from DSSResources.comHyperion System 9 software continues to drive BPM standardization through innovation, market leadership, and customer adoptionORLANDO, Fla., April 23, 2007 -- Hyperion, the global leader in Business Performance Management (BPM) solutions, said today that continued innovation and market leadership have led to strong customer adoption of Hyperion System 9 software. Hyperion announced the momentum of System 9 at Solutions 2007, the company's annual user conference taking place in Orlando, Florida, April 22 - 25. Hyperion System 9 is the first and only BPM system available today that combines financial applications with business intelligence analytics and reporting. System 9 increases user productivity, reduces business risk and lowers total cost of ownership. With functionality in financial management applications, data management services, and business intelligence, Hyperion System 9 gives organizations more tools for improving business performance, along with expanded options for integrating diverse enterprise systems. Customer Momentum Hyperion System 9 continues to gain momentum in the marketplace, driving many of Hyperion's large transactions and accounting for more than 70 percent of the company's license revenue in each of the last three quarters. Additionally, more than 1,500 of Hyperion's installed base customers have migrated to System 9 over the past year. Some new Hyperion System 9 customers include BT Group, Danfoss, GT Solar, New York University, Norway Post, Owens-Illinois, and VeriSign. Hyperion System 9 Innovation Hyperion System 9 continues to offer customers more tools for improving business performance, along with expanded options for integrating diverse enterprise systems. The second major release, Hyperion System 9 Release 9.3, included: -- BPM Architect, the industry's first business process modeling environment that helps enterprises align planning scenarios, financial and operational plans and financial consolidation processes. -- A new Hyperion System 9 Capital Expense Planning module within Release 9.3's integrated business planning framework that provides the industry's only packaged and extensible solution for planning the acquisition, lifecycle management and retirement of capital assets. Hyperion also introduced two new System 9 innovations that will help consumerize performance management for all knowledge workers: -- Hyperion's support for Google OneBox for Enterprise delivers both operational and financial information through a Google-powered search window. -- Hyperion System 9 Smart Space, the industry's first personalized information delivery solution that delivers "always-on" BI and BPM to every user in the enterprise. Hyperion introduced both the Google search functionality and Smart Space gadgets into the performance management environment so more workers can easily access and use BPM information. Market Leadership Over the past year, Hyperion System 9 has garnered recognition and accolades that befit a true market leader, including: -- Gartner, Inc. placed Hyperion in the Leaders quadrant in its "Magic Quadrant for Business Intelligence Platforms, 1Q07" report(1). Gartner also placed Hyperion in the Leaders quadrant in its "Magic Quadrant for CPM Suites, 2006" report(2). The Gartner Magic Quadrant uses multiple criteria to characterize companies in the leaders, challengers, visionaries and niche players quadrants. -- Hyperion received one of twelve Intelligent Enterprise Editor's Choice Awards. The magazine recognized Hyperion System 9 advancements and noted, "Hyperion is setting the standard for performance management." -- Hyperion was named Best Corporate Governance and Compliance Solutions Winner in the Intelligent Enterprise Reader's Choice Awards. "Through Hyperion System 9, Hyperion has brought BI and Performance Management to not just finance, but to operations across organizations," said Mark Smith, CEO & EVP Research at Ventana Research. "The ongoing convergence between BI and Business Performance Management (BPM) solutions provides Hyperion an opportunity to leverage relationships with the finance organization to provide further value to existing customers and new opportunities like BI standardization." "Hyperion System 9 has transformed the industry and established Hyperion as a Business Performance Management category leader," said Rich Clayton, vice president of product marketing at Hyperion. "System 9 is the first manifestation of an integrated management system. Our development focus is to build on this system to make it even easier to deploy, use and expand as it meets our customers' changing needs. We are pleased with the clear success of System 9 over the past year and look forward to continued momentum." About Hyperion Hyperion Solutions Corporation, a wholly owned subsidiary of Oracle Corporation, is the global leader in Business Performance Management software. More than 12,000 customers in 90 countries rely on Hyperion both for insight into current business performance and to drive performance improvement. With Hyperion software, businesses collect, analyze and share data across the organization, linking strategies to plans and monitoring execution against goals. Hyperion integrates financial management applications with a business intelligence platform into a single management system for the global enterprise. For more information, contact us at http://www.hyperion.com/company/contact/salesrep.cfm?CMP=PR_US. "Hyperion," the Hyperion logo and Hyperion's product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only. (1)Gartner Research "Magic Quadrant for Business Intelligence, 1Q07," Kurt Schlegel, Bill Hostmann, Andreas Bitterer, 26 January 2007 (2)Gartner Research "Magic Quadrant for CPM Suites, 2006," Nigel Rayner, 1 December, 2006 CONTACT: Hyperion Christina Rohall, 408-588-8681 christina_rohall@hyperion.com |