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Applix Listed in Gartner's Magic Quadrant for Business Intelligence

  • 11 May, 2004 12:04

<p>Renewed Focus on Business Intelligence Platforms Cited</p>
<p>SYDNEY—11 May, 2004— Applix, Inc., a global provider of Business Intelligence (BI) and Business Performance Management (BPM) software solutions, today announced its first appearance on Gartner, Inc.’s Magic Quadrant for Business Intelligence Platforms, 1H04[1]. This inclusion builds on Applix’s entry in Gartner’s Magic Quadrant for Corporate Performance Management 2H03[2].</p>
<p>“Since early 2003, Applix has focused entirely on business intelligence and corporate performance management solutions based on our award-winning and market proven technology, TM1,” said Tim Wright, vice president, Asia Pacific, Applix. “This past year, with the addition of TM1 Web, more planning features for user teams, and new features that ease deployment and management for IT, TM1 has emerged as the best multidimensional, real-time read-write tool for building interactive planning, budgeting and forecasting solutions. As our customers and community of partners already know, TM1-based solutions provide strategic value and rapid return on investment for organisations of all sizes.”</p>
<p>In addition to the Magic Quadrants for Enterprise BI Suites and BI Platforms, the report also cites Gartner Dataquest research pointing to a 5.5 percent growth in the BI market in 2003. Gartner suggests, “2004 will be a year of strong growth in the BI market.” The report, authored by Howard Dresner, Bill Hostmann, Alan Tiedrich and Frank Buytendijk is available on www.gartner.com [3].</p>
<p>About Applix TM1
TM1 is a proven, planning platform for planning, budgeting, and forecasting solutions. Solutions built on TM1 enable customers to continuously manage and monitor the performance of their financial, operational functions, with views of past performance, the current state of the business, and opportunities for the future. TM1 scored the highest rating in goal achievement and performance in Nigel Pendse's OLAP 3 Survey (www.survey.com/olap).</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>[1] Gartner, Inc., “Magic Quadrant for Business Intelligence, 1H04,” H. Dresner, B. Hostmann, A. Tiedrich, F. Buytendijk, B. Wood, April 2004.</p>
<p>[2] Gartner, Inc., “Corporate Performance Management Magic Quadrant, 2H03,” L. Geishecker, F. Buytendijk and B. Wood, October 2003.</p>
<p>[3] The Magic Quadrant is copyrighted April 2004 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.</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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