Cognos ousts Business Objects in $700K Suncorp deal

Stan Beer
Thursday, 01 September 2005 06:49

IT Industry - Deals

Business intelligence vendor, Cognos, has won a deal with Suncorp to rationalise reporting tools and software license costs across the organisation.

The contract, valued at $700,000 over three years, names Cognos as the single preferred vendor for reporting solutions within Suncorp’s business intelligence and data warehouse environment. Suncorp previously used reporting tools from both Cognos and Business Objects.

Suncorp is Australia’s sixth largest listed financial services group and third largest insurance company.
 
According to Cognos, standardising on Cognos enterprise-wide, Suncorp will gain access to a more tightly integrated corporate reporting structure and reduce ongoing license costs, while protecting its existing investment in the technology.
 
Cognos ReportNet offers a complete Web-based report and query-authoring environment and uses Web Services architecture for ease of integration and compatibility with existing environments.
 
Suncorp will implement Cognos ReportNet initially within its call centre operations in mid-August, before progressing the rollout to encompass its general insurance and business banking units over a three-year period.
 
“With the stabilisation of our BI requirements, it made sense to standardise our reporting platform with a single solution,” explained Gary Woods, Information Services Manager at Suncorp.
 
“We chose the Cognos suite including ReportNet because it offered the most flexible software licensing model, highest usability levels and tightest integration with our existing business intelligence platform.”