European analyst firm Butler Group has released a report that cites Cognos, the world leader in business intelligence (BI) and corporate performance management (CPM) solutions, as the market leader through every phase of the CPM lifecycle.
The report reviewed 10 vendors on a range of factors including product functionality; data and information management; adaptive planning; performance monitoring and reporting; deployment; and overall corporate performance management strategy.
Cognos consistently outperformed in the categories of early adopter (2003-2005), market adoption (2006-2008), and market maturity (2009 - on).
"What is compelling about the Cognos approach to corporate performance management is that the company has recognised there is no such thing as a standard corporate performance management solution," says Ian Charlesworth, senior research analyst at Butler Group. "Corporate performance management, as delivered by Cognos, is tailored to fit the individual requirements of each organisation."
The integration of the Cognos CPM solution is cited as a key differentiator from other vendors in the market. The report says the company`s integrated set of products has the capability of supporting the needs of a wide range of public and private organisations.
The report says the Cognos product set best supports the three core elements of corporate performance management - planning, monitoring and reporting.
Highlighted in the report is the company`s ability to address a number of compliance and disclosure issues such as the Sarbanes-Oxley Act, as well as the key relationships Cognos has established with its systems integrators.
In Butler Group`s opinion, the overall strength of the Cognos corporate performance management solution comes from its ability to provide the means to understand business performance and thereby deliver business-specific intelligence, Charlseworth says.
"We continue to expand our leadership position in business intelligence on the strength of our Enterprise BI (EBI) Series and the delivery of our corporate performance management vision," says David McWilliam, MD of Cognos SA. "The Cognos EBI Series offers customers rich data visualisation and dashboards, managed reporting, powerful analysis, advanced ad hoc query, actionable event-driven business intelligence, and data integration. The combination of the Enterprise BI series with the Enterprise Planning Series and Cognos Metrics Manager distinguishes us as the only company to deliver a complete and integrated solution for corporate performance management."
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Cognos South Africa is the local subsidiary of Canadian-based Cognos, the world leader in business intelligence (BI) and performance planning software for the enterprise. Companies use Cognos solutions to improve and direct corporate performance. From planning and budgeting, to measuring and monitoring performance, to reporting and analysis, Cognos is the only company to support all of these key management activities with a complete solution that spans all of the essential components of enterprise planning, scorecarding and business intelligence.
More than 22 000 customers in over 135 countries use Cognos to better monitor, understand, and drive the successful performance of their business. Cognos customers represent every industry sector including automotive, banking and insurance, energy and natural resources, government, healthcare, manufacturing, and pharmaceuticals.
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