Axiom Software by Syntellis Performance Solutions vs. IBM Cognos Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Axiom Software by Syntellis Performance Solutions
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Syntellis Performance Solutions provides enterprise performance management software, data and analytics solution for healthcare organizations, financial institutions, and higher education institutions. Axiom arms finance teams and executives with tools for budgeting, forecasting, planning, and reporting, so they can analyze results, model the future, and make more strategic decisions. Their solutions include enterprise planning, cost and decision support, and financial and clinical…N/A
IBM Cognos Analytics
Score 6.9 out of 10
N/A
IBM Cognos is a full-featured business intelligence suite by IBM, designed for larger deployments. It comprises Query Studio, Reporting Studio, Analysis Studio and Event Studio, and Cognos Administration along with tools for Microsoft Office integration, full-text search, and dashboards.
$10
per month per user
Pricing
Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
Editions & Modules
No answers on this topic
On Demand - Standard
USD 10.00
per month per user
On Demand - Premium
USD 42.40
per month per user
On Demand - Standard
USD 10.60
per month per user
Offerings
Pricing Offerings
Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
Considered Both Products
Axiom Software by Syntellis Performance Solutions
Chose Axiom Software by Syntellis Performance Solutions
When we shopped for Axiom, there really wasn't any comparable product on the marketplace that we could find. It has a full suite of products (including some we don't use like capital management, profitability, productivity, and benchmarking), and everything was in "one place." …
Chose Axiom Software by Syntellis Performance Solutions
Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression …
Chose Axiom Software by Syntellis Performance Solutions
The only other system I have worked with was the Fiserv MPC product, which is what we had Axiom replace. The Fiserv MPC product does not even come close to the functionality of Axiom. For our Budget, we would have to run an Excel Macro in Fiserv MPC overnight which took about …
Chose Axiom Software by Syntellis Performance Solutions
wasn't on the evaluation team
Chose Axiom Software by Syntellis Performance Solutions
Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more …
IBM Cognos Analytics
Chose IBM Cognos Analytics
Tableau, Power BI, QlikView were the other options considered. Tableau lacked the following key components of business intelligence and analytics. Some other statistical functions that are available on the platform were not matched by Power BI. QlikView lacked robust …
Chose IBM Cognos Analytics
We selected IBM Cognos Analytics based on the following. The scalable and robust features for large organizations allowing it to grow as we do. The nest feature is the strong data governance and security features. It also supports a wide variety of data sources. Lastly, it …
Chose IBM Cognos Analytics
It was due to trust in IBM. Very good support provide by IBM. Response time is pretty good
Product is proven in past & well robust feature
Many good enterprises have used this product
Chose IBM Cognos Analytics
My company selected IBM Congos Analytics because of its advanced features and data representation for data analysis. Its row and column features are very effective for creating dashboards and reports to visualize data. It's chart representation and view format are very …
Chose IBM Cognos Analytics
Not to be compared. Completely different products.
Chose IBM Cognos Analytics
It does well however, we need more user friendly interfaces, integration options and visualizations.
Chose IBM Cognos Analytics
IBM Cognos Analytics is our legacy BI solution. It hadn't stacked up well against its modern contemporaries. We are thinking of replacing it with Microsoft BI.
Chose IBM Cognos Analytics
Cognos provides very advanced analytics functionalities, maybe even more advanced than the competition, and works great when used in collaboration with Watson. However, Tableau and other newer products are much better regarding overall usability.
Chose IBM Cognos Analytics
We looked at Qlik Sense, SAP Analytics Cloud, and IBM Cognos Analytics for our financial brand's needs. Qlik Sense is super user-friendly, great for quick data digging. SAP Analytics is perfect when we're working with other SAP stuff; it just clicks. But for our big project, …
Chose IBM Cognos Analytics
IBM Cognos comes close to Data Central. It has some pros & cons over Data Central. Pros: 1. We use the tool for data modeling as it helps in predictive data analysis for complex data, which is very much in line with real-life scenarios. 2. Has a mobile application that works …
Chose IBM Cognos Analytics
IBM Cognos has a lot more deep, robust, AI-driven Business Intelligence features that remove some of the manual work. Automation is a lot more seamless and ease of making data available and digestible by several non-technical business partners.
