Cognos demonstrates enterprise business intelligence growth

Figures released by Gartner Dataquest show that Cognos' 2004 EBIS licence revenues grew 16.4 per cent, the highest growth among all traditional stand-alone business intelligence** competitors. Market share grew from 11.3 per cent in 2003 to 11.7 per cent in 2004; Cognos was the only company in this category to notch up double-digit growth. In the Middle East, over 300 customers already use Cognos software including Mashreq Bank, Dubai Bank, Riyadh Bank, Alshaya (Kuwait), Nissan Middle East, Nestle Middle East, Citibank UAE, Al Homaizi Foodstuff Company and Petrofac.

"We feel these results reflect how organisations are increasingly turning to Cognos to spearhead their business intelligence standardisation agendas. Organisations are placing a premium on solutions that help them analyse business performance in order to drive greater efficiencies and opportunity. Cognos has demonstrated solid marketplace momentum with its business intelligence and corporate performance management solutions We believe this Gartner report confirms that the market continues to embrace our vision, our products and our commitment to delivering value for enterprise customers worldwide," said David Brierley, regional manager, Cognos Middle East, Turkey and Greece.

Cognos' growth was fueled by the strength of its comprehensive enterprise business intelligence offering. Featuring Cognos ReportNet, a scalable, web-based enterprise query and reporting environment built on a services-oriented architecture, Cognos solutions offers customers rich multi dimensional analysis and data integration. Combined with the best-of-breed enterprise planning and metrics management capabilities, Cognos offers the complete platform for performance management.