Kogent Announces Enterprise Performance Management Acquisition
Its acquisition of Driver6 provides enterprise performance management (EPM) solutions for business executives.
Business Intelligence (BI) company, Kogent Corporation, has recently announced its acquisition of Driver6, Inc., a San Jose-based business and technology firm specializing in Enterprise Performance Management (EPM) and SAP BusinessObjects applications. As noted in the recent news release on PR Web, the EPM solutions added by Driver6 will allow Kogent to better meet the needs of business executives who seek competitive advantage by implementing systems that integrate processes on a strategic, financial and operational level.
"Companies that want to differentiate and improve performance relative to competitors need a dynamic business model that adjusts to external factors, alerts decision makers, and defines actions and follow-up as results change. BI solutions create a data management foundation for such a model and are most effective when complemented by EPM solutions that provide performance strategy alignment, decision analytics, consolidating, planning & forecasting, and customer product & optimization."