2022-11-03 | NYSE: IBM | Press release

Solution includes a new analytics content hub to bring together business intelligence solutions from multiple vendors

ARMONK, NY, November 3, 2022 /PRNewswire/ –IBM (NYSE: IBM) announced new software designed to help businesses break down silos of data and analytics so they can quickly make data-driven decisions and navigate unpredictable disruptions. IBM Business Analytics Enterprise is a suite of business intelligence planning, budgeting, reporting, forecasting and dashboarding capabilities that gives users a robust view of data sources across their enterprise. With IBM Planning Analytics with Watson and IBM Cognos Analytics with Watsonthis suite also includes a new IBM Analytics content hub that helps streamline how users discover and access analytics and planning tools from multiple vendors in a single, personalized dashboard view.

According to a August 2022 Forrester report, organizations focused on advanced insights are 1.6 times more likely to report using data, analytics and insights to create experiences, products and services that differentiate them in the market compared to beginners1. However, businesses currently face a very dynamic operating environment in which they must deal with unpredictable events such as supply chain disruptions, labor and skills shortages, changing regulations, etc. The complexity of storing data in disparate silos can make it difficult as teams collaborate on different analytics and business intelligence tools. To become data-driven, companies can differentiate themselves by creating an enterprise-wide strategy that enables them to bring their tools together and put information in the hands of decision-makers.

Building on IBM’s existing portfolio of business intelligence solutions, IBM Business Analytics Enterprise includes a new IBM Analytics Content Hub. It is designed to allow users to view planning and analytics dashboards from multiple vendors, including tools like IBM Cognos Analytics with WatsonIBM Planning Analytics with Watson, and other common business intelligence tools into a single view that combines elements from each into a dashboard tailored to their unique needs. Additionally, it features algorithms that can recommend role-based content to help users surface new stories, reports, and dashboards from across the organization to aid in decision-making. As more users click on documents in IBM Analytics Content Hub, the solution analyzes usage patterns to recommend content that matches their specific interests.

New features for IBM Cognos Analytics with Watson; IBM Planning Analytics with Watson should be available on AWS

With today’s news, IBM Cognos Analytics with Watson, an AI-powered business intelligence solution, now also includes new integration capabilities and improved forecasting that allow users to consider multiple factors and seasons in their trend predictions. Additionally, IBM Planning Analytics with Watsonan AI-based solution that helps streamline financial and operational planning, is expected to be available as a service on AWS later this year.

IBM Business Analytics Enterprise is designed to help break down silos so the right teams can get the right data at the right time. For example, an organization’s sales, human resources, and operations teams each need access to data and information from different business intelligence and planning tools for their specific needs, such as goal optimization. sales, labor forecasting or operational capacity forecasting. But when there is a need to share data and reports across departments, complexities can arise as these teams use multiple solutions. This can lead to duplicate content in applications, which can threaten data consistency and quality. IBM Business Analytics Enterprise helps business data be shared more easily, while staying protected and avoiding data duplication by giving users of all departments a single entry point to view the data they need.

“Businesses today are trying to become more data-driven than ever as they face the unexpected in the face of supply chain disruptions, labor and skills shortages and regulatory changes,” said Dinesh Nirmal, Managing Director of Data, AI and Automation, IBM. “But to be truly data-driven, organizations need to be able to provide their various teams with fuller access to analytics tools and a more complete picture of their business data, without compromising their compliance, security, IBM Business Analytics Enterprise provides a way to bring analytics tools together in a single view, regardless of which vendor they come from or where the data resides.”

ALH Gruppe is a leading finance and insurance company in Germanyand with thousands of employees needing access to data insights, the majority of whom are not data scientists or highly technical users, they sought a solution to further streamline their data infrastructure.

“We use IBM Cognos Analytics with Watson for over a decade now to support decision-making of all kinds in our business. We frequently use it in conjunction with other business intelligence tools, and one of the challenges was that these tools were always side by side with no connection between them and the data was separated,” said Bernd Oerthle, Head of Analytical Reporting and Infrastructure, ALH Gruppe. “With the new IBM Analytics Content Hub, we plan to connect internal stakeholders to several different BI solutions for easy self-service data access, enabling better support for our end customers.”

The launch of Business Analytics Enterprise further builds on IBM’s strategy to provide businesses with tools to support data-driven decision making. IBM Cloud Pak for Data and IBM business intelligence solutions work in tandem to help customers create a data framework architecture that simplifies data integration, allowing them to run their analytics anywhere and leverage data in different environments.

Learn more about IBM Business Analytics Enterprise by reading the blog post or get started today by visiting: https://www.ibm.com/products/business-analytics-enterprise

Statements regarding IBM’s future direction and intentions are subject to change or withdrawal without notice and represent goals and objectives only.

About IBM

IBM is a leading global provider of hybrid cloud and artificial intelligence and business services, helping customers in more than 175 countries leverage insights from their data, streamline business processes, reduce costs and to gain a competitive advantage in their sectors. Nearly 3,800 government entities and enterprises in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to drive their digital transformations quickly, efficiently and safely. IBM’s breakthrough innovations in artificial intelligence, quantum computing, industry-specific cloud solutions, and business services provide open and flexible options for our customers. It’s all backed by IBM’s legendary commitment to trust, transparency, accountability, inclusiveness and service. For more information, visit www.ibm.com.

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Sarah Murphy

IBM Media Relations

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1“The State of Information-Driven Business, 2022”, Forrester Research, Inc., August 24, 2022

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James G. Williams