A customer survey conducted by Applix, Inc., a global provider of single platform solutions for business performance management (BPM) and business intelligence (BI), points out the growing trend of increased use of BPM tools in the executive suite with almost three-quarters of the respondents listing management reporting among their applications of Applix's TM1 analytics platform. The survey, conducted among Applix's customer base earlier this year, lists management reporting as the second most used application, behind front-runners budgeting and planning, and ahead of consolidations.
In addition, Applix's annual customer survey shows that BI and BPM applications are gaining ground outside Finance, their traditional stronghold. An ever-increasing emphasis on return on investment and profitability is impacting the industry as a whole, spreading the need for tools to help manage business processes. The success of Applix's TM1 outside Finance can be attributed to the ease and speed with which its applications are rolled out to end users and the comfort those users have with the Excel front end of TM1- based applications.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access