MassHousing Standardizes on Cognos 8 Business Intelligence
– Executive Information System
enables better decision-making across the agency –
BURLINGTON, Mass. (Business Wire EON/PRWEB ) August 7, 2007 --
Cognos (Nasdaq: COGN) (TSX: CSN), the world leader in business
intelligence and performance
management solutions, today announced that MassHousing, the leading
provider of affordable housing for both individuals and major
developments across Massachusetts, has standardized on Cognos 8 Business
Intelligence (BI).
MassHousing needed a flexible and robust BI solution capable of
generating an integrated portal reporting system for its Executive
Information System (EIS), which bridges six separate business divisions:
Home Ownership, Rental Development, Rental Management, Corporate,
Mortgage, Insurance and MassHousing Overall. MassHousing selected Cognos
BI over competitive products because of Cognos’
ability to adapt to changes that occur within the data, as well as its
simplified maintenance and administration. By combining Cognos BI
solutions with the EIS, MassHousing employees can gain an accurate and
integrated view of key information across the entire organization, for a
complete, holistic view of the agency’s key
information.
As MassHousing’s EIS has matured, so have the
requests and needs of its 300-plus users who require more reports,
increased customization, enhanced security, and better visibility into
the agency to better manage the business. In addition, new departments
such as human resources and compliance and diversity have requested
access to Cognos reports to meet regulatory requirements. To continue to
meet these evolving demands, MassHousing has migrated to Cognos 8 BI.
The agency created an internal portal referred to as “My
MassHousing” that provides access to agency
news, timesheets, and the Cognos 8 BI solutions, including budget
information and trend reports. With the portal, users see the relevant
information they need to drive their organization’s
performance at the start of, and throughout, every day.
In addition, Cognos’ consulting and training
services have helped MassHousing build its BI Competency Center (BICC),
a dedicated team of six people in its Business Intelligence and
Corporate Reporting department officially designated in 2006 and
separate from the traditional IT department. The MassHousing BICC is
tasked with making sure that both existing and new systems do not affect
the overall reporting needs of the agency
“Cognos is the lifeblood of our agency, and
we continue to evolve our business practices with Cognos business
intelligence,” said Carl Richardson, BI
project manager at MassHousing. “As executives’
needs continue to grow, they’re pushing us to
implement smarter and more efficient Cognos solutions rather than the
other way around. This has helped us become a leader among our peers, as
managers from other agencies ask to see what we’re
doing with Cognos. By taking our implementation to the next level, we
can meet the specific needs of our individual end users and at the same
time, get a complete picture of our overall performance. This is
priceless.”
“MassHousing is a shining example of a
performance management implementation that started with departmental
functionality and has since expanded to encompass a broad set of users
across several functions and levels within the organization,”
said Terence Atkinson, director of government and education solutions at
Cognos. “As a result, the organization can
gain increased efficiencies of business reporting and a unified picture
of the overall business, and yet deliver a highly customized experience
to meet the unique needs of its diverse users.”
Cognos is a leading provider of business intelligence and corporate
performance management solutions for state and local governments,
helping them deliver timely, high-quality programs and services to their
citizens. Leading customers include State
of Utah, State
of Mississippi, City
of Albuquerque, City
of New York Police Department, and State
of New York. For more information about Cognos solutions
for state and local governments, please visit http://www.cognos.com/solutions/industry/government/state-local.html.
ABOUT MASSHOUSING:
MassHousing is the leading provider of affordable housing for both
individuals and major developments across the state of Massachusetts.
Since 1970, MassHousing has provided more than $9.9 billion in financing
for more than 88,000 units of mixed income rental housing and 55,000
loans for home owners and home buyers throughout the state. . As a
quasi-state agency, MassHousing is self-supporting, independent public
authority. For more information, please visit http://www.masshousing.com.
ABOUT COGNOS:
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 operational performance.
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 http://www.cognos.com.
See the original story at: http://eon.businesswire.com/releases/cognos/masshousing/prweb545272.htm
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