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PARSIPPANY, NJ--(Marketwired - Aug 7, 2013) - Revelwood, an IBM Premier enterprise companion and chief in designing and imposing IBM enterprise Analytics purposes, announced nowadays it is the first IBM enterprise partner international to earn IBM Cognos TM1 Gold Accreditation. The enterprise performed this by way of working with hundreds of valued clientele on a success IBM Cognos TM1 efficiency management and analytics purposes.
"Revelwood is one in every of IBM's longest standing companions working with Cognos TM1," noted Mark Enslin, company Analytics Accreditation application supervisor, IBM. "This accreditation is a testament to the depth and breadth of Revelwood's competencies in helping their valued clientele make the most reliable use of IBM Cognos TM1 -- which interprets into superior decision making and measurable enterprise benefits."
The IBM Cognos TM1 Gold Accreditation is part of IBM's application apply Accelerator, which turned into launched in early 2013. This software is designed for IBM company companions to accelerate and enhance their skill to effectively put into effect options which leverage IBM utility. so as to earn this accreditation, Revelwood had to have 15 practitioners certified on a lot of facets of Cognos TM1 and had IBM review and validate a move-portion of a hit Cognos TM1 deployments Revelwood has delivered to their shoppers.
"This achievement is at once related to their stringent requirements for Revelwood consultants to have in-depth and palms-on potential of Cognos TM1," observed Ken Wolf, President and CEO, Revelwood. "The regular length of time their consultants had been the use of Cognos TM1 is eleven years. This deep adventure is why Revelwood is able to convey brilliant performance management and enterprise analytics purposes on-time and within finances."
additional IBM Awards
The IBM Cognos TM1 Gold Accreditation is only one of a number of prestigious honors Revelwood has earned from IBM. Revelwood was awarded the 2013 IBM business Analytics capacity Authorization business associate success Award, which recognizes IBM company companions who have validated excellence in providing enterprise cost with company Analytics, Predictive Analytics, commercial enterprise content management and assistance management software. Revelwood changed into selected from company partners global who have provided "ingenious options and awesome client value" for the Revelwood™ BPM Suite, an out-of-the-box implementation accelerator for commercial enterprise economic planning and reporting.
Revelwood additionally won the 2011 IBM Beacon Award in the spectacular business Analytics Innovation class for the Revelwood BPM Suite. Winners of the Beacon Awards are selected from more than 95,000 business companions international by leading business journalists, analysts and executives for 27 award areas.
About Revelwood Revelwood is an IBM Premier company companion providing implementation functions, practising and assist that convey ease, velocity and flexibility to fiscal planning and reporting, enterprise intelligence, economic governance and sales performance management. Combining IBM Cognos enterprise Analytics application with most beneficial practices and pre-configured, out-of-the-box purposes like Revelwood's BPM Suite™ and performance Toolkit™, Revelwood helps agencies to speed up the building and deployment of performance administration options. tons of of successful implementations and confirmed ROI for dozens of Fortune one thousand and mid-market businesses are just just a few reasons organizations flip to Revelwood for their efficiency management needs. additional info on Revelwood may also be got by way of visiting http://www.revelwood.com or calling 201.984.3030.
TM1 isn't going any place, IBM Cognos keeps -- in spite of the fact that massive Blue hasn't yet ruled out altering its brand.
or not it's been an extended and strange street for the venerable TM1 OLAP engine, which has twice modified possession over the last 10 months.
First, in October of 2007, TM1's developer -- the previous Applix Inc. -- became bought through Cognos Inc. lower than two months later, Cognos was itself obtained through IBM Corp. due to the fact that then -- and regardless of promises with the aid of both do right by way of Applix clients and leverage TM1 as the centerpiece of its Cognos financial efficiency administration (FPM) platform -- issues went dark on the TM1 front.
unless this week, it truly is. nowadays, IBM Cognos announced a new edition 9.four update for TM1, touting the anticipated performance and usability enhancements, along with new internationalization improvements that, officials argue, stem from large Blue's stewardship of the Cognos and Applix manufacturers.
TM1 isn't going anywhere, officers say -- however IBM hasn't yet ruled out altering its company. furthermore, despite the fact that IBM Cognos is difficult at work incorporating TM1 into its BI and PM products -- a system that contains each integration and reconciliation -- "legacy" Applix consumers will still be in a position to buy the bread-and-butter TM1 OLAP engine, by way of TM1 MidMarket version, which IBM Cognos plans to market to SME kinds.
"We're offering a dedicated mid-market providing," says Applix veteran Joe Pusztai, now product marketing supervisor for TM1 with IBM Cognos. "we're very an awful lot dedicated to conserving the ability to use TM1 in a standalone, all-in-one ability. We're now not ever going to make clients purchase application that they don't want."
