Cognos Positioned in "Leaders" Quadrant of Analyst Report on Corporate Performance Management Suites.-- Evaluation based on Ability to Execute and Completeness of Vision -- BURLINGTON, Mass. -- Cognos[R] (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : COGN) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : CSN CSN Crosby, Stills, and Nash (band) CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program) CSN Confédération des Syndicats Nationaux (French) ), the world leader in business intelligence and performance management solutions, today announced it is positioned in the leaders quadrant in Gartner, Inc.'s recently released Corporate Performance Management Suites 2007 Magic Quadrant The Gartner Magic Quadrant is a proprietary research tool developed by Gartner Inc., a US based research and advisory firm. It is designed to provide an unbiased qualitative analysis of a “markets’ direction, maturity, and participants. .1 Vendors are evaluated annually based on their completeness of vision and ability to execute. Gartner defines Corporate Performance Management (CPM) as including "processes.... such as strategy formulation, budgeting and forecasting; methodologies that drive some of the processes, such as the balanced scorecard Balanced Scorecard A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing or value-based management; and the metrics used to measure performance against strategic and operational performance goals." Cognos 8 Planning 8.2, a significant Planning product upgrade that was released last quarter, has improved user interface options (through web client and Excel) and now leverages all Cognos 8 platform services. Cognos Controller, also updated earlier this year, is aimed at those who manage financial consolidation. Additionally, Cognos' recent acquisition of Applix further strengthens its position as a leading provider of performance management solutions, bringing TM1 one of the fastest in memory OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. engines on the market to its product portfolio, and strengthening general reporting and analytics capabilities. Cognos helps customers globally such as BlueCross BlueShield of Tennessee Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (BCBST BCBST BlueCross BlueShield of Tennessee (Headquartered in Chattanooga, TN) BCBST Brigade Command and Battle Staff Training program ) ensure better internal decision-making through faster delivery and increased visibility of key performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. . As Tennessee's largest provider of healthcare coverage, insurance products, and services, representing more than 2.3 million member clients, BCBST manages a tremendous volume of data. In 1996, BCBST selected Cognos as its standard BI toolset to achieve a view of its business-critical information and to enhance analysis and reporting capabilities. To support a broader Corporate Performance Management strategy at the organization, BCBST subsequently implemented Cognos Planning and metrics. More recently, the company developed a Proof-of-Concept application to demonstrate the business value of integrating text analytics, predictive analytics Predictive analytics encompasses a variety of techniques from statistics and data mining that process current and historical data in order to make “predictions” about future events. , enterprise search, and traditional BI software using Cognos Go! Search Go! Search is a software application from Cognos. It provides full-text searching capabilities within the Cognos 8 line of products. A main feature is its ability to integrate with Google OneBox. , Cognos 8 BI, and IBM's OmniFind solutions. As a 2007 recipient of both a Cognos Performance Leadership Award, and IBM's Information on Demand Award for Best Information Integration Project of the Year, BCBST has a distinct customer view of the completeness of the Cognos vision of Performance Management. "The complex enterprise-wide performance management challenges that we are now addressing require complementary functionality and a tight integration at all levels of the supporting technologies, including data integration tools, database platform technology, and performance management software," said Frank Brooks Frank J. Brooks (Born September 6, 1978 in Brooklyn, New York) is a Major League Baseball player. A left-handed pitcher who bats from the left side, Brooks is 6'1" tall and weighs 200 pounds. He is currently a member of the San Diego Padres organization. , senior manager of data resource management and chief data architect, BlueCross BlueShield of Tennessee. "It's also critical that each of these components provide world-class capabilities based on their own merit. We've already benefited from the capabilities and integration of IBM's DB2 Server technology and their Information Server suite of data integration tools. We've also implemented a number of innovative business solutions using Cognos' expanding set of Business Intelligence and Performance Management tools." "In my opinion, our placement in the leaders' quadrant validates our vision and shows that our global customer base continues to rely on Cognos as their performance management partner," said Rob Ashe, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Cognos. "Our strategic vision for Performance Management has always been centered on delivering innovation and expertise for our customers, and providing customers with planning, budgeting and forecasting solutions that successfully drives faster, better informed decision-making at all levels across the entire enterprise." (1) Gartner, Inc., "Magic Quadrant for CPM Suites, 2007" by Nigel Rayner et al, December 19, 2007 About the Magic Quadrant The Magic Quadrant is copyrighted December 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendor's measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer chant·a·bil or fitness for a particular purpose.
About Cognos: Cognos, the world leader in business intelligence and performance management solutions, provides world-class enterprise planning and BI software and services to help companies plan, understand and manage financial and operational performance. Cognos brings together technology, analytical applications, best practices, and a broad network of partners to give customers a complete performance system. The Cognos performance system is an open and adaptive solution that leverages an organization's ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. , packaged applications, and database investments. It gives customers the ability to answer the questions -- How are we doing? Why are we on or off track? What should we do about it? - and enables them to understand and monitor current performance while planning future business strategies. Cognos serves more than 23,000 customers in more than 135 countries, and its top 100 enterprise customers consistently outperform market indexes. Cognos performance management solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit the Cognos Web site at http://www.cognos.com. Cognos and the Cognos logo are trademarks or registered trademarks of Cognos Incorporated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. All other names are trademarks or registered trademarks of their respective companies. Note to Editors: Copies of previous Cognos press releases and Corporate and product information are available on the Cognos Web site at http://www.cognos.com. |
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