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Aleri Live OLAP 5.0 Delivers The First True Real-Time, Multi-Dimensional Analysis of Dynamic Data.


Aleri Live OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information.  is an Extension of Aleri's Complex Event Processing Complex Event Processing, or CEP, is a technology for building and managing event-driven information systems. CEP is primarily an event processing concept that deals with the task of processing multiple events from an event cloud with the goal of identifying the meaningful  Platform

CHICAGO -- Aleri Inc., a leading provider of enterprise-class complex event processing (CEP CEP congenital erythropoietic porphyria.

CEP
abbr.
congenital erythropoietic porphyria
) technology, today announced the latest version of Aleri Live OLAP. Taking CEP one step further, Aleri Live OLAP allows users to interactively analyze multi-dimensional data sets that are live - where the underlying data is continuously updated by the Aleri CEP engine.

"Traditional data analysis or Business Intelligence (BI) tools are designed for analyzing historical data. They aren't designed to work with data that's current and constantly changing," said Jeff Wootton, vice president of product development at Aleri. "That's not the case with Aleri Live OLAP, where users can interactively analyze live data using multi-dimensional data analysis tools."

Aleri is the only CEP vendor to complement CEP technology with real-time OLAP capabilities. While many CEP products integrate with databases for historical capture of event data, the ability to perform multi-dimensional analysis against live data sets has not been available. One area where this technology is receiving particular interest is portfolio analysis and risk management: while the CEP engine is used to perform real-time position keeping, portfolio valuation and risk aggregation, the Live OLAP tools are used to analyze positions and exposures across different dimensions - in real-time.

The Aleri Live OLAP engine collects streaming data Data that is structured and processed in a continuous flow, such as digital audio and video. See streaming audio and streaming video.  from Aleri's CEP platform and applies a dimensional hierarchy defined via the Aleri OLAP Studio. Aleri Live OLPA OLPA Office of Legislative and Public Affairs
OLPA Office of Legislative Policy and Analysis
OLPA Olmsted Linear Park Alliance
OLPA Oregon Livestock Producers Association
OLPA Office of Legislative Policy Analysis
OLPA Omaha Legal Professionals Association
 differs from traditional OLAP in that it does not rely on pre-aggregation. Aleri's virtual cube technology allows users to analyze up-to-the-second, live data in real-time allowing for the creation of customized, dynamic reports based on multiple dimension aggregation. Additionally, with Aleri's virtual cube technology, users can analyze data across unlimited dimensions, which is hard and expensive to do with traditional OLAP.

Aleri Live OLAP is a distributed OLAP service that can support a variety of desktop analysis reporting tools. Off the shelf tools, including Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world.

Latest version: Excel 97, as of 1997-01-14.
, are supported via the built-in ODBO ODBO OLE DB for OLAP  interface for MDX (MultiDimensional EXpressions) A multidimensional query language. MDX uses syntax similar to SQL, but whereas SQL is used to query relational tables, MDX is used to query multidimensional cubes (OLAP databases). See SQL and OLAP.  queries. Alternatively, custom browser-based query screens can be defined using the Query Screen Development Kit that is included with the product.

About Aleri

Aleri is a leading provider of enterprise-class complex event processing (CEP) technology for financial institutions and beyond. Aleri's CEP Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency (1) The time between initiating a request in the computer and receiving the answer. Data latency may refer to the time between a query and the results arriving at the screen or the time between initiating a transaction that modifies one or more databases and its completion. , Aleri's event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage.

Aleri is the first to develop and deploy commercial enterprise-class applications built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world, and the Aleri Market Liquidity Analysis engine, which consolidates multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.

Aleri is a global company headquartered in Chicago with offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, New Jersey, London, and Paris. For more information, visit www.aleri.com.
COPYRIGHT 2008 Business Wire
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:May 27, 2008
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