from DSSResources.comHyperion continues as 2004 revenue leader for financial and business performance management analytic applicationsSANTA CLARA, Calif., July 5, 2005 -- Hyperion (Nasdaq:HYSL) was named the revenue leader for financial and Business Performance Management applications, according to IDC. The premier global market intelligence and advisory firm reported that Hyperion leads the space with more than 20.7 percent market share, according to calendar year 2004 software license and maintenance revenues. Hyperion has more than double the market share of its nearest competitor who trails with only 8.5 percent(1), and has been the revenue leader for the Business Performance Management market since 1999. IDC defines Business Performance Management and financial analytic applications as cross-industry and cross-functional applications whose main purpose is to measure, analyze, and optimize business performance and financial analytic processes. The market for BPM applications actually exceeded IDC's 2004 forecast by rising to $1.4 billion, and is expected to grow at compound annual growth rate (CAGR) of 11.3 percent through 2009 (growth representing all BPM market segments). IDC also recognizes the bridging of BPM and Business Intelligence strategies as a key growth driver moving forward, given the desire of organizations to realize total performance visibility. "This report confirms that Hyperion is still the overwhelming preference of customers who demand help driving to the highest levels of performance visibility," said Rich Clayton, vice president of product marketing. "The combination of our market-leading applications and popular management reporting software is a powerful advantage for our customers. And, in combination, they enable true Business Performance Management." This past week Hyperion announced that more than 1,000 customers have adopted the Hyperion Planning application to bring benefits of planning, budgeting and rolling forecasts to their organizations. Hyperion Financial Management is also a favorite of enterprise customers. "Most organizations who are serious about Business Performance Management have Hyperion's applications on the short list," said Kathleen Wilhide, IDC research director, Corporate Compliance and Business Performance Management Applications. "Hyperion's focus on profitability is also a huge driver for the company, as it is a key element of management reporting that is on the agenda of most organizations, and is emerging as a major pillar of Business Performance Management implementations." About Hyperion Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 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 Santa Clara, 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, www.hyperion.com/contactus or call 800-286-8000 (U.S. only). (1) -- "Worldwide Financial and Business Performance Management Analytic Applications 2005-2009 Forecast Update and 2004 Vendor Shares: July 2005" Jennifer Leggio, 408-588-8473 Jennifer_leggio@hyperion.com |