Applix Announces Certified TM1 Integration with SAP Business Intelligence for Increased Performance and Improved Business Planning, Performance Management and Reporting.WESTBOROUGH, Mass. -- Applix, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : APLX), a global provider of Business Intelligence (BI) and Business Performance Management (BPM) solutions, today announced its has received certification for the integration of its flagship BI tool, TM1(R), with SAP(R) Business Information Warehouse (SAP BW), the core component of SAP Business Intelligence (SAP BI), itself a component of the SAP NetWeaver(TM) platform. This integration and certification enables SAP BW customers to easily include TM1 in their Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and BI solutions for even faster analytics and easier-to-use planning, budgeting, reporting and performance management capabilities. "SAP BW can access and store massive amounts of historical and current ERP and other data," said David Menninger, vice president, worldwide marketing, Applix, Inc. "The integration of TM1 and SAP BW gives users a greater opportunity to work with the information stored in SAP BW, deriving further value from their entire ERP investment." The TM1 platform, complementary to SAP BW, is known for helping enterprises achieve a high level of their business goals by: --Delivering greater performance through faster query, load and recalculate re·cal·cu·late tr.v. re·cal·cu·lat·ed, re·cal·cu·lat·ing, re·cal·cu·lates To calculate again, especially in order to eliminate errors or to incorporate additional factors or data. times; --Providing tools -- on a single platform -- for budgeting, business planning and modeling and reporting; --Offering users a familiar and easy environment in which to work - Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. and Excel via the Web. "Large enterprise data warehouses, such as SAP BW, can be a 'treasure trove' of operational and transactional information for global ERP customers," said John Van Decker, senior vice president at META Group, a leading provider of IT research, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal and strategic consulting. "Complementary third-party business performance management tools for accessing and analyzing this information can help these companies to more accurately and consistently plan for and manage their businesses." SAP BW and TM1 for Business Modeling, Planning and Forecasting With SAP BW providing the critical business information, TM1 enables users to quickly build powerful models with minimal demands on IT resources. These models are used easily by financial analysts, line of business managers and executives through TM1's use of Excel. SAP BW and TM1 for Reporting SAP BW and SAP Business Explorer Analyzer (the Excel reporting and analytics capability of SAP BI) deliver the bulk of information - from historical to current, static to transactional - and TM1 delivers flexible and easy-to-use report designs. Additionally, since TM1 provides a "single version of the truth In computerized business management, svot, or Single Version of the Truth, is a technical concept describing the sequence and structure of a database formed by a particular but arbitrary sequencing of records. ," it offers users the ability to view and change information, upon permission, and records the stored information. TM1 delivers a direct connection to ERP and general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. resources for timely access to data. TM1 also provides a built-in audit trail of changes made to the data. Pricing and availability The certification, effective immediately, is available in TM1 8.3 and provides out-of-the-box interoperability through the ODBO ODBO OLE DB for OLAP interface of SAP BW 2.0 and higher. SAP BW remains the "single source of the truth" and SAP BW and TM1 information always balance. The TM1 interface to SAP BW starts at $25,000. Applix TM1 Applix's TM1 is a proven, multi-dimensional business planning, reporting and analytics platform for powering strategic analysis of financial, transactional, operational and other business data. TM1 has been named as a leader in the tools category of the BPM Partners' annual "Beyond the Hype" webcast and the BPM Buyer's Guide in Business Finance Magazine (http://www.bpmpartners.com/events_webinars.shtml), and scored the highest rating in goal achievement and performance in The OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. Survey 3 (www.survey.com/olap) by independent analyst Nigel Pendse Nigel Pendse is OLAP analyst and the lead person responsible of The OLAP Report and The OLAP Survey, and is an advisor and speaker on a variety of OLAP related subjects. Previously, he had worked both as a user and then in a variety of roles as a salesperson of business . Applix also provides TM1 Planning Manager to provide workflow and compliance capabilities for all TM1-based applications and TM1 Web, a Web-enabled front end for global and remote read/write capabilities of BI and BPM applications. About Applix Applix (NASDAQ: APLX) is a global provider of Business Intelligence and Business Performance Management solutions. These solutions, based on Applix's TM1 analytics platform, enable the continuous planning, management and monitoring of performance across the financial and operational functions within the enterprise. Applix is a founder of the BPM Standards Group (www.bpmstandardsgroup.org), and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace. More than 1,800 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 solutions 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and the Pacific Rim. For more information about Applix, please visit www.applix.com. This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements concerning future plans or results are only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include without limitation, competitive pressures, changes in customer demands, adverse economic conditions, loss of key personnel, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , potential fluctuations in quarterly results, lengthy sales cycles, market acceptance of new or enhanced products and services, factors affecting spending by customers and other risks, uncertainties and factors including those described in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2003 under the heading "Risk Factors" and its most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. under the heading "Factors That May Affect Future Results." The forward-looking statements provided by the Company in this press release represent the Company's views as of the date of this release. The Company anticipates that subsequent events and developments may cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, and these forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this release. (C)2004 Applix, Inc. All rights reserved. Applix and TM1 are registered trademarks of Applix, Inc. TM1 Planning Manager and TM1 Web are trademarks of Applix, Inc. SAP, SAP NetWeaver and all SAP product and service names mentioned herein are trademarks or registered trademarks of SAP AG in Germany and several other countries around the world. All other trademarks and company names mentioned are the property of their respective owners. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion