Analysis of Using a Business Intelligence Tool (COGNOS) in a Company to Result in More Efficient and Intuitive Company in the Current Era

In current economy, every organization wants to cut down on costs and invest wisely on their investments. Due to the fact that businesses have become very competitive in current market, every company is forced to focus on improving their efficiencies by doing analysis on their historical data as well as current data pertaining to their company and then make decisions regarding their strategies. Over the years, it has become a challenge to the IT departments to meet the business needs as they have many kinds of report requirements from their stake holders. Most of the companies implement Business Intelligence solutions to help their reporting, analysis needs but many of them either fail or they end up not using them due to lack of requirements from their stake holders and they all end up in manual process. This paper will be focused on Architectural aspects of BI Tool that an Organization must focus in order to implement successful BI solution and discuss on challenges faced by Companies without having BI solution available for Business Community and finally discuss the benefits of using Cognos as BI tool to result in the more efficient and intuitive company in current economy and gain market growth.