News Archives

Panorama Software Leads Proactive Business Intelligence Charge on the Pega Exchange

Panorama Collaborates with Pegasystems to Enhance Industry-leading Proactive Business Intelligence Offering

Toronto, Ontario – June 5, 2007 – Panorama Software, a global leader in Proactive Business Intelligence (PBI) solutions, today announced it has joined the Pega Exchange from Pegasystems Inc. (NASDAQ: PEGA), the industry leader in business process management (BPM).  Partnering with Pegasystems will enable Panorama to create and share intellectual property built on Pegasystems’ leading SmartBPM® platform. Moreover, the relationship enables Panorama to evolve its industry-leading Proactive Business Intelligence initiative while demonstrating Panorama’s leadership and innovation in PBI.

“We are proud to collaborate with Pegasystems, a recognized technology innovator and industry expert in business process management solutions,” said Mike Delgado, Vice President Alliances North America, Panorama Software.  “Panorama has made a strategic bet on our Proactive BI initiative. PBI ties BI to business processes and workflow, initiating structured actions based on BI insights as well as smart process automation. This strategic collaboration with Pegasystems enables us to leverage each other’s enterprise expertise to provide customers a new platform that helps them realize the full value of PBI through our flagship solution, Panorama NovaView.  Together, we are defining a new way for companies to better manage their business.  This next generation of solutions will make BI truly actionable and automate routine processes.   This agreement with Pegasystems is only one of many upcoming strategic relationships Panorama will leverage to expand our PBI footprint.”

As the first BI independent software vendor (ISV) to join the Pega Exchange, Panorama Software gains further exposure to Pegasystems’ sophisticated customer base, while also enhancing its BI offerings to its existing global customer base.

“We are proud to have Panorama Software be part of the Pega Exchange, and expand our ecosystems through our individual and collective expertise,” said Ben Frenkel, Strategic Business Development, Pegasystems Inc. “The decision to collaborate with Panorama was simple. Their vision to enrich customers’ business, combined with their reputation as innovators in the market, is closely aligned to ours, and I am confident that through the Pega Exchange we can offer a new generation of PBI and BPM to new and existing customers.”

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 (NYSE: SAP) and Microsoft (NASDAQ: MSFT).   Panorama NovaView allows end users 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 Pegasystems Inc.
Pegasystems Inc. (NASDAQ: PEGA) provides software to automate complex, changing business processes. Pegasystems, the leader in unified process and rules technology, gives business people and IT departments the ability to use best processes across the enterprise and outperform their competition.

Our new class of Business Process Management (BPM) technology makes enterprise systems easy to use and easy to change. By automating policy manuals, system specifications and lines of manual coding with dynamically responsive updates, Pegasystems powers the world's most sophisticated organizations to Build for Change(R).

Pegasystems' award-winning, standards-based BPM suite is complemented with best-practice solution frameworks to help leaders in the financial services, insurance, healthcare, life sciences, government and other markets drive growth and productivity.

Headquartered in Cambridge, Mass., Pegasystems has regional offices in North America, Europe and the Pacific Rim. For more information, visit www.pega.com.

 

*All cited names and/or trademarks are the property of their respective owners.

Panorama NovaView® and the Panorama logo are trademarks or registered trademarks of Panorama Software Ltd. All other company, product or brand names are the trademarks or the registered trademarks of their respective companies. Panorama Software Ltd. is not responsible for errors or omissions. Copyright 2006 Panorama Software Ltd. All rights reserved.