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Panorama Software Announces General Availability of NovaView Spotlight

Industry’s First Patented PBI Solution Changes the Business Intelligence Paradigm through Pervasive and Relevant BI

TORONTO, ON, November 5, 2007 – Panorama Software, a global leader and visionary behind Proactive Business Intelligence (PBI) solutions, today announced the general availability of Panorama® NovaView™ Spotlight, the first PBI-centric solution on the market, establishing the bar for pervasive and personalized business intelligence.

“We are putting the user at the center of BI with our PBI innovation," said Oudi Antebi, Vice President of Marketing and Strategy at Panorama. “Traditional BI focused on providing access to reports as opposed to insights. These systems often left decision makers with the time consuming task of searching for relevant information and insights about the business. Panorama is proud to be the visionary behind Proactive Business Intelligence, and now with the availability of NovaView™ Spotlight, we’re the only company in the BI industry that offers a solution that monitors and automatically pushes relevant insights in non- BI tools to decision makers, enabling them to better focus on areas of the business that are most critical and required immediate attention.”

NovaView™ Spotlight embeds key metrics and key performance indicators (KPIs) into Microsoft® Office Outlook® or Microsoft® Office task panes that act as a smart personal dashboard. NovaView Spotlight enables information workers to focus on relevant insights that impact and drive business decisions, and empowers information workers to take context sensitive, structured actions based on these insights, without requiring complex BI tools or expertise.

NovaView™ Spotlight also provides a powerful solution for enforcing the deployment of a scorecard methodology across the organization. Traditionally, aligning corporate objectives to individual employee tactics has been difficult to enforce. Because NovaView Spotlight is part of Microsoft® Office Outlook®, organizations can deploy personalized KPIs to each end user’s desktop. Thus, enabling users to track KPIs and ensuring alignment with overall corporate strategy.

According to Helena Schwenk, Senior Analyst for Ovum’s technology group, there is tremendous growth and momentum in the BI market for providers, such as Panorama Software, to drive innovation geared toward the end user.

“A number of high-profile industries’ surveys continue to rank business intelligence as one of the top priorities for CIOs. This growth can be attributed to the use of BI technology to address three broad business drivers: reducing exposure to risk, reducing costs and driving competitive advantage,” said Schwenk. “Business intelligence plays a pivotal role in helping companies respond to these drivers as organizations seek to drive more value from their existing BI investments. Panorama’s initiative to offer solutions such as their proactive BI suite, signifies the company’s strong desire to help a wider range of organizations tap into the power of BI and improve the decision making process.”

In the near future, NovaView™ Spotlight will also be available as web parts, allowing it to be easily embedded into line of business applications or used as a desktop gadget.


About Panorama Software
Panorama Software empowers global organizations with the ability to rapidly identify trends, maximize business opportunities and improve corporate performance and results through enterprise business intelligence and Proactive Business Management solutions.  Panorama® NovaView™, the company’s flagship solution, amplifies the impact of the information worker through a tightly integrated and complete suite of analysis, reporting, scorecard, dashboard and data modeling applications that support the two leading Business Intelligence platforms, SAP (NYSE: SAP) and Microsoft (NASDAQ: MSFT).   Through Panorama NovaView, end users are empowered to freely explore their data using scalable and intuitive applications.

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, which was rebranded as SQL Server Analysis Services and integrated into the SQL Server 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.

 

*All cited names and/or trademarks are the property of their respective owners.

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.