Cognos Positioned in 'Leaders' Quadrant in New Analyst Report on Corporate Performance Management Suites
05 Décembre 2006 - 8:41PM
PR Newswire (US)
--Cognos Positioned in "Leaders" Quadrant in CPM Suites and January
2006 Enterprise Business Intelligence Platforms Reports--
BURLINGTON, Mass., Dec. 5 /PRNewswire-FirstCall/ -- Cognos (Nasdaq:
COGN; TSX: CSN), the world leader in business intelligence and
performance management solutions, today announced it is positioned
in the leaders quadrant of Gartner, Inc.'s new Corporate
Performance Management Suites 2006 Magic Quadrant. Vendors are
evaluated based on completeness of vision and ability to execute.
According to Gartner, "leaders are vendors who are performing well
today, have a clear vision of market direction, and are actively
building competencies to sustain their leadership position in the
market." Gartner defines CPM as including "processes, such as
strategy formulation, budgeting and forecasting; methodologies that
drive some of the processes, such as the balanced scorecard or
value-based management; and the metrics used to measure performance
against strategic and operational performance goals." Gartner also
acknowledges that "to be effective CPM must be supported by a suite
of analytical applications that provide the functionality to
support these processes, methodologies and metrics." Cognos
continues to enable organizations worldwide, such as the Actavis
Group, to improve decision-making by transforming performance
management processes for sustainable competitive advantage. Actavis
Group holds a leading market position in generic pharmaceutical
products. The company began its performance management
implementation with Cognos' planning and reporting capabilities
following a string of acquisitions which grew its employee base
from 100 to 10,000 in five years. "Our explosive growth created the
demand for a flexible solution that could integrate with a wide
range of ERP systems for improved enterprise-wide visibility to
planning, budgeting, forecasting and reporting," said Ulfar
Helgason, CIO, Actavis Group. "With Cognos, we now have consistent
and accurate information through central control of models, plans
and reports. Broader plans encompassing sales and 'cost of goods
sold' allow for profit analysis. Our streamlined, automated
processes let us integrate newly acquired companies faster into our
planning structure. The improved visibility and consistency brings
efficiency and greater effectiveness to decision-making." The
Cognos Performance Management System combines technology, best
practices, analytic applications and solutions, and a broad network
of partners into a single performance management solution for
customers. This system serves as an important buffer for customers
by sitting on top of source transaction systems, such as ERPs, to
bridge and integrate multiple, changing, internal and external data
sources. These data assets are turned into actionable, real-time
information so customers can drive more impactful business
performance more quickly. "We believe our position in the leaders'
quadrant is a testament to the value realized by our customers as
they standardize on Cognos as their performance management
partner," said Rob Ashe, president and CEO, Cognos. "Our
Performance Management System embodies our strategic vision by
providing customers with a solid foundation of visibility with
enterprise planning and business intelligence with improved
business control and performance. This combination successfully
drives faster, better informed decision-making at all levels across
the entire enterprise." Cognos is also positioned in the "leaders"
quadrant in "Magic Quadrant for Business Intelligence Platforms,
1Q06. See: http://www.cognos.com/news/analyst_reviews.html. About
the Magic Quadrant The Magic Quadrant is copyrighted January and
December 2006 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 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, 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/. *Source: "Magic
Quadrant for CPM Suites, 2006" N. Rayner, December, 2006. 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. Media Contacts: Carrie Bendzsa Cognos,
613-738-1440 Doreen Maciak Lois Paul & Partners, 781-782-5832
Investor Relations: John Lawlor Cognos, 613-738-3503 DATASOURCE:
Cognos CONTACT: Media, Carrie Bendzsa of Cognos, +1-613-738-1440,
or , or Doreen Maciak of Lois Paul & Partners, +1-781-782-5832,
or ; or Investor Relations, John Lawlor of Cognos, +1-613-738-3503,
or Web site: http://www.cognos.com/
http://www.cognos.com/news/analyst_reviews.html Company News
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