I always thought that the new BI Symantec Model is disconnected from Performance Point then I came across an article on MSDN Performance Point Blog.
This will allow you to connect models that the end Users Build and Publish it to Performance Point as data source for your Dashboards
Read the below Article
Since SQL Server Denali hit the public download space, several people have tried using it to create PowerPivot models as data sources for PerformancePoint 2010. And why shouldn’t they? PerformancePoint works just fine in the scenario where you specify the reference to a PowerPivot model in the data source connection string for an Analysis Services data source.
But just about every one of those cutting-edged users has wisely pointed out that something fundamentally breaks when trying this same scenario with a Denali RC0-based PowerPivot workbook. There are a couple of reasons for this, which I address below. The error that manifests in the event log indicates that the existing, installed provider is too old. And that’s true if you’re running a standard SharePoint 2010 SP1 installation. The error most people have been seeing is this:
Exception details: Microsoft.AnalysisServices.AdomdClient.AdomdUnknownResponseException: Unsupported data format : application/vnd.ms-excel.12
The good news is that a workaround exists.
The easiest way to make this scenario work is to install the ADOMD.Net (version 10.5) data provider on your SharePoint farm. You can get this by downloading it from the SQL Server 2008 R2 SP1 Feature Pack (make sure that you download the version appropriate for your server architecture). Version 10.5 of this provider is backward compatible with the new version 11.0. And because it’s a minor version, it will overwrite the version 10.0 provider, which is the major version that PerformancePoint looks for at runtime. This latter notion explains the alert that the installer throws when you begin the installation. Go ahead and click, "Yes".
I will use the example of a 1M farm in this case. SharePoint’s pre-requisite installer will install both the 2005 and 2008 versions of ADOMD.Net. This ensures that Analysis Services data connections work smoothly out of the box. If you look in add/remove programs on your SharePoint server, you can see the provider versions. Version 10.1 is the one that PerformancePoint will use when connecting to the PowerPivot workbook when you use it as a data source.
When you install SQL Server Denali, it will install the version 11.0 ADOMD data provider. You can see this as well by looking at the list of assemblies on the server.
The problem is that there is no policy telling the request to use the latest version of the provider, and PerformancePoint is looking specifically for major version 10. So, in effect, version 11.0 is sitting there all alone and unused. However, when you install the ADOMD client version 10.5, things work because that version is compatible with the latest PowerPivot models, and PerformancePoint is still happy because it sees version 10, just like it expects to. Unlike major versions of the provider, which exist side-by-side, minor versions overwrite each other, which is why PerformancePoint grabs the right one even after you overwrite version 10.1 with version 10.5. So, after installing the SQL Server 2008 R2 SP1 update, when you look at the list in add/remove programs, you will see this:
Once you have updated your provider, PerformancePoint should be able to connect to the PowerPivot workbook as you would expect.
There are a couple of parting notes here. First, notice that the name of the cube, as interpreted by PerformancePoint, is now called "Model". You may recall that it was called "Sandbox" for PowerPivot 2010 models. Second, most of the published documentation indicates that you need to add the PROVIDER property to the PerformancePoint connection string, like this: PROVIDER=MSOLAP;DATA SOURCE=http://contoso/Documents/PowerPivot_Sample.xlsx. This string is a little redundant; there is no need to set the provider property because the provider is adomd.net. And adomd.net will create the right data access object without the user having to specify MSOLAP to connect to the data source.