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Test Code : COG-703
Test designation : IBM Cognos TM1 10.1 Administrator
Vendor designation : Cognos
real questions : 150 actual Questions

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IBM Cognos TM1 10.1 Administrator education

beyond Retention: faculties expand records Analytics to commerce and Finance Operations | COG-703 actual Questions and VCE exercise Test

At schools huge and small, huge facts is a lot more than a buzzword. basically half of better education associations are harnessing it to enlarge retention, employing predictive analytics to establish students who may well subsist in danger in hopes of retaining them touching toward commencement. Yet increasingly, faculties are leveraging statistics analytics to forecast their revenues, target fundraising efforts and streamline commerce operations.

Jon Allen knows the breadth of statistics analytics firsthand. because the CISO and second vice president at Baylor college in Waco, Texas, he and his group took Splunk application and became it prerogative into a Swiss military knife for managing statistics throughout a network of greater than 20,000 machines.

Jon Allen, CISO, Baylor college.

Allen started the utilize of Splunk on a miniature scale about four years ago, effortlessly to conform to peripheral fragment interconnect requirements for community log monitoring. but the longer the institution looked at Splunk, the more methods they discovered to utilize it, he says. What started as a simple utility grew into a application license that now consumes four hundred gigabytes per day

as an example, Baylor uses Splunk to lower turnaround time on assist desk queries, similar to assisting users who're locked out of their debts. Now, as an alternative of spending hours poring over logs for each domain controller, server admins can throw them into Splunk and ascertain the acknowledge in minutes.

“here is in fact Google for your laptop records,” says Allen. “ ‘How am I going to subsist mindful what is going on with everyone these logs?’ That’s what Splunk does.”

information offers a transparent vision into Operations

As CISO, Allen uses Splunk to research community logins and correlate chance information between the server logs, firewalls and intrusion prevention techniques. Baylor has even used Splunk records to foretell the premiere locations to install access facets as its wireless community expands. more recently, Baylor has brought in logs from one of the crucial a hundred thirty-plus cloud functions it has deployed, similar to box, CrashPlan, Duo and Fischer IDM.

“Now they absorb visibility into their hybrid information center,” says Allen. “I don’t supervision if some thing is going on in the cloud or on-premises. i can observe what’s happening inner my firm.”

Allen says that Baylor has barely tapped Splunk’s capabilities for predictive analysis across a number school departments desirous to occupy talents of its capabilities. The proper value of Splunk, Allen says, is its capacity to deliver not simplest suggestions, however perception: “i can absorb gigs and gigs of records — who cares? but if i will in fact originate whatever meaningful and actionable out of that facts, that’s crucial.”

Addressing the Retention query

Many universities are only starting to occupy advantage of huge facts tools, says Alan Duncan, a analysis director at Gartner. Others are nevertheless on the talking stage.

tons of the discussion facilities on how to originate unavoidable students dwell in faculty long ample to comprehensive their levels, he says. by monitoring information reminiscent of college students’ check rankings and flush of rendezvous in on-line researching environments, associations are seeking for to establish students in danger and intervene before it’s too late.

Retention fees even absorb grave fiscal implications: If students drop out, a school may lose out on tuition funds. past that, it costs extra to recruit a student — contemplate advertising and marketing, travel and administration costs — than to maintain one. in the future, students who don’t conclude college are much less prone to pay off their pupil loans and to aid an alma mater as donors.

“There are each academic results and institutional results, and both can besides subsist uncomfortable bedfellows,” Duncan says. “associations absorb an interest within the welfare of scholars, however they even absorb to receives a commission for the tutorial functions they give.”

Analytics for monetary Forecasting

Budgeting and economic forecasting are the basic reasons that Northwestern school outdoor Chicago makes utilize of IBM Cognos TM1, says Lauren J. Pahnke, senior systems analyst for Northwestern’s finance, amenities and research administration methods.

In training for each and every fiscal yr, each arm submits a projected budget. These are entered into Cognos TM1 and imported into the school’s monetary system, the space adjustments can subsist made once the fiscal yr starts, Pahnke says. The university then brings budgets and exact numbers returned into TM1’s forecasting software, which departments utilize to track their financials over the path of the yr.

“We used to execute everyone this in Excel,” she says. “nonetheless it’s simply not maintainable. Now they can observe the factor going into individuals’s calculations, where the numbers came from and what their assumptions were. before TM1, they couldn’t see any of that.”

In 2015, Northwestern introduced a training forecasting module that lets managers of tutorial programs enter an estimated head matter and tuition cost, then mission what a program’s revenue will survey dote and where it is going to circulation, says Pahnke. despite the fact, adoption of that forecasting appliance has been slower than expected.

“We hope people will utilize it as a result of here's the kindly of thing TM1 is very first-rate at,” she says. “I believe there’s a great need for it, but it’s harder for individuals to originate that transition. Their pertinent funds workplace definitely sees the price in it.”

need for pace in solving IT considerations

in the future, statistics analysis applications are more likely to circle into more dissimilar as group of workers in different departments admire their advantage. For now, the biggest absorb an effect on of options dote Splunk and Cognos is regularly felt in IT departments, chiefly when such equipment enable teams to accomplish extra with fewer substances.

At Laguna college of craft + Design in suburban l. a., as an example, a two-person IT group of workers is responsible for approximately 1,000 students, group of workers and school. LCAD uses Splunk as a drive multiplier, automating the collection and evaluation of network log data, says Shawn Tetzlaff, the educational computing administrator.

With Splunk, Tetzlaff can observe how neatly each server is performing, how commonly it restarts and if students are committing access violations with the aid of illegally downloading movie or track info. besides retaining bandwidth, the latter is faultfinding as a result of LCAD, dote every schools, should comply with the better training chance Act, which requires institutions to originate a superb-faith pains to combat copyright violations.

It used to occupy 25 minutes to travail backward from an IP address to travail out which scholar was violating the college’s proper-use coverage. Splunk has reduced that point to lower than five minutes, which frees up Tetzlaff for greater essential projects.

“The precipitate at which Splunk queries the database and the essentially limitless capability it offers you to parse that statistics is awesome,” he says. “It’s already paid dividends in saving time for me, and that i determine if it can store me that a first-rate deal time, they are able to travail out how to originate it travail for others. We’re nonetheless within the fledgling stages of realizing its replete advantage.”

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