Panorama Software to Provide Superior In-Memory BI Solution Through Integration with Microsoft’s PowerPivot

Next Version of NovaView to Extend its SQL Server Analysis Services support with PowerPivot

Toronto, November 5, 2009 –  Panorama Software, a global leader in proactive Business Intelligence (BI) solutions, today unveiled its plans for the next release of its flagship product suite NovaView. Panorama’s next release will extend its SQL Server Analysis Services support to natively support Microsoft’s new PowerPivot (Formerly known as Project Gemini), Microsoft’s innovative in-memory based data platform. The new solution will simplify and shorten the process of connecting to any data source and enable users to instantly analyze data from one or multiple data sources in a web BI interface.

PowerPivot is the name for Microsoft’s next major update to Analysis Services. An in-memory, column-based storage mode allows analysis with predefined models and without pre-aggregation or cube-building prior to querying. By combining its power with the NovaView suite, information workers can save time associated with connecting to a data source and creating interactive reports and dashboards.

Beyond the integration of PowerPivot as the core engine for Panorama’s NovaView platform, Panorama will integrate with the traditional SQL Server Analysis Services engine, Excel 2010 and SharePoint, enabling users to perform even deeper analysis in a web environment.

“We have invested a lot of time and effort developing PowerPivot into a leading in-memory engine,” remarked Amir Netz, Senior Architect for Microsoft SQL Server BI. “Panorama is taking major steps towards integrating it with its comprehensive BI offering, and we expect the company to drive new, innovative solutions based on our new technology.”

“Microsoft is about to release one of the biggest revolutions and innovations in BI with Microsoft PowerPivot,” said Eynav Azarya, CEO Panorama Software. “We plan to make that innovation a major differentiator for Panorama and will offer the ultimate in-memory based BI solution in the market.”

Soon, Panorama NovaView will provide all the benefits of simplified, ad hoc solutions combined with the added advantages of in-memory functionality and NovaView’s powerful and intuitive user interface to provide new ways for analysts and information workers to generate impactful insights and make better business decisions.

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