IBM has acquired Cognos to offer IBM-Cognos joint products and services to its clients in various industries.
IBM has announced that with the addition of Cognos, more than 35,000 employees across IBM’s global software, hardware, services and research organizations are united in support of the company’s global Information on Demand business strategy.
IBM-Cognos acquisition will feature 10 new and enhanced solutions for banking, retail, healthcare, government, life sciences and manufacturing industries. According to IBM, the new offerings extend its end-to-end portfolio of information on demand software, hardware and services. The acquisition supports IBM’s objective for earnings-per-share growth through 2010.
Steve Mills, senior vice president and group executive of software group at IBM, said: Thanks to our existing partnership with Cognos, common approach to open standards and complementary portfolios, we’re hitting the ground running. In the race to use information for real-time decision making, you not only need the right technology, but a global understanding of how information can be used to tackle tough business problems in dozens of industries. The combination of Cognos and IBM software, hardware, business consulting expertise and research investments clearly separate us from competitors.