Cognos Puts City of Coquitlam on the Road to CPM-- Cognos will drive cost savings, increased efficiencies in leading high-tech city -- BURLINGTON, Mass., Sept. 29, 2003 -- The City of Coquitlam in British Columbia, Canada has chosen Cognos (Nasdaq: COGN; TSX: CSN) the world leader in business intelligence (BI) and corporate performance management (CPM), as their total CPM partner. Coquitlam, one of the leading high-tech cities in North America, has purchased Cognos Enterprise BI Series 7, Cognos' Enterprise Planning Series, Cognos Analytic Applications and Cognos Metrics Manager and has articulated a plan that enables Coquitlam to align strategy to execution and drive their CPM strategy throughout all City departments. A long-time customer, Coquitlam will work in partnership with Cognos to enable their vision for the "City Performance Management Project". This project is expected to put Coquitlam at the leading edge of using progressive performance management practices supported by leading edge technology to effectively deliver services to its community at the lowest cost to taxpayers. Over time, Coquitlam plans to measure performance across all City departments against its strategic goals and objectives. Leveraging their existing investment in Oracle and PeopleSoft, Coquitlam will: -- Use Cognos Enterprise Planning Series to set performance targets that cascade from top to bottom throughout the organization, making it easy for individual targets to reflect the corporate plan -- Use Cognos' Scorecarding solution, Cognos Metrics Manager, to gain a balanced view of Key Performance Indicators (KPIs) so they can better plan and execute service delivery to citizens of Coquitlam -- Use Cognos Enterprise BI Series 7 to provide city employees with accessible, dynamic reporting and analytical capabilities, as well as extraction transformation and loading (ETL) -- Communicate and manage integrated departmental and business line objectives -- Use Cognos Analytic Applications for Finance to gain access and visibility into Accounts Payable, Accounts Receivable and General Ledger Coquitlam has defined four strategic goals towards its vision to be a community where people choose to live, work and play. The goals areas -- Live, Work, Play and Leadership -- are each supported by strategic directions that reflect community priorities. "Coquitlam has developed a strategic road map and through a partnership with Cognos we now have tools that will enable us to monitor, report and analyze business performance across the entire city," said Mayor Jon Kingsbury, City of Coquitlam. "Through this type of planning and accountability, we are better able to provide service to our citizens, and enhance the efficiency of our organization." "The City of Coquitlam is a representative example of how local government can implement a CPM strategy," said Terence Atkinson, director of public sector solutions, Cognos. "CPM is clearly as much a performance management strategy for the public sector as it is for commercial enterprises. Cognos is the only BI company in the market with the full product capabilities to deliver a total CPM solution for our customers. The combination of world- leading reporting and analysis capabilities, comprehensive planning and budgeting, and dynamic scorecarding will help put Coquitlam on the path to continuous performance improvement across all departments, which ultimately means delivering better service to the community with the same resources." About Coquitlam, British Columbia, Canada, http://www.coquitlam.ca: With its thriving town centre, growing retail and business sector and a host of tourism activities, Coquitlam is a dynamic city with a commitment to community-based living. Coquitlam offers the vibrant action of a growing city combined with a beautiful natural setting boasting abundant parks and green space, along with arts and cultural venues and multiple recreational facilities. Through its partnership in the Industry Canada Smart Choices project and other initiatives, Coquitlam leverages emerging technology solutions to enhance its customer service and operations. Centered in the heart of the lower-mainland, Coquitlam's natural advantages include quick access to downtown Vancouver and the US border, and a strong economic base. Visitors are welcomed, businesses excel and residents are valued, making Coquitlam a true City of Choice. About Cognos: Cognos, the world leader in business intelligence and corporate performance management, delivers software that helps organizations 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 organization wide 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 22,000 customers in over 135 countries. Cognos enterprise business intelligence 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. 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.
Media Contacts:
Brooke Somers
Cognos, 613-738-1440
Amy Pavel Shanler, LP&P
781.782.5747
Investor Relations:
John Lawlor
613-738-3503
SOURCE Cognos Web Site: http://www.cognos.com http://www.coquitlam.ca |