Cognos Listed as a Business Intelligence Revenue Leader by Leading Analyst Firm; Advances Market Position
BURLINGTON, MA, September 16, 2002—Cognos (Nasdaq: COGN; TSX: CSN), the world leader in BI, today announced it continues to gain marketplace momentum in the top market share position of the business intelligence (BI) solution market.
Cognos has advanced in the leader quadrant of Gartner, Inc.'s August 2002 Business Intelligence Magic Quadrant based on the company's vision and its ability to execute. Gartner defines leaders as vendors who are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market.
Cognos is also the revenue and market share leader in the independent business intelligence arena, according to an August 2002 business intelligence market report from Gartner Dataquest. Cognos is first among the Top 10 BI software vendors (stand-alone market).
"Cognos business intelligence solutions continue to deliver solid return on investment and strategic advantage for our global customers. Today's announcement is yet more proof of our continued momentum, which is based on the Cognos commitment to excellence and our dedication to more than 20,000 customers worldwide," said Dave Laverty, senior vice president, global marketing.
Magic Quadrant Disclaimer
The Magic Quadrant is copyrighted August 2002 by Gartner, Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner, Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner, Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.
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Cognos and the Cognos logo are trademarks or registered trademarks of Cognos Incorporated in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.
Note to Editors:
Copies of previous Cognos press releases and Corporate and product information are available on Cognos' Web site at http://www.cognos.com, and at PR Newswire's site at http://www.prnewswire.com.
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