Cognos Buys Applix
In the race to become the next Computer Associates, Cognos took a shot across the Business Objects bow today and acquired one of the last legacy financial budgeting and planning (aka Performance Management) companies today. They bought Applix, who last time I checked have their own proprietary OLAP server that was always a favorite of Nigel Pendse and Richard Creeth over at the OLAP Report . Craig Schiff supports the announcement here and Nigel has updated his fantastic BI consolidation chart here.
Strategic growth through acquisition continues in the traditional on-premise BI market. Who will be next?
posted by Darren Cunningham at 9:03 am
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Darren Cunningham
Posted on 5th September, 2007
I thought the relationship map on this site was pretty cool: http://www.newsvisual.com/newsvisual/2007/09/cognos-and-appl.html
Ken Rudin is the CMO of LucidEra. He co-founded the on-demand business intelligence company in 2005. Ken is a veteran of the rapidly growing software as a service industry with over 7 years of experience as an executive with leading on-demand software vendors. These include roles at Salesforce.com, at Netsuite (as an advisor), and at Siebel's on-demand division.
Darren Cunningham is the VP of Marketing at LucidEra. Prior to joining LucidEra he was the Category Director for salesforce.com AppExchange Analytics and Data Management. Before joining the on-demand world, he spent over 7 years at Business Objects.
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