IBM Cognos Analytics vs. Workday Adaptive Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Cognos Analytics
Score 7.0 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
Workday Adaptive Planning
Score 7.8 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Adaptive Planning streamlines planning workflows, using AI and real-time data integration to improve collaboration and provide predictive forecasts for better strategic analysis.N/A
Pricing
IBM Cognos AnalyticsWorkday Adaptive Planning
Editions & Modules
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
No answers on this topic
Offerings
Pricing Offerings
IBM Cognos AnalyticsWorkday Adaptive Planning
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalOptional
Additional Details
More Pricing Information
Community Pulse
IBM Cognos AnalyticsWorkday Adaptive Planning
Features
IBM Cognos AnalyticsWorkday Adaptive Planning
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Cognos Analytics
6.9
Ratings
17% below category average
Workday Adaptive Planning
9.3
Ratings
20% above category average
Pixel Perfect reports6.70 Ratings9.00 Ratings
Customizable dashboards7.30 Ratings10.00 Ratings
Report Formatting Templates6.90 Ratings9.00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Cognos Analytics
7.3
Ratings
10% below category average
Workday Adaptive Planning
8.0
Ratings
2% below category average
Drill-down analysis7.30 Ratings9.00 Ratings
Formatting capabilities7.00 Ratings7.00 Ratings
Integration with R or other statistical packages7.80 Ratings8.00 Ratings
Report sharing and collaboration7.30 Ratings8.00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Cognos Analytics
7.8
Ratings
6% below category average
Workday Adaptive Planning
8.0
Ratings
3% below category average
Publish to Web8.30 Ratings00 Ratings
Publish to PDF7.00 Ratings8.00 Ratings
Report Versioning8.60 Ratings8.00 Ratings
Report Delivery Scheduling6.90 Ratings8.00 Ratings
Delivery to Remote Servers8.10 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Cognos Analytics
6.7
Ratings
17% below category average
Workday Adaptive Planning
7.7
Ratings
1% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)6.80 Ratings7.00 Ratings
Location Analytics / Geographic Visualization7.00 Ratings8.00 Ratings
Predictive Analytics6.40 Ratings8.00 Ratings
Pattern Recognition and Data Mining6.60 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Cognos Analytics
7.3
Ratings
15% below category average
Workday Adaptive Planning
9.0
Ratings
3% above category average
Multi-User Support (named login)7.90 Ratings9.00 Ratings
Role-Based Security Model7.70 Ratings9.00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)6.10 Ratings9.00 Ratings
Report-Level Access Control7.20 Ratings00 Ratings
Single Sign-On (SSO)7.70 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Cognos Analytics
7.5
Ratings
5% below category average
Workday Adaptive Planning
8.5
Ratings
8% above category average
Responsive Design for Web Access7.50 Ratings8.00 Ratings
Mobile Application7.90 Ratings8.00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.90 Ratings10.00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
IBM Cognos Analytics
7.7
Ratings
1% below category average
Workday Adaptive Planning
-
Ratings
REST API7.40 Ratings00 Ratings
Javascript API8.50 Ratings00 Ratings
iFrames8.30 Ratings00 Ratings
Java API6.90 Ratings00 Ratings
Themeable User Interface (UI)7.10 Ratings00 Ratings
Customizable Platform (Open Source)7.80 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Cognos Analytics
-
Ratings
Workday Adaptive Planning
9.6
Ratings
15% above category average
Long-term financial planning00 Ratings9.50 Ratings
Financial budgeting00 Ratings9.80 Ratings
Forecasting00 Ratings9.60 Ratings
Scenario modeling00 Ratings9.60 Ratings
Management reporting00 Ratings9.50 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Cognos Analytics
-
Ratings
Workday Adaptive Planning
6.8
Ratings
16% below category average
Financial data consolidation00 Ratings5.80 Ratings
Journal entries and reports00 Ratings5.40 Ratings
Multi-currency management00 Ratings7.90 Ratings
Intercompany Eliminations00 Ratings5.30 Ratings
Minority Ownership00 Ratings5.10 Ratings
Local and consolidated reporting00 Ratings9.80 Ratings
Detailed Audit Trails00 Ratings8.60 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Cognos Analytics
-
Ratings
Workday Adaptive Planning
9.0
Ratings
11% above category average
Financial Statement Reporting00 Ratings9.60 Ratings
Management Reporting00 Ratings9.50 Ratings
Excel-based Reporting00 Ratings9.40 Ratings
Automated board and financial reporting00 Ratings9.60 Ratings
XBRL support for regulatory filing00 Ratings6.90 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Cognos Analytics
-
Ratings
Workday Adaptive Planning
8.8
Ratings
9% above category average
Personalized dashboards00 Ratings8.50 Ratings
Color-coded scorecards00 Ratings9.20 Ratings
KPIs00 Ratings9.50 Ratings
Cost and profitability analysis00 Ratings8.70 Ratings
Key Performance Indicator setting00 Ratings8.90 Ratings
Benchmarking with external data00 Ratings8.10 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Cognos Analytics
-
Ratings
Workday Adaptive Planning
8.8
Ratings
5% above category average
Flat file integration00 Ratings9.00 Ratings
Excel data integration00 Ratings8.80 Ratings
Direct links to 3rd-party data sources00 Ratings8.70 Ratings
User Ratings
IBM Cognos AnalyticsWorkday Adaptive Planning
Likelihood to Recommend
7.1
(0 ratings)
9.0
(0 ratings)
Likelihood to Renew
9.4
(0 ratings)
7.6
(0 ratings)
Usability
8.1
(0 ratings)
8.9
(0 ratings)
Availability
8.6
(0 ratings)
7.3
(0 ratings)
Performance
9.0
(0 ratings)
9.1
(0 ratings)
Support Rating
10.0
(0 ratings)
8.2
(0 ratings)
In-Person Training
8.7
(0 ratings)
8.2
(0 ratings)
Online Training
8.0
(0 ratings)
7.3
(0 ratings)
Implementation Rating
7.0
(0 ratings)
8.6
(0 ratings)
Configurability
7.0
(0 ratings)
8.2
(0 ratings)
Ease of integration
6.0
(0 ratings)
7.3
(0 ratings)
Product Scalability
8.2
(0 ratings)
8.2
(0 ratings)
Vendor post-sale
7.0
(0 ratings)
8.2
(0 ratings)
Vendor pre-sale
7.0
(0 ratings)
6.4
(0 ratings)
User Testimonials
IBM Cognos AnalyticsWorkday Adaptive Planning
Likelihood to Recommend
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.
