Study Group International Selects IBM Cognos Software for Global
Performance Management
Leading international education provider will use IBM Cognos software
to optimize worldwide program and operations planning
BURLINGTON, Mass. (Business Wire EON) April 8, 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.
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.
Under terms of the deal, Cognos will replace Study Group’s
existing spreadsheet-based budgeting and planning solution and provide
the organization’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
organization to spot trends and issues in advance, then adjust resources
according to demand in specific countries, programs or courses.
“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. “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.”
Using the expertise of Cognos partner Focus Strategies and Solutions,
IBM Cognos 8 Planning will initially be deployed to coincide with the
organization’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.
"We are thrilled to have Study Group select Cognos and Focus for its
global platform and development partner. We work with many organizations
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.
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.
For further information on performance management, IBM Cognos 8 BI or
IBM Cognos 8 Planning, please visit: http://www.cognos.com/products/index.html.
“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 & solutions at Cognos. “By
synchronizing 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.”
Cognos is a recognized 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.
About Study Group:
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.
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.
About Cognos, an IBM company:
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.
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.
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.
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