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Yes, if you are entitled to CABI 4.1 from the previous SDM 14.x release, the SDM Reports tab will work in the same in SDM 17.0 as in previous SDM releases.
Please note that official support for CABI is scheduled to terminate no later than December 31, 2018. As a result, customers are encouraged to make plans to transition to the JasperSoft reporting solution.