QualChoice of Arkansas Standardizes on Cognos 8 Business Intelligence
– Leading healthcare insurance provider taps Cognos partner
Amitech Solutions for business expertise and technology implementation –
BURLINGTON, MA, February 6, 2006-
Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business
intelligence and corporate
performance management (CPM), today announced that QualChoice of Arkansas,
the state’s premier healthcare insurance provider, has standardized on
Cognos 8 Business Intelligence for its BI platform and data warehouse.
QualChoice of Arkansas needed a robust and standard approach for managing
the vast amount of information required to run the health insurance company.
The company selected Cognos 8 BI, the only BI product to deliver the complete
range of BI capabilities on a single, proven architecture. QualChoice will
use Cognos 8 BI as the platform to build an enterprise-wide data warehouse
to hold all information relating to medical claims, provider contracts, financials,
and business operations. With Cognos 8 BI, QualChoice of Arkansas can replace
the numerous and siloed Excel spreadsheets and SQL queries with one single
product that can provide an accurate, consolidated view of the company’s
performance.
“Having Cognos 8 BI as our standard BI platform in place will help us
better serve our members, brokers, providers, and employers,” said Michael
Stock, COO and CFO, QualChoice/QCA Health Plan, Inc.
“Maintaining all of our information in one warehouse will preserve data
quality and increase efficiency of processes. Once deployed, we will be able
to monitor our ongoing business operations, make informed decisions, and respond
even more quickly to any issues or changes.”
Amitech Solutions, a Cognos Silver Technology Partner with deep expertise
in the healthcare industry, is working with QualChoice of Arkansas on its business
intelligence strategy and the Cognos 8 BI implementation.
“The healthcare business is extremely complex and involves integrating
multiple sources of information related to many stakeholders,” said Amit
Bhagat, Principal Consultant, Amitech Solutions. “We bring a positive
track record helping healthcare organizations quickly capture their business
knowledge into a technology environment that is easy to use. Cognos 8 BI’s
proven, flexible, and scalable environment is an ideal product for QualChoice
because it will quickly meet its current data warehouse needs today, and provide
a platform to manage the company’s performance as it continues to grow
in the future.”
Cognos 8 BI is a groundbreaking product that provides decision makers at all
levels of the enterprise with a consistent, accurate view of information to
better manage performance. As a single product that easily integrates into
existing infrastructures with multiple systems and data sources, Cognos 8 BI
is a robust technology foundation for BI standardization and corporate performance
management.
“Cognos 8 BI puts the power of knowledge into the hands of any business
user, enabling smarter and more informed business decisions,” said Dave
Laverty, senior vice president of marketing, Cognos. “Leading organizations
like QualChoice of Arkansas recognize the value of having all enterprise information
readily available to businesses in a simple, flexible environment. In addition,
collaborating with Amitech Solutions on the product implementation will ensure
QualChoice of Arkansas receives the utmost in healthcare experience combined
with the industry’s leading BI product.”
Cognos is a recognized leader in delivering business intelligence and corporate
performance management solutions for the insurance industry. Over 1,000 financial
services institutions worldwide use Cognos, including 4 of the top 5 global
insurance companies. In addition to QualChoice of Arkansas, other insurance
customers include AAA
Life, PMI Mortgage
Insurance, Canadian
Imperial Bank of Commerce (CIBC) – Insurance division, and Prudential
UK. For more
information about Cognos solutions for the insurance industry, please visit
http://www.cognos.com/solutions/industry/insurance/index.html.
About QualChoice of Arkansas:
QualChoice of Arkansas, Inc. is a not-for-profit Arkansas-based health services
company that offers a variety of managed care products and benefit administration
services to its members. With over 80,000 members, QualChoice is the second
largest managed care company in Arkansas. QualChoice offers a comprehensive
line of HMO and POS plans as well as certain third party administrative ("TPA"),
dental, vision and pharmacy products. Membership includes large and small
group commercial members and state employees. Members are located across
the entire state with concentrated membership in large metropolitan markets.
We believe our competitive advantage is, and will continue to be, our ability
to offer competitively priced managed care products with superior customer
service. For more information on QualChoice, visit http://www.qcark.com.
About Amitech Solutions:
Amitech Solutions is a leading provider of data warehousing, data integration,
business intelligence, IT consulting, and IT outsourcing services to medium
and large corporations in healthcare, finance, and insurance industries.
Amitech Solutions collaborates with its clients to increase business performance
and operational efficiency by developing and deploying customized IT solutions
to meet their unique needs. Amitech Solutions’ highly skilled technical
consultants in leading edge technologies enable our customers to create a more
responsive business, while leveraging existing technologies and assets, and
lowering total cost of ownership. With deep knowledge in Cognos business intelligence
platform Amitech Solutions enables its customers to access consistent, accurate
information at the right time by combining the best of OLAP and traditional
business intelligence tools to provide an integrated set of technologies that
unlocks valuable information trapped in operational systems and turns them
into actionable strategies. For more information, visit the Amitech Solutions
Web site at http://www.amitechsolutions.com.
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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