Cognos Again Named a Market Leader in New Analyst Report on Business Intelligence
May 12 2004 - 8:00AM
PR Newswire (US)
Cognos Again Named a Market Leader in New Analyst Report on
Business Intelligence -- Latest METAspectrum(SM) evaluation gives
Cognos top marks for Market Leadership, Execution, Technology, and
Vision -- BURLINGTON, Mass., May 12 /PRNewswire-FirstCall/ --
Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business
intelligence (BI) and corporate performance management, today
announced that it has been ranked a leader in the META Group's
Business Intelligence METAspectrum(SM) market evaluation for the
second straight year. According to META Group, with top rankings
for market leadership, vision, execution and technology, Cognos has
performed well against the competition and solidified its position
as a front- runner in the business intelligence market. The report
evaluated 15 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 excellent
marks in several categories including; market leadership, research
and development, Internet functionality, and information delivery
and reporting. The evaluation also noted Cognos' strengths in
several other key categories such as technology, execution, quality
of services, investments, industry focus, mind share, and
awareness/reputation. "We believe the long-term prospects for the
BI market look very solid, especially as corporations embrace
business performance management (BPM) principles," said Kurt
Schlegel, program director, META Group. "AS BPM is rolled out to
more and more business processes, BI tools will be needed to
provide analytic scorecards as well as drill-down query and
reporting." Cognos continues to expand its leadership position in
BI on the strength of its Cognos Enterprise BI Series, the
industry's most comprehensive business intelligence solution, and
delivering on its vision of corporate performance management (CPM).
The Cognos EBI Series offers customers rich data visualization and
dashboards, managed reporting, powerful analysis, advanced ad hoc
query, actionable event-driven BI, and data integration. Combined
with Cognos Enterprise Planning Series, its industry-leading
solution for planning, budgeting, modeling, and forecasting, and
Cognos Metrics Manager, the most robust and flexible enterprise
scorecarding solution, Cognos is the only company to deliver a
complete and integrated solution for CPM. "Enterprise customers are
looking for innovation, integration, and the lowest overall cost of
ownership from a single BI strategic supplier. Our position as a
market leader by META Group is further confirmation that our
strategy is right on," said Rob Ashe, Cognos president and chief
operating officer. "Cognos today has the industry's leading product
set, customer focus, and ability to execute to deliver a complete
and integrated solution for corporate performance management." For
complete details on META Group's Business Intelligence
METAspectrum(SM), visit the Cognos Web site at
http://www.cognos.com/news/analyst_reviews.html. 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 -- Corporate
Performance 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 Don Jennings Lois Paul & Partners,
781-782-5756 Investor Relations: John Lawlor Cognos, 613-738-3503
DATASOURCE: Cognos CONTACT: Media: Antonietta Iafrate of Cognos,
+1-781-313-2454, , or Don Jennings of Lois Paul & Partners, +1-
781-782-5756, ; 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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