Cognos, a leader in business intelligence (BI) and corporate performance management, announced it has been ranked a leader in Forrester Research's "Grading BI Reporting and Analysis Solutions" market evaluation. The results of the Forrester evaluation, with Cognos earning leader rankings in all scenarios - analytic reporting, enterprise reporting, business reporting and consolidated platform reporting - illustrates that Cognos has again performed well against the competition and solidified its position in the business intelligence market.
The Forrester report, which evaluated 13 vendors using Forrester's Wave methodology, assesses across three major elements - current offering, strategy and market presence. Using four scenarios, Forrester assigned weightings to suit each scenario to help prospective buyers understand the strengths and weaknesses of the vendor offerings for each. With regard to the business reporting scenario, Cognos was cited specifically for the business process support accorded by Cognos Metrics Manager, its scorecarding solution.
According to this Forrester Research report, the "opportunity to build reports and perform analysis on any type of data is no longer a luxury available only to those with deep pockets. On the contrary, every bit of data, both structured and unstructured, can be used to help companies and governmental organizations understand how to better serve customers, build new products and services, and improve all aspects of the business." Finally, "companies will save money by standardizing on fewer reporting and analysis solutions, ideally adopting a single standard for each reporting category."
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