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HYPERION ADDS UNRIVALED POWER, SPEED, SCALABILITY TO LEADING BUSINESS INTELLIGENCE PLATFORM
Hyperion Essbase 7X, Hyperion Visual Explorer, Hyperion Data Integration Connector for SAP and Profitability Management Further Fuel Powerful Analytic Platform
SUNNYVALE, Calif. and PARIS—SOLUTIONS 2004 HYPERION INTERNATIONAL CONFERENCE—Sept. 20, 2004 – Hyperion (Nasdaq: HYSL) today announced major enhancements to its leading Business Intelligence Platform that give customers unprecedented flexibility, scalability and the power to tackle the toughest analysis in finance as well as marketing, sales, supply chain, logistics, human resources and other lines of business. Combined, the new products extend the legendary power of Hyperion Essbase to new types of users and add significant new capabilities for Business Intelligence Platform customers.
Hyperion made the announcement at Solutions 2004 Hyperion International Conference in Paris.
Hyperion Essbase 7X is the most powerful advancement in analytic technology since the introduction of the original Essbase in 1992. Leveraging new Aggregate Storage innovation, Hyperion Essbase 7X is the first and only analytic engine that supports both financial and line of business analysis within a single architecture with no compromise in speed and scalability—making Hyperion the first vendor ever to offer such capabilities in a single architecture.
Hyperion Essbase 7X also boasts the new Hyperion Visual Explorer, the first visual spreadsheet for querying and navigating OLAP data. The new interface will help bring powerful analytics to both power users and line of business managers in all corners of the enterprise. The dramatic improvements in ease of use and intuitiveness allow even novice users to take advantage of Hyperion Visual Explorer’s simplicity, as well its live visual window into data.
Hyperion has also added enterprise analytics to SAP BW through better integration with the introduction of Hyperion Data Integration Connector, an intelligent adapter technology for accessing SAP BW data sources to support customized Business Performance Management solutions built on Hyperion Essbase. Hyperion’s new technology enables business users to obtain on-demand snapshots of their SAP BW information for ad-hoc reporting and advanced analytics. Through Hyperion Data Integration Connector, users can also quickly and easily access data in SAP BW and take advantage of the legendary power of Essbase to perform both financial and line of business analysis, with no compromise to scalability or speed.
“Whether enterprises are considering purchasing pre-packaged Business Intelligence applications, developing them internally or using an ESP to build them, the common denominator is the BI platform upon which they are constructed,” said Howard Dresner, vice president and research fellow at Gartner, Inc. “A suitable BI platform increases the ability to rapidly develop and deploy Business Intelligence applications over more traditional development tools.
“Important BI platform criteria include: a modern platform architecture (for example, modularity), third-party extensibility (for example, application programming interfaces and development paradigm), BI features (for example, OLAP, analytical/modeling and graphical presentation) and suitable vendor support programs.”
Building on the power of Hyperion Essbase 7X, Hyperion is also introducing Profitability Management from Hyperion, the first end-to-end analytic solution for managing customer profitability on a single platform. Profitability Management from Hyperion helps companies solve one of today’s most pressing business problems—identifying the most and least profitable customers, products, channels and regions—while arming managers with the information they need to act upon this information. Profitability Management combines advanced analytics with operational cost modeling, reports and dashboards to help businesses quickly analyze, understand and manage key profitability information. This is the first in a series of integration business solutions that Hyperion will introduce to the market.
Hyperion is the global leader in Business Performance Management software. More than 9,000 customers – including 91 of the Fortune 100 – rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading Business Intelligence platform to support and create Business Performance Management solutions. A network of more than 600 partners provides the company’s innovative and specialized solutions and services.
Named one of the FORTUNE 100 Best Companies to Work For 2004, Hyperion employs approximately 2,500 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion generated annual revenues of $622 million for the 12 months that ended June 30, 2004. 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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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 13, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
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