashboarding in Sigma."

"The only minor area for improvement lies in handling highly complex visualizations."

Pricing and Cost Advice

"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."

"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."

"IBM Cognos is priced reasonable. However, it is more expensive than Power BI and Tableau."

"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."

"The cost of IBM Cognos it's more or less the same as most of the other solutions on the market. They're very competitive with the rest of the market and it is not the most expensive product."

"It is my understanding that the cost is very low. It's not very expensive."

"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."

"The pricing of this product is meant for medium to large-scale enterprises."

More IBM Cognos pricing and cost advice

"The licensing cost is not excessively expensive, but it does increase with the addition of new features and modules."

"The retail price is set at one thousand dollars per creator per year."

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Top Industries

By visitors reading reviews

Educational Organization

55%

Financial Services Firm

Computer Software Company

Government

Financial Services Firm

15%

Computer Software Company

12%

Government

12%

Insurance Company

Computer Software Company

17%

Financial Services Firm

16%

Manufacturing Company

11%

Healthcare Company

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 ...

See all answers

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.

See all answers

What needs improvement with IBM Cognos?

I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...

See all answers

What do you like most about Pyramid Analytics?

The most valuable feature of Pyramid Analytics, outshining even top-tier platforms like Power BI, is its robust suppo...

See all answers

What is your experience regarding pricing and costs for Pyramid Analytics?

I find the price of Pyramid Analytics to be quite reasonable, especially when compared to other tools in the industry...

See all answers

What needs improvement with Pyramid Analytics?

Pyramid Analytics could improve by speeding up data refresh, especially for large datasets. While it is currently an ...

See all answers

What do you like most about Sigma?

The tool's interface is easy to use. The functions listed as a part of the menu items are easy to use.

See all answers

What is your experience regarding pricing and costs for Sigma?

The viewer license is free, and the available licenses are for creators. The retail price is set at one thousand doll...

See all answers

What needs improvement with Sigma?

I have used the product on the cloud and the browser and found no issues with it. The product's roadmap regarding int...

See all answers

Comparisons

Microsoft Power BI vs IBM Cognos

Compared 13% of the time

Tableau vs IBM Cognos

Compared 10% of the time

Oracle Hyperion vs IBM Cognos

Compared 10% of the time

Amazon QuickSight vs IBM Cognos

Compared 8% of the time

SAP BusinessObjects Business Intelligence Platform vs IBM Cognos

Compared 7% of the time

More IBM Cognos Competitors

Microsoft Power BI vs Pyramid Analytics

Compared 49% of the time

Tableau vs Pyramid Analytics

Compared 22% of the time

Databricks vs Pyramid Analytics

Compared 12% of the time

Alteryx vs Pyramid Analytics

Compared 7% of the time

SAP Analytics Cloud vs Pyramid Analytics

Compared 6% of the time

More Pyramid Analytics Competitors

Hex vs Sigma

Compared 38% of the time

Apache Superset vs Sigma

Compared 20% of the time

Tableau vs Sigma

Compared 18% of the time

Microsoft Power BI vs Sigma

Compared 9% of the time

Amazon QuickSight vs Sigma

Compared 6% of the time

More Sigma Competitors

Product Reports

Buyer's Guide

IBM Cognos

December 2024

Download IBM Cognos product report

Buyer's Guide

Pyramid Analytics

November 2024

Download Pyramid Analytics product report

Buyer's Guide

BI (Business Intelligence) Tools

December 2024

Download Sigma product report

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics

No data available

Learn More

IBM

Video not available

Pyramid Analytics

Sigma Computing

Overview

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:

IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.
IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.
IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.
IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.
IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.
IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

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.”

The BI Office from Pyramid Analytics is a web-based governed data discovery and analytics platform. It integrates the four principal functions of any comprehensive BI strategy into a single, seamless application. Users can now analyze, present, report and predict on their data in a single application. Pyramid Analytics has native apps to cover the entire mobile spectrum, iOS, Android and Windows. With BI Office users can integrate SAP data with data from other sources giving them the right tools and better data to make data-driven decisions.

Sigma is the next-generation of analytics for cloud data warehouses with a familiar spreadsheet-like interface that gives business experts the power to ask any question of their data no matter the query.

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.

US Department of Veterans Affair, Volkswagen, Siemens, Blackboard, Hallmark, Orange, CDW, LA Fitness, Atelier GS, Memorial Healthcare, Acadia Insurance, BancoBic, Advanced Learning, Microsoft, Drake University

Snowflake, Fivetran ,Autodesk, Flowspace, Super League Gaming, Zumper, Clover, Volta, Olivela

Buyer's Guide

Pyramid Analytics vs. Sigma

November 2024

Free Report: Pyramid Analytics vs. Sigma

Find out what your peers are saying about Pyramid Analytics vs. Sigma and other solutions. Updated: November 2024.

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