Cognos and IBM Extend Strategic Alliance to Deliver On Demand Workforce Performance Management.
ARMONK, N.Y. & BURLINGTON, Mass. -- Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence and performance management solutions, and IBM (NYSE: IBM), today announced the two companies have extended their global strategic alliance to deliver a workforce performance management solution through IBM's world-leading Human Resources Business Transformation Outsourcing (BTO) service.
Under terms of the agreement, IBM has selected Cognos 8 Workforce Performance as a standard analytic and reporting solution to be delivered within its full-service Human Capital Management (HCM) outsourcing solutions portfolio. The addition of Cognos 8 Workforce Performance extends IBM services to its clients by teaming their HCM capabilities with valuable analytic insight into workforce trends and influencing factors within the talent management cycle. This includes visibility into key performance areas such as workforce strength, employee turnover, compensation and incentives, talent segmentation and performance ratings.
IBM selected Cognos' next-generation analytic application because of the solution's packaged workforce content, and its ability to quickly adapt to a wide range of customer and business requirements. The Cognos 8 Workforce Performance solution is a configurable analytic application designed to reflect a company's human resources best practices, leveraging a rich library of pre-packaged reports and analytics on a wide range of key workforce metrics, all of which can be easily modified or extended with the evolving information needs of the business.
Through this alliance, IBM BTO customers will benefit from an efficient outsourced HR services model that can enable the organization to proactively identify and prioritize headcount needs, optimize and align workforce investments to corporate goals, improve employee job satisfaction, nurture career growth, and reduce turnover.
"IBM prides itself in delivering solutions and services that unlock business value, reduce risk through technical and process improvements, and recognize tangible program cost savings," said Steve Kagan, general manager, IBM Human Resources BTO. "By leveraging Cognos as an embedded workforce performance reporting and analysis engine, IBM is setting a new HR outsourcing standard that delivers enhanced workforce performance visibility that can evolve as our customers develop the attributes of a truly on demand business."
Underpinning the Cognos application's flexibility is an open Adaptive Application Framework that increases business agility while also reducing costs and the over-reliance on scarce IT resources. Based on the open, modern services-oriented architecture found in Cognos 8 Business Intelligence, Cognos 8 Workforce Performance enables organizations to easily extract and transform transactional workforce data into consistent, reliable and relevant management information, helping to reduce errors and cut reporting cycles. Cognos 8 Workforce Performance is controlled and automated through a single, model-driven configuration interface, which leverages underlying engines needed to transform the source data, populate the meta data repository and generate all reports and analysis that are fully customized to the organization's specific needs.
"IBM and Cognos share a common vision for providing cost-effective solutions that enable organizations to more effectively deal with significant human resources issues such as the graying workforce, impending skills gap, and increased market competition for talent," said Doug Barton, vice president of product marketing at Cognos. "Cognos is proud to have been selected by IBM as a workforce performance partner in helping deliver a stronger and more strategic HR function for IBM BTO customers worldwide."
In March 2006, Cognos and IBM announced a global strategic alliance to help customers integrate their business processes across the enterprise and gain greater insight into business performance. The alliance agreement included joint development, marketing, and sales of SOA-based solutions to help customers optimize their analytics capabilities leveraging industry-specific best practices. For more information, please see http://www.cognos.com/news/releases/2006/0307.html.
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, 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.
For more information about IBM, visit www.ibm.com.
Cognos and the Cognos logo are trademarks or registered trademarks of Cognos Incorporated in the United States 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 www.cognos.com.
|Printer friendly Cite/link Email Feedback|
|Date:||Feb 21, 2007|
|Previous Article:||The Wealth Gap: Entrepreneurial Anthropologist Rachel Bondi of Earning Power Asks -- Is the Wage Gap a Hoax?|
|Next Article:||Nanosensors, Inc. Rated 'Speculative Buy' by Beacon Equity Research.|