AppSource announce next generation Business Intelligence OLAP solution; WIRED for OLAP launched.
ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 10, 1995--AppSource Corp. announced the release of WIRED for 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. (tm) Tuesday together with the first customers to roll out the new software and backing from key industry partners; including IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Borland, and Arbor Software See Hyperion. .
WIRED for OLAP takes a fresh approach in meeting the needs of Fortune 2000 corporations for enterprise-wide Business Intelligence solutions. WIRED for OLAP enables corporations to get their data out of jail and give executives, managers, and knowledge workers the power to leverage information fully to gain a competitive edge.
Advanced Business Intelligence Features
The new product set incorporates a range of advanced Business Intelligence functions geared toward a range of different types of user -- from the knowledge worker right through to the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Powerful, yet easy to use, analysis and display features include drill-anywhere multidimensional mul·ti·di·men·sion·al
Of, relating to, or having several dimensions.
multi·di·men reports and charts, ad-hoc analysis, exception reporting, saved views, cube navigator, corporate reports, groupware Software that supports multiple users working on related tasks in local and remote networks. Also called "collaborative software," groupware is an evolving concept that is more than just multiuser software which allows access to the same data. integration, and links to external systems. Applications for the new software include the analysis of key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. , sales, products, markets, and financials.
The first companies to adopt the new technology include retailers PriceCostco, The Sports Authority Sports Authority is the USA's largest full line sporting goods retailer. The company is headquartered in Englewood, Colorado. It operates over 400 stores in 45 U.S. states under the Sports Authority name. Total sales for the fiscal year ending January 29 2005 were $2.44 billion. , and world-leading waterjet manufacturer Flow International Corp. Ron Tarrant, president and chief executive officer of Flow, recently named Northwest Entrepreneur of the Year, said: "We're a world class company with world class products. We certainly were not going to accept anything less than a world class Business Intelligence system."
Darin Stoddard, IS manager at Flow, added: "Flow continues to grow very rapidly, particularly through acquisition. That places special demands on our information systems to provide ultra-high flexibility. Our existing systems really only gave us a way of looking out of the rear-view mirror rear-view mirror
a mirror on a motor vehicle enabling the driver to see the traffic behind
rear-view mirror rear n (Aut) → rétroviseur m
. We needed a solution that also enabled us to focus on the road ahead. WIRED delivers the power and flexibility we need; the interface and usability features are definitely well ahead of the rest of the market. It's a true enterprise Business Intelligence system that's able to deliver benefits to both executives and analysts.
"We also liked that WIRED is a non-proprietary solution built using Delphi; it's mainstream, it's open, and it's something we know we can continue to build upon and grow in the future, whatever happens. The benefits that AppSource have in being able to focus exclusively on highend feature/function specific to Business Intelligence -- and not having to build and maintain a proprietary tool -- enabled us to benefit from the ultimate high-end power and functionality at a much lower cost. On top of all of that, we're very impressed with the whole approach, experience, and industry-specific understanding that AppSource brings to the table."
Multidimensional Analysis In statistics, econometrics, and related fields, multidimensional analysis is a data analysis process that groups data into two basic categories: data dimensions and measurements.
OLAP (OnLine Analytical Processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. ) is a type of multidimensional analysis winning widespread acceptance as a means of analyzing corporate data. "It's most simply described as the ability to view business information by any combination of other business information, slice and dice Refers to rearranging data so that it can be viewed from different perspectives. The term is typically used with OLAP databases that present information to the user in the form of multidimensional cubes similar to a 3D spreadsheet. See OLAP. information, and drill anywhere," said Adrian Marshall, Market Response executive at AppSource, "It lets people visualize and analyze data in a more natural, more useful, and more effective way."
WIRED for OLAP(tm) delivers powerful OLAP capabilities on the desktop together with patented value-added features to make them easy and productive to use. WIRED runs against OLAP databases, including Arbor Software's Essbase OLAP Analysis Server, Hoskyns AMIS A·mis , Kingsley 1922-1995.
