PerformancePoint Server Announced

As a follow-up to previous post, during the webcast Microsoft announced a new product called PerformancePoint Server due to be released in mid-2007 alongside Office 2007. PerformancePoint will be a convergent product of Scorecard Manager, ProClarity, and Biz# (yes, Microsoft finally let the cat out of the bag about the strictly confidential so far Biz# initiative). The product will be designed as a web-based portal and will offer performance management, planning and forecasting capabilities.

I personally very excited about this new product offering. PerformancePoint will definately help Microsoft to compete better with other heavy-weight BI players, such as Cognos. More information about PerformancePoint can be found on its website.