Tuesday, November 13, 2007

IBM to acquire Cognos

When I google on 'IBM to acquire Cognos', the first link I get dates from July 17, 2006. It's an article in IT-Week from James Murray : 'Will IBM acquire Cognos ?' saying "IBM has a gaping hole in its portfolio that is crying out to be filled by a business intelligence specialist". According to him not SAS, Business Objects or Hyperion but "an IBM-Cognos merger could make a lot of sense".
Well, things have indeed been moving since. Oracle took over Hyperion Solutions in March and SAP acquired Business Objects last month. Now IBM and Cognos made the following announcement : 'IBM to Acquire Cognos to Accelerate Information on Demand Business Initiative'. A quote from the announcement :
"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. With Cognos, customers can turn data into actionable insight for coordinated, information-driven decision-making to improve overall performance. Cognos will also extend IBM’s reach further into the CFO office with powerful financial planning and consolidation capabilities.
Together, IBM and Cognos will expand IBM’s ability to provide customers with the right information they need when they need it, to optimize operational performance, and to quickly respond to changing market demands. The combination of IBM’s information management technology and Cognos will also help organizations discover new ways to use trusted information spread across their enterprises to identify new business opportunities and significantly reduce the expense and time required to address industry-specific business challenges".
There's a FAQ on the acquisition on the IBM page. More information on the Cognos products can be found on the Cognos products overview page.

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