Panorama Software, a global provider in proactive business intelligence solutions, recently released NovaView Version 5.5, the newest iteration of its flagship suite of BI applications. Along with its other improvements, NovaView 5.5 breaks new and exciting ground by offering a hybrid on–premises/SaaS capability, enabling large enterprises to retain their data warehouse in–house while still using the power of cloud computing to collaborate on BI data and significantly enhance the BI experience with Web 2.0 functionality.

NovaView 5.5’s new hybrid architecture is made possible through its integration with Panorama’s recently–announced PowerApps analytical platform. This advanced SaaS (Software as a Service) capability lets NovaView users analyze desired portions of enterprise data through the Web while combining the data with other complimentary, Web–based public data sources. The capability also supports advanced collaboration functionality between users inside and outside the firewall. As a result, NovaView 5.5 is the best alternative yet for larger companies desiring greater insights and collaborative capabilities.

“First and foremost, our mission is to enable large enterprises to fully leverage their investment in BI,” said Eynav Azarya, CEO of Panorama Software. “By creating a hybrid solution that respects a company’s investment in its BI data and platforms, yet also delivers the full power of Web 2.0 through SaaS, NovaView 5.5 lets information workers share, collaborate and gain new insights around their business data.”

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.