Business Intelligence Made Easy with Debut of Hyperion System 9 BI+.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Hyperion Delivers Broadest BI Functionality within a Single Workspace Allowing Users to Report Against Both Relational and Multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul ti·di·men Data Sources Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, today introduced Hyperion System 9 BI+, a complete business intelligence platform that addresses all types of management, financial and production reporting, and delivers highly interactive, multi-source dashboards within the Hyperion System 9 Workspace. Hyperion System 9 BI+ links a powerful and easy-to-use management reporting solution with market-leading advanced analytics for seamless reporting against both relational and multidimensional data sources. The solution is built on a common Foundation Services layer that streamlines deployment, management and administration to increase productivity and reduce total cost of ownership. Hyperion System 9 BI+ is the business intelligence component of Hyperion System 9. Launched today, Hyperion System 9 is the most comprehensive performance management solution ever and the first to integrate financial management applications with a BI platform into a modular system that will adapt to any business need. This comprehensive, integrated solution delivers consistent visibility of past, present and future business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , enabling sustained improvement in business performance. "Hyperion System 9 BI+ actually puts intelligence into business intelligence, by helping users quickly and intuitively report against relational and multidimensional sources in one session and using one interface," said John Kopcke, chief technology officer for Hyperion. "But we're also putting the 'plus' in BI through the integration of reporting with financial management applications in Hyperion System 9. For the first time, customers are not forced to choose between a great BI platform and a seamless path to performance management. With Hyperion System 9 and its BI+ component, they get the best of both worlds when they want it." Personalized Workspace and Foundation Services Users of Hyperion System 9 BI+ will benefit from the Hyperion System 9 Workspace, the first personalized workspace for Business Performance Management. The unified Workspace means that end users do not have to shuffle between multiple systems and technologies to get the answers to their business questions. It provides users with one, simple interface for financial, interactive and production reporting, as well as rich analytics, enterprise metrics, scorecards, dashboards and master data management. Hyperion System 9 BI+ also leverages the Foundation Services layer of Hyperion System 9 that delivers common user provisioning The ability for customers to change voice and data services from their carriers online without having to place the order with a human representative. Web-based user provisioning lets you add and delete services and features from your browser. See automated provisioning. , common alerting, shared metadata and license management. The infrastructure enables IT organizations to build, deploy, scale and manage across all of its users, organizations and applications, thereby ensuring ease of use and lowering TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. . Work the Way Customers Work Hyperion worked closely with Frog Design, a leading industrial design firm, in a study to analyze how users work with reports, dynamic forecasts, financial consolidation and advanced analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. . The study, which closely tracked 70 customers and their use of software over a period of months, directly resulted in the creation of Hyperion's unique Business Performance Management Workspace. The Workspace, which fundamentally changes the way users interact with their performance management software, is at the heart of the innovations Hyperion is introducing with Hyperion System 9. "With Hyperion System 9, we will have much faster, simpler and more efficient delivery of information through flexible, interactive dashboards," said Greg Backhus, director of data warehousing See data warehouse. data warehousing - data warehouse , Helzberg Diamonds Helzberg Diamonds is a diamond retail company founded by Morris Helzberg in 1915 in Kansas City, Missouri. It was quickly taken over, when he became ill, by his son Barnett Helzberg, Sr. at the age of 16. In 1963, Barnett Sr. . "We'll be able to easily and transparently present data from both relational and multidimensional data sources into one dashboard. We will no longer need to build custom-coded dashboards and one-off reports. The unified system will reduce our administration and support costs as well." Industry Leading Functionality For years, Hyperion has offered the easiest to create and most interactive dashboards, self-service reporting that spans from production to financial, and leading advanced analytics that support its customers' entire BI environments. Hyperion System 9 BI+ continues to offer companies the industry's leading BI functionality with additional proven technologies: --Master Data Management -- Hyperion BI+, as part of Hyperion System 9, works with Hyperion Master Data Management (MDM (Modular Digital Multitrack) An audio recorder that mixes and records multiple tracks of digital audio. The two major MDM