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Applix TM1 Delivers First Commercially Available OLE DB Compliant OLAP Engine.


WESTBORO, Mass.--(BUSINESS WIRE)--July 20, 1998--

Applix TM1 Server 7.0 for OLE DB (OLE DataBase) A programming interface for data access from Microsoft. It is a COM object that functions in a similar manner to ODBC, but for every type of data source, not just SQL databases.  for 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.  Enables Enterprises to Make Real-Time Mission-Critical Financial Decisions

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), the leader in real-time online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature.  (OLAP), today announced the availability of Applix TM1 Server 7.0 for OLE DB for OLAP, the only open, real-time OLAP engine for financial decision support across the enterprise. TM1 Server 7.0 for OLE DB implements Microsoft's OLE DB Application Program Interface's (API (Application Programming Interface) A language and message format used by an application program to communicate with the operating system or some other control program such as a database management system (DBMS) or communications protocol. ) core query functionality. Microsoft's API implemented directly into Applix TM1 enables customers to choose from numerous query and analytical tools as well as multidimensional mul·ti·di·men·sion·al  
adj.
Of, relating to, or having several dimensions.



multi·di·men
 browsers.

With Applix TM1 Server 7.0, customers can have immediate access to the most current enterprise data with a front-end reporting tool most familiar for the end-user, providing companies with an OLAP solution that gives the fastest and most informed business decisions possible.

"Applix TM1 Server 7.0 for OLE DB allows users of varying skill levels to access multiple sources of data with a front-end tool that is easy and familiar to them," says Alan Hwang, senior financial analyst at Hewlett-Packard Company. "Applix TM1 gives HP a powerful OLAP tool that allows our global team to consolidate information from numerous sources, greatly reducing our time and effort in retrieving and reconciling data."

Microsoft understands the benefits of Applix TM1 Server 7.0 as well. "We congratulate Applix TM1 on creating an OLE DB compliant engine, broadening the availability of interoperable OLAP solutions," said Steve Murchie, Microsoft product manager. "Applix TM1 Server 7.0 for OLE DB for OLAP will help empower end-users with many more choices in their OLAP capabilities."

Applix TM1 Server 7.0: Instant Analysis Anywhere in the Enterprise

Building on Applix TM1's unique RAM-based OLAP model, TM1 Server 7.0 for OLE DB extends Applix's lead in financial OLAP performance and scalability for profitability analysis, risk management, performance measurement, interactive budgeting, activity-based costing In a business organization, Activity-based costing (ABC) is a method of allocating costs to products and services. It is generally used as a tool for planning and control. This is a necessary tool for doing value chain analysis. , and/or productivity analysis with:

-0-


--   Multi-threading functionality--enables multitasking capabilities
     with synchronized data;

--   Symmetrical Multiprocessing (SMP)--provides limitless scalability
     and better throughput;

--   Multi-user, read/write capabilities--enables instantaneous
     results to changes made anywhere in the OLAP model, by any user;

--   Two-way replication of cubes, dimensions and rules--enables
     interactivity and real-time enterprise and workgroup
     collaboration;

--   User/Group Security--which can be controlled on all objects down
     to the cube level;

--   Persistent Data--allows for optional storage of cubes as tables
     within relational databases.





-0-

"For a company to stay ahead of its competition, it must be able to make immediate decisions to ever-changing business situations," said Susan Stevenson, vice president for Applix TM1. "This requires the fastest possible response to enterprise-wide, budgeting, forecasting and management reporting queries. Only Applix TM1 handles complex, highly dimensional time-critical business models with instantaneous calculations on-the-fly. Now, Applix TM1's OLE DB compliance reduces companies' limitations for financial OLAP by supporting the front-end application of choice for a variety of financial analysts and OLAP users."

Availability and Pricing

Applix TM1 Server 7.0 for OLE DB for OLAP is available immediately through Applix, its resellers and its OEMs. It runs on Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. , Windows 98, Windows 95, Solaris, HP-UX HP's version of Unix that runs on its 9000 family. It is based on SVID and incorporates features from BSD Unix along with several HP innovations.

(operating system) HP-UX - The version of Unix running on Hewlett-Packard workstations.
 and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families.  server platforms, and 32-bit and 16-bit Wintel and Java client platforms. Pricing starts at $25,000 for five concurrent users In computer science, the number of concurrent users for a resource in a location, with the location being a computing network or a single computer, refers to the total number of people using the resource at the same time. .

About TM1: Pioneering RAM-Based OLAP for Enterprise-wide Analysis

Since 1984, TM1 has advanced the art of RAM-based OLAP for real-time analytical processing, targeting the financial OLAP class of applications. Applix TM1 has patented technology that makes real-time OLAP feasible, including calculation in memory, cell-based multidimensional rules, and security. With the introduction of two-way replication, TM1 is the only OLAP environment designed for real-time, collaborative financial applications for workgroups and the enterprise. More than 2,000 companies worldwide benefit from TM1's real-time analytical processing. Without waiting, Applix TM1 delivers results to the hardest questions, and gives users control over vast amounts of rapidly changing data.

About Applix, Inc.

Applix, Inc., (NASDAQ:APLX) headquartered in Westboro, MA, is a leading provider of front-office business solutions for managing customer interaction, real-time decision support, and office productivity across globally networked, extended enterprise environments. Its core offerings, all available as 100% Pure Java Refers to initiatives from Sun that specify 100% compliance with its Java specification. The goal is to maintain a consistent, single interface for Java so that all Java Virtual Machines can run all Java programs. See Holy Grail.  applications, are Applix Enterprise, customer interaction software; Applix TM1, real-time multidimensional analysis In statistics, econometrics, and related fields, multidimensional analysis is a data analysis process that groups data into two basic categories: data dimensions and measurements.  for financial decision support systems; Applixware office solutions; and Applix Anyware, a 100% Pure Java application development and deployment environment. Applix has offices worldwide and can be found on the world wide web at www.applix.com.

All trademarks, registered trademarks, and service marks are property of their respective companies.

    CONTACT: Applix, Inc.
              Ed Harnish
              508/870-0330
              eharnish@applix.com
                or
              The Weber Group
              Leah Goldman/Kevin Anderson
              617-441-4000 x.222/226
              lgoldman@webergroup.com
              kanderson@webergroup.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jul 20, 1998
Words:782
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