Cognos, a leader in business intelligence (BI) and corporate performance management (CPM), announced it has significantly strengthened its industry- leading enterprise scorecarding solution with the launch of Cognos Metrics Manager Version 2. This release expands Cognos' leadership in the enterprise scorecarding and CPM markets, and includes a broad range of customer-driven functionality, flexibility and scalability enhancements. Cognos has also strengthened its CPM solution by further integrating enterprise scorecarding with Cognos Analytic Applications, Cognos Enterprise Planning Series and Cognos Enterprise BI Series 7 Version 2.

As companies face the challenge of increasing competition, limited resources and governance regulations such as Sarbanes-Oxley, performance management becomes an enterprise requirement. Scorecarding, a critical component of performance management, has expanded beyond the executive office to reach every desk in the organization. As a result, traditional spreadsheet applications have become stretched beyond their intended capacities. Cognos Metrics Manager Version 2 was specifically designed to tackle the rigors of true enterprise scorecarding, enabling companies to elevate corporate performance by linking strategy, people, and information assets across the organization.

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