ENECO Energie Unlocks Performance with Cognos CPM Solution
– Netherlands energy provider uses Cognos CPM solution to help gain detailed customer insight, unify legacy systems and processes, and provide consistent information across business units –
BURLINGTON, MA - November 1, 2005 -
Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business
intelligence and corporate
performance management (CPM), today announced that ENECO Energie has
deployed Cognos’ CPM solution across its organization to consolidate
a wide range of systems and processes, and to achieve a better and more comprehensive
profile of its customers for competitive advantage.
ENECO Energie serves approximately two million business and residential customers
in the Netherlands and generates revenues of more than €3.5 billion. Facing
the challenges of market de-regulation for the first time, it required a best-practice
solution to pull data from dozens of systems, business applications, reporting
tools and external sources to gain a comprehensive, consistent viewpoint for
improved decision-making across the organization.
ENECO’s Cognos performance management platform has helped the company:
- Decrease its accounts receivable balance by approximately €10 million.
- Raise conversion rates on marketing campaigns
- Gain insights to segment customers for direct mailings for a savings of
approximately €1 million.
- Segment customers according to their value which allows ENECO to make
highly informed decisions to continue increasing customer value.
- Gain higher process efficiencies in its customer contact center and billing
department resulting in a savings of approximately € 2.5 million.
- Gain market share
“With Cognos, we now have the ability to manage performance and customer
interactions based on top-quality and timely information. The system has helped
us turn data assets into actionable information to enable faster, more informed
and more significant decisions that drive higher business performance and competitive
advantage,” said Ton van den Dungen, manager, business intelligence and
control, ENECO Energie. “We now have a stronger customer focus through
automated scorecards with goal-oriented KPIs, a consistent framework for data,
processes and technology, and the right amount of visibility to support future
business requirements.”
With the Balanced Scorecard methodology and a solid data warehouse as the
base of its approach to CPM, ENECO Energie created an integrated BI portal
and a dedicated BI Intelligence Center to generate everything from scorecards
via standard prepared reports to views on OLAP cubes and ad-hoc queries. Reporting
functions are driven by Cognos ReportNet and managed from the company’s
scorecard which is based on Cognos’ metrics management capabilities.
The company can now proactively manage its business performance with consistent
facts and reliable information across the organization for more effective operations.
ENECO Energie now has a comprehensive view of customer behavior and can focus
on how its customers use ENECO Energie products (both high and low margin);
and track customers’ call and payment behavior trends. With Cognos’ CPM
solution, ENECO Energie is able to focus on optimizing processes and can clearly
see the opportunities for cost reduction and further process improvements across
the business.
Cognos solutions for performance management combine the forward management
view of the business (planning, budgeting, and forecasting) with the current
and historical view of the business (financial consolidations, scorecarding,
reporting, and analysis). These integrated operational and financial views
across all relevant time horizons lets customers proactively address business
challenges for greater operational effectiveness
“Cognos customers like ENECO Energie are benefiting from the combination
of internal thought leadership and a strong partnership with Cognos as we work
together to continue to set the bar for the performance management market,” said
Dave Laverty, senior vice-president, global marketing, Cognos. “ENECO
Energie’s solid focus on business goals, combined with the strategic
application of our industry-leading solutions, provides a best-practice performance
management example for other companies to emulate and admire.”
The Cognos Performance Management Platform integrates the best-in-class scorecarding
and dashboarding, planning, analysis, query and reporting, and event management
capabilities that organizations and partners need to build performance management
solutions for sustainable competitive advantage.
About Cognos:
Cognos, the world leader in business intelligence and corporate performance management, delivers software and services that help companies drive, monitor and understand corporate performance.
Cognos delivers the next level of competitive advantage - Corporate Performance Management (CPM) - achieved through the strategic application of BI on an enterprise scale. Our integrated CPM solution helps customers drive performance through planning; monitor performance through scorecarding; and understand performance through business intelligence.
Cognos serves more than 23,000 customers in over 135 countries. Cognos enterprise business intelligence and performance management solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit the Cognos Web site at http://www.cognos.com.
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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