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On February 7, 2012, IBM Cognos released the newest version of TM1: TM1 10.1. TM1 has been around for a very long time but has really only recently come to be recognized as the premier planning tool for any size business.

Its only criticism was that unlike its sibling Enterprise Planning (EP)  it was not an “out of the box” solution that the finance department could run independent of its own IT department.  In fact, it gave rise to a somewhat symbiotic relationship between IT and Finance because of the scripting involved in applying rules to a cube and importing data through a Turbo Integrator or manually coded process. That said, I believe all this has changed with this release (10.1) of TM1. Read more