Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - IBM Cognos BI or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than IBM Cognos BI, and Workday Adaptive Planning is rated higher (94/100) than IBM Cognos BI (92/100). Workday Adaptive Planning offers users more features (15) 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. Workday
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.
Workday: In 2005, software visionaries Dave Duffield and Aneel Bhusri met for brunch at a Truckee diner, a few miles north of Lake Tahoe. They decided to form a startup—one that would sell cloud-based finance and HR software. The two longtime friends had plenty of experience. Dave founded PeopleSoft in 1987 and served as the company's CEO and board chairma...
Who is more expensive? IBM Cognos BI or Workday Adaptive Planning?
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 Workday Adaptive Planning.
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. Workday Adaptive Planning price starts at $15,000 per license , When comparing Workday Adaptive Planning to its competitors, the software is rated 8 - higher than the average Business Intelligence software cost.
Bottom line: Workday Adaptive Planning is more expensive than IBM Cognos BI.
Which software includes more/better features?
We've compared IBM Cognos BI Vs. Workday Adaptive Planning based on some of the most important and required Business Intelligence features.
IBM Cognos BI: Data Import/Export, Basic Reports, Online Customer Support.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
IBM Cognos can be deployed for the business intelligence needs of any business regardless
of size and type. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.