Industry’s Platform of Choice Delivers Innovations for Scalability, Interoperability and Reduced Cost of Ownership
SUNNYVALE, Calif., April 2, 2003 – Hyperion (Nasdaq: HYSL), the leading global provider of Business Performance Management solutions, today announced it is delivering advancements to Hyperion Essbase XTD that enable the first fully integrated Business Performance Management solution. Hyperion Essbase XTD, the world’s leading business intelligence (BI) platform for Business Performance Management, reduces total cost of ownership and increases return on investment by combining on-line analytical processing (OLAP), query and reporting, ad-hoc analysis, data integration and application development tools. Working seamlessly together, these capabilities help companies execute an overall business strategy for driving breakthrough performance across the enterprise.
With this new version of Essbase XTD, Hyperion delivers:
End-to-end Business Performance Management reporting – Hyperion is the only vendor to deliver an integrated suite of reporting and analysis tools that provide direct access to both packaged Business Performance Management applications and custom applications built on a business intelligence platform. Hyperion’s reporting capabilities encompass operational and financial data, static queries, advanced and guided analysis, as well as scorecards. Enhanced functionality includes end-to-end financial and operational reporting that enables detailed query and reporting against transactional systems through to boardroom-quality management and financial reports.
Extended support for operational applications – Hybrid analysis now lets Hyperion Essbase XTD simultaneously access and analyze operational data resident in both relational and multidimensional systems. This significantly expands the breadth of custom applications that companies and third parties can develop and deploy across an enterprise, such as customer churn analyses for telecommunications customers and merchandise mix optimization for retail companies. In addition, hybrid analysis increases data scalability and allows users from every business function to seamlessly analyze down to detail levels such as SKU, account, household or customer.
Scaling the enterprise - Companies needing to support large numbers of users at the lowest possible cost have been choosing Essbase XTD for years because of its ability to make optimal use of existing hardware, software and network resources. New enhancements such as connection pooling, database clustering, load balancing and fail-over further enhance cost-effective user scalability for broad deployment to tens of thousands of end users requiring fast, consistent and reliable access from anywhere in the extended enterprise. For example, one of Hyperion’s long-standing customers, NTT DoCoMo, has deployed 25,000 users in 172 locations worldwide.
Accelerated development of tailored Business Performance Management applications - Essbase XTD enables the rapid creation, management and deployment of tailored enterprise applications—with or without programming knowledge. A comprehensive set of application programming interfaces, drag-and-drop components and services accelerate the deployment of tailored applications that can grow and change with changing business requirements.
This newest version of Essbase XTD is a powerful consolidating analytic platform for all enterprise transaction information (e.g., accounting bookings, billing, human resources, call center, marketing automation, sales force automation and supply chain). The platform delivers a single version of the truth and provides comprehensive insight for managing performance across key business activities.
“Prior to implementing Essbase XTD, we had data housed in many different systems around the company but no way to view and analyze it cohesively,” said Rob Cox, director of financial planning for Erickson Retirement Communities, a large and fast-growing owner and operator of retirement communities in the eastern United States. “There were a variety of point solutions available that could each meet a narrow set of our Business Performance Management needs. However, we chose Hyperion because they helped us integrate all our data and share it across the enterprise to increase accountability and improve operational and financial performance. With Essbase XTD, we can deal with all facets of Business Performance Management across the company.”
Supporting Flexible IT Standards
Integrating into a broad spectrum of IT strategies, Essbase XTD provides an extensible architecture that supports a comprehensive range of data sources, interfaces, development languages and
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platforms, including the first BI platform to support low-cost, high-performance Linux servers. As the platform of choice for the Web, Essbase XTD gives users access to their data in familiar interfaces while providing IT with packaged, zero-footprint Web services. Support for Internet standards, such as TCP/IP, HTTPS, XML and SOAP, as well as Web infrastructures, ensure that companies’ existing IT investments in the Web are leveraged and maximized.
Finally, Essbase XTD accelerates time to benefit by speeding deployment. “Shortening the time it takes to develop and deploy applications is a boon to Hyperion’s partners,” said Lee Kilmer, director of EPM/analytic technology for Lawson Software. “Hyperion’s focus on creating tools and services that speed up data integration and application customization pays off for everyone by helping customers realize business benefits and ROI as quickly as possible.”
Collectively, these enhancements provide strong validation that Hyperion Essbase XTD is the business intelligence platform of choice, driving Business Performance Management across the enterprise. Hyperion is leading the industry in delivering a broad spectrum of solutions that work together and fit into a comprehensive strategy for driving breakthrough performance everywhere.
Hyperion is the global leader in Business Performance Management software that enables companies to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. More than 6,000 customers use Hyperion’s flagship Business Performance Management suite of packaged and tailored applications and its leading business intelligence platform worldwide. Hyperion has a network of more than 330 partners to provide innovative and specialized Business Performance Management solutions and services.
Headquartered in Sunnyvale, California, Hyperion generated annual revenues of $492 million in fiscal 2002. The company employs more than 2,200 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 www.hyperion.com/uk, e-mail firstname.lastname@example.org or call 01784 228015.
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Safe Harbor Statement
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 review
the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on September 25, 2002 and the Report on Form 10-Q filed on February 7, 2003. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
Hyperion and Essbase are registered trademarks of Hyperion Solutions Corporation. All other trademarks and company names mentioned are the property of their respective owners.
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