TM1 (Applix) In-Memory Architecture wins the bid!
Sanjeev Datta, Senior Consultant for PerformanceG2
With IBM Cognos acquiring TM1 (formerly Applix), there have been numerous case studies lately all over blog sites displaying how TM1 has helped various clients achieve phenomenal success.
Particularly, I found one case study very interesting: TM1 was used as a sales and reporting engine to feed the needs of a global sales audience – breaking away from the norm of implementing TM1 for a financial/accounting/budgeting purpose.
Microchip Technology, Inc., reviewed TM1 (Applix) and its competitors only to be impressed by TM1′s” in-memory architecture” which enabled
1. Faster Load Times
2. Faster Query Responses
3. Near Real Time Data
With its success, Microchip has just started using TM1 for its financial needs.
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