CP Group Chooses Applix TM1 For More Flexible And Versatile Planning And Analysis
15 Mai 2007 - 2:30PM
Business Wire
Applix, Inc. (NasdaqGS: APLX), a leading business analytics
software solutions provider, today announced it has been chosen by
the CP Group Ltd, one of the UK�s biggest tile and stone suppliers,
to supply Applix TM1 for planning and analysis to the
Yorkshire-based company. Applix TM1 will be used to collate data,
currently being held across several different systems including
product lists, customer databases and sales reporting. By
implementing TM1, data will be pulled into one comprehensive
database, allowing the company to analyze product margins from any
area of the business at the touch of a button. TM1 will be integral
in providing crucial statistics and data as part of a new product
costing system being developed internally. On choosing Applix TM1,
James Clarkson, Group Finance Director for the CP Group commented,
�Applix TM1 has more flexibility and options than other comparable
applications.� Mr Clarkson successfully used Applix at a previous
company where it was fundamental in transforming the business from
a loss making position to a profitable one by helping drive through
price increases and cost reduction initiatives. �I hope to
reproduce the information and drive the profits forward. At my
previous company, TM1 provided the platform for all the company�s
business intelligence and within a short period of time, the
results spoke for themselves.� The Applix solution will work
alongside CP Group�s existing reporting applications where it will
provide the response engine to process and analyze large volumes of
data very quickly. It will give the company the flexibility to
upgrade modules of its current ERP system while leaving TM1 as the
seamless front end reporting. Through Applix TM1�s in-memory
processing, CP Group will also be able to analyse within seconds
the impact of financial results at different points through the
year. This will allow CP Group to identify exactly where the profit
is coming form at any given time, allowing the company to use this
information to its full potential. �CP Group can now focus on
developing its new product costing system in a faster and more
flexible way, which will in turn help the company become more agile
and cost effective within a short period of time,� said Martin
Richmond-Coggan, Vice President, EMEA, Applix. About CP Group CP
Group is the UK�s largest tile and stone manufacturer and
distributor. With decoration at its heart, it is able to offer a
complete service to all market sectors. The Company has its own
design, product development, and manufacturing and distribution
operation in West Yorkshire, producing over 30,000 decorative tiles
a day and last year, provided over eight million square metres of
tile and stone to the UK and the USA markets, via a 200,000 square
foot distribution centre. Through the rich combination of
expertise, customer focus and continuous investment, CP Group
caters for all customer needs, from bespoke low volume high-value
decorative orders to the largest volumes demanded in a competitive
fast-moving market, always delivering outstanding quality and
value. For more information, please visit www.cpgroupuk.com. About
Applix Applix (NASDAQ: APLX) empowers agile enterprises by offering
the only complete Business Analytics software solution. The Company
is focused exclusively on providing a single, cohesive Performance
Management and Business Intelligence solution, with strategic
planning, forecasting, consolidations, reporting and analytics
across financial, operational, sales and marketing, and human
resources departments. The Applix platform, powered by the renowned
TM1 analytics engine, reaches farther, deploys easier, and reacts
faster than any business analytics solution available today. Applix
and its global network of partners help 3,000 customers worldwide
manage their business performance and respond proactively to the
marketplace. Headquartered in Westborough, MA, Applix maintains
offices in North America, Europe and Asia Pacific. For more
information, please visit www.applix.com Any statements in this
press release about future expectations, plans and prospects for
Applix, Inc., including any statements containing the words
�believes,� �anticipates,� �plans,� �expects,� and similar
expressions, constitute forward-looking statements. Forward-looking
statements necessarily involve risks and uncertainties, and actual
results could differ materially from those indicated by such
forward-looking statements as a result of various important
factors. Factors that could cause or contribute to such differences
include without limitation, competitive pressures, changes in
customer demands, adverse economic conditions, loss of key
personnel, litigation, potential fluctuations in quarterly results,
lengthy sales cycles, market acceptance of new or enhanced products
and services, factors affecting spending by customers and other
risks, uncertainties and factors including those described in the
Company's most recent Form 10-K or 10-Q under the heading "Risk
Factors"/"Factors That May Affect Future Results." In addition, the
forward-looking statements provided by the Company in this press
release represent the Company's views as of the date of this
release. The Company anticipates that subsequent events and
developments may cause the Company's views to change. However,
while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically
disclaims any obligation to do so, and these forward-looking
statements should not be relied upon as representing the Company's
views as of any date subsequent to the date of this release. �2007
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.
Applix (MM) (NASDAQ:APLX)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Applix (MM) (NASDAQ:APLX)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024