Panorama Software, a business intelligence solutions vendor, announced the launch of NovaView for PowerPivot, a business intelligence suite built on top of the Microsoft SQL Server 2008 R2 PowerPivot platform. Microsoft's PowerPivot offers a managed self-service BI capability and in-memory engine.
In recent times, there has been growing interest in in-memory databases - which speed up query times - as a more effective platform for BI, Rony Ross, executive chairman and founder of Panorama Software, tells 5 Minute Briefing. "Microsoft PowerPivot is the ultimate platform for in-memory, on-the-fly analytics," he tells 5 Minute Briefing. "It's the next step in the evolution of OLAP."
Panorama NovaView for PowerPivot, part of the NovaView for Office 2010 adds new capabilities to the PowerPivot platform. The product includes self-service BI capabilities such as an intuitive Web interface, advanced analytics and a data level security layer, providing new ways for analysts and information workers to generate impactful insights and make better decisions.
By natively connecting to the PowerPivot in-memory models, Panorama NovaView enables users to perform more sophisticated analysis, including smart exceptions, instant calculations, and data formatting. The tool also provides users with a way to build pixel perfect reports, create executive dashboards or deliver insights directly to their Microsoft Office Outlook application. Panorama NovaView the currently the only BI application that offers the same set of BI tools for OLAP, relational and in-memory data sources, the vendor says.
Ross sees this solution going to both experienced BI professionals, as well as less-technically inclined business users. "Our 15 years of expertise in building OLAP-based solutions enabled us to develop NovaView for PowerPivot in such a way that addresses both the analytics requirements of the savvy power users as well as those of the occasional user," he explains. "The NovaView UI is built with self-discoverable features that make it easy to deploy and explore, practically without training."
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