Panorama Software to Provide Superior In-Memory BI Solution Through Integration With Microsoft's PowerPivot

TORONTO, Nov. 5 /PRNewswire/ -- Panorama Software, a global leader in proactive Business Intelligence (BI) solutions, today unveiled its plans for the next release of its flagship product suite NovaView. Panorama's next release will extend its SQL Server Analysis Services support to natively support Microsoft's new PowerPivot (Formerly known as Project Gemini), Microsoft's innovative in-memory based data platform. The new solution will simplify and shorten the process of connecting to any data source and enable users to instantly analyze data from one or multiple data sources in a web BI interface.

PowerPivot is the name for Microsoft's next major update to Analysis Services. An in-memory, column-based storage mode allows analysis with predefined models and without pre-aggregation or cube-building prior to querying. By combining its power with the NovaView suite, information workers can save time associated with connecting to a data source and creating interactive reports and dashboards.

Beyond the integration of PowerPivot as the core engine for Panorama's NovaView platform, Panorama will integrate with the traditional SQL Server Analysis Services engine, Excel 2010 and SharePoint, enabling users to perform even deeper analysis in a web environment.

"We have invested a lot of time and effort developing PowerPivot into a leading in-memory engine," remarked Amir Netz, Senior Architect for Microsoft SQL Server BI. "Panorama is taking major steps towards integrating it with its comprehensive BI offering, and we expect the company to drive new, innovative solutions based on our new technology."

"Microsoft is about to release one of the biggest revolutions and innovations in BI with Microsoft PowerPivot," said Eynan Azarya, CEO Panorama Software. "We plan to make that innovation a major differentiator for Panorama and will offer the ultimate in-memory based BI solution in the market."

Soon, Panorama NovaView will provide all the benefits of simplified, ad hoc solutions combined with the added advantages of in-memory functionality and NovaView's powerful and intuitive user interface to provide new ways for analysts and information workers to generate impactful insights and make better business decisions .

For more information on how Panorama NovaView interacts with Microsoft products, please visit: www.panoramasoftware.com.

About Panorama Software:

Panorama Software empowers individuals and global organizations with the ability to rapidly analyze data, identify trends, maximize business opportunities and improve corporate performance and results through a complete SaaS and on-premise BI solution.

Panorama NovaView®, the company's flagship solution, amplifies the impact of the information worker through a tightly integrated and complete suite of 'on-premise' analysis, reporting, scorecard, dashboard and data modeling applications that support the two leading data platforms, SAP and Microsoft.

Panorama's solution for Google Apps empowers individuals and enterprises with the most intuitive and accessible SaaS-based BI solution.

Founded in 1993, Panorama is a leading innovator in Online Analytical Processing (OLAP) and Multidimensional Expressions (MDX). Panorama sold its OLAP technology to Microsoft Corporation in 1996; the technology was rebranded as SQL ServerTM Analysis Services and integrated into the SQL ServerTM platform. Panorama supports over 1,000 customers worldwide in industries such as financial services, manufacturing, retail, healthcare, telecommunications and life sciences. Panorama has a wide eco-system of partners in 30 countries, and maintains offices throughout North America, EMEA and Asia. More information is available at www.panorama.com.

NovaView and the Panorama logo are trademarks or registered trademarks of Panorama Software Ltd. All other company product or brand names are the trademarks or the registered trademarks of their respective companies. Panorama Software Ltd. is not responsible for errors or omissions. Copyright 2009 Panorama Software Ltd. All rights reserved.

SOURCE Panorama Software

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