Applix, Inc., a global provider of business intelligence (BI) and business performance management (BPM) software solutions, announced the availability of TM1 8.2 for 64-bit operating systems. TM1 8.2 lowers the total cost of ownership of BI and BPM applications by providing IT departments with new features that ease deployment and management. 64-bit operating systems supported include Microsoft's Windows 2003, Hewlett-Packard's HP-UX, and Sun Microsystems' Solaris.

"TM1 has a long history of enabling real-time analysis of financial and operational data in enterprises worldwide," said David Menninger, vice president of worldwide marketing, Applix, Inc. "Many of Applix's larger customers are committed to UNIX platforms and appreciate TM1's expanded support for 64-bit computing. When combined with the new IT-friendly features in TM1 8.2, the platform satisfies the requirements of both the IT and finance departments."

Menninger added, "In addition to addressing the needs of IT, TM1 8.2 supplies the flexibility demanded by sophisticated financial planners and analysts. In particular, TM1 8.2 enables analysts to work directly in Microsoft Excel and to perform forward-looking scenario planning and 'what-if' analysis. These functions are critical to organizations that want to take a more strategic approach to understanding and operating a business in today's complex, global economy."

TM1 8.2 includes a number of new features that make it easier to use and manage:

  • The ability to add dial gauges for improved Applix Integra dashboards;
  • The consolidated hold - a feature allowing end users to "hold" a sum at a top level and "spread" a variety of calculations beneath, enabling them to continue to perform budgeting allocations without affecting the top sum; and
  • A rules guide that improves the ability of customers to leverage the power of TM1's rules for rapid, efficient development of data models.

Another key feature of TM1 8.2 is support for LDAP (Lightweight Directory Access Protocol) and Microsoft's Active Directory. By supporting these standards, TM1 addresses key issues for both IT administrators and end users, while lowering application maintenance costs.
Directory services provide an easier way to manage user IDs and passwords, reducing the administration tasks associated with large-scale deployments. Additionally, directory services provide a single source from which to administer user and group security policies. Since much of the information stored in and managed with TM1 applications is key financial and operational data, security of the system is paramount to a successful application.

TM1 8.2 serves as the platform for Applix's well-received TM1 Web. TM1 Web is the first application from a major BI vendor that allows users to quickly and easily create real-time Web-based worksheets, called 'Websheets' directly from within Microsoft Excel, enabling users to share enterprise data and facilitating forecasting, planning and budgeting. Since TM1 Web extends the power of Excel onto the Web, while also providing all of the functionality of Excel, it is a strategic tool for planning and analysis among and between executives, financial planners and line-of-business managers located in different places.

Because it provides two familiar interfaces, Excel and the Web, TM1 Web is an easy-to-use, quick-to-deploy BI and BPM solution with a significant, measurable return on investment (ROI).

TM1 and TM1 Web are BI or BPM tools that allow multiple users to perform read/write activities in real time with information stored within the system. TM1 and TM1 Web, combined with Applix's data extraction tool, Turbo Integrator, enables companies to quickly access up-to-date information from a variety of data sources – such as transactional information directly from ERP systems. Since the extraction of data is automated, human error is reduced, ensuring the accuracy and validity of the information. Thus, organizations relying on Applix solutions are empowered to make business decisions based on timely and accurate information.

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