Cognos brings unity to BI toolset.In its ongoing war for market share with archrival arch·ri·val n. A principal rival. Business Objects, Cognos has come late to the current battlefield. Years after Business Objects first started providing its products as an integrated business intelligence (BI) suite, Cognos finally followed suit in January 2002 with, EP Series 7. One reason for the delay, according to 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. Ron Zambonini, was that the company needed to ensure that the migration path for customers of its existing standalone systems was smooth. For Cognos, this also meant a degree of organisational realignment: whereas research and development was once demarcated along product lines, it is now pooled centrally at Cognos' headquarters in Ottawa. Above all, Series 7 creates a consistent user experience across all products and eliminates mismatch between tools by implementing a single, underlying data model. Users will still be able to buy the core individual components that make up the suite: PowerPlay for online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. ; Impromptu for enterprise reporting; Visualizer vi·su·al·iz·er n. One who visualizes, especially a person whose mental images are predominantly visual. Noun 1. visualizer - one whose prevailing mental imagery is visual visualiser for business performance scorecarding and decision support; Query for ad hoc data exploration; and Decisionstream for extraction, transformation and loading See ETL. . Cognos has also introduced additional capabilities to the suite, including an event detection mechanism, NoticeCast, which triggers responses when exceptional data thresholds are crossed. Alongside that suite, Cognos has been moving quickly into analytic applications with pre-built packages for inventory, procurement, general ledger, sales and accounts analysis within Oracle's eBusiness Suite, JD Edwards' OneWorld, and SAP R/3. Like its competitors, extending the use of BI tools from analysts to general business users and even to external partners has become an important revenue driver for Cognos. As an indicator of that trend, in its fourth fiscal quarter ending February 2002 new contracts exceeding $200,000 increased 41%. However, while its archenemy arch·en·e·my n. 1. A principal enemy. 2. often Archenemy The Devil; Satan. Used with the. archenemy Noun pl -mies a chief enemy Business Objects has continued to grow through the economic downdraft down·draft n. 1. A strong downward current of air. 2. A downward trend; downturn: The business hit a downdraft. , Cognos has been shrinking. Now, at the beginning of a new product cycle, the company is hoping to reverse those experiences. Company: Cognos Product: EP Series 7 CEO: Ron Zambonini HQ: Ottawa, Canada Status: Publicly listed on Nasdaq and the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. Key financials: For the year to 28 February 2002, the company reported net income of $26.9 million, down from $36.2 million in 2001, on revenue that slipped 1% to $491.3 million. Key competitors: Business Objects, Brio (Brio Technology, Palo Alto, CA, www.brio.com) A software company founded in 1989 and acquired by Hyperion Solutions Corporation in 2003 that specialized in enterprise analysis and reporting programs that run on several platforms. , Information Builders, Microsoft, Oracle, Hyperion Infoconomy comment: Cognos has lagged its competitors in providing an enterprise BI suite. It must now convince existing customers that it was worth the wait and that by extending their investment to EP Series 7 they will see considerable business benefits. www.cognos.com |
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