PANORAMA SOFTWARE ACHIEVES OVER 200% REVENUE GROWTH IN FIRST HALF OF 2004. Business Intelligence Software Company Continues Momentum; Drives Results for Customers
Panorama Software Exceeds Expectations in First Half of 2004 with over 200% Revenue Growth. Company increases customer and partner roster with signficant globale brands.
TORONTO (PRWEB) September 15, 2004
Panorama Software, a leader in business intelligence (BI) solutions for the Microsoft platform, today announced significant results for the first half of 2004. The company grew revenues by more than 200 percent, increased and diversified its client and partner roster extensively, and launched three new competitive products to the market.
During the six-month period from January through June 2004, Panorama continued its operational growth throughout the Americas, Europe, Middle East, Africa and Asia. The Company continued to grow its customer base and added 80 new customers as well as expanded its partner ecosystem by securing 13 new relationships. PanoramaÂs business intelligence solutions allow more and more companies to identify real-time results. The CompanyÂs newest customers join global brands such as ADP, Altera, BarclayÂs Bank, Phillips Consumer Electronics and Jelly Belly Candy Company.
With the introduction of three new applications in the first half of 2004, Panorama continues to demonstrate its ongoing commitment of delivering customer focused solutions on the Microsoft platform. Panorama Performance Dashboards, Panorama Quick Query and Panorama for Microsoft Reporting Services all extend the value of Microsoft SQL Server 2000 by providing integrated and interoperable BI applications that help companies to make decisions that improve profitability, increase revenues, reduce costs and time to market, and mitigate competitive risks.
Unveiled at the Gartner Business Intelligence 2004 conference in Chicago, Panorama 4.0 extends the value and reach of business intelligence to all users Â making BI a part of everyday operations.
Elements of the Panorama 4.0 launch included several competitive applications:
Panorama Performance Dashboards: Web-based solutions that provide any business user with relevant metrics in an intuitive graphical console. These interactive dashboards present a ÂsnapshotÂ of business health, and provide the necessary tools to analyze performance results Â allowing every decision maker to better understand and improve performance.
Panorama Quick Query: Enables any user to query and generate ad hoc reports through a standard web browser. An intuitive and wizard driven user interface makes it easy to design and author reports using information from a variety of relational and multidimensional data sources.
Panorama for Microsoft Reporting Services: Integrates enterprise reporting and analysis to promote better proactive business insight. Users can create production and management reports using data from multidimensional and relational data sources. Decision makers can easily move from viewing reports to analyzing underlying data.
ÂCompanies are continuously looking for solutions that not only enable them to better understand their business, but leverage the valuable knowledge they already posses to make future decisions,Â said Eynav Azarya, CEO Panorama Software. ÂPanorama consistently differentiates itself by developing innovative solutions for the Microsoft platform that are changing the way people make decisions.Â
About Panorama Software
Panorama Software helps global organizations unlock the hidden value of their information assets to improve business performance and results. Panorama extends the Microsoft Platform through integrated business intelligence and corporate performance management solutions. With Panorama decision makers at all levels and functions can easily analyze data, quickly create and distribute reports, and proactively measure performance. Companies gain a greater understanding of their business and make better decisions. These informed decisions improve profitability, increase revenues, reduce costs and time to market and mitigate competitive risks.
Panorama, a leading innovator of business intelligence solutions, supports customers worldwide in industries such as financial services, manufacturing, healthcare, retail, healthcare, telecommunications and life sciences. Panorama has more than 150 partners in 30 countries, and maintains offices throughout North America and EMEA. More information is available at www. panorama. com.