Applix’s TM1 Now Supports Windows 2003 x64 Platforms
Enables real-time operational, BPM analysis and reporting on extremely large data sets
WESTBOROUGH, MA -- March 6, 2006 -- Applix, Inc., 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.
“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.”
Sixty-four-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.
Examples of other customers currently using Applix TM1 on 64-bit platforms include:
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;
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;
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. TM1’s memory-centric OLAP (online analytical processing) data management technology has been rated as the fastest in queries and data load/calculations in the OLAP Survey 5 (see Note 1 below).
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’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.
Applix 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://www.bpmstandardsgroup.org), and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace. For more information about Applix, please visit http://www.applix.com
Any statements in this press release about future expectations, plans and prospects for the Company, including any statements containing the words “believes,” “anticipates,” “plans,” “expects,” and similar expressions, constitute forward-looking statements. Forward-looking statements necessarily involve risks and uncertainties, and actual results could differ materially from those indicated by such forward-looking statements as a result of various important factors. 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, 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 most recent Form 10-K or 10-Q under the heading "Risk Factors"/"Factors That May Affect Future Results." In addition, 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.
©2006 Applix, Inc. All rights reserved. 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.
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Note 1: The OLAP Survey 5, Nigel Pendse, 2005; http://www.survey.com/olap/