Cognos is planning to broaden its decision support business with an acquisition. This is likely to be a company making development products in the online analytical processing (Olap) market.
Howard Dresdner, vice president and research director at the Gartner Group, predicted this week that by the end of the year, so-called business intelligence applications would make up 51 per cent of this market. The balance would go to BI tools such as query and reporting software, he added, in his keynote address to the Business Intelligence conference in London yesterday.
BI applications were no longer only available as custom-built packages for specific market segments, he said, because as users become more sophisticated, they are increasingly implementing the ready-built applications that are starting to appear.
Alan Rottenberg, Cognos? executive vice president of marketing and business strategy, said: ?We expect to add more ambitious acquisitions to our purchase of Right Information Systems (RIS) in future, in areas such as the applications space.?
He added that the company was currently working on integrating its product line more closely and expected to see closer ties between its Scenario data mining tool and the next release of the Powerplay data analysis product, due this autumn.
Cognos also plans to integrate some of the functionality of RIS? Forethought business modelling tools for statistical analysis into the next release of Scenario.
But, because only 25 per cent of Cognos? existing users deploy both its flagship Powerplay and Impromptu tools, the firm is currently weighing up whether to introduce its first discounted product suite comprising Powerplay, Impromptu and Scenario.
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