British writer best known for his novels, including Lucky Jim (1954) and Jake's Thing (1978). , and systems based on relational databases relational database
Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. , such as JD Edwards See J.D. Edwards. , for which AppSource have developed a Multidimensional Meta Data Layer.
Adrian Marshall explained that, "These layers translate OLAP information requests into a series of relational queries based on a built-in knowledge of the relational structures and how to perform the additional consolidation, matching, and reformatting of the data necessary to answer the information request."
Open, Mainstream, Technologies
AppSource have also taken a fresh approach behind the scenes, using mainstream development tools and technologies to build WIRED. "Until now users had two choices; either use an expensive and difficult to maintain proprietary tool targeted at Business Intelligence users, or try to build from scratch using open and more future-proof mainstream tools," said Richard Daley Richard Daley may refer to:
"By focusing exclusively on high-end Business Intelligence specific functions and delivering these as open modules and components in Borland's Delphi, we're offering a new alternative and one which we believe is greatly superior; it offers much more value, delivers advanced Business Intelligence right out of the box, and avoids the risks inherent in both traditional approaches. In a nutshell, it's the best of both worlds."
AppSource has announced partnerships with IBM, Borland, and Arbor Software. Doug Mack, AS/400 Client/Server Consultant at IBM, said: "WIRED gives AS/400 customers exactly what they are looking for Looking for
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. -- the desktop power to unleash their operational data. AppSource's industry specific solutions and ability to easily interface to both relational and OLAP databases on AS/400 servers provide a real nice data warehouse/data mart solution."
Richard Gorman, vice president of Products for Borland International, commented that: "AppSource has really proved out the advantages of Delphi as a powerful next-generation development environment and its suitability for full-blown commercial application product development. We are extremely pleased with how AppSource has leveraged Delphi to develop WIRED for OLAP."
Kirk Cruikshank, vice president of Marketing for Arbor Software, added that "This technology really leverages the analytical power of the Essbase multidimensional engine."
Additional Vertical Market Analysis Types
An array of add-on industry-specific analysis types, modules, and pre-built data models are planned, with two vertical market editions being announced today with immediate availability; WIRED for OLAP - Retail includes a pre-built Essbase model and analysis types for Category Management, Price Sensitivity Analysis, Store Performance, and Geographical Analysis.
WIRED for OLAP - Health, a joint development with IBM who will market the product as Exec/IS, is targeted at hospitals and includes an ODBC-compliant relational database model with links to hospital information systems and analysis modules for Census, Patient Demographics, Physician Information, Case Mix, and Financial Class.
Pricing and Availability
WIRED for OLAP is available now, running against Essbase, priced at $295 per user. WIRED for OLAP: Retail, available now, is priced from $48,500 for 25 users and includes on OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and version of Essbase and pre-built Essbase model. WIRED for OLAP: Health, also available now; software is priced from $20,000 to $75,000 depending on hospital size and includes a pre-built database model and links to mainstream hospital information systems.
WIRED for OLAP variants running against JD Edwards and Hoskyns AMIS will be generally available in December, with pricing to be determined. WIRED for OLAP will make its event debut at Arbor Software Corp.'s International User Conference in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden Oct. 16.
About AppSource Corp.
AppSource Corp., headquartered in Orlando, is focused on providing advanced application products and componentware in the high growth Business Intelligence/OLAP market, driven by the needs of Fortune 2000 corporations to gain simplified, value-added access and analysis of business information. Recently formed by an experienced team of Executive Information and Decision Support specialists, AppSource leverages mainstream technologies to develop products which offer better feature/function and much greater value than traditional vendors in this market with proprietary development tools. -0-
Business Editors: Screen-shots, user interviews, partner interviews, and additional materials relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc the software applications described are available for immediate electronic or courier delivery to your specifications on request. AppSource appreciates your interest in our company and our products. For more information contact Adrian Marshall at AppSource Corp. on 407/888-8050.
CONTACT: AppSource Corp., Orlando
Adrian Marshall, 407/888-8050