MARVELit Launches OpenReports Portal, the Open Source Business Intelligence Solution

1 January 1970

MARVELit, a provider of Open Source Business Intelligence (BI) software solutions, today announced the launch of its turnkey, web-based open source executive dashboard reporting tool. Demonstrated at the recent OSCON (Open Source Conference) tradeshow, the free MARVELit software is available for download at www.marvelit.com.

Based on OpenReports, the leading open source download for web-based reporting, the MARVELit Java-based portal solution translates corporate-wide electronic data into user-configured rich content charts, graphs and reports available on screen and in PDF, HTML, XLS, CSV and XML formats.

"IT professionals worldwide are frustrated with the shortcomings of the reporting/analytical tools available today that are costly, complicated and have a steep learning curve. Our goal in developing OpenReports Portal was to provide an easy to deploy and support open source business intelligence solution to enable corporate executives to form intelligent data-based decisions," states Rick Mortensen, MARVELit CEO.

Meeting the need to organize enterprise data and enhance analytics capabilities, MARVELit's enterprise-friendly software provides the ability to access data and graphics within the portal and:

-- Create/build custom reports
-- Change reports interactively
-- Display charts, graphs and small mini reports

The system works with all application servers and can seamlessly integrate with financial and customer relationship management solutions.

The Gartner Group predicts the following open-source trends:

-- 80 percent probability: By 2010, 75 percent of mainstream IT
organizations will have formal open source acquisition and
management strategies.
-- 80 percent probability: By 2008, open source software solutions will
directly compete with [licensed] closed source products in all software
infrastructure markets.
-- 70 percent probability: By 2010, mainstream IT organizations will
consider open source software in 80 percent of their infrastructure focused
software investments.
-- 60 percent probability: By 2010, mainstream IT organizations will
consider open source software in 25 percent of their business software
investments(1)

For an online demo or free download of the software, visit www.marvelit.com or call 858-485-6617.

About MARVELit

Based in Poway, Calif. with an office in Phoenix, Ariz., MARVELit is an Open Source Business Intelligence (BI) software provider for small to medium sized businesses. The Java-based solution is available for free download and modification at marvelit.com. Using one of the world's most popular open source applications, OpenReports, MARVELit's BI solution includes preconfigured web-based executive dashboards, proactive alerts and automated reporting in a simple interface that allows deeper access to data. The company also provides comprehensive support and consultation services. Call 858-485-6617 for more information, or visit www.marvelit.com for a demonstration.

(1) Source: Gartner Symposium/ITxpo in Orlando, Fla. by Mark Driver Gartner Research vice president, 2005.

Contacts:
Amendola Communications for MARVELit
Jodi Amendola
480.664.8412 x11
Email Contact

Carrie Morgan
480.664.8412 x15
Email Contact

SOURCE: MARVELit