Tag Archives: BI 3.0

Panorama Software Announces Support for Microsoft SQL Server 2014

TORONTO, CANADA – May 13, 2014 – Panorama Software today announced it has integrated support for Microsoft SQL Server 2014 into the Panorama Necto 14 software solution. Integration with the SQL Server Platform enables users to analyze and visualize data in a unified, self-service environment.

The foundation of Microsoft’s comprehensive data platform, SQL Server delivers breakthrough performance for mission critical applications, using in-memory technologies, faster insights from data to any user in familiar tools such as Excel, and a resilient platform for building, deploying and managing solutions that span on-premise and cloud.

Necto 14 incorporates support for SQL Server 2014’s in-memory engine, analysis service cubes, as well as use of SQL Server 2014 as the Necto operational database and data source for an in-memory model. Necto 14 also allows users of SQL 2014 to add dynamic Infographic visualizations that reflects the “language” of their business.

This announcement of continued support for SQL Server builds on Panorama Software’s long-standing partnership with Microsoft. Panorama has provided out of the box integration with all major Microsoft Business Intelligence technologies since 1996, and the company’s flagship product, Panorama Necto is optimized for the SQL Server Platform, supporting both OLAP and BISM modes.

“We are pleased to announce our continued support for the SQL Server Platform,” says Tomer Paz, Product Manager for Panorama Software. “Customers deploying or migrating to the 2014 edition of SQL Server will enjoy a seamless upgrade experience and be able to use it with Necto 14 to utilize all its great benefits of Infographics Visualizations, suggestive technology, collaborative capabilities in a single governed platform.”

For more information, please visit www.panorama.com.

About Panorama

Panorama is a leader in Business Intelligence 3.0, facilitating the next generation of self-service business intelligence solutions. Panorama’s Necto product is a BI platform which is context aware allowing any type of user to interact intuitively with data within an intelligent collaborative environment. Panorama recently released Necto 14, the market’s first Business Intelligence data discovery solution to offer Infographics for Dynamic Data Visualization.

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For more information contact
Lynn Walks
Marketing Director
Panorama Software
(t) 416-545-0990
(e) lwalks@panorama.com

Businesses turn to collaborative BI to get things done

There are plenty of advantages to employing business intelligence tools in your business, and it can be even more useful when various members of the company can collaborate on projects. Of the many trends evolving around business intelligence, collaborative BI is growing rapidly as more and more enterprises embrace the team approach to data analysis. As the expression goes, two heads are better than one when it comes to putting data analytics to work for a business, as teamwork can allow good ideas to flourish whether choosing which data to use for a given project and how to interpret the analysis.

Interest in collaborative BI grows
Dresner Advisory Services recently released its third annual Wisdom of Crowds® Collaborative Business Intelligence Market Study, and the results made it clear that collaboration is key when it comes to analyzing data with a BI solution. The survey revealed that this aspect of business analytics was important to more than 60 percent of surveyed businesses around the world, according to Midsize Insider.

“… this year there is a rebound in interest in collaborative BI, placing it above such high-profile topics such as big data and social media,” Howard Dresner, the organizations founder and chief research officer, explained. “In addition, we see a much closer alignment between the tools and capabilities that users want and the features and functions that vendors are incorporating into their offerings.”

Harness benefits of collaborative BI
The ability to combine analytics with social applications and crowd-sourcing opens up a world of possibilities for using data to improve operations and strategies. Working with others on a project involving data can make it easier to interpret the information and determine the best way to use the analytics to make changes to current and future projects and operations.

It helps to have a BI solution that makes collaboration easier, and Panorama has software that can satisfy this needs. Necto 14 takes teamwork to the next level by offering options for collaboration along every step of the process from determining what raw data to use to analyzing that information to organizing it with data visualisation. The software allows multiple people to work simultaneously on the same projects, as they can make notes on various infographics, charts and other data and share instantly with their team.

