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DSPanel Announces Availability of the Cloud Business Intelligence Solution, Canvas Online

By Calvin Azuri
TMCnet Contributor

DSPanel, a provider of end user focused business intelligence and structured financial planning solutions, has announced the availability of the Canvas Online cloud business intelligence solution for mid-market organizations. Canvas Online which is the latest addition to the DSPanel Performance Canvas Studio SaaS (News - Alert) product line offers mid-market business customers with access to visualization, reporting and forecasting as well as budgeting, consolidation, and analytics tools.

Previously, mid-market customers were reluctant to deploy cloud business intelligence, reporting or financial consolidation solutions due to the high-costs involved as well as the accompanying complexities and maintenance concerns. By using Canvas Online, these customers will now be able to access cutting edge technology solutions securely and without the need to shift to a cloud based data warehouse.

Canvas Online allows users to access their dashboards, reports, as well as analytics by pushing a button on their iPads, iPhones, Android (News - Alert), Blackberry, or Windows 7 mobile devices. The multitenant environment of Canvas Online also enables it to either be used as an embedded SaaS solution or as a standalone solution. Integration can easily be achieved via SQL Analysis Services, Excel or via a web services client.

The cloud business intelligence platform of Canvas Online allows users and partners to set up instances of databases rapidly which allows them to serve multiple client organizations and makes it possible for any number of users to access critical business information without any impact on performance. Business customers can choose between cloud based deployment or they can integrate an on-site and cloud based functionality.

In a release, DSPanel CTO Niklas Derouche said, "While cloud-business intelligence is not a new concept, Canvas Online is unique in it enables organizations to quickly deploy business intelligence cross-departmentally and cross functionally, enabling all employees to use insights to make better decisions. Further, Canvas Online works on the same platform of Performance Canvas Studio giving users the same SaaS self-service, drag-and-drop functionality that enterprise organizations have enjoyed."

By enabling Performance Canvas technology in the cloud users benefit from reduction in deployment and integration costs and find it easy to allow any number of users access to cloud business intelligence information. It also allows financial departments to optimize their financial closes and enables users to easily create and share dynamic reports.