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Top 5 reasons to upgrade from IBM TM1

By FRASER ANDERSON posted Fri May 18, 2018 02:19 PM

If it ain’t broke, don’t fix it, right? Well, yes and no. Your company probably had lots of systems and processes that worked just great—back in the day. But you wouldn’t trade them for the tools and capabilities you use today, correct?

In the same way, although we hope that you love IBM TM1, we think you’ll like IBM Planning Analytics even better. Why? Because we took the powerful, multi-dimensional calculation engine of IBM TM1 and added capabilities that can make your planning, budgeting, forecasting and analysis faster and more flexible than ever before. We listened to feedback from TM1 users around the world. And we put everything we learned into IBM Planning Analytics.

An upgrade designed around your needs

IBM Planning Analytics provides a unified Web, Excel, and mobile experience for both finance and non-finance users. It goes beyond automating manual tasks and improving process efficiency. It offers new cognitive capabilities that help you uncover predictive insights directly from internal and external data. Plus, it’s deployable on premises or on the cloud.

Here are 5 more great reasons to upgrade:

  1. IBM Planning Analytics Workspace – the interface that revolutionizes TM1

    Workspace is the customizable interface that is the new face of TM1. It supports reporting, analysis and write-back with an interactive viewer that makes it easy to navigate multi-dimensional cubes and share results with others. This interface has been praised by customers and analysts alike for its ease of use. And with more than 25 different images, charts, maps, and scorecards, Workspace lets you create compelling visualizations quickly. It’s also mobile, so you can work with Workspace books at your convenience, on an iPad or other tablet device.

  2. IBM Planning Analytics for Microsoft Excel

    The IBM Planning Analytics for Microsoft Excel add-on is the successor to IBM Cognos Analysis for Microsoft Excel (CAFE). It gives you Excel access to the IBM TM1 database with superior performance over wide-area networks. It lets you retain full Excel functionality and formatting when moving data between TM1 and Excel, and integrates smoothly with Workspace, sharing a common UX, Cube Viewer, and Set Editor.

    [caption id="attachment_8465" align="alignnone" width="650"] Figure 1: Access through the familiar Microsoft Excel interface.[/caption]

  3. Hierarchies
    The “hierarchies” capability in IBM Planning Analytics provides both technical advantages and business-user benefits. With hierarchies, you’re not limited to the traditional definition of cubes. You have the flexibility to perform in depth, granular analysis, exploring data by attributes such as customer, product, sales program and more. You can model attributes and drill into them without having to create a new dimension or add elements (members) to the hierarchy. You can also see the intersections of several hierarchies within the same dimension, so you can drill down to find data points never before possible.

  4. Planning that’s ready for GDPR

    The European Union’s new General Data Protection Regulation (GDPR) is another very good reason to upgrade. GDPR takes effect May 25, 2018, and it’s important for all of your business processes to be ready. IBM Planning Analytics will be GDPR-ready when the regulation takes effect. Learn more at the IBM GDPR web page:

  5. No long migration process

    New capabilities notwithstanding, upgrades are still a headache, right? Nope, not here. In spite of the solution’s new name, the upgrade to IBM Planning Analytics is not really a migration. You just install it and go, using your current model and mode of operation.

Once again, if you love IBM TM1, we think you’ll like IBM Planning Analytics even better. So, check it out. Learn more about why now is the right time to upgrade, and schedule a 30-minute upgrade strategy call and/or product demonstration with your IBM representative. Visit the IBM Planning Analytics website to learn more about why so many of your peers have already made the switch.

1 comment



Sat March 12, 2022 03:39 AM

To conclude, we're very excited to sail at the new edition of Planning Analytics Workspace 2.0.fifty seven SC to paintings with a few stimulating capabilities along with ‘Predictive Forecasting’, Dynamic and Aesthetic new interfaces and participating agency body of workers to put together Plan and Budget the usage of ‘Application and Plan’ capability. malam lailatul qadar