Overview

IBM Cognos 8 Controller provides Finance organizations with unmatched capabilities for managing the close, consolidation, and reporting process. An automated, menu-driven application that is owned and managed by Finance, IBM Cognos 8 Controller can consolidate diverse ledgers representing thousands of operating units and accounts into a common chart-of-accounts structure.

IBM Cognos 8 Controller reduces close cycle times and gives you the transparency that is essential for sustained compliance with Sarbanes-Oxley and IFRS. It supports local, regional, or global requirements, and enables you to adapt to business and regulatory changes in real time.

What IBM Cognos 8 Controller Offers to Finance Leaders
IBM Cognos 8 Controller offers critical benefits for the key members of your finance team—and for the CIO, who needs to ensure compatibility with existing IT investments:

* For Corporate Controllers: IBM Cognos 8 Controller enables the corporate controller to automate the entire close process, from data collection to financial consolidation to output. Close cycle times are reduced while data integrity is assured.
* For the CFO: IBM Cognos 8 Controller reduces risk and provides the CFO with an enterprise view of key financial ratios and results. Greater visibility improves strategic decision making across the organization, while the high quality of financial results eases external reporting and compliance.
* For the CIO: IBM Cognos 8 Controller allows the CIO to leverage current IT investments while ensuring that centralized systems meet the demand for secure and reliable data. And it offers the opportunity for performance management standardization from a single vendor, with enterprise planning and business intelligence across a single architecture and platform.

IBM Cognos 8 Controller is the only solution that includes more than 200 pre-configured, standard reports to satisfy the demands of management and regulators. All the reports required at key stages of the close process are available automatically—no custom report creation is needed.

In addition, IBM Cognos 8 Controller is seamlessly integrated with IBM Cognos 8 Planning and IBM Cognos 8 Business Intelligence. It enables performance management to be integrated at the data, security and process level—all at a low total cost of ownership.
Learn more:

* Features and Benefits of IBM Cognos 8 Controller
* Read the IBM Cognos 8 Controller Fact Sheet
* Read about the 200+ Standard Reports available with IBM Cognos 8 Controller
* Visit the Compliance Resource Center
* Learn best practices thru IBM Cognos 8 Controller Performance

BluePrints

IBM to send blazing fast supercomputer to Energy Dept.

This story has been edited since it was published. See below for details.

IBM plans to announce on Tuesday that it will supply the world's fastest supercomputer to the U.S. Department of Energy in the next few years, according to numerous reports.

Not only will the machine, called Sequoia, be the fastest supercomputer to date, it will blow the current record-holder out of the water. IBM's Roadrunner, located at the U.S. Department of Energy's Los Alamos National Laboratory, was the first system to reach 1.026 petaflops (a petaflop is equal to a quadrillion calculations per second; the "flops" stands for floating point operations per second). But only seven months after the Roadrunner took top honors on a twice-yearly list of the world's fastest supercomputers, IBM is announcing that its successor will outdo it by an order of magnitude. Sequoia will be able to work at a staggering 20 petaflops, the equivalent of the computing power of 2 million laptops according to Reuters.

IBM says it plans to deliver the Sequoia to the Energy Department for use at the Lawrence Livermore National Laboratory. The supercomputer will run simulations to test the soundness of the nation's stockpile of nuclear weaponry, according to the IDG News Service.

Editor's note: When it was initially published, this story cited data from another publication about Sequoia's energy usage. Several readers doubted the validity of the data, and I have not been able to confirm the figures. For now, that information has been removed.

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