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Reliable software with all the functionality needed for FPM and OPM
What do you like best about the product?
The multi cube approach for multi solution which makes allows much faster build of solutions, the immediate update, multi user, integration with Excel
What do you dislike about the product?
Needs a bit of understanding of the functionality before one can really built a solution
What problems is the product solving and how is that benefiting you?
Mostly Financial Planning, budgeting and forecasting but as well operational planning. in-depth analysis, sales analysis and forecasting.
Recommendations to others considering the product:
The latest release, IBM Planning Analytics, has some great new functionality which can seriously impact the current and new solutions build on TM1
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cubes are cool
What do you like best about the product?
ability to slice and dice my data. imbed into cognos, powerpoint
What do you dislike about the product?
user interface was archaic, too much like excel
What problems is the product solving and how is that benefiting you?
budgeting and planning
Best OLAP solution
What do you like best about the product?
- Ease of use
- ability to proces gargantous amount of data
- replaced most of the manual excel work
- ability to proces gargantous amount of data
- replaced most of the manual excel work
What do you dislike about the product?
- hard to deploy
- requires heavy duty servers
- requires heavy duty servers
What problems is the product solving and how is that benefiting you?
- Replaced lots of manual work
- No need to work in excel
- No need to work in excel
Data analyst's must
What do you like best about the product?
As a data analyst, I deal with a lot of data. I like to look at the same data in multiple views, with different filters, historically, etc. However, that means that I will have to create multiple files. With TM1, I don't have to do that. Once I export it to Excel as a formula driven file, all I have to do is edit the cell that it is pulling from. For example, if I want to see 2016 data when I pulled 2017 data, all I have to do is change the cell that contains 2017 into 2016 and press F9 (which will refresh the page).
What do you dislike about the product?
I dislike that it takes a longer time for the file to process if the file has a lot of data. Also, if the file exceeds a certain amount of lines that it will export, it won't work, which means there is a limit to the amount of data that you can work with. Also, it isn't super flexible with the reporting. You can export it so that it has no layout or the given layout. However, the given layout looks old.
What problems is the product solving and how is that benefiting you?
We use TM1 for budgeting, forecasting, and anything related to financial planning. We have different cubes for different purposes and can be used by many different users because it is versatile.
Recommendations to others considering the product:
It definitely takes time to understand it as a user. However, if you are doing more than pulling data and exporting it, such as creating a separate cube, you will definitely need training from IBM or take a professional course.
Old but efficient
What do you like best about the product?
IBM Cognos TM1 is trustworthy. I really like that you can export the file into two different forms: one with formulas and the other without formula. With a simple change in the filter, it can change the data on the worksheet. It is very simple if you are careful with it. If you work with data analyzing, this product will come in handy for you.
What do you dislike about the product?
The bigger your data is the longer it will take for your file to reload. Sometimes, it might take 20 minutes depending on how big your file is. People that are not patient like me, will need to go for a walk or something. Also, it is very unforgiving. If you make even a slightest spelling error, your entire file will reload as error.
What problems is the product solving and how is that benefiting you?
We use TM1 for many different projects. One of the biggest project is budgeting. We will look at the historical data of the expenses and compare it from year to year. Then we will compare to what the regional managers have put it and see if their planned budget is pragmatic or not.
Recommendations to others considering the product:
They should look into how they can make the report look better. Often times, we have to edit how the file look. If TM1 can spit out the information in a way that it looks more presentable, that'd be great.
Timeless
What do you like best about the product?
What I love the most about TM1 is how I can create both a values file and a formula driven excel file. If I'm creating a report, I can just create a template with the formulas embedded so all I have to do is change the month or the year. After I refresh the page, it automatically updates the page.
What do you dislike about the product?
I don't like the template that it comes with the product. It makes my report look very old-fashioned. The interface of the product can be modernized. Also, if the system is down I can't do my job. I also don't like that there is a limit to how much data I can pull out.
What problems is the product solving and how is that benefiting you?
I utilize this product to do many things. I can see the monthly budget with TM1. I use TM1 to either create a report or to analyze different accounts.
Recommendations to others considering the product:
TM1 needs more update and make it more user friendly. It is very intimidating at first.
Google Cognos
What do you like best about the product?
Ease of use in drag and drop to create queries
What do you dislike about the product?
Steep learning curve at first and lack of training
What problems is the product solving and how is that benefiting you?
Used widely in data analytics throughout state government.
TM1 Cognos
What do you like best about the product?
Efficiency to manipulate and share massive amounts of data.
What do you dislike about the product?
There really is nothing I dislike. Sometimes with large data manipulations it churns for a bit. But that is understandable so I can't complain.
What problems is the product solving and how is that benefiting you?
Sharing large amounts of data with SEVERAL audiences. Benefits are altering financial and manufacturing forecasts in a timely fashion and seeing the views of data we need to see.
Recommendations to others considering the product:
Get it, make sure you have engineer experts to troubleshoot it though.
Flexible tool for adhock reporting
What do you like best about the product?
I like Cognos general adaptability around most any data set, its robust reporting logic and platform is very diverse and can fit many business needs.
What do you dislike about the product?
THe UI is somewhat dated looking and the error messagening is not the worse I have seen but, could use a slight improvement.
What problems is the product solving and how is that benefiting you?
We use it for our SaaS platform. Adapting it to all of our modules which are highly customized and each client has a different set of fields and workflow logic associated with their data
Recommendations to others considering the product:
We have very difficult reporting needs on our tool. This product was able to facilitate our adhock reporting model. Gave us the flexibility to allow our customers have as much or as little control of the tool as we though was logical. Giving them to many options would be overload of information and to little they cant successfully run their data and manipulate it as needed. Setup was a longer process and we ended up building an automated framework tool from our servers. The framework setup did take some time when done manually and the learning curve for using the reporting site took time as well to learn due to its complexity. But once done with our beginning milestones the tool has been a stable platform.
Great product easy to use
What do you like best about the product?
The ability to apply large amounts of data and get accurate projections
What do you dislike about the product?
Challenging for users to update information
What problems is the product solving and how is that benefiting you?
Business planning and follow up
Recommendations to others considering the product:
Good product very easy to use and provides a lot of information
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