High-performance technology enables extremely flexible, low-maintenance BI solution that quickly delivers in-depth reporting and analysis capability
TROY, Mich., Oct. 24 /Xinhua-PRNewswire/ --
HiQube LLC, a new business intelligence (BI) software company, announced today the worldwide availability of HiQube, its high-performance business intelligence (BI) platform, featuring the ground-breaking HiQube technology. HiQube combines three BI database technologies to deliver a solution that handles extremely large datasets while remaining one of the fastest and most flexible BI solutions available. Interested customers and channel partners can learn more by visiting http://www.hiqube.com.
HiQube technology combines hierarchical, relational and multidimensional data management methodologies within a single, unified database architecture. This innovative platform empowers end-users to easily interact with data and create personalized, tailored reports. It also enables users to perform ad hoc queries for "what if?" analysis. As a result, HiQube technology allows users to explore and discover key business performance indicators using the industry's best visualization capabilities.
"HiQube was created to match BI functionality to user needs," said Massimiliano Cavallo, HiQube technology founding partner and the director of implementation for HiQube. "This revolutionary technology is especially valuable where business decision-makers need to access large datasets, and still have the ability to drill-down and easily make on-the-fly changes to BI models. HiQube also delivers an extremely low total cost of ownership (TCO), because the united BI architecture was created from the ground up. This makes it quick to implement, easy to learn and is low maintenance."
The core technology behind HiQube originated in Italy and was recently acquired by global technology provider Altair Engineering. Altair is supporting HiQube's launch with its worldwide marketing, sales and channel support.
"Altair Engineering has been successful assisting leading global manufacturing design organizations to make better engineering decisions regarding product innovations," said HiQube Chairman and Altair Engineering CEO James Scapa. "That is why HiQube is a natural fit as a technology investment for Altair. With the high number of departments and individuals tracking and storing business data today, HiQube can easily handle massive amounts of information. At the same time, it ensures that the data is accessible and easy to translate into business intelligence. Achieving this goal elevates data into useable knowledge."
Another advantage of the HiQube BI solution is its unique "pay-for-what-you-use" software licensing system. This system delivers significantly higher value than traditional BI licensing models. In addition, HiQube takes advantage of Altair's well-established, patented unit licensing system, already proven in the engineering and grid technology markets. The power of this model is that customers can enable their entire IT infrastructure - servers and desktop workstations - and only pay for the maximum number licenses that will be concurrently used. This flexible and customer-friendly licensing system even allows software licenses to dynamically float across enterprise-computing resources as well as geographically separate systems to meet the changing needs of users.
SUMMARY: HiQube Key Value Differentiators
-- The HiQube technology handles massive datasets and is one of the
fastest BI solutions in the industry.
-- HiQube is user-empowered, with unmatched flexibility and superior
reporting capabilities.
-- HiQube provides lower TCO as a result of a united BI platform that was
created from the ground up. This makes it quick to implement as well
as easy to learn and maintain.
-- HiQube's unique licensing system delivers a "pay-for-what-you-use"
model that allows enterprises to enable all computing infrastructure,
resulting in increased utilization, lower total costs and improved
efficiencies.
"HiQube is the only BI solution that offers versatility in handling very large data sources efficiently," said Cristiano Monteferrario, business analyst for Bottega Verde, an international cosmetic company that uses the HiQube technology for its BI efforts. "Decision-makers have little patience or time to learn a complex business intelligence solution that is common with the majority of other BI platforms. The HiQube platform's combination of robustness, speed and ease-of-use make it the ideal platform for Bottega Verde."
About HiQube
HiQube(TM) is a new high-performance business intelligence (BI) software solution that quickly delivers in-depth business analysis capability and superior reporting, as a result of its unique HiQube technology. HiQube technology is easy to use, and is the first to combine hierarchical, relational and multidimensional database technologies. In doing so, it delivers users with unparalleled decision-making power. The core technology behind this new database management system originated in Italy and was acquired in 2007 by Altair Engineering, a global technology provider. HiQube BI software solutions are available and supported worldwide.
About Altair Engineering
Altair Engineering, Inc. powers on-demand computing and innovation for customers worldwide. The company's products and services strengthen client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 1,300 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software and on-demand computing technologies, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit http://www.altair.com.
