LONDON and NEW YORK, Feb. 27 /PRNewswire/ -- Panopticon Software today
unveiled Panopticon Explorer, a new visualization tool that could do for
business intelligence what search engines did for the Internet. Already an
established name in the world of banking and finance, Panopticon will bring
the sophisticated technology used by financial institutions to the desktops of
businesses and individuals everywhere.
Panopticon Explorer uses advanced treemapping technology to bring business
data to life. By creating clear, concise and customizable visual
representations, Panopticon Explorer transforms the analysis of complex data
sets. A significant advance in business intelligence software, Panopticon's
treemaps are a proven tool for analysts and enable anybody quickly and easily
to make sense of large amounts of complex data.
"Three years of intensive development has produced a truly unique
application that can be installed in a minute and make sense of a mass of data
in 30 seconds," Panopticon CEO and co-founder Willem De Geer said. "As well as
bringing a powerful new set of tools to a broad business community, Panopticon
Explorer does away with the laborious installation and high maintenance costs
that have previously categorized this space."
Simple to install, Panopticon Explorer is very easy to use, yet has the
ability to produce powerful results. The advanced technology at the core of
Panopticon Explorer is already used by Panopticon's clients in the financial
sector, including JPMorgan Chase, Citigroup and Reuters.
"The release of Panopticon Explorer brings the powerful and proven
technology used by top-tier financial institutions to the wider business
community," said Sam Giertz, Panopticon co-founder and vice president of
sales. "This technology has been road-tested in the most demanding of
conditions, providing valued analysis of complex data in fast-moving financial
markets, but the list of potential applications is practically endless.
Panopticon Explorer can be used to look at all kinds of data from sales
figures and customer relationship management information to racing car
telemetry."
A stand-alone desktop application that can use a multitude of data sources
-- including Excel, Access, Sybase and SQL Server -- Panopticon Explorer
combines a number of unique features that take business intelligence to the
next level. Simply drag and drop data to instantly produce a treemap. Real-
time and historical data can also be combined using the premium version of
Panopticon Explorer. Collaboration is also supported: users can effortlessly
share findings and analysis with colleagues by distributing live, annotated
maps, easily and quickly sharing important conclusions. Any map can be saved
to file using the current data and instantly sent to colleagues and clients.
Importantly, this new audience will not require detailed knowledge or training
on the complex analytic functions available in Panopticon Explorer.
Commenting on the significance of Panopticon Explorer, De Geer said,
"Progress in IT tends to come in incremental steps. This is one of those rare
leaps that fundamentally changes how a task is performed and radically raises
the bar in terms of performance."
A light version of Panopticon Explorer is available as a free download
from http://www.panopticonexplorer.com
About Panopticon Software
Panopticon's visualization technology takes you beyond traditional
business intelligence: highly intuitive treemaps visualize trends in business
performance and allow you to act before the competition. Panopticon was
founded in 1999 and is a part of the Hamsard Group (HMSD). Panopticon has
offices in London, New York and Stockholm. The product family contains desktop
and enterprise solutions as well as an API platform.
http://www.panopticon.com
About treemaps
Preattentive processing is the innate, natural skill put to use with
treemaps. Looking at a treemap you will be able to see important values in
seconds. Most people are unaware of the fact that the brain processes
information before the mind becomes aware of it. For the brain it's not a
question of seconds, but milliseconds. Scientists call this preattentive
processing. It is defined as involuntary processing of visual information
without focused attention in a very short time -- as fast as 200 milliseconds.
This automated and effortless perception of information is what treemaps make
use of. A picture really does say more than a thousand words.
Contact: Shalon Roth of Ricochet Public Relations, +1-212-679-3300,
ext. 127, or sroth@ricochetpr.com, for Panopticon.
SOURCE Panopticon Software
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Related links:
http://www.panopticon.com
CONTACT:
Shalon Roth of Ricochet Public Relations,
+1-212-679-3300, ext. 127, or sroth@ricochetpr.com, for
Panopticon
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