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Test Number : COG-480
Test Name : IBM Cognos 8 Planning Professional
Vendor Name : Cognos
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Beefy BI apps threaten to squash Excel | COG-480 test Questions and Practice Test

Beefy BI apps threaten to squash Excel

Beefy BI apps threaten to squash Excel

extra powerful enterprise intelligence equipment are threatening the dominance of Microsoft’s Excel in the place of work however industry consultants say it’s too early to jot down off the venerable spreadsheet yet.

“I think BI ubiquity should be upon us in the two and a half years. however Excel will not lose its cost in the company,” in response to Catherine Boivie, senior vice-president of advice technology for Pacific Blue go an extended health care and dental benefits provider based mostly in British Columbia.

a couple of yr ago, her company’s personnel all started the usage of BI utility from Cognos to put together studies that consider drug claims traits and tune revenues.

“Our individuals used to request the IT department for such evaluation, however with the new BI purposes they can now do it from their desks,” she referred to.

The analysis device additionally allows for PBC personnel to provide insurance and top rate costs.

despite the fact, Boivie pointed out, for simpler task Excel will remain frequent “because it is a fine spreadsheet.”

one in all Excel’s predominant merits is its pervasiveness in the workplace for a number of decades.

“through the years, americans have develop into very commonplace with the appear and believe of Excel,” stated George Goodall, senior analyst for consultancy enterprise data Tech research community, in London, Ont.

As a spreadsheet, he pointed out, the utility is a extremely versatile tool for “storing information, doing simple calculations and passing around that counsel.”

however in fresh years considerations over records integrity, safety and compliance with a lot of regulations governing information administration have highlighted the merits of BI applications, Goodall noted. “The query now becomes – what assistance can they permit to dwell in Excel?”

when you consider that data is contained in the spreadsheet itself there is very little by the use of safety to stay away from users from intentionally or inadvertently passing suggestions alongside via electronic mail to unauthorized viewers, he stated.

Traceability and lack of standardization is yet another situation that almost all establishments the use of Excel grapple with. for example, when a person initiates some advanced calculations on Excel it might be very challenging for an additional consumer to “dig out that components,” mentioned Boivie.

one of these condition commonly leaves employees “coping with disparate spreadsheets making an attempt to check who wrote what,” Goodall said.

firm had long struggled with safety hazards, lack of an audit path and manual methods that “managing efficiency on Excel on my own convey to the business,” said Paul Hulford, product advertising supervisor for Cognos Inc.

“With Sarbanes Oxley (a U.S. accounting legislation inspired by using the Enron scandal) and different rules, that degree of risk in now not suited,” he introduced.

Hulford mentioned one answer is to “bring the best of each worlds to vigor Excel users” with BI tools such as the Cognos eight BI analysis for Microsoft Excel.

The provider oriented structure-based mostly application allows for users to do their exploration and evaluation within Excel while the data resides in the cozy environment of Cognos 8 BI. The tool provides computerized refresh of records when numbers alternate.

enterprise Objects, a different BI tool supplier, additionally found it integral to “include” Excel since it is likely one of the areas individuals work.

within the prior years of BI know-how an awful lot of the items popping out of companies have been purposes targeted at a slim group of IT people and analysts, mentioned James Thomas, vice-president of advertising of BI content and tools for company Objects.

however is the previous two years the trend has been towards making BI software extra pervasive within the company atmosphere. “BI builders desired to attain out to people the place they worked. And people worked in functions such as Excel, MS office, and PeopleSoft.”

for example, enterprise Objects has Crystal Xcelsius, a degree-and-click on application that turns records into greater without problems accessible reviews and displays for executives and line employees.

The product can seriously change Excel spreadsheets into Microsoft PowerPoint, notice, Adobe PDF and web-based interactive shows, Excel dashboards or “visible what-if fashions,” spoke of Thomas.

Microsoft itself has integrated Excel into its own BI approach, in response to Ryan Dochuck, product supervisor for Microsoft Canada.

“We surveyed their BI shoppers and the number one request they got became to permit them to export records to Excel because it is akin to simple office interface,” he referred to

The demand encouraged incorporating Excel interface with such products as PerformancePoint 2007, Microsofts planning and forecasting device.

data-Tech’s Goodall believes Excel will continue to be used for someday “on the individual degree and for basic analysis.”

“As BI tools develop into more cost-effective and less complicated to use, use of the spreadsheet will ultimately be regarded suspect practice as a result of error replication issues, law compliance and security considerations.”

remark: edit@itworldcanada.com


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