It looks like Microsoft is all set to deliver a new baby in the parlance of Business Intelligence, and its named PowerPivot. Below is an excerpt from the PowerPivot product site:
Overview:
PowerPivot for Excel 2010 is a data analysis tool that delivers unmatched computational power directly within the application users already know and love—Microsoft Excel. It provides users with the ability to analyze mass quantities of data and IT departments with the capability to monitor and manage how users collaborate by integrating seamlessly with Microsoft SharePoint Server 2010 and Microsoft SQL Server 2008 R2.
BI Offerings from PowerPivot:
Give users the best data analysis tool available: Build on the familiarity of Excel to accelerate user adoption. Expand the existing capabilities with column-based compression and in-memory Bi engine, virtually unlimited data sources, and new Data Analysis Expressions (DAX) in familiar formula syntax.
Facilitate knowledge sharing and collaboration on user-generated BI solutions: Deploy SharePoint 2010 to provide the collaboration foundation with all essential capabilities, including security, workflows, version control, and Excel Services. Install SQL Server 2008 R2 to enable support for ad-hoc BI applications in SharePoint, including automatic data refresh, data processing with the same performance as in Excel, and the PowerPivot Management Dashboard. Your users can then access PowerPivot workbooks in the browser without having to download workbooks and data to every workstation.
Increase BI management efficiency: Use the PowerPivot Management Dashboard to manage performance, availability, and quality of service. Discover mission-critical applications and ensure that proper resources are allocated.
Provide reliable access to trustworthy data: Take advantage of SQL Server Reporting Services data feeds to encapsulate enterprise systems and reuse shared PowerPivot workbooks as data sources in new analyses.
Reference: www.powerpivot.com
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