Cognos has performed notably well and continues to gain significant ground in the performance management market, according to a new Meta Group business performance management (BPM) METAspectrum market evaluation.
The report evaluated 13 vendors on a broad range of factors that determine both market presence and performance. Specifically, METAspectrum analysed 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 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.
Top industry analysts have consistently acknowledged Cognos as a significant long-term player in the performance management marketplace. The METAspectrum evaluation particularly noted Cognos`s 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.
"Organisations need better solutions to ensure visibility into performance and enable better accountability in the new closed-loop business performance management paradigm," says John van Decker, VP of META Group. "The market for performance management solutions is especially significant as professionals recognise the importance of measuring department and company-wide performance."
Cognos continues to expand its position in the performance management market on the combined strength of its integrated solution for CPM, comprising:
*.Cognos Enterprise BI Series, a comprehensive business intelligence solution.
*.Cognos Enterprise Planning Series, a solution for planning, budgeting, modelling and forecasting.
*.Cognos Metrics Manager, a robust and flexible scorecarding solution.
"Cognos`s momentum in the market continues to grow, and is reflected in the results of this important industry evaluation," says David McWilliam, MD of Cognos in SA. "We remain committed to delivering real business value to our customers, driven by our corporate performance management vision and the strength of our offerings."
Share