IBM Cognos vs UNIT4 prevero comparison

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9,140 views|5,304 comparisons
91% willing to recommend
UNIT4 Logo
226 views|129 comparisons
0% willing to recommend
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Executive Summary

We performed a comparison between IBM Cognos and UNIT4 prevero based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools.
To learn more, read our detailed BI (Business Intelligence) Tools Report (Updated: April 2024).
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Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Security administration tools are powerful and flexible.""The initial setup is quite straightforward.""Mapbox integration for geospatial analytics down to longitude/latitude layers.""The most valuable features are Report Development (Functionality) and Information Distribution (Flexibility).""IBM Cognos is an excellent solution for tax, planning, budgeting, profit and loss statements and balance sheets.""Cognos' most valuable features are the bundled studios, simple UI, and advanced features like the ability to create data modules.""The dashboarding offered by this solution is very valuable to us.""IBM Cognos improves the effectiveness of the sales team."

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"Its workflow is straightforward and simple to understand."

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Cons
"The AI-based features could be further enhanced by the solution.""There are many problems with the product's stability part, making it an area where improvements are required.""IBM Support can be slow at times, but they can usually deliver in a timely manner.""The data uploads that we do, such as Excel files, have a lot of restrictions. If we can make it a bit more user-friendly, allowing us to have more flexibility it would be a great help.""It would be better if it is was easier to implement without extensive training for it.""They were lacking in the initial phases of development in the area of big data, and they still need to improve that aspect of the product.""I would like them to reinclude PowerPlay. One thing that I am missing in the current Cognos is what was formally named PowerPlay. They have basically removed PowerPlay from it, which is something that I fail to understand because it was the most wonderful tool for business intelligence that I've ever used. As far as I know, they don't provide this functionality anymore, so this is one thing that I dislike about Cognos.""I would like to see the introduction of mapbooks for supporting some geographical information."

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"There is a little bit of reliance upon understanding the syntax of the actions that you want to take. Some of the other competitors have moved forward with that in terms of being able to make it more drag and drop and more logical, but there is still some way to go for UNIT4 in doing that, but they're getting there. With all these things, automation helps. The more they can do to simplify some of the complexities from the financial reporting, evaluation, and analysis sides, the better it would be. I'd like to see more automation and more simplicity from an end-user point of view."

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Pricing and Cost Advice
  • "There is need to assess the purchase license accordingly so as to avoid audit penalties."
  • "The pricing and licensing policies are comparatively cheaper than other products in the market ."
  • "IBM Cognos offers competitive pricing similar to other BI vendors in the market."
  • "Pricing should be improved."
  • "The pricing of this product is meant for medium to large-scale enterprises."
  • "It is my understanding that the cost is very low. It's not very expensive."
  • "Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."
  • "It is quite pricy. I think Microsoft BI is cheaper. Tableau might also be cheaper, but it also depends on the usage. If you have very many users, Cognos can be a problem. It could be cheaper than Tableau but not for so many users. If you have a few thousand users, Tableau, which is generally quite expensive, can be cheaper than Cognos."
  • More IBM Cognos Pricing and Cost Advice →

  • "It's perhaps on the slightly richer side of pricing for the markets that we focus on because we tend to focus on the SME or the small to medium enterprise market, whereas a lot of UNIT4 ERP customers are in local government, universities, etc. Some years ago, they were launching an initiative to be keenly priced for that SME market, but today, the foot has come off the accelerator a bit. It isn't the cheapest, but it is also not the most expensive one."
  • More UNIT4 prevero Pricing and Cost Advice →

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    Comparison Review
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    Questions from the Community
    Top Answer:It depends on the Data architecture and the complexity of your requirement Some great tools in the market are Qlik Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos… more »
    Top Answer:We use the account statement report. When you use an account in HSBC, you receive various types of accounts, such as the stock market, fixed accounts, credit cards, and business accounts. We can… more »
    Top Answer:Compared to Tableau and PowerBI, the IBM interface is easier to use. However, the drag-and-drop functionality isn't as straightforward. Formatting is also more challenging in the cloud than in other… more »
    Top Answer:Its workflow is straightforward and simple to understand.
    Top Answer:It's perhaps on the slightly richer side of pricing for the markets that we focus on because we tend to focus on the SME or the small to medium enterprise market, whereas a lot of UNIT4 ERP customers… more »
    Top Answer:There is a little bit of reliance upon understanding the syntax of the actions that you want to take. Some of the other competitors have moved forward with that in terms of being able to make it more… more »
    Ranking
    Views
    9,140
    Comparisons
    5,304
    Reviews
    13
    Average Words per Review
    449
    Rating
    8.2
    Views
    226
    Comparisons
    129
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Cognos, Cognos Analytics, IBM Cognos Analytics
    prevero, Winterheller
    Learn More
    Overview

    IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

    IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

    IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

    • IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.

    • IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.

    • IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.

    • IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.

    • IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.

    • IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

    Reviews from Real Users

    IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

    Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

    With statutory reporting requirements changing constantly, Unit4 prevero enables you to effectively ensure compliance, allowing you to make decisions with confidence.
    Sample Customers
    More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.
    Amprion GmbH, BKW AG, Bocholter Energie- und Wasserversorgung GmbH, DEW21, DSW 21, Energienetze Mittelrhein GmbH & Co. KG, EWR Netz GmbH, FairEnergie GmbH
    Top Industries
    REVIEWERS
    Financial Services Firm14%
    Computer Software Company11%
    Insurance Company8%
    Healthcare Company8%
    VISITORS READING REVIEWS
    Educational Organization58%
    Financial Services Firm7%
    Computer Software Company5%
    Government5%
    No Data Available
    Company Size
    REVIEWERS
    Small Business23%
    Midsize Enterprise15%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business8%
    Midsize Enterprise61%
    Large Enterprise31%
    No Data Available
    Buyer's Guide
    BI (Business Intelligence) Tools
    April 2024
    Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools. Updated: April 2024.
    769,599 professionals have used our research since 2012.

    IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while UNIT4 prevero is ranked 21st in Business Performance Management with 1 review. IBM Cognos is rated 8.0, while UNIT4 prevero is rated 0.0. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of UNIT4 prevero writes "Workflow is straightforward and simple to understand, but there should be more automation and more simplicity from an end-user point of view". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, SAP BusinessObjects Business Intelligence Platform and Oracle Hyperion, whereas UNIT4 prevero is most compared with Board.

    We monitor all BI (Business Intelligence) Tools reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.