Applix Helps Put Gold Medal Travel on the Map
31 Juillet 2007 - 12:30PM
Business Wire
Applix, Inc. (NasdaqGS: APLX), a leading business analytics
software solutions provider, today announced that Gold Medal
Travel, the UK�s biggest independent tour operator, is achieving
near real-time budgeting and reporting with the help of its
newly-installed Applix solution. Applix was deployed at Gold Medal
Travel in March 2007 to provide daily statistical reporting and
analysis of sales to airlines, hotels and independent travel agents
across the world.�The combination of Applix, with its in-memory
analytics engine, Applix TM1 and Applix Executive Viewer (EV) with
its self-service analysis and reporting, provides Gold Medal Travel
with a high performance business analytics solution and a
user-friendly interface, enabling employees across all the
divisions, including the call centre, to access and benefit from on
demand budgeting, reporting and analytics. Gold Medal Travel is an
established travel company with more than 30 years of expertise,
600-plus employees and an annual turnover of �350m. It services
more than 600,000 customers each year, providing access to airfares
from more than 130 of the world's leading airlines to 1,500
destinations, 30,000 hotels worldwide and car hire/rental agencies
in more than 50 countries. Applix has the ability to rapidly and
accurately analyse and manage this vast amount of disparate and
complex data on a single platform. �As soon as I joined Gold Medal
Travel in October 2006, I realised that in order to compete with
other market leaders in the travel industry, we needed to upgrade
our old and sluggish systems where information needing to be
processed and analysed required weeks of time-consuming effort,�
commented Steve Bacon, Group Finance Director of Gold Medal Travel.
�Applix was the obvious solution as the application had already
demonstrated its capabilities during my previous experiences with
it at the online home shopping retailer, Littlewoods. EV was a
natural addition to the Applix solution, integrating so simply and
offering the extra support required for an integrated and effective
BI tool. Although it is still in the early stages of deployment,
Applix TM1 and EV are proving a very powerful combination.�
Implementation has only recently been completed at Gold Medal
Travel but the company is already realizing a number of benefits.
Integration with the existing system has been achieved with minimal
disruption and, with the help of Applix partner ICIT, installation
was rapid and straight forward. Martin Richmond-Coggan, VP of EMEA
Applix, explained, �In essence, the Applix solution is in place to
forecast profitability. With Applix, the customer and supplier data
is automatically updated overnight, reducing response time and
manpower. This enables senior executives at Gold Medal Travel the
ability to analyse the data on a timely basis and explore areas
where the company can be even more profitable.� Gold Medal Travel
plans to expand the Applix software user community and to provide
access to the individual passenger data level in addition to the
current hotel and airline levels. About Gold Medal Travel Founded
over 30 years ago, Gold Medal Travel plc is one of the UK�s leading
independent travel companies. Based near Preston, the company has
won several of the travel industry�s highest accolades, including
Best Customer Service (British Travel Awards), Best Tour Operator
to Australia and New Zealand (Travel Trade Gazette Award) and Best
Tour Operator to the Middle East (British Travel Awards &
Travel Trade Gazette Award). Since it began in 1970, the company
has grown to issuing 600,000 tickets per year, making it the
largest single Amadeus ticketing site anywhere in Europe. Gold
Medal International is a fully bonded member of the Association of
British Travel Agents (ABTA V6805) and licensed by the Civil
Aviation Authority (ATOL 2916). About Applix Applix (NasdaqGS:
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 more than 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, Executive Viewer, and TM1
are registered trademarks of Applix, Inc. All other trademarks and
company names mentioned are the property of their respective
owners.
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