Big data trends that impede business intelligence

While business intelligence is seeing continued growth, the rate of expansion has slowed due largely to the way companies approach big data. The latest Gartner report indicated that business intelligence experienced an average 8 percent growth in 2013 across the globe, but no one saw improvements higher than 12 percent. According to Data Center Dynamics, the limited amount companies and their employees know about big data is a major reason behind the slowed growth of BI.

Lack of know-how
Big data, which encompasses massive swaths of information, can seem intimidating for those unprepared to harness the potential of data analytics. The news provider suggested that part of the reason big data remains such a mystery to some is that they don’t know how to best put it to use for their businesses. This encompasses everything from knowing which data to examine when looking at a specific operation or strategy to analyzing and interpreting sets of information and how they relate to one another.

However, firms can invest in a BI solution like Panorama’s Necto 14 that makes it easier to collect and interpret relevant data. This software can suggest which sets of information may be useful for a particular inquiry, giving users the ability to gain valuable insights regarding various departments and processes.

Too much importance
At the same time as businesses are having trouble harnessing big data correctly, many are also placing far too much emphasis on this large pool of information. The focus tends to fall more on the collection and storage of big data and less on data discovery and analysis, according to Venture Beat. Having all of this information is only useful when it is then analyzed and put to use to improve a business. In many instances, this can be due to the lack of know-how when it comes to using the data effectively. The self-service BI tools available in Necto 14 allow any member of an organization to extract and interpret big data so it can serve to help departments make strategic changes to various policies and operations.

These issues will likely diminish as more companies embrace modern and intuitive business intelligence tools that can help them better harness big data. Inquirer.net reported that new applications and software that focus on making big data more accessible will put the power of data analysis in the hands of more workers.

How do you know if your company is ready for business intelligence?

Companies in virtually any industry can benefit from business intelligence, whether they want to improve their marketing strategies, enhance overall operations or monitor production activity. There is some preparatory work that will need to be done before a firm can start effectively collecting and analyzing data with business intelligence tools.

Analyze your business’s BI readiness 
Smart Data Collective recently surveyed more than 60 chief information officers from U.S.-based small and medium-sized businesses to find out how various companies were using business intelligence. The researchers asked about each company’s current BI platform and usage and calculated their scores on a scale of 0-100, then categorized responses into five categories from lowest to highest levels of BI maturity.

The results showed that 77 percent of respondents were still in the preliminary stages (nascent and low) of BI development. Nascent companies have either made plans to invest in a BI solution or were just beginning to establish methods of collecting big data. For those that fell into the low category, basic data analytics were readily available, but typically only for a select number of departments within a company.

Determine how you could put BI to use
The survey also revealed that one-third of businesses using BI do so to examine data from the past. While examining the details of sales from the previous quarter can provide insight into how well the business did, companies can also monitor real-time data to get more up-to-date information. Panorama’s latest BI software offering, Necto 14, can easily pull the latest information from a database. The ability to see and analyze data in real-time makes it easier for companies to implement changes when strategies may not measure up to expectations.

Make BI available to everyone
Data analysis can have many uses that span across a company’s operations, so it would make sense to use a BI solution that every department can put to use. Logi Analytics reported that since some employees may not be at all familiar with BI tools, such as dashboards and reporting, companies should select software that is accessible to any user regardless of their familiarity with business intelligence. Working with raw data can be overwhelming for people unfamiliar with IT and data analysis. Necto 14 makes it easy for any employee to determine which information they need, and helps them analyze and organize the information into data visualisation through the use of clear, concise infographics.

Panorama Necto Customer Testimonials

Neopharm:

“Panorama Necto is extremely easy to use and with the self service features our users can create their own private views, reports and dashboards and share the information with their teams.”

