IBM is launching new software to break down data silos and streamline planning and analysis

The solution includes a new analytics content center to bring together business intelligence solutions from multiple vendors

November 3, 2022

Armonk, New York, November 3, 2022 /PRNewswire/ — IBM (NYSE: IBM) announced new software designed to help enterprises segment data and analytics so they can quickly make data-driven decisions and navigate unexpected controversies. IBM Business analytics firm It’s a collection of business intelligence planning, budgeting, reporting, forecasting and dashboarding capabilities that give users a robust data source view of all their operations. With IBM planning analysis Watson and IBM Cognos Analytics by WatsonThis suite includes a new IBM Analytics Content Hub that helps streamline how users find and access analytics and planning tools from multiple vendors in a single, personalized dashboard view.

as one August 2022 Forrester reports that organizations leading advanced insights are 1.6x more likely to report using data, analytics and insights to create experiences, products and services that differentiate them in the marketplace compared to startups.¹. However, companies are currently facing a highly dynamic operating environment where they must navigate unexpected events such as supply chain disruptions, labor and skills shortages, evolving regulations and more. The complexity of storing data in separate silos makes this even more challenging as teams collaborate on different analytics and business intelligence tools. To become data-driven, businesses can set themselves apart by creating an enterprise-wide strategy that allows them to bring together their tools and put insights in the hands of decision makers.

Building on IBM’s existing portfolio of business intelligence solutions, IBM Business Analytics Enterprise includes new IBM Analytics Content Center. It is designed to enable users to view planning and analytics dashboards from multiple vendors, including tools such as IBM Cognos Analytics. WatsonIBM planning analysis with Watson, and other common business intelligence tools into a single view that combines elements from each in a dashboard tailored to their specific needs. In addition, it contains algorithms that can recommend role-based content to help users extract new stories, reports and dashboards from the organization in decision-making. As more users click on materials in the IBM Analytics Content Hub, the solution analyzes usage patterns to recommend content that matches their specific needs.

New capabilities for IBM Cognos Analytics Watson; IBM planning analysis with Watson It is expected to be available on AWS

with today’s news With IBM Cognos Analytics WatsonAn AI-powered business intelligence solution, it now includes new integration capabilities and improved forecasting that allow users to consider multiple scenarios and time periods in their trend forecasts. in addition, IBM planning analysis with WatsonThe AI-powered solution, which 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 break down silos so the right teams can access the right information at the right time. For example, an organization’s sales, HR, and operations teams may want to access data and insights from a variety of business intelligence and planning tools, such as optimizing sales goals, building workforce forecasts, or forecasting operational capacity. But when it’s important to share data and reporting across departments, complications can arise because those teams are using multiple solutions. This can result in duplicate content across applications, which can compromise data consistency and quality. IBM Business Analytics helps enterprise data be easily shared, preserved and avoids data duplication by giving users across departments a single point to view the data they need.

“Businesses today are trying to become more data-driven than ever as they navigate the unpredictable landscape of supply chain disruptions, labor and skills shortages, and regulatory changes,” he said. Dinesh Nirmal, general manager of data, AI and automation, IBM. “But to be truly data-driven, organizations must be able to provide their disparate teams with more comprehensive analytics tools and a complete set of business data without compromising their compliance, security or privacy programs. IBM Business Analytics Enterprise provides a way to bring analytics tools together in a single view, regardless of the vendor or where the data resides.” Whatever it is.

ALH Gruppe is a leading finance and insurance company in GermanyAnd with thousands of employees who need access to data insights, many of whom are not data scientists or highly technical users, they are looking for a solution to help streamline their data infrastructure.

“We have been using IBM Cognos Analytics Watson It has been around for over a decade to support all kinds of decisions in all our businesses. “We often use it in conjunction with other business intelligence tools, and one of the challenges is that those tools are always standing side by side with no connection between them, so the data is separated,” said Bernd Oertle, head of analytics reporting and infrastructure. ALH Gruppe “With the new IBM Analytics Content Hub, we plan to connect internal stakeholders with a number of different BI solutions for easy access to self-service information, which will better support our core customers.”

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

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

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

About IBM
IBM is a leading global hybrid cloud and AI and business services provider, helping customers in more than 175 countries improve insights from their data, optimize their business processes, reduce costs and gain a competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure fields such as financial services, telecommunications, and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift for fast, efficient, and secure digital transformation. IBM’s innovations in AI, quantum computing, industry-specific cloud solutions and business services offer our clients open and flexible options. All of this is backed by IBM’s commitment to trust, transparency, accountability, inclusiveness and service. For more information, visit www.ibm.com.

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Source IBM