Compare SuiteAnalytics and IBM Cognos TM1 - Jul 2022
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Bottom Line: Which is Better - SuiteAnalytics or IBM Cognos TM1?
IBM Cognos TM1 is more expensive to implement (TCO) than SuiteAnalytics, and SuiteAnalytics is rated higher (94/100) than IBM Cognos TM1 (82/100). SuiteAnalytics offers users more features (8) than IBM Cognos TM1 (5). There is a clear winner in this case and it is SuiteAnalytics!
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:
NetSuite Vs. IBM
NetSuite: NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more. More than 12,000 high-growth and midsized companies and divisions of large enterprises...
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? SuiteAnalytics 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 SuiteAnalytics and IBM Cognos TM1.
SuiteAnalytics price starts at $499 per month + $99 per user , On a scale between 1 to 10 SuiteAnalytics 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 SuiteAnalytics.
Which software includes more/better features?
We've compared SuiteAnalytics Vs. IBM Cognos TM1 based on some of the most important and required Business Intelligence features.
SuiteAnalytics: Inventory Optimization, Order Entry, Purchasing, Vendor Managed Inventory, Warehouse Management, Data Import/Export, Basic Reports, Online Customer Support.
IBM Cognos TM1: Budgeting & Forecasting, Financial reporting, Forecasting, Income Statements, Profit / Loss Statement.
Target customer size
NetSuite Analytics is best for small to large business in the industries of retail, wholesale distribution, manufacturing, marketing, consumer products, customer service, department stores, E-Commerce, and industries in the non-profit department. Customers of the software include businesses of all sizes including various Fortune 500 companies.
IBM Cognos TM1
starts at $5 per user/month
IBM Cognos TM1 is an enterprise planning management solution for businesses of all sizes. It offers such capabilities as planning and analytics, flexible modeling, user engagement, and others. The softw...
Compare PricingCompare specifications
SuiteAnalytics Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Business Intelligence -> SuiteAnalytics review |
Company: | NetSuite |
Pricing: | starts at $499 per month + $99 per user |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | SuiteAnalytics review, SuiteAnalytics pricing, SuiteAnalytics alternatives |
IBM Cognos TM1 Specifications
ITQlick Score: | 82/100 |
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ITQlick Rating: |
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Pricing: | 8/10 - high cost |
Category: | Business Intelligence -> IBM Cognos TM1 review |
Company: | IBM |
Pricing: | starts at $5 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | IBM Cognos TM1 review, IBM Cognos TM1 pricing, IBM Cognos TM1 alternatives |
Compare features
SuiteAnalytics: 8 Features
IBM Cognos TM1: 5 Features
Auditor - Shlomi Lavi
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.