Necto has enabled us to expose relevant BI data to our major suppliers where they can analyze the data that is relevant to them. The system is extremely intuitive and most of the users go way beyond reading reports – they easily deploy a wide range of features; creating their own reports, views and dashboards

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Company: Ministry of Sport and Tourism of the Republic of Poland

Needs and Requirements:

One of the tasks of the Ministry is to support activities related to sport and tourism through the provision of financial grants. The grant may cover different areas of the office, such as creation of sports stadiums and sports halls, organizing sporting events, etc. Grantsare provided through various funding programs and are carried out by the relevant departments of the Ministry.

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Company: Baltika Breweries

Company Overview

Baltika Breweries has been in production  since 1990 with headquarters in St. Petersburg, Russia. Since then, Baltika has  become the leader of the Russian beer market, the second largest brewery in  Europe, with revenues of more than 2 billion Euros, and conducting business  with more than 60 countries across the globe.

Currently, Baltika Breweries operates 12  breweries, managing over 10,000 employees and covering more than 350,000  points-of-sale throughout its massive logistic network.

Business Challenge

Baltika Breweries was on the rise when it  faced data warehousing challenges after merging with three other Russian  breweries in 2006. The merger led to a sudden influx of information that  presented obstacles in conducting successful data reports to monitor performance.  At first, the company integrated Microsoft SQL Server Analysis Services and  Performance Point as its business intelligence platform for data warehousing  and analysis. Pleased with the benefits of the multidimensional analysis the  platform offered, Baltika embarked on an initiative to find and deploy an easy  to use yet powerful business intelligence solution on top of the platform to  construct a unified BI infrastructure throughout the organization. After  evaluating offerings from SAP, Oracle, Cognos and other BI vendors, Baltika  selected Panorama BI suites for its advanced analytical functionality yet  simple, interactive user interface. With Panorama, Baltika Breweries was able  to improve collaboration for its logistics department across the country, as  well as successfully track key performance indicators (KPIs), which streamlined  the entire company’s productivity.

The holding re-organization that  accompanied Baltika’s merger with three other breweries presented a number of  data warehousing challenges. Because of IT differences between the multiple  breweries that became connected through the merger, Baltika’s process took from  several hours to several days for analysts to receive relevant data just to  create a single report.

As a growing  business, Baltika Breweries needed a solution to help manage its information  system that consists of nearly 10,000 users and a database of over 200  terabytes of corporate data.

Baltika initially integrated Microsoft  business intelligence platform to help operate data warehousing technology  through a vast number of users. In addition to the complete BI platform, from  the most innovative and flexible OLAP engine (Analysis Services) to Reporting  (Reporting Services) and ETL (Integration Services), Baltika also selected the  Microsoft solution for its best total cost of ownership (TCO) and integration  with Office and SharePoint for data distribution – a familiar environment for  the users.

To  provide easy to use, interactive analytical tools to its managers to interact  with the data, Baltika was looking for a solution that would seamlessly  integrate into its current Microsoft-based environment. The company evaluated  solutions from Panorama Software, SAP, Oracle and Cognos.

Solution

Baltika Breweries moved forward with Panorama  BI suite for its ease of use and interactive interface for the business users.  This combination of new self-service BI capabilities fit Baltika’s needs, as it  offered a number of advantages, including extended data visualization, light  web-based environment, and tight integration with Microsoft’s platform.

Baltika quickly integrated these benefits  into its top management level and logistics departments to gain a foothold on  its diverse data warehousing needs. The company is planning to extend the  deployment of Panorama’s BI suite into other departments, such as marketing,  manufacturing, sales and the rest of supply-chain department by 2011.

Results

Consistent view on data throughout the  organization

Baltika’s goal is to use the business  intelligence solution to construct a unified infrastructure for its entire  organization, with the main objective to enable all departments to use the same  setup for BI tools and unified analytics. As the historical development  introduced a number of different individual / departmental views on how to  manage corporate data, Panorama has provided an essential tool to successfully  eliminate these challenges and provide vast self-service capabilities and data  visualization.

