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Panorama and Alchemex join analytics as a service rush

Google's Analytics Gadget can automatically extract and summarise data into a pivot table and is a great way to construct online performance charts. Developed by Panorama Software, the tool comes from the same company that created the OLAP tools that power Microsoft's SQL Server Analysis Services module.

"Now we are building the next generation of OLAP solutions for the new era of Cloud computing," said Panorama CEO Eynav Azarya in June 2008. Google is effectively an online showcase for Panaorama's PowerApps - what the company claims to be the first  "Analytics as a Service" platform into which third party developers will be able to plug their business intelligence tools. In time, it will be able to accept and process
any Multidimensional Expression (MDX) data source, Panorama said.

It is also considering offering online analytics to
desktop accounting software users for a small, monthly
subscription fee.

Offering the system free to Google Docs users is the first step in new strategy to extend the technology to other web-hosted applications such as SAP, Salesforce.com and NetSuite that will generate bigger, suggested the OLAP Report's Nigel
Pendse
.

Also in development is an Excel-based reporting service from Alchemex. The South African developer recently promised that it would have a beta test version ready by the end of the year. "We are demystifying business intelligence. It’s very simple, and it’s available to everybody," commented Alchemex managing director Gary Boddington.

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