HYPERION SETS NEW SCALABILITY STANDARD WITH ITS FIRST BUSINESS PERFORMANCE MANAGEMENT APPLICATION BENCHMARK
... Hyperion Software Scales to Support Collaborative Planning, Budgeting and Forecasting Across the Extended Enterprise...
SUNNYVALE, Calif., April 16, 2003 – Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced that Hyperion Planning has set a new standard for planning application scalability, exceeding well over 1,000 users, while falling well under industry standard response times. The rigorous performance testing was conducted in Santa Clara at the Intel®’s performance testing laboratory Solution Center, and represents Hyperion’s first Business Performance Management application performance benchmark.
“Hyperion Planning is setting the industry standard for scalability,” said Rich Clayton, Hyperion vice president for strategic marketing. “Customers who need collaboration and alignment across the extended enterprise win as a result. Hyperion Planning is the only product of its kind, proven to meet this customer requirement in a neutral, third party test.” Clayton goes on to state, “With the sophistication of today’s Business Performance Management solutions, stand-alone OLAP benchmarks are no longer relevant.”
There is a growing demand for financial and operational accountability across the enterprise –companies are increasingly relying on continuous forecasting and enterprise-wide collaboration to ensure they meet these requirements. Hyperion Planning, a centralised, Web-based planning, budgeting and forecasting solution, drives collaborative, integrated, event-based planning processes throughout the enterprise for a wide range of financial and operational needs. As an integral part of the Hyperion Business Performance Management Suite, Hyperion Planning enables companies to monitor business plans and forecasts translating strategic objectives into operational goals and targets.
The test sizing and scalability methodology created by Intel Solution Services for Hyperion Planning combined simulated user behavior running against a total of nine hardware and software configurations that included Intel® Xeon™ processor-based platforms and BEA’s WebLogic* Server versions 6.1 and 7.0. The tests proved that Hyperion Planning could support 1,300 concurrent users with no degradation of performance or response times.
“Intel Solution Services, working with Hyperion, found that the Planning application performed extremely well under tremendous load, and delivered superior industry standard user response times,” said Rhett Livengood, Director WW Business Development, Intel Solution Services. “Utilising the resources from Intel® Solution Centers, Intel Solution Services consultants and Hyperion were able to demonstrate the application’s ability to scale with the growing enterprise.”
The Commonwealth Bank is one of the world’s leading financial institutions with businesses in New Zealand, Asia and the United Kingdom. With more than 31,000 employees, the bank provides integrated financial services to cover 10 million customers worldwide. The company required a scalable solution that could significantly improve their global process, and selected the Hyperion Planning solution.
“We wanted a strong, scalable solution that could provide transparency into data and sophisticated data analysis capabilities while meeting our planning needs across our geographically dispersed organization,” said Ross Peoples Head of Business Services, at The Commonwealth Bank. “Hyperion provided us with a scalable, Web-based planning and forecasting solution that drives collaborative, integrated, event-based planning processes throughout our enterprise.”
The complete sizing report can be viewed by registering at http://www.hyperion.com/products/whitepapers/bea.cfm
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 email@example.com or call 01784 228015.
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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 t
he 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.
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