As Oracle Corp. was attempting to focus the software spotlight on its OpenWorld 2007 show in San Francisco, IBM Corp. stole its thunder by announcing its acquisition of Cognos Inc. for $5 billion in a move to expand its business intelligence (BI) and business performance management (BPM) repertoire.

Cognos becomes the latest in a series of software companies to give into consolidation mania, after swearing independence just as Business Objects did before SAP AG scooped it up last month and Hyperion did before it was bought by Oracle in February. In the end, Cognos CEO Rob Ashe tried to save face: "They made us an offer we couldn't refuse." So what else is new?

Now, SAS Institute, the biggest independent enterprise intelligence provider, with $1.9 billion in revenues, is considered by consultants to possibly be the next big software play. But SAS, no surprise, says differently. "We will not be sold," says Gaurev Verma, SAS global marketing manager for the enterprise intelligence area that combines BI, data field integration and data quality and predictive analytics tools. He notes that as an independent, it can pour 24% of its revenues back into research and development. SAS remains a major partner with IBM to provide predictive, forecasting, modeling and optimization tools to create complete solutions, and has also worked with SAP.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.