Chose IBM Cognos Analytics
Cognos Analytics provides wide range for reporting, data visualization, and self service analytics. Cognos has strong security and governance features. Sigma computing is purely cloud native approach and has spreadsheet like interface and doesn't provide many customization …
Chose IBM Cognos Analytics
I feel like IBM Cognos Analytics offers a more in depth look into the business’ analytics and data and has more functionalities with AI.
Chose IBM Cognos Analytics
While all of them have their own advantages. IBM Cognos Analytics is highly scalable and have unmatched data analytics capabilities which makes the data from IBM Cognos Analytics of very high quality and data governance also makes sure your data is safe and protected.
Chose IBM Cognos Analytics
IBM Cognos Analytics is a relatively late entrant in the BI space - dominated by Tableau and Qlik. it works well for 80% of our use cases and is easy for a non technical user to start using. Also due to enterprise licensing, its easier to distribute internally.
Chose IBM Cognos Analytics
In the past Management had used Excel and Workiva capabilities to create the reporting dashboards that were being used to make decisions. Since switching to IBM Cognos Analytics the Company has been much more efficient and decision making has been streamlined. IBM Cognos …
Chose IBM Cognos Analytics
I like the cloud native character and ease of deployment with Sigma and ThogthSpot, I also like the metadata modelling capabilities of Power BI. I prefer the ability of Cognos to create and publish a metadata model that provides both ad hoc access and managed reporting and …
Chose IBM Cognos Analytics
They are better in Dashboarding and performance analysis.
Chose IBM Cognos Analytics
Microsoft Power BI has a more user friendly interface and it is integrated very well with the other Microsoft products but IBM Cognos Analytics has a more advanced reporting and complex data analysis capabilities.
Chose IBM Cognos Analytics
We have alot of resources already invested in Cognos and it would be a humongous effort to migrate. CA is more inline with Power BI and Tableau now that there are dashboarding capabilities.
Chose IBM Cognos Analytics
We could deliver a corporate wide solution with Cognos, it is an end-to-end platform. No other option provided the same breadth of scope. I can't think of a feature that the others provide that Cognos lacks, but the others do not provide the same features and governance of …
Chose IBM Cognos Analytics
No need to physically share data with developers, users. All we need is to send the server URL.
Chose IBM Cognos Analytics
IBM Cognos Analytics with Watson is an enterprise ready tool and could provide end to end functionality expected from a BI tool. Provides integration with custom applications as well as provides not just high end visualizations that Tableau or PowerBI provides but also the very …
Features
Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.9
Ratings
33% below category average
IBM Cognos Analytics
-
Ratings
Long-term financial planning5.70 Ratings00 Ratings
Financial budgeting7.70 Ratings00 Ratings
Forecasting5.70 Ratings00 Ratings
Scenario modeling3.80 Ratings00 Ratings
Management reporting6.40 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.4
Ratings
58% below category average
IBM Cognos Analytics
-
Ratings
Financial data consolidation2.90 Ratings00 Ratings
Local and consolidated reporting5.40 Ratings00 Ratings
Detailed Audit Trails4.80 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.1
Ratings
45% below category average
IBM Cognos Analytics
-
Ratings
Financial Statement Reporting6.80 Ratings00 Ratings
Management Reporting5.60 Ratings00 Ratings
Excel-based Reporting5.10 Ratings00 Ratings
Automated board and financial reporting3.90 Ratings00 Ratings
XBRL support for regulatory filing4.20 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
3.8
Ratings
72% below category average
IBM Cognos Analytics
-
Ratings
Personalized dashboards3.80 Ratings00 Ratings
Color-coded scorecards4.80 Ratings00 Ratings
KPIs5.10 Ratings00 Ratings
Cost and profitability analysis1.00 Ratings00 Ratings
Key Performance Indicator setting4.60 Ratings00 Ratings
Benchmarking with external data3.50 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.0
Ratings
33% below category average
IBM Cognos Analytics
-
Ratings
Flat file integration5.00 Ratings00 Ratings
Excel data integration8.40 Ratings00 Ratings
Direct links to 3rd-party data sources4.50 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
7.0
Ratings
15% below category average
Pixel Perfect reports00 Ratings6.70 Ratings
Customizable dashboards00 Ratings7.30 Ratings
Report Formatting Templates00 Ratings6.90 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
7.4
Ratings
8% below category average
Drill-down analysis00 Ratings7.30 Ratings
Formatting capabilities00 Ratings7.00 Ratings
Integration with R or other statistical packages00 Ratings7.80 Ratings
