News
Source: www-306.ibm.com, 13 November 2007.IBM TO ACQUIRE COGNOS
On November 12, 2007, IBM announced that it has signed an agreement
to acquire Cognos.
Cognos is a recognized industry leader and one of the largest providers
of business intelligence and performance management solutions, with more
than 25,000 customers and over 3,000 partners. Together, IBM and Cognos
will become the industry's leading provider of technology and services
for Business Intelligence and Performance Management.
Business Intelligence is the top priority for CIOs and
Performance Management is a top priority for CFOs, driving a
requirement for a common platform to improve overall enterprise
performance. Companies demand solutions that provide a single, trusted
view of their business to drive real-time strategic and operational
intelligence to a wide range of internal and external users.
Cognos provides the only complete BI and performance management
platform, fully integrated on an open-standards-based service oriented
architecture (SOA), and has a strong history of supporting heterogeneous
application environments, consistent with IBM's approach.
The acquisition of Cognos extends IBM's
Information On Demand value proposition, providing the industry's
leading and most complete solutions for unlocking the business value of
information, which will extend IBM's ability to capitalize on emerging
business growth opportunities, while IBM's hardware, software and
services capabilities and extensive global reach will accelerate
delivery of Cognos solutions, enabling our customers to:
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