Cognos Continues to Gain Ground in Performance Management Market
April 01 2004 - 7:00AM
PR Newswire (US)
Cognos Continues to Gain Ground in Performance Management Market --
META Group gives Cognos high marks for market presence,
performance, technology, and vision in latest METAspectrum(SM)
evaluation -- BURLINGTON, Mass., April 1 /PRNewswire-FirstCall/ --
According to a new META Group Business Performance Management (BPM)
METAspectrum(SM) market evaluation, Cognos has performed notably
well and continues to gain significant ground in the performance
management market. Cognos (Nasdaq: COGN; TSX: CSN) is the world
leader in business intelligence (BI) and corporate performance
management. The report, issued today, evaluated 13 vendors on a
broad range of factors that determine both market presence and
performance. Specifically,the METAspectrum analyzed criteria such
as vision and strategy, channels, geographic coverage, business
drivers, investments, and market share to score vendors for market
presence. Factors examined to determine market performance included
technology, services, pricing, personnel, and profitability. Cognos
received high marks in both presence and performance, receiving
high ratings in several key categories, including vision/strategy,
awareness/reputation, investments, partnerships with systems
integrators, market share, mind share, technology, execution, and
geographic coverage. Cognos has consistently been acknowledged as a
significant long-term player in the performance management
marketplace by leading industry analysts. The METAspectrum(SM)
evaluation particularly noted Cognos' key strengths in performance
management core solutions elements such as data collection and
validation, consolidation, budgeting and planning, reporting and
analysis, scorecards and dashboards, and workflow management.
"Organizations need better solutions to ensure visibility into
performance and enable better accountability in the new closed-loop
business performance management paradigm," said John Van Decker,
vice president of META Group. "The market for performance
management solutions is especially significant as professionals
recognize the importance of measuring department and enterprise-
wide performance." Cognos continues to expand its position in the
performance management market on the combined strength of its
complete and integrated solution for CPM, comprised of: Cognos
Enterprise BI Series, the industry's most comprehensive business
intelligence solution; Cognos Enterprise Planning Series, the
industry-leading solution for planning, budgeting, modeling, and
forecasting; and Cognos Metrics Manager, the most robust and
flexible enterprise scorecarding solution. "Cognos' momentum in the
market continues to grow, and is reflected in the results of this
important industry evaluation," said Rob Ashe, Cognos president and
chief operating officer. "We remain committed to delivering real
business value to our customers, driven by our corporate
performance management vision and the unrivalled strength of our
industry-leading solutions." ABOUT COGNOS: Cognos, the world leader
in business intelligence and corporate performance management,
delivers software that helps companies drive, monitor and
understand corporate performance. Cognos delivers the next level of
competitive advantage -- CorporatePerformance Management (CPM) --
achieved through the strategic application of BI on an enterprise
scale. Our integrated CPM solution helps customers drive
performance through planning; monitor performance through
scorecarding; and understand performance through business
intelligence. Cognos serves more than 22,000 customers in over 135
countries. Cognos enterprise business intelligence 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/. About METAspectrum: METAspectrum(SM)
evaluations from META Group (NASDAQ:METG) provide IT professionals
with a view into critical market success factors and vendor
positioning. METAspectrum delivers comprehensive evaluations of
both technology markets and vendor product offerings. There are
multiple market evaluations planned for release in 2004 and beyond.
METAspectrum evaluations are updated quarterly, biannually, or
annually, depending on the characteristics of individual markets.
To view completed market evaluations, or learn more about the
METAspectrum methodology, visit
http://www.metagroup.com/metaspectrum. METAspectrum(SM) market
evaluations and results are the sole property of META Group, Inc.
and are Copyright (C) 2004 META Group, Inc. All rights reserved.
Permission to use the results requires prior written approval from
META Group, and should not be deemed an endorsement of any company
or product. 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 http://www.cognos.com/ and at
PR Newswire's site at http://www.prnewswire.com/. Media Contacts:
Antonietta Iafrate Cognos, 781-313-2454 Kristen Orfanos Lois Paul
& Partners, 781-782-5852 Investor Relations: John Lawlor
Cognos, 613-738-3503 DATASOURCE: Cognos CONTACT: Media Contacts,
Antonietta Iafrate of Cognos, +1-781-313-2454, ; or Kristen Orfanos
of Lois Paul & Partners, 781-782-5852, ; or Investor Relations,
John Lawlor of Cognos, +1-613-738-3503, Web site:
http://www.cognos.com/ Company News On-Call:
http://www.prnewswire.com/comp/107867.html
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