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IBM TM1 10.2 vs IBM Planning Analytics

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Loss vs Gain? As we know – one thing that is constant is change and in the technology the change is always for the advancement from current and improvising the existing features. IBM has made significant changes to its Financial Performance Management product and has rebranded TM1 to IBM Planning Analytics. Rebranding TM1 to Planning Analytics does not mean you are going to lose existing tools like Architect, TM1Web, Perspective, Performance modular, Insight etc. IBM has enhanced the existing tools and improvised them. Few among many are listed below. The Cognos TM1 Web UX is totally ...

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What is IBM Planning Analytics Local

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IBM Planning Analytics Local is the new version of TM1 which was released by IBM in December 2016. IBM has rebranded TM1 to IBM Planning Analytics Local. Get used to using the name Planning Analytics instead of TM1 IBM Planning Analytics is a fast, easy, flexible and complete self-service planning and analytics solution, build on a modern cloud architecture, using as its core, a new generation of the proven TM1 in-memory calculation engine. IBM Planning Analytics is available both as an on premise and cloud based solution. Below is the list of features added to the new version of TM1 aka IBM ...

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Is developer documentation important?

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Although we as devlopers solve problems and that gives us a feeling of success and empowerment, I landed on the realisation that by documenting a problem not just jumping in and fixing it; helps make better decisions. Ok now some of you might ask How did you get there? Others might say well yes of course. I'd like to think that it’s not for any of the obvious reasons you might think of. Let's see. Not all problems will provide a eureka moment but a couple, even one on a particular subject can lead to the formulation of a business transformation initiative. Yes it's happened and while my heart ...

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Why is TM1 best tool for Allocations ?

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How to utilize TM1 Planning Analytics functionality for your Technology Allocations Allocation Technology and other Service charges back to the departments is typically a difficult exercise for most organisations. There is a large amount of different data sources , data mapping, calculations and reporting capability required. This is just for the actuals – forecasting accurately is usually a bridge too far for most organisations. It does not have to be this difficult! Why do we need to allocate charges – It largely influences the behavior and ensures that departments incur appropriate level ...

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How CFOs can improve a company's efficiency by automating the process

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As the CFO of your company, your organisation relies on you for more than just numbers. Yes, spreadsheets and financial reports are the hallmarks of your profession. But what about business intelligence and forecasting? Today, the explosion of data available in business matches the explosion of competition in today’s markets and CFOs need to harness that wealth of data to compete. CFOs need better business intelligence tools to identify upcoming opportunities and grab them before their competitor does. They also need to foresee potential losses and advise on how to mitigate risk. In short, ...

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Take complexity out of Excel and systemize data with IBM Cognos TM1

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IBM Cognos TM1 supported by Planning Analytics is the ideal technology for making Excel-centric budgeting, forecasting, financial reporting and any spreadsheet-based analytical application scale to the enterprise. IBM's TM1 for Microsoft Excel brings the power and familiarity of Excel to the arena of modern enterprise performance management. Planning Analytics, on the other hand, enables business and financial analysts, line-of-business managers and others to explore and analyse data from a variety of different sources—including IBM Cognos TM1 and IBM Cognos Business Intelligence—without IT ...

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Increase your TM1 engagement with end User Training

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Is your organisation not realising the full potential of your IBM TM1 implementation? A quick and easy way to increase your productivity, reduce cost and risk is to ensure your users are properly trained in your TM1 model. The best deployed TM1 models can have limited engagement and usefulness if your users are not using it properly TM1 models are built ground up and almost always unique to the organisation so a stock TM1 training usually does not help. 4 Key features of a effective TM1 training delivery Training is tailored to the needs of your users - Almost all TM1 models are unique to ...

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Being a Consultant: Master vs Jack of all trades

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In this article is not about being a master and his trusted advisor, this is about trying to find out what are the necessary traits for a successful consultant. I'll be comparing the ideas of 'Master of one' Vs 'Jack of All' Vs 'Master of All'. Let's start from the last one 'Master of All' and with a bit of self reflection, do you really think it is possible for anyone to be a master of everything? I am not quite a believer of this, although, theoretically it is possible but practically in the ever changing world it is impossible to master all the technologies because human psychology says ...

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Removing the ‘bug’ from Debugging in TM1

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Often times, when we as a developer are loading the data from a particular source and intend to create a view to debug the data for analysis and troubleshooting, typically we do it by creating the view and subsets and assigning the subsets to the view in Prolog tab. The elements from the source are then added to the subset in data tab by using SubsetElementInsert function. This will work seamlessly as long as there is only one record for one element in the source. As soon as the TI encounters multiple records of each element, it starts to add that element again in the subset resulting in ...

