Altosoft Releases Second-Gen BI Architecture for Web-Based Real Time Reporting

04/02/2008

Altosoft, a provider of business intelligence (BI) solutions, today announced the release of Altosoft Insight 3.0, which includes major new capabilities including a complete web-based reporting module, new process analysis features, and the industry’s only second-generation in-memory BI architecture.

ebizQ received the following:

Altosoft Insight 3.0 shatters the limitations of ordinary BI by revolutionizing and accelerating the normal process of BI solution development while simultaneously delivering advanced features that enable organizations to easily extend their BI infrastructure to directly support real-time business operations.

“Many people are asking where the innovation in the BI area comes from. One answer to that question is ease of use,” said Kurt Schlegel, Research Director, Gartner. “Despite the success of BI in many organizations, most users find BI difficult to consume. Moreover, most IT organizations are overwhelmed with BI requests to meet business requirements. In both cases, there is a need to make analytical applications easier to build and consume, to overcome this skills gap.”

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In Insight 3.0, Altosoft extends its leadership in ease-of-implementation and ease-of-use. Altosoft adds an intuitive, web-based reporting module, Insight Reports. The addition of Insight Reports enables Altosoft to deliver a comprehensive, fully integrated, enterprise BI platform, including reporting; dynamic, personalized dashboards; powerful analytics; and KPI-based scorecards.

Altosoft also goes beyond ordinary BI by adding advanced operational capabilities including real-time complex event processing (CEP), process analytics, incident management, operational forecasting, and more. Together, these enable Altosoft customers to operationalize business intelligence capabilities by broadening the range of BI consumers from traditional analyst roles all the way to operational managers and employees, where there are typically more users, more decisions, and a requirement for lower-latency data. In Insight 3.0, these advanced capabilities have been augmented with powerful new features for monitoring and analyzing complex process flows – making Insight 3.0 ideally suited for compliance applications.

Also in Insight 3.0, Altosoft extends its use of in-memory technology with the addition of a powerful new calculation engine for in-memory data aggregation, transformation, and optimization. This unique second-generation in-memory BI architecture enables Altosoft to eliminate requirements for data warehouse development normally associated with enterprise BI implementations. By combining this efficiency with Altosoft’s revolutionary 100% codeless development, Altosoft Insight is typically implemented and deployed in less than a tenth the time and a fraction of the cost of other BI products. That means that delivery of enterprise BI solutions can now be measured in days, rather than months or even years required by traditional vendors.

“Altosoft Insight 3.0 is a complete, enterprise BI platform that can be easily deployed without the high implementation and infrastructure costs normally associated with other business intelligence solutions,” said Scott Optiz, CEO of Altosoft Corporation. “Because Altosoft enables direct access to source data without any loss of performance, the ETL and data warehouse components of traditional BI architecture are not required in an Altosoft solution. Not only does this represent a significant cost-savings for our customers, but it also eliminates the major architectural bottlenecks to low-latency, high performance BI.”

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