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In a previous company, I was hired based on my experience with Workday Adaptive Planning. After being hired and reviewing the company, I quickly determined they were not large of enough of a company to need the program. Instead, we made better Excel budget templates, utilized OneDrive and created a better experience without the cost. Left the job after 9 months because I worked my way out of the position. My next role I looked for bigger companies and had better success with implementation.
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Pros
  • 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.
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  • Version Management. Adaptive lets us manage many versions/scenarios all in one platform with the robust ability to compare them to each other.
  • Processing Performance. With the Elastic Hypercube technology that was implemented a few years back, we can watch changes flow through a complex web of formulas and arrive at an answer within seconds.
  • Audit Trail. Our administrators love the ability to see and report on who made what changes when, which leads to real accountability within the organization.
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Cons
  • 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.
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  • Web reports and sheets are not great for in-depth reporting, and require the use of the OfficeConnect for Excel plugin and, therefore, the use of Excel for extensive reporting capabilities.
  • It has limited formula functionality in some instances, requiring again the use of OfficeConnect for Excel for extensive calculations.
  • I would like to see new planning sheet types or upgrades to existing sheet types; functionality has been the same for over 10 years.
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Likelihood to Renew
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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For one we're in way too deep to not move forward with Adaptive. We're integrated with Workday, we do a ton of reporting with Adaptive, and it's working very well for planning and forecasting. No reason to look back or change course.
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Usability
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.
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Workday Adaptive Planning has detailed online help with both articles and videos that are comprehensive. It has a lot of similarities to Excel, which most finance people are already familiar with, plus the user interface is intuitive and easy to pick up. The online support team is quick to respond and very knowledgeable.
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Reliability and Availability
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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There haven't been any lately. The only one issue I can think of is when there was an update in Adaptive that altered our reports. Before I realized there was an issue, Adaptive reached out to let me know, so that it could be fixed.
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Performance
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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All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
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Support Rating
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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Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
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In-Person Training
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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This was extremely helpful so that they could walk you through the model and teach you more about the complexity of various areas. It is most helpful when it is specific to your organization's model. The larger in-person trainings were helpful but they tended to be more generic and entry level. The trainings that are more tailored to your specific needs are the most helpful.
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Online Training
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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They often times tended to be way too generic or entry level. They would also become sales pitches to upgrade or get new Adaptive Planning products. The questions in the training would be very niche and specific to other organizations. They were rarely helpful to the group at large.
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Implementation Rating
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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Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
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Alternatives Considered
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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For best-in-class capabilities, you'll very likely need to split the various HR and financial systems into separate systems rather than using a consolidated platform like Workday. However, a consolidated platform provides benefits by being a single location for employees and a single system for IT developers to work with. This would need to be compared to employee efficiencies gained by working with better systems.
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Scalability
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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We went from 2 users to 70+ users over a 2 year period of time. The application scaled wonderfully. 65 of those users were non-finance users so they were able to quickly learn the software and prepare budgets quickly and efficiently. That is the power of Adaptive and its ability to scale
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Return on Investment
  • 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.
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  • it is easier to take critical business decisions in the organization and respond to stakeholder early
  • migration of resources like cloud, servers or operating system or migrations does not lead to impact on platform
  • helps calculates complex metrics requires for financial and resource planning
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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.

Workday Adaptive Planning Screenshots

Screenshot of Screenshot of the AI Predictive ForecasterScreenshot of the dashboard