CRM, BI Vendor Cognos Bestows Platinum Award on B and D
Business & Decision, a consulting and systems integration company specializing in Business Intelligence, Customer Relationship Management and E-Business, has received Cognos’ (News - Alert) “Platinum Award” as one of its best resellers of 2007. This is the highest distinction in its category.
The Business Intelligence and Customer Relationship Management vendor unveiled its winning partners at its “Partner Summit Awards” ceremony, which was held this week at the Cognos Forum 2007. The partners were rewarded for “their innovative spirit, their influence and their intellectual resources,” as well as for their “vision and passion for performance management.”
Founded in 1992, Business & Decision specializes in working with clients to facilitate system implementation to assist business performance management (dashboards, reporting, consolidation etc., and customer relationship management products such as sales force automation, call centers, campaign management and analytical CRM.
Cognos announced financial results for its third quarter of fiscal year 2007, ended November 30, 2006. Revenue for the third quarter was $247.8 million, compared with $212.3 million for the same period last fiscal year, an increase of 17 percent. License revenue was $94.0 million, compared with $75.5 million in the third quarter of last fiscal year, an increase of 24 percent.
Net income in the quarter on a U.S. GAAP basis was $16.5 million or $0.18 per diluted share, compared with $24.0 million or $0.26 per diluted share for the same period last fiscal year. Net income in the quarter on a non-GAAP basis (excluding amortization of acquisition-related intangible assets, stock-based compensation expense and restructuring charges) was $43.1 million or $0.48 per diluted share, compared with $29.5 million or $0.32 per diluted share for the same period last fiscal year.
In October 2006 Cognos announced that Steak n Shake, one of the largest and oldest restaurant chains in the U.S., selected Cognos 8 Business Intelligence as its enterprise standard for performance reporting, scorecarding and dashboarding.
With more than 440 restaurants across the country, Steak n Shake needed “a centralized performance management platform that was robust enough to deliver a single version of the truth across the chain via a flexible set of standard and customized reporting capabilities,” according to Cognos officials, and chose Cognos 8 BI.
According to Cognos-sponsored IDC (News - Alert) research, “one of the key variables that organizations looking to increase data quality and consistency should focus on when implementing a business analytics system is support for heterogeneous data sources that span multiple instances of operational (e.g., ERP, CRM, SCM) as well as analytic systems.”
David Sims is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.
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