Cognos BI functionalities – understanding an organization’s data

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Cognos BI functionalities – understanding an organization’s data

Business Intelligence gave companies the power to leverage their data and take advantage of unexpected business opportunities. All the insights identified using BI solutions are then transformed into competitive advantages by different departments; they will ultimately deliver business value. However, one question remains in the mind of the user: what technology could process all the analyses with only a few clicks? BI solutions are built with different tools because business requirements vary, but one of the most powerful is IBM Cognos.

IBM Cognos Business Intelligence is one of the tools EXE Software uses to create customized Business Intelligence solutions. The BI suite can provide a wide range of functionalities to help organizations understand their data, which they collect from multiple sources, and step into the big players’ arena with data-driven initiatives. What is even more interesting is that each part included in this set of programs is specifically designed to satisfy the precise needs and issues of each environment. Let us see which IBM Cognos component is responsible for each specific task.

Cognos Query Studio

The most straightforward tool in the BI suite, its primary purpose is to allow users without a technical background to examine structured and unstructured information. This information can provide answers to specific questions which will ultimately influence their departments’ future activities and initiatives. The tool allows users to conduct analysis and create reports without involving IT staff.

With Query Studio, companies can also generate these reports in mere seconds by selecting fields from the Data Explorer menu using its drag and drop option. Filters and structuring options are also available in this part of the BI solution, giving users the opportunity to create simple graphs to represent data better. However, for complex reports, companies can use another component of the suite – Cognos Report Studio.

Cognos Report Studio

As mentioned before, when creating complex reports each user needs to leverage a wide range of functionalities. Here is where the Report Studio component makes everything happen. While Query provides answers and solutions to simple requirements, the Report Studio integrates various design options, data sources, and algorithms to extract insights, trends, or predictions.

By using this part of the BI suite, companies can use the customization option to their advantage. This is mainly possible thanks to the configurable properties of the objects included in the suite.

There are various types of graphs and figures, and the tool contains mapping options that can create visually appealing reports. Furthermore, it is possible to use parameters in Report Studio allowing users to sort, filter, group, and calculate fields with minimal effort.

Cognos Analysis Studio

When it comes to multi-dimensional sources of data, users could face some challenges. However, the Cognos BI suite includes a component that can solve these issues: The Analysis Studio. It may look a lot like the Query function, but its multi-dimensional aspect makes it different. For instance, the tool allows users to navigate through, let’s say OLAP cubes, which typically refers to a multi-dimensional array of data.

This part of the software is designed to permit users to navigate through the data merged with their structures without the support of an IT department. Any employee can create combinations of variables and run sophisticated data examinations. They can then use the insights extracted to uncover threats and business opportunities.

Besides the standard functionalities offered by the Cognos components mentioned above, the Analysis Studio provides more functionality regarding data sources and can adapt the information to precise contexts. That means users can either choose to create holistic reports to understand data or individual ones with many details.

Cognos Event Studio

The Cognos BI suite also contains a tool for alerts and notifications, and this is it. By using the Event Studio, non-technical users can check data or the KPIs set in their departments and observe significant events when well-defined conditions and metrics were attained.

When the software recognizes the event, it automatically performs the tasks or the actions that were previously connected with specific functions. The function can take on multiple roles, such as distributing reports, running email campaigns, and even communicating with other external tools that a business uses.

Cognos Metric Studio

Each business must set up a series of metrics to measure how it is reaching its objectives, and Cognos BI suite also includes this option. The Metric Studio can help companies create metrics and dashboards for specific fields.

The importance of this component relies on its ability to relate data to one another and associate it with various events. In the context of business performance, the tool is absolutely vital, as it could influence the adoption of realistic KPIs. Moreover, if the Metric Studio identifies deviations in the analysis process, it can automatically notify the users.

The IBM Cognos Business Intelligence suite is one of the technologies used to create effective BI solutions. A large number of components and functionalities allows companies to leverage even the smallest pieces of data. The most significant advantage of using Cognos for Business Intelligence solutions is that it enables organizations to create customized software, suitable for their specific industry and needs.