IBM Cognos TM1 Training in Hyderabad

Why do we need IBM Cognos TM1?

Any enterprise, or an individual needs Cognos to automate the Data analysis, and visualization task. It also helps in predicting the future trends which could ensure in taking a key business decision.

Who is the right audience for learning Cognos technologies?

Anyone who is interested in data visualization to make intelligent decisions should learn Cognos as it is easy to use, and provides a whole lot of features based on the needs.

How this technology would help you in career growth?

• It would open the doors for any professional in the analytical space as Cognos is an important tool to learn because of its multiple usage and acceptance by different organizations.
• IBM Cognos TM1 version 10 has now been around for a good while and has already gone through several minor and major updates. The move from version 10.1 to 10.2 itself was a significant change, even though it was within the same release stream. The key updates included the move from .Net to Java as the main platform and support for multi-threading queries.
• Despite all these changes and updates, the underlying framework and structures remained the same. Despite the addition of CAFÉ, which delivered significant optimization of performance and flexibility for users over a wide area network, most interfaces have not changed for a number of years.

What’s next for TM1?

• IBM have been aware of some customer frustrations with the TM1 interfaces for quite some time. Performance Modeler and Application Web server were a step in the right direction but they were more aimed at the Cognos Enterprise Planning market for ease of transition. Interfaces such as Architect, which are still heavily relied upon, haven’t seen a major update since the start of version 9.
• It seems that IBM plans to address these issues in the next release through a tool called “Prism”, which is currently in Alpha phase. It is not entirely clear and known what the new interface will look like as IBM is playing their cards close to their chest, however rumors have it that it will be a significant upgrade and will close the gap to some of the other analytics and visualization platforms. What has been confirmed thus far is that Prism will replace Architect and Perspectives.
• IBM provided an overview of Prism at their IBM Vision 2015 conference in Orlando in May 2015

Massive leap forward for TM1

• Even though only a small amount of information is available, it is clear that IBM is making a heavy push to further enhance the system and is determined to strengthen its position on the market by committing resources. This enhancement to the front-end of the tool would be a welcome and refreshing improvement that will go a long way in streamlining the overall usability.
• Time will tell if Prism will live up to its promise but the development seems to be moving in the right direction.
• Cognos Workspace is a new tool for Cognos Business Intelligence that allows the end users to develop and share their dashboards. The product is designed to make it easy for the end users to choose the data that is most important to them and to consolidate it in one location.
• Ibm Cognos Workspace, you can customize the color schemes of your objects and change the chart type of your charts. You can also add comments and share the reports. Cognos Workspace makes it easy for the users to access the information on their own without having to create their own queries. In short, it is the perfect tool for power-end users that know the information they want but do not have an understanding of the underlying data.

Pros

Cognos Active Reports are transportable

• They can be e-mailed
• They can be stored on jump drives
• They can be saved to shared areas of a filesystem

Cognos Active Reports are great for offline consumption

• You can execute them while away from the office
• Field employees can access data without an Internet connection
• Users can work in remote locations, such as airplanes

Cognos Active Reports work with iPads

• Executives want this
• iPad usage is often synonymous as ease-of-use

Cognos Active Reports can be flashy

• Flashy information is more likely to be consumed than basic information
• The wow factor is likely to bring positive attention to your business intelligence group