Market Snapshot Says Global BI Leader is Innovative, Helps Customers Maximize BI Investment
TORONTO, ON (February 12th, 2008) – Panorama Software, a global leader in Proactive Business Intelligence solutions, today announced that the company has been favorably categorized in the recent Gartner Magic Quadrant as a compelling BI solution for customers who are looking for a front-end solution that runs on SAP NetWeaver, Microsoft SQL Server and Essbase.
“In a year of dramatic consolidations in the BI industry, we are pleased with the Gartner results,” said Oudi Antebi, VP Marketing and Strategy, Panorama Software. “Panorama shows impressive continued momentum, and will remain aggressive in touting our strengths to new markets and increasing innovation in support of a variety of platforms.”
Gartner cited Panorama strengths as including the company’s status as one of the few pure-play BI platform vendors with the ability to serve as a front-end for SAP NetWeaver BI without building an intermediate layer of metadata or moving data out of SAP. This allows customers relying heavily on NetWeaver to leverage 100% of their investment in the SAP platform. Gartner also cited Panorama’s unique ability to deliver a consistent front end that runs natively and simultaneously on both SAP NetWeaver BI and Microsoft Analysis Services and, eventually, Oracle Hyperion Essbase as “compelling,” according to analysts.
Panorama’s status as a nimble vendor capable of significant innovation was also listed as a company strength. An example of that innovation includes Panorama’s movement toward a Software as a Service (SaaS) offering which leverages the company’s expertise in MDX. The company also excels in meeting the needs of a variety of customers through its vertically specific applications covering the manufacturing, financial services, retail operations, media and healthcare industries.
Panorama bases its business strategy on fulfilling the needs of SAP and Microsoft customers who are looking for ways to leverage their investment and make BI work effectively for them. The company has answered this with solutions aimed at fulfilling that need, as opposed to competitors in the BI space whose solutions customers have found to be challenging and costly to deploy, citing difficulties with configurations, implementations and support.
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
About Gartner, Inc.
Gartner, Inc. (NYSE: IT) is the world’s leading information technology research and advisory company. We deliver the technology-related insight necessary for our clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, we are the indispensable partner to 60,000 clients in 10,000 distinct organizations. Through the resources of Gartner Research, Gartner Consulting and Gartner Events, we work with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, U.S.A., and has 3,900 associates, including 1,200 research analysts and consultants in 75 countries.