Cognos 8 Business Intelligence delivers intelligence capabilities on a single platform.
by Elizabeth Millard
Data is invaluable to a company, but it can spawn a disorganized jumble of information about financial transactions, sales figures, inventory
and customers. So how can an enterprise know the data is being delivered together in a meaningful way? For Cognos customers, the answer is
business intelligence (BI). With BI, executives understand how the company is performing, can forecast changes and answer the question: "What
should we be doing?"
The missing pieces
J-Doe Industries, a fictitious but typical company, has reached a critical point in its growth, with large amounts of data that could be
useful if connected together and made available across the organization.
Unfortunately, J-Doe segregated its data in silos according to department, resulting in sluggish operations and communication gaps between
functions and management levels. Management had to collect data from separate areas of the business and cobble it together to create the
"big picture." This is a difficult, time-consuming and expensive way to complete the puzzle.
A good fit
Many companies are in the same situation as J-Doe. They lack the analysis and reporting capability that can propel them forward and provide an
understanding of how performance affects the business from one end to the other.
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Cognos 8 connects to the Teradata enterprise data warehouse without requiring external caches. This allows users to
easily leverage the business value within the data warehouse.
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These companies found that using a Teradata enterprise data warehouse and Cognos in combination brought the kind of unity necessary for
boosting BI, performance management, planning and reporting.
Cognos 8 Business Intelligence delivers the full range of intelligence capabilities—reporting, analysis, scorecards, dashboards and business
event management, as well as data integration, on a single, proven platform.
With its data warehouse expertise, Teradata provides the structure for the data, pooling all of the information into one stable, easily
accessed, enterprise location that Cognos effectively leverages to deliver BI.
To keep its customers on track, Cognos 8 BI scorecards help boost the capability of conventional reporting by allowing users to set their own
targets.
The dashboards developed by Cognos bring together the information from diverse corporate systems and present the information in a dynamic view
of business conditions. J-Doe created a single page with four different sections to gauge its progress worldwide. The view showed quota levels
by country and compared countries against each other.
At the heart of financial reporting and regulatory compliance, the financial consolidation feature in the Cognos 8 Controller empowers its
clients to tap into a single, common chart-of-accounts structure.
With Cognos 8 Controller, J-Doe reduced its reporting cycles by days in some situations, by weeks in others. The product enabled J-Doe to add
pre-built rules and calculations to scorecards, and its single version of financial data allowed the company to better plan and forecast, as
well as to evaluate financial results across multiple currencies, legal entities and countries. J-Doe also uses the search functionality as
its main enterprise search engine.
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PRODUCT
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Cognos 8 Business Intelligence
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PRODUCT STATS
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Delivers a simplified BI environment with planning and consolidation software and services
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LATEST RELEASE
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February 2007
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BENEFITS
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Helps companies plan, understand and manage financial and operational performance
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COMPANY STATS
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Cognos is the world leader in BI and performance management solutions. Founded in 1979, Ottawa, Ontario, Canada.
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Underlying the various reporting options of Cognos 8 BI are its analysis capabilities. Cognos 8 BI enables guided exploration and analysis of
information in all dimensions of a business, regardless of where the data is stored. Teradata/Cognos customers have the flexibility with
Cognos 8 to conduct this analysis and report against dimensionally modeled relational sources directly in the Teradata Warehouse and online
analytical processing (OLAP) sources.
A complete picture
Together, Teradata and Cognos provide an integrated solution that can illuminate root causes of issues within an organization. The solution
allows C-level management to communicate strategic initiatives quickly and effectively. Enterprise leaders can track the progress on different
initiatives, thereby increasing accountability and ownership among employees and, subsequently, positively affecting performance.
This type of enterprise planning boosts collaboration within an organization so teams can make better strategic and operational decisions.
A company may use Cognos to quickly and painlessly segment customers according to factors such as industry, geography or sales history. This
provides fresh insight into how to tailor marketing campaigns, change pricing or gauge the popularity of new products.
Since everyone from an intern to the CEO can use Cognos 8 BI, thanks to its intuitive interface, the tool set connects every level of the
organization together. Time and energy can be saved by going straight to setting goals, planning strategies and analyzing reports created by
Cognos 8 BI.
For every company, time is money. Hours spent tracking down data or rooting through databases are costly, and prevent a company from doing
what it should be doing: improving performance and increasing intelligence. T
Elizabeth Millard writes about technology.
Teradata Magazine-June 2007
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