Does the term “Business Analytics” intimidate you?
Maybe because you start calculating how much more money it will cost you to use business analytics software in your organization, or maybe it’s just because you don’t want to use something the clearly needs the existence of an IT person on your team (or even an entire department of IT professionals in your organization).
If you’re thinking on these lines, let us assure you – you don’t need to be afraid. If you’re still using spreadsheets for your planning, budgeting, forecasting, analysis and scorecarding, that’s what you need to be afraid of.
Because you are losing opportunities for your organization with limited corporate planning, reporting and analytics with spreadsheets.
It’s IBM Cognos TM1, of course.
Quoting directly from the IBM website, IBM Cognos TM1 is the planning, budgeting, forecasting, analysis and scorecarding software that is available an on-premise or on-cloud solution, and with extensive mobile capabilities too.
Simply put, it’s the power you need to report and analyze with business intelligence BI. TM1 is the multidimensional cubing engine from IBM, extremely powerful, able to handle enormous volumes of data and calculate answers as fast as a spreadsheet. And you can use it on a range of mobile devices, like an Apple iPad too. Imagine how useful it would be to coordinate and collaborate with even remote and distributed users?
If you’re familiar with spreadsheets already, think of TM1 as spreadsheets with more functions and capabilities. In short, TM1 is the preferred cube engine for Cognos BI, which means you can do planning, budgeting, forecasting, analysis and scorecarding on a much more powerful and sophisticated level, yet in the familiar and non-intimidating environment of a spreadsheet.
We keep referring to spreadsheets here because spreadsheets already have the reputation of being easy to use, even for those who are strictly “non-tech”. TM1 has been designed for people beyond your IT department. It’s meant to be used by EVERYONE in the organization for reporting and analysis, and many more functions and uses.
At Cresco, we provide you with the right tools to realize the full potential of IBM Cognos TM1 and go beyond spreadsheets. Make better business decisions with TM1 – we are right here to help you. Connect with us today.
How are you using spreadsheets in your organization? Tell us!