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Applix Named in the 2004 METAspectrum for Business Performance Management

  • 12 May, 2004 08:44

<p>Applix Cited as an Emerging Solution Provider in Comprehensive BPM Evaluation</p>
<p>SYDNEY—12 May, 2004— Applix, Inc., a global provider of Business Intelligence (BI) and Business Performance Management (BPM) software solutions, today announced that it has been named an emerging solution provider in META Group’s recently released METAspectrumSM for Business Performance Management.</p>
<p>META Group is a leading research and consulting firm that focuses on information technology and business transformation strategies. The new METAspectrum evaluation provides an objective assessment of companies offering Business Performance Management solutions.</p>
<p>The Applix TM1 business intelligence analytical engine powers a suite of strategic planning, analysis, reporting and performance-management solutions used by more than 1,700 companies worldwide. TM1 is a proven, multidimensional analytics platform for strategic analysis of consolidated financial, transactional, and operational data from ERP systems such as SAP and PeopleSoft. Customers rely on TM1 for its tight integration with Excel, easily configured applications, real-time ‘what-if’ analytics, and low total cost of ownership.</p>
<p>“Our recognition in the 2004 METAspectrum demonstrates the tremendous progress Applix made in the business performance management market during 2003,” said Tim Wright, vice president, Asia Pacific, Applix. “The real-time analytics and ‘what-if’ scenario capabilities of TM1 and the addition of TM1 Web to our solutions portfolio position us well in the BPM market for 2004 and beyond.”</p>
<p>About METAspectrum
METAspectrumSM evaluations from META Group (Nasdaq: METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum delivers comprehensive evaluations of both technology markets and vendor product offerings. There are multiple market evaluations planned for release in 2004 and beyond. METAspectrum evaluations are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view complete market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum.</p>
<p>METAspectrumSM market evaluations and results are the sole property of META Group, Inc. and are Copyright © 2004 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product.</p>
<p>About Applix
Applix (NASDAQ: APLX) is a global provider of Business Intelligence and Business Performance Management solutions. These solutions, based upon the TM1 planning platform, enable the continuous management and monitoring of performance across the financial, operational, customer and organisational functions within the enterprise. More than 1,700 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, MA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit www.applix.com.</p>
<p>©2004 Applix, Inc. All rights reserved. Applix and TM1 are registered trademarks of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners.</p>
<p>- Ends -</p>
<p>For further information contact:
Kate Marshall / Graham Porter
Resolution Marketing Services
(612) 9431 9814 / 9810
kmarshall@resolutionmarketing.com.au / grahamp@resolutionmarketing.com.au</p>

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