Harman Patil (Editor)

Applix

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry
  
Computer Software

Owner
  
IBM

Founded
  
1983

Area served
  
Worldwide

Founder
  
Jit Saxena

Applix httpsrescloudinarycomcrunchbaseproductioni

Fate
  
Acquired by Cognos, October 25, 2007; Acquired by IBM, January 31, 2008

Products
  
Applix TM1 Applix Web Applix Executive Viewer Applix Business Analytics Platform

Website
  
www-01.ibm.com/software/analytics/cognos/

Headquarters
  
Westborough, Massachusetts, United States

Applix Inc. was a computer software company founded in 1983 based in Westborough, Massachusetts that published Applix TM1, a MOLAP database server, and related presentation tools, including Applix Web and Applix Executive Viewer. Together, Applix TM1, Applix Web and Applix Executive Viewer were the three core components of the Applix Business Analytics Platform. (Executive Viewer was subsequently discontinued by IBM.)

Applix did business in over 50 countries with over 3,000 customers worldwide.

On October 25, 2007, Applix was acquired by Cognos. Cognos rebranded all Applix products under its name following the acquisition. On January 31, 2008, Cognos was itself acquired by IBM.

Prior to OLAP industry consolidation in 2007, Applix was the purest OLAP vendor among publicly traded independent BI vendors, and had the greatest growth rate. TM1 is now marketed as IBM Cognos TM1 and the latest version, IBM Cognos TM1 10.2, became publicly available on September 13, 2013.

Products and technology

IBM Cognos TM1 (formerly Applix TM1) is enterprise planning software used to implement collaborative planning, budgeting and forecasting solutions, as well as analytical and reporting applications. Data in IBM Cognos TM1 is stored and represented as multidimensional cubes, with data being stored at the "leaf" level. Computations on the leaf data are performed in real-time (for example, to aggregate numbers up a dimensional hierarchy). IBM Cognos TM1 also includes a data orchestration environment for accessing external data and systems, as well as capabilities designed for common business planning and budgeting requirements (e.g. workflow, top-down adjustments).

New features added to IBM Cognos TM1 9.5 include TM1 Contributor, which combines an OLAP engine with the enterprise planning capabilities of IBM Cognos Planning in a Web-based client. Other features include an "Undo/Redo" capability that lets users store a collection of data value changes and walk back through the actions to undo them; pick lists for cells to reduce the amount of data entry performed; sandboxes for creating personal modeling scenarios, and data entry shortcuts.

References

Applix Wikipedia