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IBM plans are to further combine TM1s core multidimensional engine in the next major release(s) of the Cognos platform, both for OLAP reporting/analysis purposes (Cognos BI), as for financial analytic applications like planning, budgeting and forecasting (Cognos Planning) and consolidation (Cognos Controller). In their pursuit of this goal they have already released a newer version of TM1, namely 9.5. TM1 9.5 differs from its 9.4 predecessor as a seamlessly integrated cube engine/platform which allows incoming and outgoing information flows to and from the other Cognos software packs. As such it greatly impacts the scalability of the current EPM suite and unfolds brand new grounds to develop a better solution. Keeping in mind the above we shall explain first the core strengths of TM1 and only then dive into what IBM has in stock in terms of real advantages for somebody looking to enhance their EPM environment.
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tool among its three main components (BI, Planning and Controller), picking up roles as: 1) Updating in real time the content of Reports and Dashboards built in IBM Cognos Business Intelligence with data modifications occurred in IBM Cognos Controller or Planning. Providing the user-friendly OLAP functionality to slice and dice, drill up and down through the set of data enhancing the analysis of the data. Processing IBM Cognos Controller data, combine it with other data sources, calculate and/or feed it to an IBM Cognos Planning application. Processing IBM Cognos Planning data, combine it with other data sources, calculate and/or feed it to an IBM Cognos Controller application.
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The result is described in a simple manner by Figure 3 where IBM Cognos TM1 acts as a linking pin among the current IBM EPM suite:
Figure 3 TM1 enhances the current IBM EPM suite acting as a data provider with OLAP functionality
Due to its nature, common cube data explosion problems are less of an issue when complex queries are fired against TM1 as they are nevertheless answered in what a human brain can resolve as realtime. Calculations are triggered by any change and fired automatically. The maintenance of the model is central and all cubes pick up the modifications onthe-fly. To exploit the maximum performance a server can deliver, TM1 OLAP engine comes also in a 64-bit flavor. Thanks to its performing OLAP nature TM1 can considerably enhance the overall user experience of the IBM EPM suite solely by acting as a data provider
Secondly the read/write functionality translates in a technology that can also be used for user input online (in contrast to Microsoft SSAS and Oracle Essbase ASO Cubes), breaking through the common
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understanding of BI as a science purely devoted to reporting and therefore one way communication. The combination of RAM-based, read/write technology as "spreadsheet like interactivity, slice and dice, drill up and down, data held in one central location, support of massive data volumes and calculations/aggregations done in memory resulting in an immediate reflection of the outcome describe the true essence of TM1. Because of these reasons TM1s usefulness is not captured by functioning only as a data sharing interface but it results in an excellent candidate to replace or enhance ones planning, budgeting and forecasting processes as well whether they are based on Excel or any other analytical tool. In fact seeing how much commitment IBM is placing on TM1 we strongly believe that it will phase out IBM Cognos Planning itself.
Figure 4 TM1 is a very powerful Planning solution and as such can improve the current IBM EPM suite
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The possibility to create personal scenarios, namely sandboxes. This allows the creation of personal shadow copies of the data. Only when input is truly finalized a copy can be submitted and integrated into the full model.
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The possibility to Undo&Redo. As simple as it may sound imagine the convenience when working on numbers to actually undo calculations, data input or data loads. Integrating the powerful workflow manager available in Cognos Planning: TM1 Contributor interface as the workflow manager to guide and secure users data input.
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Next to those IBM has been committed to fully integrate TM1 into their IBM Cognos EPM suite. The integration of TM1 9.5 (currently available) into IBM Cognos BI has reached a level mature enough that exploits the real-time OLAP engine of TM1, as well as single sign-on security, in all their BI tools: Analysis Studio, Metric Studio, Report Studio, Query Studio, Event Studio. To achieve the integration a Framework Manager model needs to be built or for a quicker result TM1 Viewer Portlets can be used. When taking into consideration IBM Cognos Controller, version 8.5 is being delivered with a new integration component called Financial Analytics Publisher. This component automates the process of extracting data in close to realtime from IBM Cognos Controller into IBM Cognos TM1. Once configured the TM1 cube will be updated continuously. On top of the TM1 cube, IBM Cognos BI applications or other supported viewers can be used for both inprocess and management reporting as well as adhoc analytics. The solution is optimized for many simultaneous users and suits both legal and management reporting.
Figure 8 IBM Cognos Controller 8.5 and TM1 data flow
Next well discuss how your enterprise planning can really benefit from the latest features of TM1.
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With IBM Cognos TM1, you can rapidly analyze and model planning requirements for your entire organization and use them to anticipate the correct course of action for better business outcomes. More than budgeting and forecasting software, Cognos TM1 is a complete enterprise planning solution. It supports a full range of business requirements from high performance, real time financial analytics, such as for customer and product profitability, and flexible modeling, to enterprisewide contribution from all business units. In addition, it facilitates use of planning best practices such as driver-based and rolling forecasting.
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status of every participant in the planning process. With access to the IBM Cognos Performance Management platform, you realize consistent scorecarding, reporting and analysisthe complete picture from goal setting and planning, to measuring progress and reporting. Finance and lines of business have total control over planning, budgeting and forecasting processes. You can work with a choice of interfaces: Microsoft Excel, Cognos TM1 Web or Cognos TM1 Contributor.
In other words: A multidimensional, 64-bit, in-memory OLAP engine provides exceptionally fast performance for analyzing complex and sophisticated models, large data sets and even streamed data. Cognos TM1 supports a full range of enterprise planning software requirementsfrom high-performance, real-time profitability analysis, financial analytics and flexible modeling to enterprise-wide contribution from all business units. Personal scenarios created with advanced personalization enable an unlimited number of ad-hoc alternatives so individuals, teams, divisions and whole companies can respond faster to changing conditions. Analytic processing automates contribution from systems and staff to help eliminate delays in rolling out plansa 75% reduction in planning cycles is possible. Cognos TM1 facilitates the use of best practices such as driver-based planning and rolling forecasting. Model design and data access adapt to your business process and present business information in familiar formats. Managed contribution makes it possible to personalize hierarchies, dimensions and rollups and to receive an up-to-the-minute
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