Palo Open-Source OLAP Cubes now with support for Excel Pivot-Tables

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London, 20 July, 2009: Jedox, an international software company that develops and markets commercial, open source-based planning, analysis and reporting solutions, has announced a new development for its Open-Source OLAP Palo product – the industry’s first free ODBO driver (MDX) in the cost-free download of Palo for Excel.

The new ODBO connectivity allows users to carry out advanced OLAP-based Pivot Table queries in Excel without the need for expensive licenses for Microsoft SQL Server Analysis Services. While Pivot tables in Excel are read-only, Palo users will have the option to writeback values from Excel directly to Palo’s OLAP cubes.

“With Microsoft’s recent announcement of the end of PerformancePoint Planning, this is a great opportunity for users looking for an inexpensive but powerful centralised planning application utilising the familiar Excel user interface. By adding a writeback facility, Palo becomes an interesting choice for server- and Excel based planning applications in the mid-market space. “Excel plus Palo” provides all the advantages of a centralised BI solution without the cost and time,” explains Jedox CEO and Founder, Kristian Raue.

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About Jedox:

Jedox, founded by Kristian Raue in 2002, is one of the world’s leading suppliers of Open Source-based Business Intelligence and corporate performance management solutions. Jedox’ core product, Palo, accommodates the entire range of BI requirements including planning, reporting and analysis. Twenty per cent of DAX 30 companies and many other organizations in Germany and abroad have implemented Jedox solutions including well-known companies such as Quelle, Clariant Switzerland and Nycomed Germany. Internationalization and diversification in the field of Commercial Open Source Software are main objectives for continued growth. The company employs 60 people at its headquarters in Freiburg, Germany. Visit www.jedox.com.

Jedox and Palo are trademarks or registered trademarks of Jedox AG. Microsoft and Microsoft Excel are trademarks or registered trademarks of the Microsoft Corp. All other trademarks are property of their respective companies. ©2002-2009 by Jedox.