Modern Business Intelligence (BI) solutions can be a very powerful game-changer for companies that embrace a culture of Analytics, however, navigating this newer tech can sometimes be overwhelming. How do the different tools compare to one another? Is this BI tool the right one for your business needs and goals? Does the underlying technology integrate with the modern workplace and scale appropriately across the Enterprise? We’ve written this blog to discuss and compare two popular business intelligence solutions to help you obtain the information you need to make a more informed decision.
Evaluating two BI tools against each other is not easy, especially when there are so many options on the market offering unique features and benefits. While we are a Microsoft partner, we also have many years of development experience with all major BI tool sets. That said, in this blog, we have chosen to compare Microsoft’s Power BI against IBM Cognos, to explore features such as customizable dashboards, projection and forecasting, usability, and unique features.
IBM Cognos Analytics provides businesses with an intelligent and intuitive self-service that guides them in developing insights from data for effective presentation. Cognos ensures that you meet all your organization’s Analytics requirements in one integrated solution that is deployed on premise or in cloud. With an interactive and intuitive web experience, users can add their personal touch to the content and make dashboards from anywhere, anytime.
Microsoft Power BI
Microsoft Power BI is a suite of business analytics tools crafted to help organizations efficiently examine information and share insights. Power BI transforms organization’s data into attractive and easy-to-understand visuals, making it simple for you and your team to gather information, and develop effective business strategies. The goal of the platform is to keep its user aware of everything, distinguish trends as they happen, and steer your business toward success. The platform allows users to track their business and derive performance indicators quickly and efficiently from comprehensive dashboards which can be viewed on all types of devices.
The platform your business ultimately selects is going to depend heavily on your future vision, strategy and the users’ needs. Before any business intelligence solution selection happens, we recommend defining those objectives. With a well thought out plan, you can determine which platform will help you execute all the layers of your plan, along with a timeline for your goals.
Author: David Bence, Managing Director of Business Analytics
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