MCI Consultants, the leading distributor for Applix`s TM1 product in South Africa, today announced that the latter has been named to the Intelligent Enterprise Editor`s Choice Awards, `Companies to Watch` list for the second year in a row.
This recognition from an influential trade magazine comes on the heels of several other high rankings from important industry influencers, including BPM Partners and Nigel Pendse in The OLAP Survey 5.
In this year`s listing, included in the May 1 issue of Intelligent Enterprise, Applix TM1 is cited for its in-memory capability and `thoughtful understanding of the challenges get customers over the (scalability) wall`. Applix TM1`s unique ability to calculate and recalculate data up to one million times faster than conventional BPM technology, it enables companies to rapidly ask all levels of `what-if` questions about their business against highly variable layers of information.
"Given the global economy, businesses cannot wait hours for their performance management system to respond to their toughest, most complicated business questions. What ground could they lose to competitors or what event could overtake the company if they can`t answer hard questions on demand?" commented David Menninger, vice-president of worldwide product management and marketing.
"To be effective, performance management applications must enable decisions as rapidly as the business environment changes. TM1 is the only performance management application available with memory-based technology to provide optimal response times, and this differentiating capability is being recognised in the Intelligent Enterprise`s `Companies to Watch` list."
"As performance management applications expand and evolve, they are taking a highly visible and strategic role within organisations," added David Stodder, editorial director of Intelligent Enterprise and the primary author of the annual editor`s choice feature. "The visibility of these applications, combined with the added numbers of users is increasing the scalability demands on the core technologies. TM1`s technology is helping those organisations who hit the scalability wall."
TM1`s in-memory capabilities go far beyond adding scalability to deliver concrete results for vital business questions. For example:
* 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 TM1 for a wide variety of reporting, analysis and planning applications, including the immensely complex business problem of modelling 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` modelling in multiple scenarios.
* An international airline`s cargo division uses TM1 for customer planning, customer profitability, freight letter analysis, point-to-point parcel optimisation and scheduling.
Applix TM1
Applix`s TM1 is a complete performance management application, delivering strategic business planning, budgeting, reporting and analytics for powering analysis of financial, operational, transactional and other business data. Customers using TM1-based applications have won industry awards from several leading publications, including Start Magazine and Business Finance Magazine.
Intelligent Enterprises
Published in print and online, CMP Media`s LLC`s Intelligent Enterprise is the only magazine dedicated to helping organisations plan and deploy strategic business applications that turn information into intelligence. Intelligent Enterprise empowers 80 000 business application analysts, architects and managers charged with unlocking and delivering the strategic value of information so their organisations can model, develop and improve enterprise business processes and drive excellence through operational decision-making.
Intelligent Enterprise content offers a unique focus on how to apply leading-edge technologies to sharpen such business objectives as improving the customer experience, developing smarter marketing campaigns, streamlining supply chains, detecting high-risk or fraudulent activity and creating effective, performance-driven enterprises. Along with print and online content, Intelligent Enterprise delivers expert coverage and strategic IT leadership through Webinars, conferences, e-newsletters and more.
For further information, please contact Aliki Droussiotis, MCI: telephone (011) 454 3420, fax (011) 454 3417, e-mail aliki@mci.co.za.
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Applix is a global provider of business intelligence and business performance management solutions. These solutions enable the continuous management and monitoring of performance across the financial, operational, customer and organisational functions within the enterprise. More than 2 000 customers worldwide use Applix`s adaptable, scalable and real-time solutions, delivered by Applix and by a global network of partners, to manage their business performance and respond to the marketplace in real-time. Headquartered in Westborough, Massachusetts, USA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit www.applix.com.
MCI Consultants
MCI Consultants is a South African-based business information systems consulting firm specialising in providing software solutions to the business community, specifically to the financial services and personnel recruitment industries.
It offers a complete solution, which can include project management, consulting services, installation, training and support, packaged software implementations, product development including e-commerce solutions, hardware supply, installation and design services.
The company`s approach is to continuously provide solutions to meet clients` changing requirements. It takes pride in delivering excellent customer service and building lasting partnerships with clients.
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