Pusztai suggestions that the TM1 company itself may go away: "The TM1 identity might no longer really carry ahead. They nonetheless haven't determined about that, however the specific technology itself … that [is something] they can continue to raise forward" on a standalone groundwork," he asserts.
TM1 edition 9.1 was a relatively mature product when Cognos picked it up closing yr. in spite of this, Pusztai says, there may be at all times room for development. Enter TM1 9.4, which boasts several advancements, beginning with a characteristic (active forms) that smacks of the Dynamic Slices ability which Applix delivered in TM1 9.1.
there may be a explanation for that, he acknowledges. "That [Dynamic Slices] skill has been more suitable tremendously within the 9.four liberate beneath a characteristic known as lively varieties." Pusztai describes active forms as "comfortably a version 2.0" replace for Dynamic Slices, improving upon its predecessor in a number of respects -- e.g., enabling entry by way of TM1 internet client classes (Dynamic Slices is Excel-best), helping formula-based row definitions (Dynamic Slices supports subset-only definitions), the usage of Excel's native formatting metaphors to convey "much-stronger file formatting, and delivering assist for server-facet zero suppression capabilities.
This closing is a huge growth over Dynamic Slices, which first pushed records right down to the client earlier than filtering it. This ended in considerable bloat, Pusztai keeps. "we would send all of the statistics down the wire and then the client would filter it, as opposed to what we're doing now, [which is] suppressing it at the server, in order that that information in no way goes down the wire," he explains.
newsIBM To acquire Cognos for $5 Billion
more to the point, big Blue’s circulate with no trouble eliminates the ultimate of the huge BI pure-play carriers. along with opponents Hyperion solutions Corp. (acquired by using Oracle Corp. earlier this yr) and company Objects SA (received by using SAP AG final month), Cognos become among the biggest and most seen of BI and PM gamers. Its acquisition through IBM ability that a non-public enormous -- SAS Institute Inc., which all started out basically as a purveyor of facts mining and statistical evaluation tools -- is now the greatest impartial BI and PM participant.
The stream raises a number of questions -- beginning with the destiny of Cognos’ client tools, from ReportNet to PowerPlay to inherited applied sciences such because the former Celequest dashboard and equipment technology (which Cognos acquired prior this yr). what will happen to the Applix TM1 OLAP technology and its linked assets (which Cognos picked up simply two months ago)?
Given huge Blue’s usual middleware-heavy emphasis -- and even permitting for its extraordinarily liberal figuring out of what precisely constitutes middleware (e.g., its DB2 database) -- the Cognos client equipment face an unclear future. not so for the underlying applied sciences that help them, however. IBM officials talked up the value of Cognos’ reporting and analytic capabilities, touting their "synergy" with huge Blue’s present information-integration and content material-management property. during this scheme, Cognos’ returned-conclusion reporting and analytic applied sciences will be a part of a teeming universe of IBM middleware applied sciences.
"[We are] proposing company intelligence [solutions] that touch on many purposes and many sources of records. They see [technologies such as] BI and master information management … as being horizontal. It is awfully a lot horizontal technology that cuts throughout all kinds of applications," said Steve Mills, IBM senior vice chairman and community executive for the IBM application neighborhood, in a teleconference.
IBM and Cognos officers declined to claim simply how lengthy the acquisition has been percolating, citing regulatory restrictions. Given the statements that Cognos officials made simply final month within the wake of SAP’s acquisition of business Objects, it doubtless hasn’t been within the works for very long.
on the time, Cognos talked up SAP’s stream as a windfall that helped recast it as the unqualified final of the large BI vendors.
"The acquisition … presents a superb chance for Cognos and validates the market imaginative and prescient they laid out more than six years in the past -- to be the main unbiased issuer of efficiency administration options for consumers," spoke of Mychelle Mollot, vice chairman of market strategy and strategic communications with Cognos. "Our single focus on efficiency management will permit us to innovate and reply to the changing wants valued clientele better and quicker than every other seller available."
Cognos’ Mollot additionally referred to research from Goldman Sachs -- the identical analysis that Cognos touted after Oracle’s buy of Hyperion -- which discovered that more than 60 % of CIOs favored to buy their BI options from an impartial dealer, no longer an application or database dealer.
"We welcome the removing of a competitor who was dedicated, as they still are, to being an independent player and giving clients equal entry to their total infrastructure, applications and facts sources," she spoke of.
In Monday’s convention call, Cognos' CEO Rob Ashe stated this about-face.
