Altair Releases New BI Solution- HiQube 6.0

Altair Engineering has released version 6.0 of HiQube, its simulation-driven Business Intelligence (BI) and data analytics solution. HiQube 6.0 provides a new, self-service Web client, customisable dashboards, unbalanced hierarchical data management, and embedded mathematical optimisation for higher-level what-if analysis. Enterprise accessibility to HiQube also has been expanded to the latest Windows, Red Hat and Ubuntu desktop and server environments.

"HiQube is part of a new generation of high-performance BI products that are sweeping the market," said James R. Scapa, Chairman and CEO for Altair. “It is a compelling alternative to traditional BI solutions, because it handles enormous data sets with the speed of in-memory BI product queries, without sacrificing data persistence or write-back capabilities. HiQube is distinctive in its ability to be quickly deployed as a complementary data analytics extension to incumbent business systems or as an end-to-end BI solution, providing an excellent value proposition for our customers."

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"This release marks a development milestone, centering on the user experience and advanced Web client access to broaden the power of our multi-dimensional data engine beyond the desktop to all enterprise stakeholders," said Yeshwant Mummaneni, Chief Technology Officer for HiQube. "In this and future releases, HiQube customers will discover ever-increasing power at their fingertips to improve and guide decision-making for an ever-declining total cost of ownership."