SOURCE: Quantrix, Inc.

Quantrix Business Modeling and Analytics Software

June 03, 2009 10:25 ET

Quantrix DataNAV Combines Query, Analysis, and Visualization With Modeling for Improved Business Intelligence

New Tool Leverages In-Memory Analytics for High-Performance Queries on Large Datasets; Enables Business and IT Users to Create and Share Ad Hoc and Exploratory Analyses for Improved Business Intelligence and Planning

PORTLAND, ME--(Marketwire - June 3, 2009) - Quantrix today launches DataNAV, an add-on product to its business modeling and analytics solution, Quantrix Modeler. The combined DataNAV and Quantrix Modeler solution is a practical and easily deployed alternative to the widespread yet deficient practice of pairing spreadsheets with BI tools for business analysis and planning. The new tool advances Data Navigation, Analysis, and Visualization (DataNAV) by enabling both business and IT professionals to easily query data sources to develop ad hoc, exploratory, and structured analyses. Proprietary in-memory analytics offer superior performance for querying, filtering, and aggregating data from very large databases, including those in excess of one billion rows. The new charting engine allows dynamic, side-by-side comparison of multiple charts in multiple dimensions for enhanced visual analysis.

"Quantrix DataNAV takes query, analysis, and visualization capabilities that were previously the domain of the IT department and makes them accessible to business professionals within an organization," says Chris Houle, CEO, Quantrix. "DataNAV is very intuitive, yet powerful, so both business and IT users can create near instantaneous analyses from corporate data and then model, visualize, and share them in real time."

Quantrix DataNAV enables organizations to cost effectively derive new value out of existing data assets by closing the gap between BI and spreadsheets. Benefits include:

-- Faster Insight Through Drag-and-Drop Query and Analysis: A new interface enables users to simply drag and drop data elements into an analysis to automatically create SQL queries. Business professionals can now develop their own analyses and models without IT programming to answer the urgent questions critical to business success.

-- Visual Business Intelligence Plus Modeling: Quantrix Modeler with DataNAV delivers business intelligence capabilities along with multidimensional modeling and analytics. Model visualization offers an important advantage over the current crop of data visualization applications as it enables more extensive, contextual analysis and forward-focused planning. Together, these tools offer a practical and easily deployed alternative to the problematic BI/spreadsheet standard that dominates corporate business analytics.

-- Exponentially Faster Processing: DataNAV leverages in-memory analytics, which performs all data processing on the server rather than the user's desktop computer. This significantly enhances performance by delivering almost instantaneous results on most queries, and enables scalable analytics and modeling.

-- More Value From Existing BI and CPM Investments: DataNAV leverages enterprise investments in CPM/BPM and BI by providing a seamless integration with a broad range of databases, data warehouses, pivot tables, csv files, and business applications.

-- Affordability: DataNAV costs significantly less than traditional BI tools, and is affordable for organizations of all sizes. It is sold as an add-on to version 3.5 of Quantrix Modeler Professional and Quantrix 64.

"Quantrix gives business users the ability to work accurately and flexibly with large amounts of business data and is far easier to use than traditional business intelligence tools," says Robert D. Kugel CFA, Senior Vice President & Research Director at Ventana Research.

Quantrix Modeler's multidimensional business modeling and analytics software enables financial professionals to break away from the restrictions of spreadsheet technology to develop financial models of the highest integrity, flexibility, and transparency. The addition of DataNAV significantly advances business analytics capability by closing the gap between spreadsheets and business intelligence.

About Quantrix

Quantrix's business modeling and analytics (BMA) solutions and services enable companies to develop accurate, secure, and dynamic forecast, budget, planning, risk, and data models. Quantrix Modeler provides unprecedented business intelligence and improved business performance management to customers in 50 countries. It delivers rapid return on investment by empowering business and financial professionals to break away from restrictive two-dimensional spreadsheets and complicated modeling and business intelligence tools. Quantrix Modeler is available directly from the company and from its partners in the United Kingdom, China, Australia, France, Germany, Mexico, Chile, Israel, South Africa, and Brazil. For more information about Quantrix Modeler, or to activate a free 30-day trial, visit www.quantrix.com or call +1 207.775.0808.

Contact Information

  • Media Contact for Quantrix:

    Alison Harris
    Harris Media Services
    +1 207.829.4500
    Email Contact

    Contact at Quantrix:

    David Phillips
    Marketing Manager
    Quantrix
    +1 207.775.0808 ext 108
    Email Contact