Management and Analysis Software handles large data sets.
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Press Release Summary:
Utilizing memory-centric OLAP (online analytical processing) data management technology, TM1 helps meet demand of large enterprises that need real-time and right-time analysis of large data sets. It supports Windows 2003 x64 platforms, providing access to multidimensional viewing, analysis, and reporting capabilities. Users cache disk-resident data from databases into TM1's database to facilitate analytics, reporting, and what-if scenario planning and modeling.
Original Press Release:
Applix's TM1 Now Enables Real-Time Operational, Business Performance Management Analysis and Reporting on Extremely Large Amounts of Data
New Support for Windows 2003 x64 Bit Platforms to be Showcased at Gartner's Business Intelligence Summit and CeBIT
WESTBOROUGH, Mass., March 6 - Applix, Inc. (NASDAQ:APLX), a global provider of Business Performance Management (BPM) and Business Intelligence (BI) applications, has expanded the platforms on which its flagship performance management application, TM1, is available. The latest version of TM1 is now shipping with support for the Windows 2003 x64 platforms. The new features in TM1, including those covered in related press releases, will be showcased at this week's Gartner BI Summit (booth # BB) in Chicago and at CeBIT (Hall 3, booth #C45) in Hanover, Germany.
The expanded capabilities demonstrate Applix's ongoing commitment to help customers expand their use of TM1 for performance management applications throughout the enterprise, while leveraging the compelling price and performance benefits of the Windows 2003 x64 platform.
"Applix TM1 is used by global companies for analyzing and reporting on extremely large data sets, often in real-time," said David Menninger, Applix vice president, worldwide product management and marketing. "By adding support for the Windows 2003 x64 platform, we are expanding the amount of information TM1 can process, while giving our prospects and customers a lower cost of ownership for 64-bit platforms."
64-bit computing increases the strategic value of IT resources, providing greater physical and virtual memory, for new levels of performance and scalability. By combining this improved performance and scalability of 64-bit processors with TM1's memory centric technology, Applix is now meeting the demand of large enterprises needing real-time and right-time analysis of large data sets. TM1 users cache disk-resident data from popular databases including Oracle and SQL Server into TM1's memory-centric database to facilitate rapid analytics, reporting, and "what-if" scenario planning and modeling.
TM1 has a proven track record in working with large data sets.
Examples of other customers currently using Applix TM1 on 64-bit platforms include:
o An international satellite-based telecommunications company, which processes 60 million transactions daily from 30 source systems into a 60 Gigabyte TM1 database with tens of millions of members in its customer dimension;
o A large energy company uses the 64-bit version of TM1 for a wide variety of reporting, analysis and planning applications, including the immensely complex business problem of modeling power purchase agreements, which are contracts to buy and sell energy between third parties. The application has intensive, complex calculations and 75,000 time periods for real-time "what-if" modeling in multiple scenarios;
o An international airline's cargo division uses TM1 on the 64-bit platform for customer planning, customer profitability, freight letter analysis, point-to-point parcel optimization and scheduling.
TM1 applications provide cost effective and speedy access to multidimensional viewing, analysis and reporting on large amounts of data. Some of Applix's customers already rely on TM1 for analyzing extremely large amounts of data -- such as daily mobile phone calls, global oil production, country-specific energy usage and credit card data analysis. These customers have turned to 64 bit platforms to support these massive data sets.
In-Memory Processing Speeds Results
As corporate IT departments continue to seek ways to lower costs of ownership and add more processing speed, in-memory, or memory-centric computing, is a practical solution. According to columnist and industry analyst Curt Monash, "accessing data from memory can be 200 to one million times faster than disk." (http://computerworld.com/databasetopics/businessintelligence/story/0,1080 1,106156,00.html)
TM1's memory-centric OLAP (online analytical processing) data management technology which has been rated as the fastest in queries and data load/calculations in the OLAP Survey 5. (http://survey.com/olap/)(1)
TM1's purpose-built memory-centric data management technology takes full advantage of the RAM scalability provided by Win x64, enabling performance management applications using extremely large datasets. Whereas 32-bit servers can manage a maximum of less than four Gigabytes of in-memory data, 64-bit servers routinely handle 100 Gigabytes and more of in-memory data.
By combining TM1's memory-centric approach with the improved performance and scalability of 64-bit processors, and by adding support for Windows 2003 x64 platforms, Applix is enabling customers to work with increasingly larger data sets, while enabling them to purchase more cost effective hardware on which to run TM1.
Applix TM1
Applix's TM1 is a unified application, delivering business planning, budgeting, reporting and analytics for powering strategic analysis of financial, operational, transactional and other business data. The OLAP Survey 5 gave TM1 the highest marks for speed of query, deployment, and data load and precalculation, as well as the highest ranking for overall business benefits achieved and the lowest number of technical problems. The annual BPM Partners "Beyond the Hype" Webcast (http://www.bpmpartners.com/events_webinars.shtml) for 2006 recognized that Applix TM1 application customers had the highest level of satisfaction of any of the leading BPM solutions, suites, tools and vendors. Customers using TM1- based applications have won industry awards from several leading publications, including Start Magazine and Business Finance Magazine.
About Applix
Applix (NASDAQ:APLX) is a global provider of Business Performance Management and Business Intelligence applications, based on Applix's TM1. TM1 applications enable continuous strategic planning, management and monitoring of performance across the financial and operational functions within the enterprise. Applix is a founder of the BPM Standards Group (http://bpmstandardsgroup.org/), and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace.
More than 2,200 customers worldwide use TM1 for its tight integration with Excel, real-time response, adaptability, and low total cost of ownership. Delivered by Applix and by a global network of partners, TM1-based applications help customers manage their business performance and respond to the marketplace in real time. Headquartered in Westborough, MA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit http://www.applix.com/.
Applix and TM1 are registered trademarks of Applix, Inc., TM1 Financial Consolidations, TM1 Planning Manager, and TM1 Web are trademarks of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners.
(1) The OLAP Survey 5, Nigel Pendse, 2005
Contact:
Charlotte Locke
Applix
(508) 475-2441
clocke@applix.com
Kelley Kassa
Davies Murphy Group
(781) 418-2406
kkassa@daviesmurphy.com