Report sharing and collaboration00 Ratings7.40 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
7.8
Ratings
6% below category average
Publish to Web00 Ratings8.30 Ratings
Publish to PDF00 Ratings7.00 Ratings
Report Versioning00 Ratings8.60 Ratings
Report Delivery Scheduling00 Ratings6.90 Ratings
Delivery to Remote Servers00 Ratings8.10 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
6.7
Ratings
17% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings6.80 Ratings
Location Analytics / Geographic Visualization00 Ratings7.00 Ratings
Predictive Analytics00 Ratings6.40 Ratings
Pattern Recognition and Data Mining00 Ratings6.60 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
7.4
Ratings
14% below category average
Multi-User Support (named login)00 Ratings8.00 Ratings
Role-Based Security Model00 Ratings7.80 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings6.10 Ratings
Report-Level Access Control00 Ratings7.30 Ratings
Single Sign-On (SSO)00 Ratings7.70 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
7.5
Ratings
4% below category average
Responsive Design for Web Access00 Ratings7.60 Ratings
Mobile Application00 Ratings7.90 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings8.90 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
IBM Cognos Analytics
7.7
Ratings
1% below category average
REST API00 Ratings7.40 Ratings
Javascript API00 Ratings8.50 Ratings
iFrames00 Ratings8.30 Ratings
Java API00 Ratings6.90 Ratings
Themeable User Interface (UI)00 Ratings7.10 Ratings
Customizable Platform (Open Source)00 Ratings7.80 Ratings
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Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
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User Ratings
Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
Likelihood to Recommend
5.6
(0 ratings)
7.2
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.4
(0 ratings)
Usability
-
(0 ratings)
8.1
(0 ratings)
Availability
-
(0 ratings)
8.6
(0 ratings)
Performance
-
(0 ratings)
9.0
(0 ratings)
Support Rating
7.0
(0 ratings)
10.0
(0 ratings)
In-Person Training
-
(0 ratings)
8.7
(0 ratings)
Online Training
-
(0 ratings)
8.0
(0 ratings)
Implementation Rating
-
(0 ratings)
7.0
(0 ratings)
Configurability
-
(0 ratings)
7.0
(0 ratings)
Ease of integration
-
(0 ratings)
6.0
(0 ratings)
Product Scalability
-
(0 ratings)
8.2
(0 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(0 ratings)
User Testimonials
Axiom Software by Syntellis Performance SolutionsIBM Cognos Analytics
Likelihood to Recommend
Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
Read full review
I use predictive analytics techniques, which can help me predict my future sales based on collected data, giving me insight into my market's trends.This market data can be analyzed, giving me the opportunity to gain in-depth insight into my market's competition and positioning it competitively, aided by developing strategies to improve my marketing approach.
Read full review
Pros
  • Extremely flexible and dynamic allowing for customizations that align with our business needs
  • The database structure within Axiom allows us to create custom tables for adhoc data analysis
  • The processing time of Axiom (daily imports, monthly imports, Budgeting processes) are extremely favorable allowing us to cut our budget cycle time in half compared to our previous system.
Read full review
  • Data Visualization: Plenty of options exist for multiple use cases, and dashboards are easy to implement and customize.
  • Integration with IBM Watson: makes it easy to use Watson AI features (NLP etc.) on your data.
  • Its advanced analytics functionalities with powerful pattern detection/prediction models.
Read full review
Cons
  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
Read full review
  • API integration is not upto the mark with very limited options.
  • Laptops get overheated when the tool is used from moderate to heavy use. Also, there is a lag in the tool times.
  • Licensing & Maintenance can go from cheap to expensive depending on the scope.
  • Lot of scope to improve the customer support & its not upto the industry standards.
Read full review
Likelihood to Renew
No answers on this topic
It took my BI team one year to become productive at developing useful content on the IBM Cognos platform. After this year, the reports being developed for a client were stale and no longer relative to the ever changing needs of the business client. Given the same opportunity, I would select a platform that allows the team to quickly produce BI content. Fail fast and recover quickly!
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Usability
No answers on this topic
We have a strong user base (3500 users) that are highly utilizing this tool. Basic users are able to consume content within the applied security model. We have a set of advanced users that really push the limits of Cognos with Report and Query Studio. These users have created a lot of personal content and stored it in 'My Reports'. Users enjoy this flexibility.