technologies are ADAT and DTRS. See ADAT and DTRS. ) Services to provide consistent master data definitions across the enterprise, and allows business users to directly manage complex, rapidly changing master data. Hyperion is the only Business Performance Management company to offer such capabilities. --Service-Oriented Architecture -- Hyperion System 9 and Hyperion System 9 BI+ are built on a service-oriented architecture See SOA. . The Hyperion System 9 BI+ technology leverages key standards-based technologies, including SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. concepts, to enable enterprise-class deployment and easier integration within an enterprise IT infrastructure. --SAP BW Functionality: The SAP BP functionality within Hyperion System 9 BI+ provides industry-leading financial reporting capabilities, high-volume, pixel-perfect production reporting, and ad-hoc Web Analysis against SAP BW. It also provides high-powered, yet easy-to-use wizard-based dashboarding capabilities and the ability to combine SAP and non-SAP data seamlessly in one report and one user interface. Hyperion BI+ accesses SAP BW through certified BAPI (Business API) An interface to one of SAP's earlier R/3 applications. It enabled third-party developers to write enhancements that interacted with the R/3 modules. See R/3. BAPI - Business Application Programming Interface interfaces and is certified as Powered by SAP NetWeaver. --Itanium(R)/64-Bit Scalability: The BI platform is fully enabled on 64-bit Intel Itanium 2-based HP Integrity server platforms running HP-UX HP's version of Unix that runs on its 9000 family. It is based on SVID and incorporates features from BSD Unix along with several HP innovations. (operating system) HP-UX - The version of Unix running on Hewlett-Packard workstations. 11i and Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. Server 2003 operating environments. Intel's Itanium 2 architecture delivers four billion times the addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be capacity of 32-bit processing, which translates into unmatched scalability and performance, lower total cost of ownership (TCO) and a secure investment as scalability requirements increase over time. Hyperion System 9 BI+ also provides new innovations requested by customers: --Smart View for Office: This feature allows users to embed BI content into, and to present that content in, Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. , Microsoft Word A full-featured word processing program for Windows and the Macintosh from Microsoft. Included in the Microsoft application suite, it is a sophisticated program with rudimentary desktop publishing capabilities that has become the most widely used word processing application on the market. and Microsoft PowerPoint. This version of Smart View also provides support for Hyperion's leading financial management applications, also a part of Hyperion System 9. --Transparent User Access to Any Source: Hyperion System 9 BI+ provides a common view into all data sources and across all management processes, allowing users to make better, faster decisions based on a single reliable source of information that spans all areas of the operations. --Metrics and Scorecard Integration: Scorecard and metrics information are rapidly becoming expected integrated components of a BI platform. Having these offerings within one thin client environment further reduces the cost of maintaining user interfaces, allowing users quick and easy access to scorecard and metrics information from one place. --Data Mining: Data mining within the solution enables the exchange of data mining models via PMML PMML Predictive Modeling Markup Language PMML Predictive Mining Markup Language (Oracle) PMML Predictive Model Markup Language between advanced analytics and external data mining engines. Hyperion System 9 BI+ now supports new data mining models, such as those for credit scoring Credit scoring A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness. , enabling new applications including credit risk management. --Change Management: As companies change, so do their business practices, which in turn impact their data stores. For example, if a company changes the name of a column within the data warehouse, all of the reports on top of it become disconnected. Hyperion System 9 BI+ provides a way for companies to quickly identify what has changed and allows them to automatically update those reports despite underlying data store changes. Availability Hyperion System 9 with BI+ began shipping on September 28, 2005, and is currently available. About Hyperion Hyperion Solutions Hyperion Solutions Corporation is a business performance management software company, located in Santa Clara, California, USA. Many of its products are targeted at the Business Intelligence and Business performance management market. Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Hyperion offers the industry's only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system. Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company's innovative and specialized solutions and services. Hyperion generated revenues of USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on August 31, 2005 and the report on Form 10-Q Form 10-Q See 10-Q. filed on May 10, 2005. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances. "Hyperion," the Hyperion "H" 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. |
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