Applix, Inc., a global provider of business intelligence (BI) and business performance management (BPM) solutions, announced the immediate availability of TM1 Web, its new real-time BI solution for its flagship analytics engine, TM1. Applix's unique BIshare technology makes TM1 Web the first application from a major BI vendor that allows users to quickly and easily create real- time Web-based worksheets or “Websheets” directly from within Microsoft Excel, allowing users to share enterprise data and facilitating forecasting, planning and budgeting through what-if analyses.

Many reporting solutions provide static snapshots of data from the time the data is published. The use of Excel as an interface makes sharing easy, with TM1 Web supporting all the functions, formatting and graphing capabilities of Excel on the Web. Dynamic reporting capabilities within TM1 Web ensure that reports are up to date as of the moment of retrieval. TM1 Web also provides interactive navigation through the data that allows users to focus on the relevant portions of the data.

TM1 Web is easy to install and administer, requiring no client-side software. The server component is small and operates on a single server, minimizing the hardware requirements and expense. To make best use of limited IT resources, TM1 Web allows end users to share their data via Websheets for use by others in the organization.

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