FREIBURG, GERMANY: Jedox AG, a leading global provider of enterprise technologies for Microsoft Excel applications, has released Palo 2.5, the latest version of its flagship application that allows enterprises to centralize key Excel spreadsheet data for use throughout the organization.

Leading the lineup of valuable improvements to Palo 2.5 are a newly-optimized MOLAP (Multidimensional OnLine Analytical Processing) engine and intelligent local data cache, giving users even faster read and write-back performance. Other improvements include faster multi-dimensional data processing, an enhanced multidimensional formula editor, and an advanced query capability.

Palo is a multi-user, high performance data server application that allows workers throughout an enterprise to access, change, and collaborate on multiple spreadsheets in real-time. The free product, also available in professional, enterprise and government versions, uses a unique MOLAP (In-Memory OLAP data server) architecture to provide lightning-fast data retrieval and system performance.

As a "commercial open source" solution, Palo combines the flexibility and freedom of the GPL open source license with a business-grade software development staff, full technical support, quality control, code maintenance and much more. Jedox also offers additional server applications that extend Palo's capabilities for Web reporting and data entry, establishment of workflow and process rules, and ETL (Extract/Transform/Load) from heterogeneous data sources.