Jedox Unveils Next Evolution Of Palo: Palo BI Suite 3.0

Demand for robust and flexible Business Intelligence (BI) fuels Jedox momentum in the US.
FREIBURG — (04/29/2009) — Jedox, an international software company that develops and markets commercial, open source-based planning, analysis and reporting solutions, today announced the availability of Palo BI Suite 3.0, a complete in-memory based corporate performance management solution that enables a ‘single version of truth’ for data-driven enterprises, business divisions and the open source community. Available as a community or enterprise version, Palo BI Suite 3.0 is now also available on Amazon EC2, making it the first BI solution to fully operate on a cloud.

Palo BI Suite 3.0 According to Gartner Group, by 2012, more than 35 per cent of the top 5,000 global companies will “regularly fail to make insightful decisions about significant changes in their business and markets,” because of lack of information, processes, and tools. These findings coincide with greater demand for solutions delivered via software-as-a-service (SaaS) models that offer flexibility and cost-effectiveness to customers.