Strafford Technology, Inc.

IBM Cognos

Background - Cognos is the leading business intelligence firm.  The dominance in this area was built around ease of reporting and ready access to adhoc tools that analysts preferred to use.  Cognos 8 is a leading suite of tools for ready access to data across the organization.

Buying into Finance - An early acquirer, Cognos has acquired the following companies with functionality for Finance:

     1999 - LEX2000 - now Cognos Finance, although discontinued

     2002 - Adaytum - now Cognos Planning, Contributor

     2004 - Frango - now Cognos Controller

     2007 - Applix - now Cognos TM1

     2009 - Cognos Express debuts for the midmarket

These companies and products have been assimilated into the Cognos 8 platform 

Now Everyone is Acquired - With the late 2007 acquisition of Cognos by IBM, consolidation in the BI/BPM market should be concluded.  Developments at Cognos under IBM have been positive, with continued advancement of the product line under steady direction.

Related Practice Areas

Budgeting and Forecasting

Consolidation/Financial Reporting

Reporting and Analytics

 

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