IBM and Cognos have unveiled a multiyear joint development agreement to provide IBM's products and services with a tighter framework for business intelligence, financial management and integrated planning.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
IBM will resell Cognos products and services with a view to embed the BI supplier's products into vertical solutions or those focused on business processes, said Larry Gosselin, alliances executive for IBM Business Consulting Services.
"When you take general BI and financial management and roll them together and wrap them around CPM [corporate performance management], that's something we at IBM and PWC are very big in," said Gosselin.
Users are looking for a unified or integrated approach to BI, and that's what IBM is trying to give them with these products.
The four existing vertical offerings from IBM and Cognos, include financial services, insurance, education and telecommunications.
CPM involves assessment and cleanup of an organisation's IT and business performance management practices, including scorecarding, forecasting, budgeting, and integrated planning.
Gosselin said regulatory pressures such as the Carbain Oxley Act and disparate data snafus within an environment are forcing customers to re-examine how business assets are divided, personalised and shared.
IBM products pegged to take advantage of the Cognos partnership include IBM WebSphere, IBM WebSphere Portal software, IBM DB2, DB2 Warehouse Manager, and DB2 OLAP Server. The joint offering is available on IBM eServerpSeries and xSeries systems.