Iteration Software, a new company headed by Sagent Technology Inc. founder Ken Gardner, will later this month announce its Real-time Reporting Suite product.
The new business intelligence application is designed to deliver real-time alerts from transaction data, with no underlying querying or data warehouse building required. Data is captured directly from the enterprise transaction stream, and alerts and delivers information to end-users within seconds of an enterprise event, transaction, or exception, according to Iteration officials, in Mountain View, Calif.
The software uses memory caching to store data from transactional systems, data warehouses, operational data stores, Web services, message queues and database servers. Users are notified of changes to data as they occur, based on pre-configured rules via instant messaging.
Reports from this data can also be created on the fly. Such reports can then be analyzed and annotated by multiple users collaboratively. The software supports the Tablet PC platform for making such annotations.
Iteration Real-time Reporting Suite will be available on March 18. Pricing ranges from $25,000 to $250,000.
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