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Integration with Siebel 7 Delivers Rich, Real-Time Enterprise Insight to
Business Performance Management
EGHAM, UK; April 25, 2002 – Hyperion (Nasdaq: HYSL), a global leader in business performance management, today announced the successful integration between Hyperion Essbase XTD Business Intelligence Platform and Siebel Analytics 7. The validated Hyperion Essbase XTD and Siebel Analytics 7 solution delivers unprecedented insight into the dynamics that help companies improve their business performance and planning processes.
Hyperion and Siebel Systems made the announcement at Hyperion’s Solutions 2002 user conference, believed to be the largest single gathering of business performance management users and experts in the world.
Hyperion Essbase XTD Business Intelligence Platform underpins Hyperion’s Business Performance Management Suite, enabling an enterprise-wide process for setting goals; managing plans; measuring results; and driving visibility on financial, supply chain, channel, and organisational performance.
Siebel Analytics 7 provides a set of analytical applications that leverages all enterprise data and that delivers to all employees prebuilt, actionable, and intelligent dashboards incorporating industry best practices for marketing, sales, service, and industry verticals. When combined, Hyperion Essbase XTD leverages Siebel Analytics 7’s real-time, actionable customer intelligence, enabling customers to better plan, model, and evaluate the dynamics that affect their business performance.
“Our customers are looking to extend and enhance the capabilities of their operational enterprise applications,” said John Pierson, Vice President Global Channels at Hyperion. “Siebel Systems and Hyperion are providing business software solutions that analyse customer data in a way that both evaluates past performance and predicts future success.”
“Hyperion’s validation is a strong confirmation of Siebel Systems’ open architecture,” said Catherine Cherubino, Senior Managing Director, Alliances for Siebel Systems. “Now Hyperion Essbase XTD can provide insight from Siebel eBusiness Applications and other enterprise data sources, allowing joint customers to better manage and model their critical business dynamics and understand the factors affecting business performance.”
The Hyperion Essbase XTD Platform helps companies align disparate parts of an enterprise, giving managers a single set of facts on which to base analyses and model various scenarios and decisions, as well as a way to map company objectives and strategies to day-to-day operations.
Siebel Systems’ validation of the integrations between Hyperion Essbase 6.2 and Hyperion Essbase Integration Services 6.5 of Hyperion Essbase XTD with Siebel Analytics 7 is the latest advancement in the companies’ strategic alliance. The Siebel Validation Program applies rigorous technical scrutiny to evaluate the integration of third-party solutions with Siebel eBusiness Applications. Integrations that meet the rigorous standards of Siebel Systems’ testing criteria are validated and documented by the Siebel Alliance Program.
Hyperion, a global leader in business performance management software, creates solutions that help companies measure performance and drive profitability. Hyperion’s Business Performance Management Suite of packaged and tailored applications and its open, integrating business intelligence platform, Hyperion Essbase XTD, enable companies to set goals, model and plan performance, monitor and report key results, analyse underlying business drivers and anticipate future performance of core business activities. Hyperion products are used by more than 6,000 customers around the world to enable financial, organisational, customer relationship, supply chain and channel performance management. Hyperion has a network of more than 400 partners to provide innovative and specialised business performance management solutions and services.
Headquartered in Sunnyvale, California, Hyperion generated annual revenues of more than 0 million in fiscal 2001. The company employs more than 2,300 people in 20 countries and is represented in 16 additional countries through distributor relationships. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit http://www.hyperion.com/uk, e-mail email@example.com or call 01784 228015.
About Siebel Systems
Siebel Systems, Inc. (Nasdaq: SEBL) is the world’s leading provider of eBusiness applications software. Siebel Systems provides an integrated family of eBusiness applications software, enabling multichannel sales, marketing, and customer service systems to be deployed over the Web, in call centers, in the field, through reseller channels, and across retail and dealer networks. Siebel Systems’ sales and service facilities are located in more than 32 countries. For more information, please visit Siebel Systems’ Web site at http://www.siebel.com .
Except for the historical information contained herein, this press release contains forward-looking statements that involve risk or uncertainties. Future operating results of Siebel Systems may differ from the results discussed or forecasted in the forward-looking statements due to factors that include, but are not limited to, risks associated with customer relations, such as the availability of Siebel Systems’ products and services, customer implementation of products and services, relationships with customers, third-party vendors and systems integrators, concentration of revenues in a relatively small number of customers, existence of errors or defects in products, ability to successfully manage growth, significant current and expected additional competition, and the need to continue to expand product distribution and services offerings. Further information on potential factors that could affect the financial results of Siebel Systems are included in Siebel Systems’ Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and its other filings with the Securities and Exchange Commission, which are available at http://www.sec.gov . Siebel Systems assumes no obligation to update the information in this press release.
Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should revi!
ew the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on September 14, 2001 and the Report on Form 10-Q filed on February 13, 2002. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
Note to Editors
Hyperion and Essbase are registered trademarks and Hyperion Solutions is a trademark of Hyperion Solutions Corporation. All other trademarks and company names are the property of their respective owners.
Siebel is a trademark of Siebel Systems, Inc. and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.
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