REDMOND, Wash., Oct. 29, 1996 — Microsoft Corp. today announced its acquisition of multidimensional Online Analytical Processing (OLAP) technology from Panorama Software Systems of Tel Aviv, Israel. Panorama’s high-performance technology is based on a three-tier multidimensional architecture designed to support online analytical processing, enterprise information systems and decision support applications.
Panorama’s products have the capability to seamlessly integrate data stored in multidimensional databases with data residing in relational databases such as Microsoft
, maximizing performance and scalability,
“said David Vaskevitch, vice president, database and transaction products at Microsoft.” The addition of Panorama’s OLAP multidimensional technology to the Microsoft® BackOffice
family of products will give customers a full suite of products for easy and effective retrieval and analysis of enterprise data. The open interfaces we will create will be of great benefit not only to our customers but to many players in the database business.
The inclusion of multidimensional functionality in Microsoft products will also complement the offerings available through Microsoft’s recently announced Alliance for Data Warehousing. Microsoft is currently working with the alliance members to build the Active Data Warehousing Framework around a common set of interfaces and will deliver this value through the enhancement of Microsoft SQL Server and related products within the Microsoft BackOffice family.
“We are excited that Microsoft has selected Panorama’s OLAP products to complement its leading enterprise applications,”
said Rony Ross, founder and CEO, Panorama Software System, the largest developer and marketer of business intelligence products and services on the Israeli market.
“We look forward to continuing our close association with Microsoft as a leading Solution Provider of OLAP, EIS, decision support and data warehouse applications in the Israeli and European markets.”
Panorama offers a wide range of business services and consulting expertise specializing in efficient OLAP design and storage technologies, analytical user interfaces and hybrid multidimensional/relational OLAP solutions based on client/server architectures.
Founded in 1975, Microsoft (NASDAQ
) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day.
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