TM1 Scorecarding and Cognos Metric Studio, a look into the future!

You might ask yourself, what do I need to know about TM1 Scorecarding and Cognos Metric Studio.  Cognos TM1 10.2, which launched in Q3 of 2013, includes scorecarding capabilities that are embedded directly in the Cognos TM1 product. It provides flexible metric model design, model scalability and data interactivity to the scorecard solution. IBM’s goal appears to be to create a closer synergy between scorecarding and strategic plans by allowing models to be developed for planning and analysis. Follow along to see what happens to IBM Cognos Metric Studio.

Cognos TM1 10.2, which launched in Q3 of 2013, includes scorecarding capabilities that are embedded directly in the Cognos TM1 product. It provides flexible metric model design, model scalability and data interactivity to the scorecard solution. IBM’s goal appears to be to create a closer synergy between scorecarding and strategic plans by allowing models to be developed for planning and analysis. Follow along to see what happens to IBM Cognos Metric Studio.

Cognos TM1 10.2, which launched in Q3 of 2013, includes scorecarding capabilities that are embedded directly in the Cognos TM1 product. It provides flexible metric model design, model scalability and data interactivity to the scorecard solution. IBM’s goal appears to be to create a closer synergy between scorecarding and strategic plans by allowing models to be developed for planning and analysis. Follow along to see what happens to IBM Cognos Metric Studio.

Cognos TM1 10.2, which launched in Q3 of 2013, includes scorecarding capabilities that are embedded directly in the Cognos TM1 product. It provides flexible metric model design, model scalability and data interactivity to the scorecard solution. IBM’s goal appears to be to create a closer synergy between scorecarding and strategic plans by allowing models to be developed for planning and analysis. Follow along to see what happens to IBM Cognos Metric Studio.

I love the fact that they are realizing that what’s on the scorecards should be directly tied to the planning process. Especially considering that TM1 can handle the complex calculations that can go into some measures. This is a great improvement!

How it works
The IBM Cognos TM1 Performance Modeler allows for the creation of a TM1 scorecard and resulting visualizations, which can then be consumed in Cognos Insight, Cognos TM1 Web and Cognos Workspace.

Licensing

• The Performance Management Modeler role (fka TM1 Modeler) and BI Architect (new licensing model) have design rights for Scorecarding, using the TM1 Performance Modeler tool.
• The Performance Management User (fka TM1 Contributor) and Enterprise User (fka Advanced Planner) have read-write scorecard rights in every client – TM1 Web, Cognos Insight, Cognos Workspace (through TM1 web widgets).
• The Business Intelligence User (new licensing model) and BI Advanced Business Author have read-write scorecard rights in Cognos Insight, and read-only rights in Cognos Workspace.
• The BI Enhanced Consumer has read-only scorecard access to published scorecard views and BI reports written against TM1 in Cognos Workspace. Note: A full Cognos Analytic Server (TM1) license is required for both PM and BI deployment. The Cognos Analytic Server for BI does not permit sufficient access to Performance Modeler functions for TM1 Scorecard modeling.
  

Future of Cognos Metric Studio?

Given that IBM is adding Metricsto TM1, what’s the future of Cognos Metric Studio? IBM has not announced any immediate changes for Cognos Metrics Studio. IBM will continue to incorporate customer-driven enhancements, test new conformance, and provide product bug fixes to Metric Studio. Cognos Metric Studio will continue to be supported and available for general purpose scorecarding and business intelligence-based metrics management.

Build New Scorecard Projects in TM1
It is the views of Lodestar Solutions, and not necessarily IBM, that clients may want to consider focusing on using TM1 for any new scorecarding initiatives instead of Metric Studio. If we examine the new licensing model release in 2013 by IBM and compare the functionality of each license

(see video http://www.youtube.com/watch?v=zgfcZeSLikQ on IBM Cognos Licensing), we will notice that Metric Studio functionality is not included in the new licensing model. It is my belief that, as IBM advances the metric functionality in TM1, TM1 most likely will be their go forward strategy for Metrics. Since currently there is no tool to move Metric Studio models to TM1, you may want to consider building any new scorecards in TM1.

As we learn more about IBM’s plans, licensing and the new functionality of TM1, we will keep you posted. The IBM licensing is subject to change. If you have any questions please contact us (813-254-2040) or your IBM sales representative for more information.   If you liked this blog onTM1 Scorecarding and Cognos Metric Studio, please check out on reporting in TM1 and BI by clicking here.