One of the world's most prestigious business and investment publications, The Wall Street Journal, recently profiled Cognos as a company on the move. Highlights of the August 17 article are:

“[Cognos’] share price quintupled during the past year to a July 13 high of US $46.50. Cognos's market capitalization now hovers around $3.5 billion. Toronto brokerage firm Yorkton Securities Inc. lists Cognos as its top technology stock pick, and Business Week magazine has named the concern one of the world's top 100 information companies.”

“According to Robert Tholemeir, a technology analyst at First Security Van Kasper in San Francisco, Cognos is the global business-intelligence leader, with 33% of the market.”

“Analysts say Cognos gained an edge on its competitors by being the first to “Web-enable” its software—to run the software over internal and external Web sites. This enables large numbers of people to view the information readily. Moreover, the software can analyze a wide variety of data.”

“The company sees plenty more growth ahead. Cognos aims to boost its market share to 50% within two years. And this in a market that is expanding rapidly itself. During the next four years, world-wide revenue from business-intelligence software will quadruple to $12.78 billion a year, predicts International Data Corp., a technology think tank in Framingham, Mass.”