Shlomi Lavi /
Dec 26, 2022
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Bottom Line: Which is Better - Qlik Sense or IBM Cognos TM1?
IBM Cognos TM1 is more expensive to implement (TCO) than Qlik Sense, and Qlik Sense is rated higher (95/100) than IBM Cognos TM1 (82/100). Both tools offer the same amount of features.
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:
QlikTech Vs. IBM
QlikTech:
QlikTech is a software company based in Radnor, Pennsylvania. QlikTech is the provider of QlikView, a Business Intelligence (BI) software, which combines the features of dynamic presentations, instantaneous data manipulation, and real-time data analysis.
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? Qlik Sense or IBM Cognos TM1?
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 Qlik Sense and IBM Cognos TM1.
Qlik Sense price starts at $30 per user/month , On a scale between 1 to 10 Qlik Sense is rated 2, which is much lower than the average cost of Business Intelligence software. IBM Cognos TM1 price starts at $5 per user/month , When comparing IBM Cognos TM1 to its competitors, the software is rated 8 - higher than the average Business Intelligence software cost.
Bottom line: IBM Cognos TM1 is more expensive than Qlik Sense.
Which software includes more/better features?
We've compared Qlik Sense Vs. IBM Cognos TM1 based on some of the most important and required Business Intelligence features.
Qlik Sense: Ad-Hoc Analysis, Ad-Hoc Reporting, Customizable Dashboard, Dashboarding, OLAP.
IBM Cognos TM1: Budgeting & Forecasting, Financial reporting, Forecasting, Income Statements, Profit / Loss Statement.
Target customer size
Since Qlik Sense has the ability to handle unlimited users, it can be used by different businesses of varied sizes. Customers of the software include businesses of all sizes including various Fortune 500
companies.