What consolidation or planning tools are based on TM1?

Post Reply
Learn_TM1
Posts: 42
Joined: Mon Sep 21, 2015 2:24 pm
OLAP Product: Cognos TM1
Version: 10.2.2
Excel Version: Excel 2010

What consolidation or planning tools are based on TM1?

Post by Learn_TM1 »

Hi guys,

I would like to ask if there are some consolidation or planning tools are based on TM1? How are they integrated with TM1?

Thanks a lot.

Best regards,

Learn_TM1
User avatar
qml
MVP
Posts: 1097
Joined: Mon Feb 01, 2010 1:01 pm
OLAP Product: TM1 / Planning Analytics
Version: 2.0.9 and all previous
Excel Version: 2007 - 2016
Location: London, UK, Europe

Re: What consolidation or planning tools are based on TM1?

Post by qml »

I guess that depends on what you mean by the word 'tool'. In one interpretation (tool = platform), TM1 is a consolidation/planning tool (among other things). In another interpretation (tool = solution), you can build such tools (applications, models) in/using TM1.
Kamil Arendt
Learn_TM1
Posts: 42
Joined: Mon Sep 21, 2015 2:24 pm
OLAP Product: Cognos TM1
Version: 10.2.2
Excel Version: Excel 2010

Re: What consolidation or planning tools are based on TM1?

Post by Learn_TM1 »

Hi Kamil,

Thanks for your reply. You mean that TM1 itself is one stand alone consolidation/planning tool. I just need to develop corresponding cubes, dimensions, rules, TI processes, application reports to realize the consolidation function as required. There is no other ready applications based on TM1 to do consolidate or plan.

Best regards,

Learn_TM1
User avatar
qml
MVP
Posts: 1097
Joined: Mon Feb 01, 2010 1:01 pm
OLAP Product: TM1 / Planning Analytics
Version: 2.0.9 and all previous
Excel Version: 2007 - 2016
Location: London, UK, Europe

Re: What consolidation or planning tools are based on TM1?

Post by qml »

Learn_TM1 wrote:There is no other ready applications based on TM1 to do consolidate or plan.
It's a little more complicated than that.

Typically you develop your planning/consolidation application in TM1 from A to Z. However, there are companies out there that offer out-of-the-box solutions based on TM1. They would come on site with a blueprint or even a working model and then adjust it to your needs. This can make sense if your business is very typical and your implementation budget is constrained.

This isn't however the implementation path of choice for most customers, who instead usually opt for something more bespoke built for them from scratch (although even then most consultants reuse code to some extent).
Kamil Arendt
Post Reply