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.
IT's Reputation: What the Data SaysInformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
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.