Category Archives: Blog

Five Key Insights on the State of the BI market, Which We Took from the Leading Global Research Firm

Just last week, the leading global research and advisory firm Forrester published their famous Forrester Wave reports for Enterprise BI platforms. We are very proud to announce that Panorama made it into the Wave thanks to its key differentiators in the market. This report is filled with interesting insights about the way the BI market is behaving and evolving. We would like to share with you the main points we learned from it.

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Top Benefits of Embedded BI Infographic

Embedded BI is an emerging trend in the Business Intelligence market that has gained more and more force this year. It integrates self-service Business Intelligence and data analytics tools into other applications. Any app can be enhanced with data analytics, dashboard visualization and notifications when data changes. Top BI solutions like Panorama Necto allow customers to embed state-of-the-art analytics into their own apps, letting them customize the platform to their specific needs. Check out this infographic of the top benefits of Embedded BI. Continue reading

The Modern BI Workflow

        Modern Business Intelligence is the new era of BI and data analytics. It has a new BI workflow. But what is different? What makes it “modern”? Let’s start by reviewing the previous BI models. First generation BI was governed and server-based. It was mostly about reporting and had only basic analytics with limited dashboards. IT had to do all the reporting and the process was usually long and tedious. Then came the second generation, which was desktop-dependent. Its claim to fame was self-service BI and dashboards that anyone could use. At first, it seemed great, until clear problems appeared, such as data silos, security issues, and the compromise of IT requirements.

        Modern BI is the next generation, combining the best of both previous generations. Having learned from mistakes, the industry realized that both self-service and governance were important. What makes Modern BI “modern” is the ability to solve the requirements of business users, who demand more self-service, automated data discovery and KPI monitoring—beyond the basic needs of dashboards and reports. And at the same time, solve the requirements of IT and BI teams, who need governance to maintain a single version of the truth, secured data access, and powerful analytics.

        To take full advantage of Modern BI’s benefits, enterprises need to implement a modern BI workflow. Consequently, both IT and business shine in their execution according to their capabilities and roles. Success happens when all parties collaborate and share their knowledge in a secure environment. The modern BI workflow is made up of four components.

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Panorama is Awarded Best Innovation Partner by Amdocs

Last week Panorama received the “Best Innovation Partner for 2017” award by Amdocs. We were honored to receive the award at the Amdocs Global Partner Conference in Miami last week, where we presented our state of the art BI software as part of the Amdocs Optima offering. In addition, attendees watched a video discussing our successful partnership with the ATT Foundry. This award is an honor to us, as it represents our innovation from a product and technology perspective, and our deep engagement and commitment with Amdocs. We are very proud of this partnership and hope to continue working together towards mutual success and innovation.amdocs award conference Continue reading

Achieving the Highest Security in Your BI System

Working with a Business Intelligence system provides enterprises with countless benefits, but it can also present some security risks if data is not handled correctly. BI drives a company’s strategy, but it can also expose it to risk. There are many people that want a company’s data: competitors, investors (not current, but those seeking investments), customers, vendors, and more. A company’s data exposes its weaknesses and faults, and its business. It does not mean that the previously mentioned people are after a company’s data and will try to steal it. But there are people out there that steal data on a regular basis, from many companies, and then put it on the marketplace and offer it to the people interested in it, like competitors. It is important to be aware that the BI environment is not free of thieves trying to steal data and exposing organizations.

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How is Centralized BI Benefiting the Finance Industry?

The use of Business Intelligence and smart data analytics has become a common practice. Financial organizations use Business Intelligence tools to create competitive advantages by driving profits and reducing risks. The financial world is in constant change and managers need alerts and notifications when data changes in their transaction systems. They need to be able to access data and keep track of any anomalies that may occur. All managers and users need to see the same version of the truth. Off course, each user will only see what he is allowed to see according to previously set data access credentials.

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BI Everywhere! Introducing Mobile BI Into Your Strategy

You’ve probably been hearing a lot about Mobile BI. Over the past years we have seen a migration towards mobile in almost every aspect of our lives. Business Intelligence is not the exception to this shift. Nowadays we don’t just communicate through our mobile devices, we pretty much run our lives with them. Most of us check our emails on our mobiles, we do quick banking transactions, schedule appointments, even do grocery shopping online from our smartphones. Just as everyday activities shifted to mobile, so did our businesses.

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Necto and Amdocs Rock the Mobile World Congress

Last week we had the pleasure to present Necto at the Mobile World Congress held in Barcelona. More than 100,000 professionals from all over the world attended the congress. Visitors explored the most cutting-edge mobile enabled products and technologies. Amdocs featured Necto as the analytics platform for its product Optima.

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Panorama Software Receives BDO Award as #1 in BI

Panorama Software received this week an award given by BDO and People and Computers, after surveying hundreds of CIOs and CTOs. Panorama won #1 in the Business Intelligence category for overall customer satisfaction, product stability, integrity, ease of use, and UI/UX, beating other BI vendors such as Tableau, Qlik, SAP, Microsoft, and more.

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