Compare IBM Cognos TM1 and Sigma Estimates - Jul 2022

Shlomi Lavi

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Bottom Line: Which is Better - IBM Cognos TM1 or Sigma Estimates?

IBM Cognos TM1 is more expensive to implement (TCO) than Sigma Estimates, and Sigma Estimates is rated higher (87/100) than IBM Cognos TM1 (82/100). IBM Cognos TM1 offers users more features (5) than Sigma Estimates (4).

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. CFO on the go

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.

CFO on the go: CFO on the go provides leading-edge business solutions to construction, service & real estate business. CFO on the go specializes in the implementation, consulting, and training of Sage Construction solutions including Sage 300 Construction and Real Estate (formerly Sage Timberline Office), Sage Estimating (formerly Sage Timberline Estimating) and ...

Who is more expensive? IBM Cognos TM1 or Sigma Estimates?

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 TM1 and Sigma Estimates.

IBM Cognos TM1 price starts at $5 per user/month , On a scale between 1 to 10 IBM Cognos TM1 is rated 8, which is higher than the average cost of Business Intelligence software. Sigma Estimates price starts at $175 per user/month , When comparing Sigma Estimates to its competitors, the software is rated 2 - much lower than the average Business Intelligence software cost.

Bottom line: IBM Cognos TM1 is more expensive than Sigma Estimates.

Which software includes more/better features?

We've compared IBM Cognos TM1 Vs. Sigma Estimates based on some of the most important and required Business Intelligence features.

IBM Cognos TM1: Budgeting & Forecasting, Financial reporting, Forecasting, Income Statements, Profit / Loss Statement.

Sigma Estimates: Customizable Categories, Audit Trail, Data Analysis Tools, Construction.

Target customer size

Customers of the software include businesses of all sizes including various Fortune 500 companies. and Sigma Estimates's target customer size include: Small, medium and large size businesses.