Pentaho Extends the Benefits of Open Source BI
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Mondrian 3.0 Enables More Companies to Securely and Interactively Analyze Very Large Datasets – With Greater Flexibility and at Lower CostsOrlando, FL – May 5, 2008 – Pentaho, the commercial open source alternative for business intelligence (BI), today announced the availability of Mondrian 3.0, the latest release of the company’s popular OLAP server, a key component of the Pentaho Open BI Suite. With enhanced analytics and other features, including cell-level security and aggregate role support, Pentaho now lets more companies in more markets take advantage of the flexibility, agility and cost benefits of commercial open source business intelligence. The enhanced analytic functions can be used by organizations in a variety of industries. For example, the new percentile calculation lets a sales manager looking at high-volume customers immediately see the percentile that the customer falls into based on sales volume. The same function can be used by financial services firms to better understand branch profitability and by governmental organizations to measure local agency performance or aggregated citizen demographics. Another new function, the Net Present Value calculation, lets users weigh the long-term cost or value of certain investments based on the investment period and expected rate of return. “Companies around the world have experienced business benefits from using commercial open source solutions in other areas, and Ventana’s research shows that organizations have been moving aggressively to obtain similar benefits for business intelligence,” said David Stodder, VP and research director - Information Management and IT Performance Management at Ventana Research. “Pentaho Open BI Suite is a leading open source BI solution. With the breadth of analytics capabilities and new security features delivered in the latest release of Mondrian, Pentaho has significantly broadened the types of OLAP applications that can be supported. The new release should increase interest in commercial open source BI over the coming months.” Leading organizations use Mondrian to address a wide range of strategic business problems. For example, Frontier Airlines, a major North American airline, uses Pentaho's open source OLAP technology to analyze more than four years of ticket sales information stored at the individual ticket level. Finance and operations staff at Loma Linda University Health Care, the management service organization that supports the many programs and services provided by more than 600 faculty physicians employed by Loma Linda University professional corporations, use Mondrian to analyze service delivery and billing by a number of business "dimensions," including time periods, billing groups, providers, and more. Key New Features of Mondrian 3.0For detailed information on these features and many other new features, visit www.pentaho.com.
“Our commercial success and the response of our customers demonstrates that Pentaho is increasingly viewed as the superior alternative to inflexible proprietary BI solutions that can never respond to evolving market needs,” said Richard Daley, founder and CEO of Pentaho. “Our product is advancing with incredible speed, and our momentum in the market will be further fueled by current economic conditions that make solid business intelligence more vital than ever before, even as companies have less money to spend on it. With our customer-friendly business model, Pentaho is becoming the BI vendor of choice.” AvailabilityMondrian 3.0, both standalone and integrated with the Pentaho Open BI Suite, is available immediately at www.pentaho.com/download/. Subscription services, including support, certified versions, and IP indemnification for Mondrian 3.0, are available immediately. For more details, see www.pentaho.com/subscriptions/. Professional training for Mondrian 3.0 is available immediately. For training information, please see www.pentaho.com/services/training. About Pentaho CorporationPentaho Corporation is the commercial open source alternative for Business Intelligence (BI). Pentaho Open BI Suite provides comprehensive reporting, OLAP analysis, dashboards, data integration, data mining and a BI platform that have made it the world's leading and most widely deployed open source BI suite. Pentaho's commercial open source business model eliminates software license fees, providing support, services, and product enhancements via an annual subscription. In the years since Pentaho's inception as the pioneer in commercial open source BI, Pentaho's products have been downloaded more than three million times, with production deployments at companies ranging from small organizations to The Global 2000. For more information, visit www.pentaho.com. Press ContactEastwick Communications on behalf of Pentaho Corporation: Erin Mccabe 650-480-4016 emccabe@eastwick.com |