Business Intelligence

IBM buys BI vendor Cognos

IBM has announced that it will acquire Business Intelligence (BI) vendor Cognos for $5 billion.

IBM has announced that it will acquire Business Intelligence (BI) vendor Cognos for $5 billion.

An excerpt from BusinessWeek:

For IBM, the Cognos acquisition is a continuation of a "growth through mergers-and-acquisitions" effort it launched in February, 2006. Since then, IBM has bought 23 software companies as part of its Information on Demand strategy, which combines software and services to help corporations get the most out of all the data they gather about customers and their own business operations.

The BI segment has been witness to some major acquisitions with industry analysts speculating that the string of acquisitions makes it more difficult for new players to enter a field shadowed by giants.

More information:

IBM to buy Canada's Cognos for $5 billion (MarketWatch)

Cognos Buy a Defensive Move for IBM (PC World)

IBM Follows Rivals' BI Moves With $5B Cognos Bid (InternetNews)

Best of breed: No need for an obit (ZDNet)

Is consolidation in the BI space great news for enterprises?

4 comments
saravanapari
saravanapari

this shows in features we can,t find small business units in the world.all big B will rule the feature world pari

JackOfAllTech
JackOfAllTech

Maybe IBM can re-write the program and make it good. Currently, it's a piece of crap. Ralph

pr.arun
pr.arun

Is consolidation in the BI space great news for enterprises?

info
info

Consolidation only has one downturn that it reduces the choices for the customer. But with new entrants who are ready to provide BI Solutions for SME like ElegantJ BI http://www.elegantjbi.com market should get balanced with choices for all level of industry.

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