Increased sales and improved operating efficiencies helped business-intelligence software supplier Cognos nearly double net income in its second quarter ended Aug. 31 to $13.7 million, compared with $7.1 million in the same quarter a year ago. Revenue was $129.1 million, up 11% from $116.3 million for the same quarter last year. Product license revenue was up almost 9% to $55.0 million at a time when many software vendors reported declining sales.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
What The Business Really Thinks Of IT: 3 Hard TruthsThey say perception is reality. If so, many in-house IT departments have reason to worry. InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business views IT's performance in delivering services - and, more important, powering innovation. The news isn't great.