Is it time to move to TM1 on the cloud ?

IBM recently announced that IBM Planning Analytics TM1- is now available as a service on the AWS. This means that one of the worlds best Enterprise grade Planning, Budgeting, Analytical, Modelling and reporting solution is available as a fully managed deployment via AWS.

This builds upon the existing Planning Analytics on the IBM cloud that has been available for few years. Almost all the new implementations we do is on the cloud nowdays. However there is still a number of install base that is on a on-premise version of the software. This newsletter is for them.

Why would you considder moving your TM1 to the cloud ?

Most organisations have a cloud first approach. This allows them to harness the scalability, better security and speed of deployment. We have seen a signifiant move towards cloud from existing sites.

• Cost Optimisation When doing your cost analysis its improtant to consider the total cost of ownership of on premise application. In addition to the licence cost you have to take into account the cost of hardware, cost from IT to maintain the the application, Cost of upgrades and patching of the infrastructure. In our experience all our customers had a lower Total cost of ownership for the cloud version of the application. (You can request our calculator to do this)

• Performance Improvement: In all our testing the Saas Version was faster than clients on-premise version. The infrastructure and the application is always running at a optimum level. IBM will apply credit for any downtime you may face.
• Security Updates: Keeping your TM1 environment up to date ensures you're protected against potential security vulnerabilities. On premise applications are managed by Finance and IT internally. Saas Versions are run out of fully secure IBM datacentres.
• Enhanced Features: Each TM1 release introduces new features and capabilities that can empower your team and improve your decision-making processes. New features and updates are dropped approximately every 6 weeks. Your version never gets out of date.
• Flexibility: IBM PA on the cl;oud gives you a planning Solution that can grow with you . Increase data volumes, number of users, or planning models without impacting performance. This flexibility allows users to build and change plans based on business processes.

What is Octane doing to help you migrate to the cloud ?

When we spoke to sites that are still running a on premise version we found that there were 2 main barriers they faced in migrating to the cloud. One was the cost of migration (most understood that ongoing cost was cheaper on the cloud). The second reaon was the risk of migration. Cost was based on what they have paid in past to consultants or vendors to upgrade.

We have decided to bring out our Fixed-Price Upgrade offer, This eliminates both the barriers of upgrading. Octane will take on and upgrade you to the Cloud for a fixed price. We have done so many of these upgrades and have built up a wealth of knowledge on the process. We have a set of detailed proprtirty checklist we use to upgrade to ensure that there is minimal risk and downtime for the clients.

The Benefits of IBM Planning Analytics TM1 Fixed Price Upgrade:

1. Cost Predictability: Say goodbye to budget uncertainty. Our Fixed Price Upgrade means you'll know exactly how much your upgrade will cost, with no hidden fees or surprises.
2. Seamless Transition: We understand that downtime can be costly. Our experienced team ensures a smooth transition to the latest TM1 version, minimizing disruptions to your daily operations.
3. Expert Guidance: With years of TM1 expertise under our belts, our consultants provide expert guidance throughout the upgrade process, ensuring you leverage all the new features to their fullest potential.
4. Improved Performance: Experience improved TM1 performance, allowing you to work more efficiently and effectively.
5. Post-Upgrade Support: Our commitment to your success doesn't end with the upgrade. Our team is here to assist you with any questions or issues that may arise post-upgrade, ensuring you get the most out of your newly optimized TM1 environment.

What's Included in Our Fixed Price Upgrade:

• Comprehensive Assessment: We start with a detailed assessment of your current TM1 environment, identifying areas for improvement.
• Customized Upgrade Plan: Based on our assessment, we create a customized upgrade plan tailored to your organization's unique needs.
• Thorough Testing: We leave no stone unturned. Our team conducts comprehensive testing and quality assurance to ensure a seamless transition.
• Knowledge Transfer: Your team will receive the knowledge and training needed to make the most of the upgraded TM1 environment.
• Ongoing Support: We're here for you even after the upgrade is complete, ready to assist with any questions or issues that may arise.

Get Started Today

Before we delve into the specifics of our Fixed-Price Upgrade offer, let's briefly explore why upgrading your TM1 environment is crucial.

Don't let an outdated TM1 environment hold your organization back. Upgrade with confidence and stay ahead of the competition with Octane Solutions' Fixed Price Upgrade.

Do you want to know if you qualify for the upgrade? Book a free discovery call now!

Act fast, as this Fixed Price Upgrade offer won't last forever. Secure your spot today and unlock the full potential of your TM1 environment.