"When this all started, the company became now not on the market," he talked about. "We didn’t believe a good should go and sell ourselves as a result of [the Business Objects] acquisition. truly, they noticed a great probability as a result of the dislocation in the market."
causes in the back of the MoveWhat may still they make of IBM’s acquisition? If nothing else, industry-watchers stress, it opens up a myriad of new questions.
"For years, IBM representatives have wired that the products the suggestions management group builds and buys are focused on the infrastructure stage, regardless of an occasional foray into functions or equipment that resemble applications," said Philip Russom, senior manager at TDWI analysis.
No be counted how IBM chooses to spin it, Russom wired, Cognos is an applications business.
"The Cognos acquisition evidently steps across the line in a big method, so it begs the question: is this an exception to the infrastructure rule or is that this a whole new rule? If it’s a brand new rule, the record of possible acquisitions they can predict from IBM simply acquired a lot longer," he noted.
what will develop into of Cognos’ BI customer belongings? Russom thinks IBM will do correct with the aid of Cognos valued clientele. in any case, he points out, massive Blue has considerable adventure protecting and supporting legacy equipment -- each its personal and people it has got and/or inherited.
"americans overlook that Cognos still continues its customary, non-BI product called PowerHouse, which by means of now could be a hoary and warted legacy, along with contemporary BI legacies like Impromptu and PowerPlay," he accompanied. "a number of more legacies shouldn’t be a problem for IBM, which has long journey retaining an elephant graveyard of items. just seem on the legacy databases IBM acquired via acquiring Informix in 2001, and, of route, the mainframe is without doubt one of the greatest annuity agencies on the planet of computing."
It’s with recognize to OLAP that the acquisition is potentially most fraught with questions. Two years ago, IBM stopped reselling its DB2 OLAP Server (an o.e.m-ed -- and radically modified -- version of Hyperion Essbase). only in the near past, huge Blue introduced new OLAP performance (in accordance with know-how it bought three years in the past from the former AlphaBlox) for its DB2 Warehouse offering.
Cognos, too, manages a group of OLAP applied sciences, from its own homegrown PowerPlay and ReportNet applied sciences to the TM1 in-reminiscence OLAP engine it received from Applix. How IBM manages and reconciles these OLAP assets will undergo gazing, based on Russom.
"As with different BI-linked acquisitions, this one comprises a substantial product redundancy regarding OLAP," he talked about. "The redundancy is inevitable because there are multiple techniques to OLAP, and these are often embedded in assorted products of quite a lot of forms. as an example, OLAP capabilities can be found from Cognos ReportNet, Cognos Now!, and TM1, an OLAP engine these days obtained from Applix. Likewise, IBM resold Hyperion Essbase for years -- which is similar to TM1 -- but switched to the OLAP capabilities of AlphaBlox, which are now embedded in DB2 9.5. Redundancy of this category all the time confuses the newly merged customer base, so IBM will need to differentiate these naturally."
a long time ComingIn the final evaluation, noted Wayne Eckerson, director of TDWI research, this acquisition has been a long time coming.
"This changed into the one [acquisition] individuals idea would take place all along," he said. "I suppose for a lot of of the others, they were a bit bit stunned within the industry. here's no longer a shock, because IBM and Cognos have partnered for a long time together. Cognos is the one BI vendor that’s applied its structure on SOA concepts greater than the others."
Eckerson brought that Cognos’ SOA underpinnings helped make it greater integration pleasant. "however, that doesn’t clarify why they spent $5 billion for Cognos at this specific aspect in time," he pointed out.
When in view that what accounts for the accelerated tempo of consolidation over the closing one year alone, Eckerson favors a domino idea rationalization.
"The main BI gamers -- Oracle, IBM, SAP, and Microsoft -- and the agencies that they’ve obtained represent two dozen or greater groups that have been standalone businesses just before [this round of consolidation]," he accompanied. "I feel the BI providers have seen for a long time that the ERP vendors and the massive database carriers have been going to return into this area, so they are looking to bulk up to put together themselves which they did … via acquisitions. sooner or later, once one among them went and had a companion with huge, deep pockets, they all had to go, so it’s variety of a domino effect."
Stephen Swoyer is a contributing editor for enterprise systems. He may also be reached at email@example.com.
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Global software developer Rocket Software has announced Rocket Discover 1.5, a self-service query and visualization engine that allows business users to query IBM’s Cognos TM1 cubes and Cognos BI content directly through Discover’s IBM Native Connect RESTful API.
