Compare IBM Cognos BI and Balanced Scorecard - Mar 2022

Shlomi LaviShlomi 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.

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.

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, Reporting.

Compare specifications

Compare features

IBM Cognos BI: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

Balanced Scorecard: 6 Features

Basic Reports
Dashboard
Data Import/Export
Online Customer Support
Data analysis
Project Collaboration
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
IBM Cogn...
ITQlick rating
4.1/5
Score
92/100
Pricing
7.6/10
License pricing
$10 per user/month
Functionality
23
Compare
Balanced...
ITQlick rating
4.5/5
Score
92/100
Pricing
8/10
License pricing
$125 per user/month
Functionality
16
Qlik Sen...
ITQlick rating
4.3/5
Score
95/100
Pricing
3/10
License pricing
$30 per user/month
Functionality
15
Compare
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.