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Cognos unveils new version of TM1 for Financial Performance Management

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Cognos, an IBM company and a provider of business intelligence and performance management solutions, has announced the availability of IBM Cognos TM1 9.4, an enhanced version of its performance management solution for enterprise and mid-market organisations.

The latest version of IBM Cognos TM1 9.4 features enhanced intuitive analysis and reporting capabilities, higher levels of compliance and software standardisation, and integration with IBM Cognos 8 BI. Based on a patented, 64-bit, in-memory multi-dimensional OLAP server, Cognos TM1 gives users real-time insight into the impact of their financial performance management activities including planning, budgeting, forecasting, and consolidation.

Powered by the TM1 analytics engine, IBM Cognos TM1 9.4 enables strategic analysis of financial, transactional, operational and other large-volume business data, allowing users to see sophisticated views of mission-critical information. As a result, users can perform 360-degree analytics, easily spotting trends that can optimise budgeting, planning, reporting, and forecasting processes and outcomes. TM1 9.4 also includes enhanced administration features, dramatic usability improvements for Excel and Web users, and compliance with Vista and Office 2007.

One of TM1’s most significant new features is “Active Forms”, which provide a number of new or updated capabilities for both power users and end-users.
These include reports with asymmetrical drill-down; parameter-driven row definition; intuitive style-based report formatting; an identical user experience in both thick or thin client; and server-side zero suppression for improving end-user responsiveness. These functions are valuable for a fully interactive environment that innovates on TM1’s historical strength in Excel-based application authoring.

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