The new version is a major expansion of Rocket Discover, taking full advantage of the RESTful API to expose capabilities within Cognos. It can incorporate data from multiple sources including SQL Server and Oracle, as well as the Cognos TM1 cubes. It also connects directly to Cognos Query, supporting interactive queries. This is the start of an ongoing expansion into incorporating streaming social media data into analysis, said Rocket Software Director of BI and Analytics Julianna Cammarano.
The software runs on both Windows and Linux servers and delivers its visualizations via a URL and any Web browser to any end-user device, including mobile devices. Users can drill down from the visualization to the background data. The new version also includes new Presentation features that make it easier for users to communicate their insights and data narratives in a clear framework.
Cammarano said Rocket is working with several IBM labs and expects to expand its access to streaming social media sources, including Twitter, with further announcements expected in the coming year.
“With the importance of social data to many of their clients, they are expanding their use cases into understanding what customers are saying about products and things like that,” Cammarano said. “We need to be able to visualize and understand that data.”
In his recent research alert, “Should You Add Real-Time to Your Batch Repertoire?,” Wikibon Big Data Analyst George Gilbert said that one way for companies to move toward a data-driven future is to expand their existing BI capabilities to include new data sources and streaming data. That appears to be exactly the direction Rocket Software is taking with Rocket Discover.Image courtesy Rocket Software Since you’re here … … We’d like to tell you about their mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, they don’t have a paywall or run banner advertising, because they want to keep their journalism open, without influence or the need to chase traffic.
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Qatar’s Milaha rolls out IBM Cognos to harvest data from across its diverse businesses and turn it into powerful business intelligence reports.
Milaha, the Qatar-based shipping, logistics and maritime services company, has completed the deployment of IBM Cognos TM1, to greatly improve the company’s analytics capabilities. The project, which was carried out in partnership with systems integrator Gulf Business Machines (GBM), involved integration of a wide range of data from diverse systems, to provide Milaha with fast and detailed business intelligence across all of its operations.
Milaha, which was formerly known as Qatar Navigation, has operations in diverse areas including maritime and logistics, trading, real estate and investments. The aim of the project was to bring together data from across all of these operations, into a single business intelligence application that is easy to use for staff, and provide up-to-date analytics information.
The Cognos TM1 solution captures actual financial data that can be easily analysed for decision making, including current month data, coming from Milaha’s Oracle ERP System; along with non-financial metrics and data, pertaining to the company’s marine and logistics operations. In contrast to the financial data that resides in the Oracle ERP System, this data is taken from Milaha’s operational systems.
The company selected GBM for the project, which included installation and development, along with training for users. IBM Cognos TM1 was deployed on an HP Proliant server at Milaha’s head office, and in total, the project took 17 weeks to deliver, including two weeks of developer and end user training.
“The project’s primary aim was to provide Milaha an automated solution to extract their data, report on it, and budget. They needed a sophisticated, yet easy to use, system to analyse their data. The multi-dimensional OLAP functionality of IBM Cognos TM1 fitted their requirements very well. With this solution, Milaha is now able to look at the information in a different manner and analyse it in any way they need. In addition, Milaha’s user base was looking for a tech-easy solution which the business could manage, instead of relying on their IT department, which was the case for their ERP system,” explained Soubhi Chebib, country general manager, GBM Qatar.
“The implementation required creating the planning and forecasting model as per Milaha’s business processes, at the same time making it simple enough to be easily used enterprise wide by each department,” Chebib added.
“The biggest benefit to Milaha comes in the form of time savings. In the past, it was time consuming to run multiple reports, cut and paste in Excel, manipulate data, and so forth. Previous to the deployment of this project, it would take much longer for Milaha to complete the necessary processes; however, with the implementation of the project it can now pull out all necessary information from the multiple source applications within seconds. Milaha will now have the ability to have access to statistical data that wasn’t readily available before, from one system,” Chebib said.
Another important aim of the project was to be able to utilise it for budgeting. Milaha already had an existing budgeting solution that allowed highly focused management of budgeting across the company’s different business units. The company also has a large general ledger, manpower in excess of 3,000 people and considerable annual capital expenditures. To accommodate this, GBM and Milaha invested considerable time in customising Cognos TM1, with multiple testing phases, to ensure it provided the right capabilities to all business units.
Sami Shtayyeh, vice president, financial planning & analysis at Milaha, commented: “We didn’t want to lose any functionality that they had with their previous budgeting solution. In addition, they also wanted to enhance the system and process. They wanted linkages from their manpower and capital expenditures budgets direct with the financial budget. As a company, they budget to the lowest level ie. individual, account number, capital requirement, hence capitalising on linkages was critical.”
