Hyperion System 9 Software Continues to Drive BPM Standardization Through Innovation, Market Leadership, and Customer Adoption.Industry's First System to Integrate Financial Management Applications With Business Intelligence Experiences Rapid Growth Over Past Year ORLANDO, Fla. -- 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 The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. , April 22 - 25. Hyperion System 9 is the first and only BPM system See BPM. 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 New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the , 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 capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) . 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 per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. information delivery solution that delivers "always-on" BI and BPM to every user in the enterprise. Hyperion introduced both the Google search Google is owned by Google, Inc. whose mission statement is to "organize the world's information and make it universally accessible and useful". The largest search engine on the web, Google receives several hundred million queries each day through its various services. 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 be·fit tr.v. be·fit·ted, be·fit·ting, be·fits To be suitable to or appropriate for: formal attire that befits the occasion. a true market leader, including: * Gartner, Inc. placed Hyperion in the Leaders quadrant in its "Magic Quadrant The Gartner Magic Quadrant is a proprietary research tool developed by Gartner Inc., a US based research and advisory firm. It is designed to provide an unbiased qualitative analysis of a “markets’ direction, maturity, and participants. for Business Intelligence Platforms, 1Q07" report1. Gartner also placed Hyperion in the Leaders quadrant in its "Magic Quadrant for CPM (1) (Critical Path Method) A project management planning and control technique implemented on computers. The critical path is the series of activities and tasks in the project that have no built-in slack time. Suites, 2006" report2. 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 Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. & EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition 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 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, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. 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 CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information =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. 1Gartner Research "Magic Quadrant for Business Intelligence, 1Q07," Kurt Schlegel, Bill Hostmann, Andreas Bitterer, 26 January 2007 2Gartner Research "Magic Quadrant for CPM Suites, 2006," Nigel Rayner, 1 December, 2006 |
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