Performance Canvas Once Again Goes Head-to-Head with SAP’s Business Objects and IBM’s Cognos 8 and Wins

Los Altos, CA (PRWEB) January 17, 2011

DSPanel, the first company to develop business intelligence and planning tools with the business user in mind, today announced that their Microsoft SQL Server based planning suite, Performance Canvas Planning, has once again gone up against its bigger competitors and won a major software contract with Sterling Fluid Systems. The competitors this time were SAP and IBM.

When asked why Sterling Fluid Systems choose Performance Canvas over its bigger rivals, Stephan Rueckert, Director of IT and Business Process Management, had this to say, “In the POC’s with SAP and IBM we had not been able to make a simplified version of our planning scenario work as expected. We found that with IBM, the setup of cubes and rules was very complex and with SAP the response time was very slow and there were several design restrictions.”

Besides the gaps in functionality, Stephan also identified other worrying trends with both SAP and IBM, “With SAP we did not get a clear direction for future development to fill in the gaps we had identified and IBM took weeks to provide clarity on the bugs we had found and missing functionality that had been identified in the POC.”

Having heard about Performance Canvas on the internet, Stephan decided to see if the claims about functionality and ease of use were true, “Even without the POC on site, through only a few web meetings, we were shown a process which was promising. The identified gaps in the other POCs were solved in a very short period of time. Everyone involved showed they were knowledgeable in the field of financial planning and knew their software inside out. ”

Peder Ekstrand, V.P. of Sales at DSPanel had this to say, “Since 1999 we have worked on the premise that business intelligence software needs to be flexible and work with a multitude of businesses. Since no two businesses have exactly the same processes, we created a software suite that is both powerful and flexible, allowing both seasoned professionals and new hires to understand and make use the business tools their companies have invested into.”

The Performance Canvas product range is built from the ground up by business professionals to meet the growing demand for performance management and planning tools that are powerful enough to enable top executives to evaluate and execute effective business strategies yet simple enough that business users can make queries against their database, find answers quickly, communicate and take action on pertinent information. Performance Canvas products enable users to truly interact with their data, ensuring they get the information they need, when they need it.

Performance Canvas Planning is a flexible Microsoft Excel, Web and Mobile based financial intelligence package that enables budgeting, planning, forecasting, consolidation, intercompany eliminations, reporting and analysis. The Performance Canvas Planning suite enables users to create, customize and deploy their own business models while giving users the flexibility to load external data into their test scenarios. With an easy-to-use workflow manager included, Performance Canvas Planning can outperform its larger rivals with a price tag every business can afford.

For more information on our suite of products, please visit our website at http://www.dspanel.com

About DSPanel:
DSPanel is at the forefront of business analytics, planning and visualization technology. DSPanel began with the simple premise that Business Intelligence can and should be available to all business users, no matter what their size. Starting there, Performance Canvas was created as an information synthesis solution for 21st century businesses. Performance Canvas enables users to make faster, smarter decisions utilizing its powerful yet easy-to-use software suite. With its agile deployment and design capabilities, Performance Canvas can be deployed with one of the smallest time-to-values in the industry. DSPanel has more than 1500 organizations deploying our solutions across the globe. For further information please visit http://www.dspanel.com.

About Sterling Fluid Systems Holding GmbH:
Sterling Fluid Systems manufactures high end vacuum and liquid pumps for industrial use. For more than 80 years Sterling Fluid Systems has been a market leader in the pumping of liquids and gases. The headoffice is based in Itzehoe, Germany. With 1600 people in 6 manufacturing sites and sales and service locations around the world, Sterling is close to their customers. The supply chain is managed by a worldwide SAP system with more than 1000 users. For more information please visit http://www.sterlingsihi.com.

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