Altosoft Introduces Altosoft Insight 3.0, Unveiling New Reporting Module, New Process Analysis Features, and Industry's First Second-Generation In-Memory Business Intelligence Architecture.

Altosoft Cuts Implementation Timeframes for Enterprise BI from Months to Days

NEWTOWN SQUARE, Pa. -- Altosoft, an innovative 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. 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."

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."

Specific major enhancements available in Altosoft Insight 3.0 include:

* Insight Reports. In Insight 3.0, Altosoft releases a completely new, web-based reporting module, Insight Reports. This new module is designed to support end-user driven report development. Based on user- and role-based permissions, individuals can create, customize, modify, and publish reports, leveraging Altosoft's high performance, low-latency BI architecture. Report development is browser-based with dynamic, intuitive, drag-and-drop design experience, leveraging the same AJAX technology used in Altosoft's unique web-based dashboard development application. Like all Altosoft solutions, Insight Reports is 100% codeless - no SQL or any other coding or scripting is required. Insight Reports features powerful scoping and filtering capability, so information presented in all reports is automatically personalized based on user role and data access privileges. Users can create and maintain individual libraries of reports; schedule reports for publication; share reports; and publish reports or books of reports automatically using server-based Adobe .pdf generation.

* Process Compliance Analysis. In Insight 3.0, Altosoft extends its existing industry-leading support for process analytics with new, advanced capabilities for process compliance monitoring. Traditional BI interprets and analyzes data as a series of individual records, but doesn't understand the sequential and correlative relationships between those records in the context of a business process. Altosoft's event-based approach to BI incorporates a unique process state engine that is capable of tracking the status of any running business process instance, even if that process is being managed across multiple operational systems. This native understanding of process state, lacking in other BI solutions, enables Altosoft to deliver comprehensive process and process quality metrics. With Insight 3.0, Altosoft extends the capability of its process state engine to support monitoring of complex processes, including looping, branching, exceptions, and other ad hoc behaviors. Effectively, this enables Altosoft to monitor even relatively undefined and unstructured business processes for compliance and quality. If processes or individual process instances encounter difficulty, exception notifications can be delivered immediately to business managers based on user-defined rules.

* In-Memory Architecture. In Insight 3.0, Altosoft delivers a redesigned high-speed, 64-bit in-memory calculation engine for data aggregation, transformation, and optimization as a core component of product architecture. This new engine leverages unique, proprietary Altosoft technology for optimized performance. Specifically, cache accelerators accelerate complex operations like multi-source outer joins with intelligent calculation and compression algorithms for optimized memory management. In addition, analytics-oriented optimization and smart aggregation technology enables Altosoft Insight to intelligently optimize in-memory data structures based on requirements for downstream KPI delivery. Unlike first generation in-memory BI systems that offer high performance analytics but are essentially disconnected from source data and only support infrequent batch updates, Altosoft's second generation in-memory architecture enables dynamic updates directly from operational data sources. Even in the most complex environments, where very large amounts of data from multiple sources must be joined, Altosoft can offer real time performance with minimal load on operational systems. This unique second-generation in-memory BI architecture enables Altosoft to eliminate requirements for data warehouse development normally associated with enterprise BI implementations. In environments where an existing warehouse is available as a data source, Altosoft can support dashboard monitoring, analytics, and reporting on warehoused data, while also delivering the ability to seamlessly join and analyze that data with information residing outside the warehouse environment.

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About Altosoft:

Altosoft delivers cutting edge business intelligence (BI) solutions that eliminate the cost and complexity of conventional BI while delivering advanced functionality for operational performance improvement. Altosoft's revolutionary, 100% codeless BI platform features ultra low-latency data monitoring and analysis across operational databases, warehouses, and other data sources; integrates real-time event monitoring and business process optimization; and enables dashboard development in minutes with a unique browser-based, drag-and-drop interface. A typical Altosoft solution is implemented in one tenth the time and at less than one half the cost of traditional BI approaches. Headquartered in Newtown Square, Pennsylvania, Altosoft delivers solutions for commercial and government organizations worldwide. For more information, please visit www.altosoft.com.