Cognos offers colleges faculty management solution

Cognos Inc. announced today the launch of a new performance solution designed to help colleges and universities drive more efficient faculty salary and position planning.

A Canadian software company with US headquarters in Burlington, Cognos said it is looking to continue to extend its presence in the higher education market; Cognos' software is designed to give clients business intelligence and performance management solutions.

According to Cognos, tracking higher education faculty salaries can be a complicated process, as many college and university professors draw their salary from a number of funding pools that either supplement or replace the base salary paid by their institution.

Cognos said its Salary Planning and Position Control Blueprint offers colleges and universities a complete performance management framework that delivers enhanced visibility into the ever-changing demographics of their faculties.

In November, technology giant IBM Corp. disclosed plans to buy Cognos for nearly $5 billion as IBM aims to keep up with competitors in the rapidly expanding market for business intelligence software, a Globe story reporting on the announcement noted.

At that time, Cognos said it employed 390 people in Massachusetts.
(By Chris Reidy, Globe staff)