What is tm1?

TM1, short for IBM Planning Analytics, is a powerful performance management and business analytics tool developed by IBM. It is used by organizations to automate and streamline their planning, budgeting, forecasting, and reporting processes.

TM1 uses a multi-dimensional database structure that allows users to analyze and manipulate data in a simple and intuitive way. It also supports real-time collaboration, allowing multiple users to work on the same model simultaneously.

One of the key features of TM1 is its ability to handle large volumes of data quickly and efficiently, making it ideal for organizations with complex and dynamic planning and forecasting requirements. It also offers advanced modeling capabilities, allowing users to create sophisticated financial models and scenarios.

TM1 can be deployed on-premises or in the cloud, giving organizations the flexibility to choose the deployment option that best suits their needs. It integrates seamlessly with other IBM and third-party software applications, providing a comprehensive solution for performance management and business analytics.

Overall, TM1 is a versatile and robust tool that helps organizations improve their financial planning and analysis processes, make better-informed decisions, and drive business growth.