IBM launches new software to break down data silos and streamline planning and analytics

IBM has announced new software designed to help enterprises break down data and analytics silos so they can make data-driven decisions quickly and navigate unpredictable disruptions. Its Business Analytics Enterprise is a suite of business intelligence planning, budgeting, reporting, forecasting, and dashboard capabilities that provides users with a robust view of data sources across their entire business. Along with IBM Planning Analytics with Watson and IBM Cognos Analytics with Watson, this 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 an August 2022 Forrester report, advanced insights-driven organizations are 1.6x more likely to report using data, analytics, and insights to create experiences, products, and services that differentiate them within the market when compared to beginners. However, companies are currently facing a highly dynamic operating environment where they must navigate unpredictable events such as supply chain disruptions, labor and skills shortages, evolving regulations, and more.

The complexity of storing data across disparate silos can make this more challenging as teams collaborate across different analytics and business intelligence tools. To become data-driven, businesses can differentiate themselves by creating an enterprise-wide strategy that enables them to bring together their tools and put insights into 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 Watson, IBM Planning Analytics with Watson, and other common business intelligence tools into a single view that combines elements from each in a dashboard tailored to their unique needs. Additionally, it features algorithms that can recommend role-based content...