The BI application now gives Milaha much faster access to reports, as well as access to reports on data that wasn’t previously easily accessible. The flexibility of Cognos, and its strong integration with Microsoft Excel, also meant that the solution is able to easily provide reporting to users in different formats, so that they can get to the data that is most relevant to them.
“Many finance professionals can’t work without Excel – having a strong interface with Excel makes it easy to view live data, and at the same time utilise all the other aspects of Excel for analysis. In the past, their reports had always been static, and to update or change them, they had to run new reports. That is no longer the case,” Shtayyeh adds.
“We can quickly view results on different hierarchical levels, over various timelines, using multiple dimensions. This is the main benefit of a multi-dimensional OLAP tool. Milaha has multiple business units, each with several responsibility centres. Different managers want to view their results in different ways. Some prefer to look at detailed results by account number, by responsibility centre, through different time periods. Others prefer to view high level results at the business unit level. They can now accommodate both, very quickly.
“In the end, the system is really about enabling us to make better decisions, more quickly. They have not achieved the end state, but implementing IBM Cognos TM1 has helped move us in the right direction,” Shtayyeh concluded.
A business intelligence and performance management initiative transformed disparate pieces of data into actionable business information to help boost Blue Mountain Resorts’ bottom line.
Blue Mountain Resorts, Ontario’s largest mountain resort, is a four-season recreational and conference destination. As the third-busiest ski resort in Canada, it accommodates more than 1 million guests each winter and employs 1,065 full-time-equivalent workers. In addition to ski slopes, Blue Mountain, located in Collingwood, has mountain-biking trails, gondolas, tennis courts and the nationally ranked Monterra Golf course.
In 1999, Intrawest, a publicly held North American operator and owner of resorts, purchased a 50 percent interest in Blue Mountain Resorts. When it became part of a large public chain, Blue Mountain needed a more efficient way to report on profitability across its 13 different lines of business, including restaurants, ticketing, call centers and lodging. To achieve this reporting standard, the resort embarked on a business intelligence (BI) and financial performance management initiative led by John Gowers, Blue Mountain’s director of IT. Here, Gowers discusses how the resort streamlined its budgeting process and moved away from its legacy spreadsheet model.
With 13 diverse business lines, Blue Mountain Resorts needed a business intelligence (BI) and financial performance management system that could examine workflows quickly and, with minimal effort, analyze labor costs and revenue, while drawing from different data sources and types of applications. Also, because their IT staff consists of just three people, they needed a technology solution that would require little installation time and would be easy to maintain.
Our old spreadsheet-based system was unable to handle all the resort’s input, and they did not have an employee dedicated to updating and maintaining this technology. Because the system was not automated, IT was spending more time waiting for reports from disparate sources. They knew that they had to replace this manual, time-intensive process.
My team and I outlined what needed to be incorporated in a proficient, structured information management software solution. Bottom line: They needed to reduce the stress on the IT staff by implementing a solution that was low maintenance, and it had to make it easy for their business users to obtain information about important data points, such as revenue trends and daily sales.
After a thorough evaluation of several BI and performance management systems—and a number of smaller, hospitality-focused solutions—we opted to implement IBM Cognos TM1 to streamline their performance-management process. The software includes planning, budgeting, forecasting, reporting, analysis capabilities and online analytical processing technology. With OLAP, their analysts, executives and managers can view data across multiple dimensions and interpret that data much more quickly than they could in the past.
This solution is ideal for us because it has modules designed for the hospitality industry, as well as lines of business within that area. There were minimal customization requirements, and it was quick and cost-effective to deploy. During testing, it was clear IBM Cognos TM1 would deliver the granularity and breadth of reporting and analytical capabilities they needed.
We opted for a controlled implementation—rolling the system out separately in each line of business as that seasonal business opened. Due to the large number of guests at the resort during peak seasons, they deployed the lodging division first.
To start, they configured the financial systems based on the data contained in their old system. Data cubes were created so managers could combine historical data, weather and booking information, and employee schedules. They could then manipulate the information to perform detailed analyses and determine how to minimize costs while optimizing customer service.
It took approximately one to three weeks to deploy IBM Cognos TM1 to a line of business. Overall, it took five months to deploy the solution across the hospitality, retail, ski, golf, and food and beverage departments.
While building the data cubes across each department, they uncovered an unexpected but positive by-product: the ability to standardize how data is captured across the organization. As they talked to various groups about the distinctive ways departments categorize and record data, they were able to unify the accounting methodology across the company. In fact, they now have a full-time developer dedicated to managing the reports and building the models across the organization, making it easier for senior management to compare financial reports across departments.
John Gowers is director of IT at Blue Mountain Resorts, Ontarioâs largest mountain resort (a four-season recreational and conference destination.)
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