Panorama’s easy to use Analytics application  makes it possible to drill down to a very deep level of the data with excellent  performance, and to provide in-depth analysis with in a very short time and in  a secure manner.

Self-Service  Access to Information & Increased Productivity

With Panoram, Baltika Breweries’ executives  have improved their collaboration efforts, especially for the logistics  department that spans across the continent, and has improved business  productivity by more effectively tracking KPIs.

“We started with key performance  indicators–like profit and loss, balance sheets, sales volumes–so managers  can see where the problems are located and can drill down to the primary  document” – said Herman Epstein, CIO of Baltika, in his interview with Forbes.  “When our supply chain vice president organizes meetings for all his plant  directors, for example, they can sit in front of the same screen, the same  reports, and explain what’s going on. If there’s a red light somewhere, the  local manager can open his screen and explain why trends have gone from  positive to negative. We can do that on extremely fresh data.”

Overall, Panorama Business Intelligence suite  has helped Baltika create unified performance metrics for its entire corporate  structure and enabled important business leaders to more easily gain insight to  essential corporate data.

Solution Highlights

  • Integrated disparate BI infrastructure and applications across the  enterprise
  • Standardization on the Microsoft platform while getting the power of  self-service analytics and reporting
  • Rich BI functionality that satisfies the executive’s need for deep  and meaningful interaction with data
  • Self-service access to data for managers across the company to  improve efficiency and agility
  • Reporting time takes minutes instead of days
  • The timely detailed reports  facilitate the flow of information within the company, ensuring consistent  communication across all departments.

Company: Geocartography Knowledge Group

Geocartography changes the rules of the game in the world of organizational business intelligence, thanks to the development of an innovative BI solution on Panorama platforms

Company Overview

Geocartography Knowledge Group, one of the leading research institutions in Israel, has been offering scientific and professional expertise in the following range of divisions and Continue reading

I’m told the future is Social BI (BI 3.0). What about Big Data and the Data Warehouse?

Source: Capgemini

Well, here I am once more trying to take my mind off the English football, penalties and the fact I now need a Big Data solution to determine when we last won a tournament; I knew I shouldn’t have eaten Italian food yesterday afternoon, it was never going to end well…….

BI 3.0 is Social BI

This incremental addition to BI 2.0 adds further functionality for social collaboration, data insight relevancy and end-user self-service capabilities whilst, thus far, seemingly omitting the increasingly important trait of a simplified visual interface and user experience (UX) driven through the global adoption of smart phones and tablets.

In recent months, Gartner has talked about ‘The Consumerization of BI’, Forrester Research in conjunction with Panorama software (who first cited the term BI 3.0) have  identified their interpretation of the 3 key themes of BI 3.0 and, a number of movements in the Agile and Mobile BI market space have taken place (examples being Oracle’s acquisition of Endeca,  Qlikview 11 (Social) launched, the emergence of the visualisation company DOMO and of course Panorama Necto being released).

BI 3.0 has 3 core themes

According to Forrester , the following components are crucial to next generation BI tools:

  1. Social Decision Making – if you try to achieve your goals alone, you will never be able to accomplish as much as with teamwork. BI 3.0 is about enabling users to work together (using social tools) to gain a much higher level of insight.
  2. Automated Relevant Insights – By automatically delivering relevant insights to the users, BI 3.0 eliminates the need of business users to understand the ‘how’ and focus on the ‘why.’
  3. Self-Service – BI 3.0 is designed by business users and for business users. This reduces IT involvement in the day-to-day use, enabling those resources to focus on deployment and administration rather than generating reports, while providing intuitive, easy to use analytical tools to ALL business and management users.

So, BI 3.0 means capabilities to support ‘social-media-like’ collaboration, greater information relevancy to the end-user and, the drive towards the ever elusive self-service Business Intelligence toolset the marketplace has been screaming for over the past decade. Mmmmmm, is that all thats needed really? Sceptical? So am I.

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