BI Report Tools: A Brief Comparison between Cognos BI, Business Objects and Crystal BI
The speed of competition among companies in the global world has also increased. In any sector, there is an intense competition environment. Many companies can quickly adapt to critical situations through rapid decision-making processes. Giving the right decision at the right moment is also gaining importance in proportion to the speed of competition.
The most important element for the right decision is knowledge. However, the raw state of information is not sufficient in the decision-making process. It is necessary collecting, processing and understanding information from all departments of the company. These reports will also enable companies to make high-performance decisions based on analytics.
There are three popular programs among the reporting tools for financial performance and strategic management. They are IBM Cognos, SAP Crystal Reports, and SAP Business Objects. These three platforms have their own uses and advantages.
IBM Cognos
IBM Cognos is a web-based tool that uses the cloud platform and provides one point access to all enterprise data. It provides inquiries, analysis, scoring, data management and report creation from a single point. By easily analyzing the data in this way, many flexible modeling can be developed, including profitability models.
IBM Cognos provides integrated scorecards and strategic management capabilities to monitor performance metrics. It helps enterprises to meet corporate goals and market activities.
In addition to the services provided by IBM, Cognos users can conduct online detailed reviews. However, one of the most important features of Cognos according to its competitors is the ability to create reports while offline, i.e. without an internet connection. Where there is no Internet, this feature provides great convenience.
Inventories of all kinds of companies can be easily labeled. With IBM Cognos, supply chain or warehouse operations can be easily managed and tools and storage racks can be reduced. In short, it is easy to make a difference in inventory management with IBM Cognos.
SAP BusinessObject
Working from different databases, SAP Business Object is a user-friendly platform with easy-to-use and robust infrastructure. With SAP Business Object, a web-based program, flexible and visual reports can be easily prepared.
Using different data sources and providing fast access to information makes it easy for companies to make reliable informed decisions. The most important reasons why SAP Business Object is often preferred are to be understandable and scalable, as well as easy to use and manage.
Crystal Reports
This program helps to prepare flexible and reliable reports with rich formatting tools. If it is important to generate customized reports in your company and complex data relationships are required, Crystal Reports will be a good choice for you.
Having twenty-four different language options, powerful reporting tools, and the ability to use large data sources are its advantages as well as being available to use online and offline.
The two platforms are fully compatible with each other, just as SAP has both Business Objects and Crystal Reports. Although there is no direct compatibility between Cognos and Crystal Reports, some third-party tools allow compatibility between them.
Choosing the Right BI Platform
A good and effective BI platform can dramatically shorten the time it takes to collect and analyze data from different sources. So this will reduce the extra workload on people and make them work more efficiently.