There are plenty of enterprises silently chugging away with Cognos as their BI platform. 'IBM MobileFirst' (i.e. some guys basically make a 'custom' dashboard for your TM1 instance that C-levels can use on their iPhone) probably broke a profit by doing what they do best. (I.e. severely overcharging companies for functionality, in exchange for the purchasing authority having the ability to say "hey I bought IBM"). Cognos still is silently huge (TIBCO and Informatica levels of huge) and considering how the corporate world went from BlackBerry to iPhone, it's a safe bet that it made a profit.
Side-note: There was an article about the imminent demise of Oracle, but residual support contracts and the need for CIOs to keep renewing those contracts for a few hundred k a quarter is a cheap buy as insurance in the same way you go to PricewaterCooper and not JoeSchmo to get your books audited. (If/when PWC messes up, the board will overlook your failure.)
Side-note: There was an article about the imminent demise of Oracle, but residual support contracts and the need for CIOs to keep renewing those contracts for a few hundred k a quarter is a cheap buy as insurance in the same way you go to PricewaterCooper and not JoeSchmo to get your books audited. (If/when PWC messes up, the board will overlook your failure.)