New Version of Palo 3.2 with High Performance and Increased Usability

Jedox AG Announces Palo Suite 3.2 with Revolutionary New GPU Technology

(PresseBox) (Freiburg im Breisgau, ) Jedox AG is pleased to announce that as of today, our new 3.2 version of the Palo Suite is available for download from the Jedox website www.jedox.com.

With this new release Jedox has further improved fast In-Memory-Technology for OLAP databases with another significant boost in performance. In addition, numerous new features have been introduced with the new 3.2 version, further improving Palo’s ease-of-use and functionality and the overall user experience.

Included in this release is the GPU version of Palo that enables extraordinary performance with its innovative Palo OLAP Accelerator for multi-dimensional data analysis. The OLAP Accelerator uses one or more Nvidia GPU graphics cards as a calculation engine, instead of only CPU processors. This allows data queries to be 20 to 30 times faster than when using ordinary CPU-based processing as with other OLAP databases. After 6 months of Beta testing, including tests with several key customers, Jedox is convinced that this technology, which is applied for the first time ever in the OLAP world, will revolutionize the Business Intelligence market, and will enable many new opportunities and applications in the field of planning, analysis and reporting.

Performance increase from 15 minutes to a few seconds for the DEHA Gruppe

One of the first customers to test the 3.2 GPU version was the DEHA Group. This trading company markets a large line of goods including over 2.7 million items from a wide range of different electrical manufacturers. DEHA Group was able to reduce queries on its Oracle data warehouse from 15 minutes down to a few seconds with Palo GPU. Holger Schleicher, Head of IT for DEHA Gruppe, explains the business benefit of this significant speed increase: “Our buying agents can now calculate margins of certain items in real-time during sales calls with our suppliers, and are able to identify gross sale discounts for the supplier during the same phone call. This gives us a strong position for negotiation and saves a lot of time!”

Improved usability

Leaving the GPU version aside, a key focus of the new release was to achieve even better usability. Matthias Krämer, Head of Technology for Jedox AG explains: “Of key importance for the new 3.2 release was to maintain our high level of usability, while also improving the level of performance. In addition to GPU-based speed increases, we also improved the speed and stability of the CPU version and added several new functions as well. For example, our enhanced web reporting capabilities which now makes Palo even more capable of addressing daily reporting requirements.”
The Palo GPU version is available for download on the Jedox Website along with the Palo 3.2 version, and can be used when the appropriate GPU hardware is installed on the server. Jedox is cooperating with different hardware vendors in order to supply hardware and software as a combined package, specifically configured for the customer’s needs. The GPU version is a server-side-only implementation and there is no hardware update required on the client-side (user computers do not need to be upgraded).

Next step: Faster planning applications with Palo GPU

Kristian Raue, CEO of Jedox AG comments on the significance of Palo 3.2 as follows: “The record breaking speed that we are able to reach with Palo GPU brings Business Intelligence and Performance Management to a new level. We are proud that Jedox is the first BI vendor to present a GPU solution in this field. This head start we have in development will now be followed-up, and next year we will introduce a GPU version which supports complex algorithms, rules and write-back functionality which will allow countless new possibilities in the area of OLAP-based planning, analysis and reporting.”

Jedox AG

Jedox, headquartered in Freiburg/Germany, with an office in France, is one of the leading suppliers of Open Source-based Business Intelligence and corporate performance management solutions in Europe.
Palo for Excel extends planning, analysis and reporting processes with Excel to a cost efficient Business Intelligence Solution. Whilst the Excel User Interface remains, Palo’s central data storage logic avoids the well known spreadsheet hell.
Palo for Excel includes the powerful OLAP Server Database, plus the Microsoft Excel Add-in.
The Palo Suite contains all the Jedox standard applications − OLAP Server, Palo Web access, ETL Server and Palo for Excel − in an extensive platform that can be customised to the client’s specific needs. The platform consists entirely of open source products and thus provides a high-end BI solution completely free of license. The Palo Suite accommodates the entire range of Business Intelligence and Corporate Performance Management requirements including planning, budgeting, forecasting, reporting, dashboarding and analysis. The Palo Suite is fully compliant with the web and available as a Software as a Service. Companies successfully using Palo solutions include Bayer, Clariant, Nycomed, Otto Group, media group Süddeutscher Verlag and Vodafone. Jedox has personnel of 60 as well as 100 partners globally.
Palo for Excel and the Palo Suite are available as a download free of charge on www.jedox.com .
Jedox and Palo are trademarks or registered trademarks of Jedox AG. All other trademarks are property of their respective companies. ©2002-2010 by Jedox.

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