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It's important to know how to handle null values in TM1

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By default a numeric value in TM1 is 0. If an attempt is made to store a zero in a cell of the cube, that storage request is ignored. If we input 0 for an intersection, TM1 treat it as NO value instead of 0 value. Instead we can use the UNDEFVALS function. This is to be defined in the Rules file which will enable the end user to input 0 value. Scenario Let’s create a simple cube with 3 dimensions Cube Name: Test Dimension: Actvsbud Region Month Fill up dummy values in cube for the intersection, Actual, all the months and United States Region Open Rule file for Test Cube and type UNDEFVALS; ...

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A how to be a better developer

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It's hard in our industry particularily when when starting to guage how good you are or how much you know in relation to the products, especially when you don't get to mix and mingle with other Planning Analytics or TM1 developers. Worse is that you don't get to see / hear about other implementations / environments. The aim with this blog is to feature every so often different things you can do to keep work feeling fresh, help, and to push you in different directions. You don't necessarily know how good you are if you're not covering off the basics. So lets start there. Step 1: Can it be done ...

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How to Implement Parallel Interaction in TM1

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With today's increase in data volumes it is becoming more important to handle the high demand (either loading or accessing) of data conccurrently or in parallel. This blog will assist you by noting the benefits, enabling the functionality, as well as giving you an example. Let's start with the what parallel interaction / concurrency is and it benefits: It's a IBM server feature allowing concurrent operations (read/write). The concurrency operations can be performed on the same cube object. Writing to a cube will not lock it. This means that it will not wait for readers using the same cube to ...

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The Most Influential BI Trends in 2017

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I have been closely following and writing about trends in the business intelligence market over the past three years. During this time, I can’t say that we’ve seen any “radically new” trends, and I don’t expect any to emerge in the second half of 2017. What I have seen, so far in 2017, is the “evolution” of the dominant trends driving a dynamic BI market. The global business intelligence market is expected to reach USD 26.50 billion by 2021, growing at a CAGR of around 8.4% between 2016 and 2021 (Zion Market Research). Here are the 5 BI trends predicted to most influence the BI market in 2017 ...

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Have You Considered Outsourcing Your TM1 Support? Great!

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This may be the most cost effective and scalable method to take your TM1 application to the next level. There are many reasons why outsourcing your TM1 support and development could be the right solution for your organisation: - Access to highly skilled TM1 developers on demand in a cost effective way - Models built a couple of years ago haven't evolved with the business - Lack of ownership within the organisation - Shortage of skilled TM1 specialists capable of managing the application In today's blog, we would like to list and discuss the five key benefits of outsourcing your TM1 support ...

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TM1 upgrade to Planning Analytics, and Planning Analytics Workspace

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IBM is truly living up to its principles of a focus on customer outcomes, restless reinvention, and diverse empowered teams. I believe there is no better reflection of this that IBM’s latest release of Planning analytics (powered by TM1) No one anticipated that the next iteration would be a such a quantum leap forward. Both in terms of intuitive use, and cutting edge looks; it is refreshing to see IBM invest in this software to bring it ahead of the competition. That’s right I said ahead. To start, with certain installations you will be able to integrate with Watson, that’s right Watson! ...

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Dimension Element Security

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Element Security is to set security at dimension element level. Members of the group can access, update, reserve, lock, and delete the element. They can also grant security rights to other users for this object. Element security will be defined in} ElementSecurity_.cub. By default element security is set to WRITE access to all the members Different type of Access Privileges Admin: Members of the group can access, update, reserve, lock, and delete the element. They can also grant security rights to other users for this object Lock: Members of the group can view and edit an element and can ...

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TI Debugger Overview

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The TurboIntegrator Debugger is a simple tool which allows users to set breakpoints and step through TurboIntegrator processes to identify possible issues or errors in your scripts. The TI Debugger is available for Planning Analytics Local. Steps to configure TM1 Server can be found in the link below: https://developer.ibm.com/recipes/tutorials/ibm-tm1-turbointegrator-debugger/ KEY FEATURES Process List User specified breakpoints View object locks on the TM1 server Save and edit TI scripts live INTERFACE The interface is very simple and user friendly with familiar tabs like Prolog, Metadata, ...

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Config parameters in PA on Cloud - Caveats

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As per the IBM’s guidelines, the following points must be taken into considerations pertaining to Planning Analytics on Cloud. The tm1s.cfg file must exist in the base directory Any folders that you create must be below the base directory The location or the name of the base directory cannot be changed The existing tm1s.cfg file must not be replaced from another server. Link: https://www.ibm.com/support/knowledgecenter/SSD29G_1.0.0/com.ibm.swg.ba.cognos.tm1_cloud_mg.10.3.0.doc/c_tm1_cloud_faq.html In addition to the above, the following config parameters in tm1s.cfg file must not be modified ...

