April 4, 2019
Are you an IBM Cognos Planning Analytics also referred to as Cognos TM1 client? Did you know that TM1 version 10.2.2 is no longer supported after September 2019. (See Lifecycle of TM1 https://www-01.ibm.com/software/support/lifecycleapp/PLCDetail.wss?synkey=W204762F30868K79-K079999J59975R93-U084379N88437X84) Therefore, your choices are to:
For many clients Lodestar Solutions is now saying, ”Don’t Upgrade IBM TM1! Move to the Cloud!”
LODESTAR SOLUTIONS NOW RECOMMENDS IBM’s ANALYTIC CLOUD /SAAS OFFERINGS
If you have worked with Lodestar Solutions over the years you heard us caution clients against the cloud, because we didn’t think the cloud was a viable, and cost-effective solution for our on-premise TM1 and Cognos BI clients. Well things change and IBM now has a SaaS offering that should be explored by on-premise clients.
WHAT’S CHANGED IN IBM CLOUD OFFERING
Wondering why Lodestar Solutions has changed their mind? IBM has drastically changed their SaaS cloud offering for Cognos Planning Analytics (TM1) and Cognos Analytics (BI). They changed:
A long time TM1 client called Lodestar about a month ago asking about IBM’s cloud offering. They had a new Director of IT and he wants SaaS. This client had a small deployment of TM1 but knew they needed to upgrade to the latest version, or they would not be supported by IBM come September 2019. The IT director did not want to pay to have consultants upgrade the system. Meanwhile the finance team desperately wanted the new functionality of Cognos Planning Analytics including the powerful dashboarding capabilities of Workspace. For this client to get Workspace functionality they would need to invest in more licensing but did not have the budget for IBM licensing.
- Note: Older TM1 clients typically do not have rights to the Planning Analytics Workspace unless they purchased the workspace add on! https://lodestarsolutions.com/7-reasons-why-you-should-purchase-workspace-paw/
- Contact us if you want to know if you have Workspace rights. Sales@lodestarsolutions.com
Lodestar Solutions, with the help of the IBM representative, was able to structure a purchase of the IBM Cloud offering for Planning Analytics so that the cost to the client was slightly higher than the renewal. But the benefits for the client by moving to IBM’s cloud were huge!
A couple secrets to getting the best deal on moving to IBM’s SaaS offering
So, are you ready to have your system upgraded? Ready to use the amazing functionality of workspace? Let Lodestar Solutions help in in the process. From negotiating a great subscription to training you on the new functionality, we have you covered. Save time and money. Don’t Upgrade IBM TM1! Move to the Cloud! Don’t wait until your renewal to discuss your options, contact us today 813-415-2910.