Panorama Software Expands International Footprint In Asia Pacific

August 7, 2007; 03:17 AM
Panorama Software, a global leader in Proactive Business Intelligence (PBI) solutions, announced it has entered into a new partnership agreement with OCT International, a full-service IT consulting firm in Japan focused exclusively on providing solutions for Microsoft SQL Server and SAP NetWeaver platforms. Together, the companies will offer Panorama NovaView, the Company's flagship BI application, as well as comprehensive expertise for Business Intelligence to the Japanese market. OCT International will act as the master distributor of Panorama NovaView in Japan .

"Less than 25 percent of companies in Japan use BI in comparison to businesses in the United States ," said Gil Nizri, Managing Director APAC and EMEA, Panorama Software. "Industry analysts predict the Japanese BI market is expected to grow to $270 million by 2008, and Panorama believes our partnership with OCT International will enable both companies to capture a substantial portion of the BI market in Japan and constitute a market share of 9 percent over the next two years."

Panorama NovaView, a complete and fully integrated proactive BI solution, is now generally available to the Japanese business community and vertical markets, including retail, financial services, telecommunications, communications and media, manufacturing and government sectors.

"The Japanese market is the largest SAP BW market in APAC, and OCT International is looking to provide this market on-demand Business Intelligence software," said Yuji Soeda, CEO, OCT International. "We are pleased to partner with Panorama Software because of its extensive experience and innovation of strategic BI technology. More specifically, Panorama NovaView for SAP NetWeaver BI offers Japanese enterprises what they want and need-a complete and integrated web-based BI solution."

Panorama NovaView for SAP NetWeaver BI focuses on simplifying the user experience by extending the reach of SAP NetWeaver BI and SAP BEx to empower business users to create their own reports, interact with data and collaborate in a unique and intuitive way.

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 and Microsoft. 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 OCT International

OCT International is a leading IT solution provider in Japan . Some of OCT's customers include Softbank Group, Pioneer Group, NS Solutions Corporation (a subsidiary of Nippon Steel Corporation), IMJ Group and CANON Group. For more information about OCT International, please visit www.oct-j.com.