Read full review
Reliability and Availability
No answers on this topic
Reports can typically be viewed through any browser that can access the server, so the availability is ultimately up to what the company utilizing it is comfortable with allowing, though report development tends to be more picky about browsers and settings as mentioned above. It also has an optional iPad app and general mobile browsing support, but dashboards lack the mobile compatibility. What keeps it from getting a higher score is the desktop tools that are vital to the development process. The compatibility with only Windows when the server has a wide range of compatibility can be a real sore point for a company that outfits its employees exclusively with Mac or Linux machines. Of course, if they are planning on outsourcing the development anyways, it's a rather moot point
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Performance
No answers on this topic
Overall no major complaints but it doesn't handle DMR (Dimensionally Modeled for Relational) very well. DMR modelling is a capability that IBM Cognos Framework Manager provides allowing you to specify dimensional information for relational metadata and allows for OLAP-style queries. However, the capability is not very efficient and, for example, if I'm using only 2 columns on a 20-column model, the software is not smart enough to exclude 18 columns and the query side gets progressively larger and larger until it's effectively unusable.
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Support Rating
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
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Why is their web application not working as fast as you think it should? They never know, and it is always a a bunch of shots in the dark to find out. Trying to download software from them is like trying to find a book at the library before computers were invented.
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In-Person Training
No answers on this topic
Onsite training provided by IBM Cognos was effective and as expected. They did not perform training with our data which was a bit difficult for our end-users.
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Online Training
No answers on this topic
The online courses they offer are thorough and presented in such a way that someone who isn't already familiar with the general design methodologies used in this field will be capable of making a good design. The training environments are provided as a fully self contained virtual machine with everything needed already to create the environments. We've had some persisting issues with the environments becoming unavailable, but support has been responsive when these issues arise and straightening them out for us
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Implementation Rating
No answers on this topic
The implementation was handled very well. The initial implementation exposed a lot of disagreement between our campuses and departments as to how we define data. This was not entirely unexpected, but I thought that we did a nice job as a team to work through some of these challenges.
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Alternatives Considered
The only other system I have worked with was the Fiserv MPC product, which is what we had Axiom replace. The Fiserv MPC product does not even come close to the functionality of Axiom. For our Budget, we would have to run an Excel Macro in Fiserv MPC overnight which took about 8 hours to process in order for us to to see the results of the inputs we did the previous day. With Axiom, the non-margin items (Non-Interest Expense, Non-Interest Income) are real time - as soon as you click Save, the data is available. On the Cash Flow Margin side (Loans & Deposits), it takes about 5 minutes to fully process in Axiom approx. 30,000 records, which is extremely favorable.
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Power BI is stronger for quick ad-hoc analysis and dashboards, but IBM Cognos Analytics is better when consistency, precision, and mass distribution matter. Tableau is best for interactive analysis, while IBM Cognos Analytics is better for standardized, repeatable enterprise reporting. Sigma shines for customizable dashboards and drill-down analysis while IBM Cognos Analytics holds an edge in data discovery and visualization.
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Scalability
No answers on this topic
The Cognos architecture is well suited for scalability. However, the architecture must be designed with scalability in mind from day one of the implementation. We recently upgraded from 10.1 to 10.2.1 and took the opportunity to revamp our architecture. It is now poised for future growth and scalability.
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Return on Investment
  • Forecasting has improved
  • Complexity of analysis has improved as well
  • Our main data has been confused as we started using Axiom
Read full review
  • The platform can be pretty pricey.
  • Convoluted contracts and they fine you for any breach during audits.
  • Things are changed between releases without any warning and break.
  • It is second to none at being able to customize list and crosstab type reports.
  • You can easily set up a report to be emailed out every day and even have it export the report to a shared folder.
  • On-prem environments can be scaled up pretty much as much as you would like.
Read full review
ScreenShots

IBM Cognos Analytics Screenshots

Screenshot of a natural language query, used in IBM Cognos Analytics to get AI-powered insights from data.Screenshot of AI-generated insights and forecasts that can be added with just a click of a button.Screenshot of a dashboard that can be generated automatically using IBM Cognos Analytics by uploading or selecting data.Screenshot of an AI-generated dashboard from a spreadsheet that was just uploaded. This offers a great starting point for the creative process.Screenshot of where to import data to IBM Cognos Analytics from CSV files and spreadsheets. Users can connect to cloud or on-premises data sources, including SQL databases, Google BigQuery, Amazon, and Redshift.Screenshot of a sample operational dashboard of a coffee shop created using IBM Cognos Analytics.