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Study Group International Selects IBM Cognos Software for Global Performance Management

  • 09 April, 2008 05:53

<p>SYDNEY, APRIL 9, 2008 – Cognos, an IBM company and world leader in business intelligence and performance management solutions, today announced that Study Group, an Australian headquartered and global leader in international education, has selected IBM Cognos 8 Business Intelligence and IBM Cognos 8 Planning as the performance management standard for streamlining its worldwide operational forecasting, budgeting and planning.</p>
<p>Spanning five continents, Study Group is a global leader in international education, providing the highest quality educational opportunities for students from more than 120 countries. Beginning in 1994 with 7,000 students per year, Study Group now has 50 schools, a global enrollment base of 40,000 students and 2,500 staff.</p>
<p>Under terms of the deal, Cognos will replace Study Group’s existing spreadsheet-based budgeting and planning solution and provide the organisation’s sales, marketing, finance and planning teams with an integrated performance management dashboard for future budget and program planning and modeling. With the IBM Cognos software, Study Group will be able to seamlessly align its global network of offices to enable integrated planning and perform ‘what if’ analysis in real-time, helping the organisation to spot trends and issues in advance, then adjust resources according to demand in specific countries, programs or courses.</p>
<p>“Cognos is the market leader in performance planning and reporting so when we reviewed our options for delivering an integrated process, Cognos was ahead of the pack. We also liked the company’s global market footprint, its expertise in the education and services market sectors, and the solution’s powerful ability to enable users to rapidly and accurately plan for the future,” said Michael Mangan, chief information officer at Study Group.</p>
<p>“Once Cognos is fully deployed, we’ll be able to accurately obtain a 360 degree trending view of where our students are enrolling, where they are likely to study, what they are likely to pay in terms of tuition fees and the resulting cost to Study Group for the infrastructure and human resources to deliver the tuition itself. We’ll also be able to go behind the scenes and drill down to see what drivers might be at play that can impact student enrollment, and by extension revenues.”</p>
<p>Using the expertise of Cognos partner Focus Strategies and Solutions, IBM Cognos 8 Planning will initially be deployed to coincide with the organisation’s commencement of its annual planning cycle this September. In parallel, IBM Cognos 8 BI will be deployed to track and assess the student enrollment cycle. The system will then be enhanced with modeling capabilities. All phases of the deployment will be conducted simultaneously across the company’s North American, European and Asia Pacific business regions.</p>
<p>"We are thrilled to have Study Group select Cognos and Focus for its global platform and development partner. We work with many organisations in diverse industries, assisting them to select and implement performance management systems to drive their business forward. Focus has a particular strength in the education industry, having partnered with several universities, and we now look forward to being involved in the implementation of the IBM Cognos solution with Study Group, a worldwide leader in its own sector,” said Tom Reich, director, Focus Strategies and Solutions.</p>
<p>Business Intelligence and financial planning are key elements of the IBM 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.</p>
<p>“IBM Cognos solutions allow educational institutions at all levels to effectively leverage information to help evaluate and monitor performance of students, staff, and curriculum, distribute resources for greatest impact, and retain fiscal accountability,” said Susan Gold, vice president of industry marketing &amp; solutions at Cognos. “By synchronising data and providing geographically dispersed decision makers with the powerful lens of IBM Cognos solutions, Study Group will be able to obtain a holistic view of the institution. With such consistency, timeliness and accuracy of information, they will be able to better deliver success for both its staff and students.”</p>
<p>Cognos is a recognised leader in delivering performance management solutions for higher education. Over 1,000 higher education institutions worldwide use IBM Cognos solutions, including Southern Methodist University, The George Washington University, University of Minnesota, University of Toronto, University of Ulster (Ireland) and University of Wollongong (Australia). More information about IBM Cognos solutions for higher education can be found at www.cognos.com/higher_ed</p>
<p>About Study Group:</p>
<p>Spanning five continents, Study Group is a global leader in international education, providing the highest quality educational opportunities for students from over 120 countries. Beginning in 1994 with 7000 students per year, Study Group now has an enrolment base of 40,000 around the world.</p>
<p>Through Study Group’s leading set of partnerships with top universities, it is able to provide on and off-campus preparation courses for international students that ensure academic success and entry into some of the most prestigious educational institutions in the world. The quality of its teaching is confirmed by independent accreditation bodies worldwide including: English UK, Ofsted, British Council, NEAS, Accet, English Australia and New Zealand Qualification Authority. For more information, please visit http://www.studygroup.com</p>
<p>About Cognos, an IBM company:</p>
<p>Cognos, an IBM company, is the world leader in business intelligence and performance management solutions. It provides world-class enterprise planning and BI software and services to help companies plan, understand and manage financial and operational performance. Cognos was acquired by IBM in January 2008. For more information, visit http://www.ibm.com/software/data/ and http://www.cognos.com.</p>
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<p>Cognos and the Cognos logo are trademarks of Cognos ULC (formerly Cognos Incorporated) in the United States and/or other countries. IBM and the IBM logo are trademarks of International Business Machines Corporation in the United States, or other countries, or both. Other company, product, or service names may be trademarks or service marks of others.</p>
<p>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</p>

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