- Leading paper producer to report on production, operations and sales
initiatives while automating financial consolidation processes -
BURLINGTON, MASS., August 20 /CNW/ - Cognos (Nasdaq: COGN) (TSX: CSN),
the world leader in business intelligence and performance management
solutions, today announced that Bowater Incorporated has standardized on
Cognos' performance management capabilities to quickly and efficiently analyze
and report on its production operations, measure the effectiveness of its
sales initiatives and automate its financial consolidation processes.
Prior to selecting Cognos, Bowater had varied reporting solutions
throughout the company. Following a competitive review, it turned to Cognos'
performance management platform to gain a consistent view of the
organization's performance information. Cognos 8 Business Intelligence (BI)
and Cognos 8 Controller will be implemented enterprise-wide to replace
disparate legacy systems within the company.
"We wanted a proven performance solution that was scalable and Web-based
with mainstream BI capabilities where key performance information would be
easy to find and analyze," said Tom Griffith, CIO, Bowater. "With Cognos, we
get a standard enterprise view of operational and financial data in an easy to
consume format. It is much more efficient than our legacy systems for pushing
key reports and analysis out to our users and having all the data secured and
controlled in a centralized manner ensures our decisions are driven from a
Bowater's paper mills will use Cognos 8 BI to measure production across
its 12 pulp and paper mills via standard operational reports and its sales
team will use it to measure effectiveness of sales initiatives. Cognos 8 BI
provides decision makers at all levels of the enterprise with a consistent,
accurate view of information they trust to better manage performance. As a
single platform based on a service-oriented architecture (SOA), Cognos 8 BI
integrates easily into Bowater's existing environment, leveraging its
relational data warehouse infrastructure, multiple systems and disparate data
sources. Cognos 8 BI provides Bowater with a robust technology foundation for
BI standardization and performance management.
With Cognos 8 Controller as its financial consolidation solution for all
of its general ledgers across the U.S. and Canada, Bowater gains a
finance-focused solution that automates and structures the financial
consolidation process, delivers validated financial information for internal
and external reporting and provides a transparent, accurate and timely
management view of enterprise-wide corporate performance. Cognos 8 Controller
also supports the improvement of the internal control environment and helps
Bowater meet compliance requirements to ensure financial data quality.
"Manufacturers are constantly striving to be more efficient and
effective, and with the unique combination of strength and ease-of-use
provided by the Cognos performance management platform, Bowater will be able
to leverage that value," said Paul Hoy, director of manufacturing industry
solutions at Cognos. "Bowater is a customer-focused company that values growth
and the advancement opportunities it generates. By standardizing on Cognos for
performance management, Bowater is empowering its business users to make
better business decisions."
Business Intelligence and financial consolidation are key elements of the
Cognos Performance Management System, which combines technology, best
practices, analytical applications and solutions, and a broad network of
partners into a single performance management solution for customers.
Cognos is a recognized leader in delivering performance management
solutions for the manufacturing industry, including 9 of the top 10 high tech
companies, 19 of the top 20 consumer goods companies and all of the top 10
automakers in the world. In addition to Bowater, other leading manufacturing
customers include TELUS Mobility, Del Monte Foods, Mercedes-Benz. For more
information about Cognos solutions for the manufacturing industry, please
Bowater Incorporated, headquartered in Greenville, SC, is a leading
producer of coated and specialty papers and newsprint. In addition, the
company sells bleached market pulp and lumber products. Bowater employs
approximately 6,900 people and has 12 pulp and paper mills in the United
States, Canada and South Korea. In North America, it also operates a
converting facility and owns 10 sawmills. Bowater's operations are supported
by approximately 708,000 acres of timberlands owned or leased in the United
States and Canada and 28 million acres of timber cutting rights in Canada.
Bowater operates six recycling plants and is one of the world's largest
consumers of recycled newspapers and magazines. Bowater common stock is listed
on the New York Stock Exchange. A special class of stock exchangeable into
Bowater common stock is listed on the Toronto Stock Exchange (TSX: BWX). To
learn more, visit www.bowater.com.
Cognos, the world leader in business intelligence and performance
management solutions, provides world-class enterprise planning and BI software
and services to help companies plan, understand and manage financial and
Cognos brings together technology, analytical applications, best
practices, and a broad network of partners to give customers a complete
performance system. The Cognos performance system is an open and adaptive
solution that leverages an organization's ERP, packaged applications, and
database investments. It gives customers the ability to answer the questions
-- How are we doing? Why are we on or off track? What should we do about it? -
and enables them to understand and monitor current performance while planning
future business strategies.
Cognos serves more than 23,000 customers in more than 135 countries, and
its top 100 enterprise customers consistently outperform market indexes.
Cognos 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
For further information:
For further information: Media Contacts: Cognos Carrie Bendzsa,
613-738-1440 firstname.lastname@example.org or Lois Paul & Partners Jolene Hajj,
781-782-5849 email@example.com or Investor Relations: Cognos John Lawlor,