The IBM Cognos TM1 10.1 release (February 7) has been described as the product's greatest advance. Its revolutionary capabilities fuse on-demand, personal analytics with planning and reporting to help finance and lines of business drive decision-making and better business outcomes across an organization with unprecedented agility.
TM1 has always been a favorite of customers with its environment that supports the full range of planning planning, budgeting and forecasting requirements, real-time what-if scenarios and calculations, and its on-demand approach to consolidating, viewing, and editing enormous volumes of complex multidimensional data.
And the best has gotten even better in the TM1 10.1 release, providing:
Cognos Insight, a new personal analytic desktop client for data discovery and planning contribution – for personal, workgroup and enterprise levels.
With IBM Cognos Insight, individual users can access IBM Cognos TM1 which accommodates the non-spreadsheet user. Users can pull data of their choice onto the desktop — from managed or personal sources and without the assistance of IT — and build plan prototypes with personalized dimensions and hierarchies, and run what-if scenarios on the plan data.
Cognos TM1 Performance Modeler, with its advanced modeling environment, provides the seasoned planner with a full array model building tools that easily support rapid prototyping or deep linking of models to meet the broad range of enterprise planning and profitability analysis. A finance or business analyst can now easily design a planning and analysis solution, such as an expense, revenue, headcount, or capital plans.
Cognos Analytics Server with a new distributed architectural advances for unrivaled performance, scale and interactivity. Today’s Analytic Server lets a company choose centralized and distributed deployment methods for its planning activities, depending upon the level of interactivity. The thin client – TM1 Web -- supports centralized planning. The distributed process supports higher levels of planning participation, boosting user contribution.
The high-performance OLAP engine at the core of Analytic Server enables on-demand, in-memory analytics for complex data/large data sets with real-time query and calculation performance, so users can quickly analyze frequently-changing data for millions of items, such as SKUs or transactions.
Driving alignment and dynamic decision-making across an organization
With these new capabilities, you and your company's planning teams can:
- Transform the ways in which you analyze and contribute to plans
- Speed new ideas for plans into action with simplified modeling
- Enable your planning teams to work together better and faster
- Deliver high-performing systems that readily scale for the enterprise
- Support user-driven design and innovation.
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