Cognos Incorporated was an Ottawa, Ontario-based company making business intelligence (BI) and performance management (PM) software. Founded in 1969, at its peak Cognos employed almost 3,500 people and served more than 23,000 customers in over 135 countries until being acquired by IBM on January 31, 2008. While no longer an independent company, the Cognos name continues to be applied to IBM's line of business intelligence and performance management products.
Originally Quasar Systems Limited, it adopted the Cognos name in 1982. Cognos is a fragment scissored off the Latin word "cognosco," which means "knowledge from personal experience". Gale Directory of Company Histories Cognos became a public company in August 1986 trading on the Toronto Stock Exchange as CSN and on the NASDAQ as COGN. Its independent existence ended on January 31, 2008, when Cognos was acquired by IBM. IBM Completes Acquisition of Cognos February 1, 2008
In 1995, Ron Zambonini was named CEO and brought new marketing strategies. Cognos grew successful with its business intelligence products for local area networks (LAN), but new Internet technologies had come into the BI industry faster than the company had anticipated. After Cognos issued a notice informing shareholders of a slowdown in growth, many sold their shares, causing prices to fall quickly.
This prompted Cognos to build its web technology through the takeover of other companies rather than internal research and development. In September 2007, Cognos announced that it would be acquiring Applix. Cognos Plans Acquisition Start-IT Magazine September 13, 2007 It had previously acquired Right Information Systems (4Thought), Interweave (Impromptu Web Query), Relational Matters (DecisionStream), Scientific Time Sharing Corporation (LEX2000), NoticeCast, Adaytum, Frango, DataBeacon, and Celequest.
In January 2010, as part of a reorganization of IBM Software Group, software from Cognos and recently acquired SPSS were brought together to create the Business Analytics division.
On December 31, 2013, UNICOM Systems, a division of UNICOM Global acquired the PowerHouse product line including PowerHouse 4GL Server, Axiant® 4GL and PowerHouse Web®, so Powerhouse products would no longer be part of the IBM product set.
In the course of these investigations, a payoff from former Cognos sales executive Joseph Lally in the amount of $600,000 USD was found to have been made to Vitale's company WN Advisors. Vitale and WN Advisors were not registered as state lobbyists and did not disclose the payments, the bulk of which were apparently made on the same day that the state wired funds for the multimillion-dollar contracts to Cognos. The disposition of the funds has not been disclosed and the State has rescinded the contracts. IBM, who now owns Cognos, has refunded the improperly awarded $13 million USD paid to Cognos. A second close associate of DiMasi's, lawyer Steven Topazio, was placed on a two-year $5,000 a month retainer for unspecified purposes. This retainer stopped the same month as the second Cognos contract was awarded. Cognos Deals Face Federal Scrutiny December 17, 2008
In addition to the payoffs made to close associates of DiMasi, it is known that Vitale helped arrange a below-market mortgage for DiMasi, which violated state Ethics laws.
On December 17, 2008, The Boston Globe confirmed that the State investigations were being joined by a Federal Grand Jury probe investigating the allegations and potential violations of Federal law. On June 2, 2009, DiMasi, Vitale, Lally, and Cognos lobbyist Richard McDonough were indicted "on a battery of...corruption charges" as a result of that probe. DiMasi, 3 associates charged with rigging of state contracts June 3, 2009
On October 25, 2010, at the Business Analytics Forum in Las Vegas, IBM general manager for business analytics and former Cognos CEO Rob Ashe announced IBM Cognos 10. A significant upgrade to IBM Cognos 8 BI, this new software brings together social collaboration and analytics for business users to gain real-time intelligence in a single, user-friendly interface — online or through mobile devices such as iPad, iPhone and BlackBerry devices.
IBM Cognos 8 BI, initially launched in September 2005, combined the features of several previous products, including Cognos Reportnet, PowerPlay, Metrics Manager, NoticeCast, and DecisionStream. There are also Express and Extended versions of Cognos 8 BI. Full features:
IBM Cognos Express, launched in September 2009, is an integrated business intelligence and planning solution purpose-built to meet the needs of midsize companies. The features of Express are:
IBM Cognos also offered several application development tools (which IBM later sold to UNICOM Global):
IBM Cognos Analytics also currently offers a free trial
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