Cognos positioned in Gartner`s Visionary quadrant

Gartner has positioned Cognos, the world leader in business intelligence (BI) and corporate performance, in the visionary quadrant of its new Corporate Performance Management Magic Quadrant report, based on the company`s completeness of vision and ability to execute.

Gartner defines corporate performance management (CPM) as the methodologies, metrics, processes and systems used to monitor and manage the business performance of a company. The Cognos CPM solution aligns execution with strategy across organisations. It is based on the strength of the Cognos Enterprise BI Series, the industry`s most comprehensive business intelligence solution, combined with the Cognos Enterprise Planning Series, its solution for planning, budgeting, modelling, and forecasting, and Cognos Metrics Manager, a robust and flexible enterprise scorecarding solution.

"Our strategic vision and broad-based offering in the key CPM entry-point markets of BI and finance continues to resonate well with customers," says Dave Laverty, senior VP, Global Marketing, Cognos. "Increasingly, large companies are putting CPM on their strategic agendas.

"Being positioned in the visionary quadrant is further testament to the award-winning quality and continued innovation of our products, and the strength of our corporate performance management strategy, which is further advanced through our acquisition of Frango for global financial consolidation."

According to Gartner, "visionaries have a clear vision of market direction and are focused on doing that, but they can still improve in terms of optimising service delivery".

One facet of the Cognos vision for CPM includes the company-wide CPM@Cognos initiative which helps the company manage its business performance more effectively using the Cognos CPM solution. This process provides a valuable perspective on CPM that can further be applied towards identifying and meeting Cognos customers` performance management needs. Through this initiative, Cognos focuses on achieving top-level performance across the company. This effort has made Cognos a world-class example of corporate performance management in action and contributes to its sustained leadership position in the market. The company`s achievements in this area were recently recognised by the Balanced Scorecard Collaborative, which named Cognos to its Hall of Fame on 13 October.