Cognos Buys Its Way Into Europe - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Government // Enterprise Architecture
News
3/10/2004
12:07 PM
50%
50%

Cognos Buys Its Way Into Europe

Cognos will use Softa's expertise in an effort to expand sales of Cognos' corporate performance-management apps in Europe.

Cognos Inc. has acquired U.K.-based performance-management-consulting firm Softa Group Ltd. and will use Softa's expertise to expand sales of Cognos' corporate performance-management apps in Europe. Cognos says the deal was finalized late last month but refused to put a value on it.

Performance management is a means of linking a company's operational performance to its strategic goals by monitoring and analyzing key performance indicators. Like other business-intelligence software vendors, Cognos has been expanding into corporate performance in the last two years. Early last year, it took a major step in that direction by acquiring Adaytum Inc., a budget-planning-app maker, for $157.1 million.

Cognos' acquisition of Softa, with eight employees, was not nearly as costly, says Rob Ashe, Cognos' president and chief operating officer. Softa's consulting services "really provide the link from strategy down to [key performance indicator] metrics," he says. Cognos was already a partner with Softa and was often called in to provide apps for Softa's clients.

Cognos will combine the service and business-development people it already has in Europe with Softa's staff, all of whom will stay with the new company. Earlier this month, Cognos started a similar performance-management consulting group in North America.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Slideshows
IT Careers: 10 Industries with Job Openings Right Now
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/27/2020
Commentary
How 5G Rollout May Benefit Businesses More than Consumers
Joao-Pierre S. Ruth, Senior Writer,  5/21/2020
News
IT Leadership in Education: Getting Online School Right
Jessica Davis, Senior Editor, Enterprise Apps,  5/20/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
Slideshows
Flash Poll