IBM Cognos Corporate Performance Management(Cognos CPM) is the software category under which IBM groups its software's portfolio mainly aimed at the Office of Finance. IBM started to build up this software portfolio in 2007 with the acquisition of Cognos and has since then largely extended it with the acquisition of others software packages, together with continued investment in the development of the various modules and the integration between them. The solution consists of various modules
- IBM Cognos Planning used to be the solution specifically aimed at automating Planning, Budgeting and Forecasting processes. This solution is currently not being developed actively any more by IBM, although it is still being used by many customers and supported by IBM
- IBM Cognos TM1 is the successor to Cognos Planning. It combines the strong workflow and data entry functionality of Cognos Planning with the advanced modelling and calculation engine of TM1.
- IBM Cognos Controller is one of the market-leading Consolidation solutions, built on the Frango acquisition by Cognos in 2004.
- IBM Cognos FSR (Financial Statement Reporting) for "the last mile" of financial reporting & management books, result of the Clarity acquisition in 2010.
By enriching constantly its portfolio with complementary solutions and by working constantly on the integration of all those components together; IBM is recognized by Gartner as being able to offer a complete and robust platform to deliver Planning, Budgeting, Forecasting & Consolidation functionality at all levels of your organization in order to do better predict and manage your business, and therefore belongs to the leaders section in the Corporate Performance Management Platforms Magic Quadrant.
As a Business Analytics Premier Business Partner, element61 maintains a constant and direct relation with IBM, element61's experts are following up closely the evolution of the IBM offering and technology in order to have a complete overview and understanding of the solutions that IBM Corporate Performance Management can offer to our customers. element61 has obtained the highest levels of certification in the IBM Cognos technology and can act as a Support Providing Partner.
Contact Us for more information on the IBM Cognos CPM solutions or with your specific request!