Cognos Buys Applix
Loading ...Only minutes after I post an entry on the acceleration of consolidation in the BI market, I see that Cognos has purchased Applix. The interesting part is TM1, which uses memory-centric BI technology that has been around for as long as I can remember, but which didn’t really come into its own until 64-bit platforms became available. The other vendor closely associated with the technology is Qliktech, but both SAP and FAST claim to have a memory-centric angle.
Cognos has been struggling a little recently, and this will give them a new angle, although apart from TM1 there’s clearly going to be a lot of overlap with their existing products.
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Another player in the memory-centric BI market is the open source PALO (http://www.palo.net)OLAP server from German company Jedox GmbH.