Cognos Is Going Strong - InformationWeek

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9/26/2003
04:56 PM
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Cognos Is Going Strong

Rob AsheThe business-intelligence software industry may be consolidating, but that just seems to fuel the growth of leading vendors. Last week, Cognos Inc. reported that sales increased 23% year over year to $158.2 million in its second quarter, ended Aug. 31. Net income was up 32% to $18.2 million. The shift to buying more business-intelligence software from fewer strategic suppliers has accelerated this year, says Rob Ashe (right), Cognos' president and chief operating officer. "I think we're positioned very well."

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