Skip navigation
Skip navigation
You are using an outdated browser. Please upgrade your browser.

-New applications to provide infrastructure for
organisations to optimise performance based on industry
'Best Practices' data-

Further expanding the breadth of Hyperion Enterprise
Performance Management, Hyperion today announced a strategic
co-development agreement with Hackett
Benchmarking|solutionsSM, part of AnswerThink Consulting
Group, to define, develop and deliver best-of-breed packaged
analytic applications for benchmarking. These solutions will
streamline the integration of a variety of external
benchmarking data and extend the usefulness of this
information beyond an organisation's financial analysts to
functional managers across the enterprise. This will enable
organisations to create an enterprise-wide knowledge base
for optimising business performance, with a strong,
real-time context for strategic planning and performance

These benchmarking solutions will enable companies to
seamlessly integrate and automate the identification and
prioritisation of continuous business process improvement
initiatives, as well as identify specific growth
opportunities. They will also be designed to give companies
the ability to establish "reality-based" targets for
enterprise performance management purposes based on the
business performance of peer organisations and competitors
across a range of financial and non-financial parameters.
This will provide managers throughout the enterprise with
the resources to understand and measure progress against
proven, world-class best practices efforts.

"With our considerable expertise in benchmarking and best
practices, and Hyperion's leadership in analytic application
software, this alliance will enable us to dramatically shift
the value proposition of benchmarking to enterprise-wide
performance management systems," said Richard T. Roth,
managing director of Hackett Benchmarking|solutionsSM. "We
share a common goal of giving companies the tools necessary
to establish and monitor improvement targets in their
organisation so as to enable world-class performance."

"Global organisations increasingly require an infrastructure
for evaluating and comparing their performance with other
leading companies," said Steve Fioretti, senior vice
president of marketing for Hyperion. "Our alliance with
Hackett will enable Hyperion to deliver a comprehensive
framework to help companies integrate leading external
benchmark data sources, including financial, operational and
market-specific data, into enterprise-wide performance
management systems to facilitate improved management
decision-making and effectiveness."

Benchmarking is a key strategic initiative for Hyperion in
expanding the scope of Hyperion Enterprise Performance
Management, a recently introduced open, integrated suite of
analytic applications for empowering decision-makers
throughout the enterprise to optimise business performance.
This alliance is the first of many that Hyperion expects to
enter into to deliver a best-of-breed benchmarking solution
that integrates diverse enterprise data and leverages
Hyperion's leadership, strong experience and alliance
partnerships in analytic application software.

About Hyperion Enterprise Performance Management

Hyperion Enterprise Performance Management provides
companies with a powerful array of analytical capabilities
to maximise operational efficiency and enterprise resources,
communicate strategic goals, and dramatically improve
business planning and financial consolidation, reporting and
analysis processes. Hyperion Enterprise Performance
Management offers companies an open, best-of-breed solution
that integrates diverse enterprise data and leverages
Hyperion's leadership, strong experience and alliance
partnerships in analytic application software. Hyperion
Enterprise Performance Management currently consists of four
packaged analytic applications - Hyperion Pillar, Hyperion
Enterprise, Hyperion Activity Based Management and Hyperion
Performance Measurement.

About Hackett Benchmarking|solutionsSM

Hackett Benchmarking|solutionsSM, part of AnswerThink
Consulting Group (NASDAQ:ANSR), maintains one of the world's
largest and most comprehensive ongoing knowledge-worker
benchmarks. More than 1,400 leading companies have
participated in ongoing benchmarks of best practices areas
including finance, human resources, information technology,
planning/performance measurement, procurement, customer
contact centres and shared services centres. Virtually every
major industry, organisational structure, company size and
geographical distribution is represented in the benchmark
data, including 80 percent of the Dow Jones Industrials,
two-thirds of the Fortune 100 and one-third of the Fortune

About Hyperion

The worldwide analytic application software leader, Hyperion
Solutions Corporation (Nasdaq:HYSL) gives today's knowledge
workers the "freedom to succeed" with software, services and
partner offerings that help them understand and optimise
their businesses. More than 6,000 organizations worldwide
use Hyperion's analytic application software products, which
include market-leading packaged analytic applications and
OLAP server technology and tools. Hyperion's customers
include more than 60 of the Fortune 100 and more than 40 of
the Financial Times European Top 100 companies. In addition,
more than 300 leading data warehousing, OLAP tools,
services, ERP, packaged application, and platform alliance
partners extend the value of Hyperion's products and
services to deliver maximum flexibility and choice to
customers. Headquartered in Sunnyvale, California, the
company has offices in 26 countries. Information on
Hyperion's products and services is available at,

Hyperion and Hyperion Enterprise are registered trademarks
and Hyperion Solutions and Hyperion Pillar are trademarks of
Hyperion Solutions Corporation. All other trademarks and
company names mentioned are the property of their respective

For further information please contact: Tony
Speakman Hyperion Tel: (0181) 995

This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit