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…Leading Automotive Manufacturer Standardises on Hyperion's Business Intelligence Solutions as Next Step of Revival Plan…
SUNNYVALE Calif. And TOKYO, Japan - February 13, 2002 - Hyperion, (NASDAQ: HYSL) a global leader in business intelligence software, today announced that Nissan Motor Co., Ltd. one of the world's leading car manufacturers, has standardised on Hyperion's business intelligence solutions as part of its global business performance monitoring system.
The implementation will consist of a common repository and underlying system to help Nissan drive budgeting, planning and analysis of managerial data globally across more than 300 business units in over 20 countries. Nissan's implementation will be based on the latest Japanese language versions of Hyperion Essbase, Hyperion Planning and Hyperion Analyzer.
Nissan Motor has achieved remarkable improvements in business performance, under the leadership of Carlos Ghosn, its president and chief executive officer. The company has implemented a comprehensive performance recovery plan known as the 'Nissan Revival Plan (NRP)', designed to move the company toward sustained profitability and growth. In order to achieve this, Nissan needed a business intelligence solution to help manage the company's planning and budgeting processes.
Nissan selected Hyperion because of its recognized leadership in business intelligence solutions, and its expertise in helping meet the financial monitoring and performance management needs of global companies. Hyperion also has a proven ability to deploy and support world-class solutions to Japanese businesses and the automobile industry.
Mr. Thiery Moulonguet, chief financial officer at Nissan Motor Co., Ltd. said, "We firmly believe that Hyperion's business intelligence solutions provide a key element in Nissan's efforts to improve enterprise wide business performance management."
"Global manufacturing companies are increasingly turning to Hyperion business intelligence solutions to drive performance improvements," said Godfrey Sullivan, president and chief operating officer of Hyperion. "This is especially true for manufacturers such as Nissan, that need a business intelligence solution that scales to support their needs across a very large and very complex enterprise. It is very gratifying that Hyperion will be an integral component of the Nissan Revival Plan."
Hyperion, a global leader in business intelligence software, creates solutions that help businesses measure performance and drive profitability. Its flagship product, Hyperion Essbase, as well as its financial and business performance management and eCRM analysis solutions are used by more than 6,000 companies around the world. Hyperion has a network of more than 400 strategic partners to provide innovative business intelligence solutions, specialised applications and services.
Headquartered in Sunnyvale, California, Hyperion reported annual revenues in fiscal 2001 of more than 0 million. The company has more than 2,300 employees in 20 countries and is also represented in 16 other countries through distributor relationships.
For more information, please visit http://www.hyperion.com/uk, e-mail email@example.com or call 01784 228000.
Hyperion, the Hyperion "H" logo, and Essbase are registered trademarks and Hyperion Analyzer, and Hyperion Solutions are trademarks of Hyperion Solutions Corporation. All other trademarks and company names are the property of their respective owners.
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