Latest in-memory BI hits Australia

By Nathan Dukes

The latest technology in open source business intelligence has hit Australia’s shores, and the software is expected to make waves in the Australian market.

Palo, developed by Jedox, is being showcased for the first time in Australia this March, with a number of events being held across the country in 2010 as part of the Palo Roadshow.

Palo is the leading in-memory OLAP open source solution for planning and forecasting with native connectors to major ERP systems, including SAP.

The solution allows for the seamless movement of data between Palo and the ERP to ensure consistency, accuracy and traceability of the numbers.

Jedox will host the events in association with Australian implementation partner, Naked Data.

The events will give customers a taste of the latest award winning Palo Business Intelligence Suite.

Chris Mentor, Director at Naked Data, said the Roadshow will demonstrate how far open source has some.

“Open source has moved beyond backend servers and into fully fledged enterprise applications. It is a way of saying that Palo has well and truly arrived in Australia. Leading organisations adopting Palo will deliver real life user stories demonstrating Palo’s effectiveness in the Australian business environment.”

As an indication of the scope of open source, Gartner predicts by 2011 at least 80{db8ca4bbfe57dc8f9b6df9233a3a6c04f4968125edf9bb330d4f787c3a87cd09} of all commercial software solutions will include elements of open source.

Nigel Pendse, author of the OLAP Report noted at the recent Palo Open in Germany that large providers are overly concerned with integrating their many new acquisitions.

Pendse advised corporate BI users to choose the best products on the market, which Naked Data says are offered by smaller providers such as Jedox.

“With Palo we deliver a lot more value to our clients for a lot less money than traditional BI proprietary software,” stated Mr Mentor.

“Our consultants also find it easier to implement and support because it is not a cobbled-together hodge podge of different products. Open source Palo de-risks a project by dramatically lowering the overall project cost. This takes pressure off the project and allows the client to truly realise their BI vision.”

A recent Forrester survey found 87{db8ca4bbfe57dc8f9b6df9233a3a6c04f4968125edf9bb330d4f787c3a87cd09} of respondents realised the cost savings expected from open source and 92 {db8ca4bbfe57dc8f9b6df9233a3a6c04f4968125edf9bb330d4f787c3a87cd09} had quality expectations met or exceeded by open-source software.

Leave a Reply