Multi-dimensional data engine through self-service Web client, and customisable dashboards
Altair Engineering, a provider of client innovation and decision making technology, has launched a new version 6.0 of HiQube designed for business intelligence (BI) and data analytics offering.
The new HiQube 6.0 features multi-dimensional data engine to business analysts through a new, self-service Web client, customisable dashboards, unbalanced hierarchical data management, and embedded mathematical optimisation for higher-level what-if analysis.
HiQube empowers stakeholders across the enterprise to independently slice, dice and drill information, explore key performance indicators (KPI’s), perform math-based simulations and what-if analyses, and easily publish interactive, tailored reports and dashboards to improve business performance.
The company said HiQube can be deployed within any IT eco-system, with flash-drive simplicity to install and open-architecture design.
The new offering enables the properties of published reports to be modified, updated and saved, as well as for the creation of new charts from a published Qube and saving those charts as user reports.
HiQube 6.0 has the ability to manage and operate on unbalanced tree structures to data structured similarly to an organisational chart with multiple branches that descend to different levels, and it also can maintain parallel hierarchies.
HiQube’s embedded ETL (Extract, Transform, Load) capabilities also have been extended, enabling users to apply customised formulas at import to automatically transform and process data.
Analyst can use the tool’s advanced functionality, like block operations and embedded optimisation formulations, to generate and study numerous scenarios to identify a offering that satisfies business objectives and constraints.
Altair chairman and CEO James Scapa said HiQube handles data sets with the speed of in-memory BI product queries, without sacrificing data persistence or write-back capabilities.
"HiQube can be deployed as a complementary data analytics extension to incumbent business systems or as an end-to-end BI offering, providing an excellent value proposition for users," Scapa said.