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Sandbox comparison on Planning Analytics Workspace

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Sandbox, also known as Personal Workspace is your personal work area where you can edit the data values as many times as you want and keep the changed data separate from the base data. Sandboxes and Personal Workspaces are private to each user and cannot be seen by other users. Your data values are viewable to others only when you commit them back to the base data. A Personal Workspace is a special, default sandbox that is unnamed and always where you work if that capability is turned on. To find out more about Sandbox, go the following link: ...

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Using Alias in Rule and Feeders

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In TM1 rules, an alias could be used in defining the target area (area definition), within rule calculation as well as in Feeders. However, few things must be kept in mind when using Alias in the Area definition of the cube. As the rule is now using the attribute value to dictate the rule calculations, it adds a potential risk of inadvertently updating the alias by the users thereby resulting in incorrect calculations. This could be mitigated by applying security on control objects. TM1 establishes cube dependency as the calculations are now dependent on alias values which resides in a ...

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Automating testing with TM1 aka Planning Analytics

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TM1 / Planning Analytics is a robust tool. Typically with other software vendors you need to rely on 3rd Party applications to test. This is not the case with TM1 depending on the type of testing you need done. There are 3 major factors that need to be taken into consideration to define whether you are doing adequate software testing time, cost, and quality. Time and cost is easy to measure but the hardest thing to measure is quality. Especially with manual testing or human testing. In executing the same steps over and over we tend to find short cuts for not doing things the right or long ...

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The Octane Difference

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Choosing or even switching consulting companies is never an easy choice. Sometimes competitors make that easy be ruining relationships but being the newest on the scene also comes with inherent challenges. Although we have the best in the business, and we are landing new large clients being the latest player in the market is hard. Especially with customers who think all consultants provide the same. At times Price seems to be the only way a customer tries to tell us apart but what’s on offer is always VERY different. So here we are doing something else different, let us tell you about the ...

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What makes a good TM1 consultant?

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The simple answer to what makes a good TM1 consultant is anyone who can do their programming in turbo integrator, write business rules, feeders, and perform an installation of TM1. Can it really be that simple? If those are the qualities of a consultant then what does it mean to be a TM1 developer? This is where the confusion starts. If the above are qualities of a TM1 developer (which is the first stage of becoming a TM1 Consultant) that means we are yet to discover the answer to the question. Know that the expectation of a consultant is over and above that of developer. So what should you ...

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Planning Analytics Virtual Dimensions through TI Process

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Background Virtual Dimensions will change the game of Analysis with Planning Analytics (Powered By TM1) You can use Product, Customer or Employee Attributes in your slice/dice/pivot tools as ‘Virtual Dimensions’ without having to physically define them as a dimension when creating the cube You can add virtual dimension at any time after the cube exists, so your analysis opportunities are endless Cubes can now be half the size and twice as fast bec ause you don’t need physical dimensions to drive analysis And further, you can add fresh new data to your analysis ‘On the Fly’ with no disruption ...

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Maximum Login Attempts in TM1

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What happens when a user attempts 3 incorrect passwords in TM1? When the user attempts the 4th time he/she will get a message saying: “The maximum number of login attempts has been exceeded” How do we resolve this? Option 1: Admin user to go to Security and then to Client/Groups And then clear that user’s password and re-type a new password And then shoot an email to the user saying your temp password is xxxx and please follow the steps to change your password (which is for the user to login using his new temp password and then go to Security and select change password) Option 2: Another ...

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Capturing and Viewing Rule Statistics in TM1

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TM1 has got multiple control cubes. One of the control cube which was introduced with the release of planning analytics is }StatsByRule Control cube. With the help of this control cube a number of rule related stats can be viewed This cube has got 3 dimensions }Cubes – Each cube on the TM1 server is included as an element in this dimension }LineNumber – elements 1 through 10,000. The elements correspond to line numbers in a TM1 rule. }RuleStats – Contains elements that correspond to the information and statistics that are stored for rules on your TM1 server, Including Element Description Rule ...

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6 Tactics to Implement Rolling Forecast

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Budgeting and Forecasting is a key function provided by the Finance team. Its no secret that most of the teams dread the budgeting period. Not only it ends up being a manual data crunching and bogged down in spreadsheets it also is a soul destroying exercise as many Finance professionals go through the motions knowing that the numbers they are generating are not relevant and cannot be reliably used to make key enterprise decisions. Organisational complexity is growing. Business demands more insights, better granularity and driver based projections. With evolving business environment ability ...

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