Shlomi Lavi /
Mar 12, 2022
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Bottom Line: Which is Better - IBM Cognos BI or Balanced Scorecard?
Balanced Scorecard is more expensive to implement (TCO) than IBM Cognos BI, and Balanced Scorecard is rated with the same score (92/100) as IBM Cognos BI (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:
IBM Vs. MGI Solution
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.
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...
Who is more expensive? IBM Cognos BI or Balanced Scorecard?
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 IBM Cognos BI and Balanced Scorecard.
IBM Cognos BI price starts at $10 per user/month , On a scale between 1 to 10 IBM Cognos Business Intelligence is rated 6, which is similar to the average cost of Business Intelligence software. Balanced Scorecard price starts at $125 per user/month , When comparing Balanced Scorecard to its competitors, the software is rated 8 - higher than the average Business Intelligence software cost.
Bottom line: Balanced Scorecard is more expensive than IBM Cognos BI.
Which software includes more/better features?
We've compared IBM Cognos BI Vs. Balanced Scorecard based on some of the most important and required Business Intelligence features.
IBM Cognos BI: Data Import/Export, Basic Reports, Online Customer Support.
Balanced Scorecard: Basic Reports, Dashboard, Data Import/Export, Online Customer Support, Data analysis.
Target customer size
IBM Cognos can be deployed for the business intelligence needs of any business regardless
of size and type. Customers of the software include small and medium businesses from a variety of industries.