Palo (OLAP Database)
Palo is a memory resident multidimensional (online analytical processing (OLAP) or multidimensional online analytical processing (MOLAP)) database server and typically used as a business intelligence tool for controlling and budgeting purposes with spreadsheet software acting as the user interface. Beyond the multidimensional data concept, Palo enables multiple users to share one centralised data storage (single version of the truth).
This type of database is suitable to handle complex data models for business management and statistics. Apart from multidimensional queries, data can also be written back and consolidated real-time. To give rapid access to all data, Palo stores them in the memory during run time. The server is available as open source and proprietary software.
Jedox was founded by Kristian Raue in 2002 and developed by Jedox AG, a company based in Freiburg, Germany. The firm currently employs approximately 60 people.
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