Business Intelligence, Analytics and Cognos

Congratulation to Ankit Garg on publication of his book on Cognos TM1! Another addition to PACKT's cookbook series with this great contribution by Ankit Garg to the world of BI. Please do check out this book today. . A comprehensive developer’s guide for planning, building, and managing practical applications with IBM TM1 . No prior knowledge of TM1 expected . Complete coverage of all the important aspects of IBM TM1 in carefully planned step-by-step practical demos . Practical recipes that illustrate the use of various TM1 features http://www.packtpub.com/ibm-cognos-tm1-for-planning-budgeting-forecasting-solutions-cookbook/book

Written by: Ankit G Cognos planning (EPS) was the flagship planning and budgeting solution from Cognos until Cognos took over Applix and hence TM1. Now they are promoting both the products as planning and budgeting solution. I have installed and evaluated both but did not find much differences, as long as application is concerned (in order to recommend one over the other). Some points I found worth noting are: 1) EPS has got a better workflow management and matured front end, hence if you have large number of users spread across various locations who want to collaborate and enter planning data, EPS would be a better solution than TM1. 2) EPS works on a 32 bit engine. Analyst has difficulty while loading large slices of data in contiguous RAM. Contributor also moves large blocks of data in and out of datastore in the form of xml. Hence scalability and performance is a problem in case the data is in very large volumes. TM1 uses 64 bit architecture and hence faster while dealing large amo...