Compare Balanced Scorecard and IBM Cognos BI - Mar 2022

Shlomi LaviShlomi Lavi / Mar 12, 2022

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Bottom Line: Which is Better - Balanced Scorecard or IBM Cognos BI?

Balanced Scorecard is more expensive to implement (TCO) than IBM Cognos BI, and IBM Cognos BI is rated with the same score (92/100) as Balanced Scorecard (92/100). Balanced Scorecard offers users more features (6) than IBM Cognos BI (3).

Looking for the right Business Intelligence solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

MGI Solution Vs. IBM

MGI Solution: MGI Solutions is a management consulting and custom software development firm specializing in corporate performance management (CPM) solutions. The company was founded byTony Ciotti in 1994 to consult high net worth investors on private equity investments and to consult growth companies on capital formation, corporate financial strategies, merg...

IBM: International Business Machines Corporation, or IBM, is an American corporation. IBM manufactures and markets computer hardware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

Who is more expensive? Balanced Scorecard or IBM Cognos Business Intelligence ?

The real total cost of ownership (TCO) of Business Intelligence software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Balanced Scorecard and IBM Cognos Business Intelligence .

Balanced Scorecard price starts at $125 per user/month , On a scale between 1 to 10 Balanced Scorecard is rated 8, which is higher than the average cost of Business Intelligence software. IBM Cognos Business Intelligence price starts at $10 per user/month , When comparing IBM Cognos Business Intelligence to its competitors, the software is rated 6 - similar to the average Business Intelligence software cost.

Bottom line: Balanced Scorecard is more expensive than IBM Cognos Business Intelligence .

Which software includes more/better features?

We've compared Balanced Scorecard Vs. IBM Cognos BI based on some of the most important and required Business Intelligence features.

Balanced Scorecard: Basic Reports, Dashboard, Data Import/Export, Online Customer Support, Data analysis, Project Collaboration.

IBM Cognos Business Intelligence : Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Customers of the software include small and medium businesses from a variety of industries. IBM Cognos can be deployed for the business intelligence needs of any business regardless of size and type.



Balanced Scorecard

ITQlick rating
(4.5/5)

starts at $125 per user/month

Balanced Scorecard is a cloud-based and on-premise strategic planning & management system tailored for small size and medium businesses. The software helps organizations to communicate their goals, align their ...

Categories: Budgeting & CPM, Business Intelligence, Dashboards & KPIs, Data analysis.

IBM Cognos BI

ITQlick rating
(4.1/5)

starts at $10 per user/month

IBM Cognos Business Intelligence is a growing cloud-based BI software, it is designed to support medium and large size business. IBM Cognos Business Intelligence received a rating of 4.1 from ITQlick team. Th...

Categories: Data Analysis Tools, Business performance management, Dashboards & KPIs, Data mining, Data Warehousing.

Compare specifications

Compare features

Balanced Scorecard: 6 Features

Basic Reports
Dashboard
Data Import/Export
Online Customer Support
Data analysis
Project Collaboration

IBM Cognos Business Intelligence : 3 Features

Data Import/Export
Basic Reports
Online Customer Support
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Balanced...
ITQlick rating
4.5/5
Score
92/100
Pricing
8/10
License pricing
$125 per user/month
Functionality
16
Compare
IBM Cogn...
ITQlick rating
4.1/5
Score
92/100
Pricing
7.6/10
License pricing
$10 per user/month
Functionality
23
Qlik Sen...
ITQlick rating
4.3/5
Score
95/100
Pricing
3/10
License pricing
$30 per user/month
Functionality
15
SuiteAna...
ITQlick rating
4.1/5
Score
94/100
Pricing
3/10
License pricing
$499 per month + $99 per user
Functionality
10
Sisense
ITQlick rating
4.6/5
Score
94/100
Pricing
4/10
License pricing
$83 per employee/month
Functionality
35

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.