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Microsoft and Panorama Software Collaborate on Industry Specific BI Solution

Leading Software Companies Continue to Innovate BI Market

TORONTO, ON – June 7, 2006 – Panorama Software, a global leader in business intelligence (BI) solutions today announced that they will work on more than two dozen industry specific BI applications. These applications will provide information workers with innovative ways to drive core processes and make better business decisions based on actionable business insight.

Panorama’s BI applications will be based on Microsoft’s BI platform - including future products such as the recently announced Microsoft Office PerformancePoint 2007 - to provide organizations best in class solutions which ultimately will greatly improve business results. The solutions will focus on pulling all relevant information - whether historical or current - from across a wide variety of enterprise systems and deliver clear and comprehensive business insight that will help drive current processes and guide users to the best course of action.

Some examples of these applications include:

  • Panorama’s BI solution for retail will help store managers better understand and predict the performance of core activities, such as trade-promotions, in order to make adjustments to processes and strategies while there is time to impact outcomes;
  • Panorama’s BI solution for credit management will allow financial service companies to display customers’ credit information, buying behavior, past purchases and credit lines in the historical context of data stored in LOB applications;
  • Panorama’s BI solution for risk management enables retail financial services institutions to mitigate operational risk;
  • Panorama’s BI solution for high-tech manufacturing will allow managers and other employees at production plants and warehouses to have greater visibility into numerous functions and process across the supply chain; and
  • Panorama’s BI solution for sales analytics leverages companies’ investments in CRM applications such as Siebel, Microsoft Dynamics and others in order to have a holistic view into customer relationships, loyalty and turn.

“Panorama Software has always been an innovative BI leader,” said Bill Baker, General Manager of Office Business Applications for Microsoft. “They have a significant track record as a proven Microsoft partner and have demonstrated their ability to deliver Microsoft based BI solutions tailored to specific industry needs and processes. Panorama’s strategy of building value-add applications on top of Microsoft technologies speaks to their leadership vision.”

“Panorama is moving beyond the traditional BI play and rewriting the rules on how companies run their businesses,” said Eynav Azarya, CEO, Panorama Software. “We focus on innovations that build on top of Microsoft’s BI platform and deliver solutions that make companies operate better and not just be better informed. In the coming year, Panorama will continue to release new innovative capabilities that will enable companies to automate the routine, focus on relevant information, and guide users to the most desirable course of action.”



About Panorama Software

Panorama Software, the company that sold its leading OLAP technology to Microsoft, helps global organizations unlock the hidden value of their information assets through results-driven proactive business management solutions. Panorama leverages both Microsoft (NasdaqNM:MSFT) and SAP (NYSE:SAP) platforms to offer smart, simple and complete business intelligence and corporate performance management solutions.

Through its flagship solution, Panorama NovaView 5, the Company provides BI and corporate performance management applications to enable smart companies to do smart business.

As a leading innovator of complete and integrated BI solutions, Panorama supports customers worldwide in industries including financial services, manufacturing, retail, healthcare, telecommunications and life sciences. Panorama has more than 300 partners in 30 countries, and maintains offices throughout North America, EMEA and Asia. More information is available at www.panorama.com.

 

Panorama 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 2006 Panorama Software Ltd. All rights reserved.