What is Cognos?
Cognos is a Reporting tool from IBM which helps in reporting and analysis of various data from a data warehouse. Cognos is IBM’s business intelligence (BI) and performance management software suite. The software is designed to enable business users without technical knowledge to extract corporate data, analyze it and assemble reports. It is basically a 3 tier architecture.
Cognos software is currently used to help businesses gain a better understanding of their financial performance strengths and weaknesses as well as help set targets and effectively allocate the resources necessary to achieve those goals.
Cognos-reporting can perform multiple functions such as analyze expenditures all through the organization, track profitability of the products in a company’s portfolio, monitor business environments and determine business frauds and anomalies. This tool remains at the performance management software suite of business intelligence with IBM. The software is designed to allow business users with no technical knowledge to take out company data assemble it and analyze reports.
It is built on open standards, the software products can be utilized with multidimensional and relational data sources from several vendors, including NCR Teradata, Microsoft and others. The latest BI suite’s capabilities comprise activities of analyzing, reporting, scorecards and dash boarding, delivered through a web based Service Oriented Architecture (SOA).
IBM also offers Cognos Express, which is designed for small to mid-sized companies. The Express edition allows companies to utilize the functions of Cognos 8 BI, while also adding planning, budgeting, and forecasting functions.