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ThinkFast Consulting, Inc. Supports Hyperion's Advancements In Analytic Technology with Hyperion Essbase 7X.


CHICAGO -- Launch of Faster, More Scalable Analytic an·a·lyt·ic or an·a·lyt·i·cal
adj.
1. Of or relating to analysis or analytics.

2. Expert in or using analysis, especially one who thinks in a logical manner.

3. Psychoanalytic.
 Engine Allows ThinkFast Customers to Solve Business Problems Not Addressed By Existing Alternatives

ThinkFast Consulting, Inc., the nation's leader in Corporate Performance Management solutions, announced its support for Hyperion Essbase 7X, a solution introduced today by Hyperion (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: HYSL), the global leader in Business Performance Management software. Designed for financial and line of business users alike, Hyperion Essbase 7X is a powerful and highly scalable analytic engine that enables traditional financial analysis as well as business analysis across sales, marketing, supply chain, logistics, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  and other facets of the business.

ThinkFast Consulting, Inc. is a Preferred Partner of Hyperion, a Certified See certification.  Essbase Partner and was also awarded Hyperion's 2004 Consulting Partner of the Year Award. A long-time partner of Hyperion, ThinkFast has delivered over 400 financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
, reporting and analysis applications leveraging Hyperion Essbase technology since it's inception in 1996. The new, more powerful capabilities of Essbase 7X will enable ThinkFast's client base of Fortune 1000 companies to handle massive volumes of raw data and benefit from no-compromise analytics.

Essbase 7X increases the speed of analytics by as much as 100 times that of prior versions of Essbase, providing sub-second response time to thousands of concurrent users In computer science, the number of concurrent users for a resource in a location, with the location being a computing network or a single computer, refers to the total number of people using the resource at the same time.  and significantly improving the analytic needs of all types of finance and business users. With Essbase 7X, companies can process existing applications more quickly and less expensively. The increased speed and scalability also enables companies to tackle applications that were previously not feasible, such as vendor spending analytics, customer and product profitability, call center analysis, and other applications requiring large analytic dimensions.

"As our clients continue developing and implementing their strategies for Corporate Performance Management, Essbase 7X will not only provide an increase in speed of analytics, but the improved scalability will offer significant advances in calculation capabilities and storage efficiency. We're extremely excited to provide our clients with a solution that will enable them to extend the value of their investment in Hyperion Essbase and reap the benefits of standardization standardization

In industry, the development and application of standards that make it possible to manufacture a large volume of interchangeable parts. Standardization may focus on engineering standards, such as properties of materials, fits and tolerances, and drafting
 while achieving a lower cost of ownership," says Tom Phelps, president of ThinkFast Consulting.

About ThinkFast Consulting, Inc.

ThinkFast Consulting, Inc. is dedicated to delivering Corporate Performance Management (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. ) solutions that integrate people, process and data to drive performance. Their solutions allow customers to improve planning, monitor results, analyze and anticipate changes and opportunities, and act. As one of the largest services firms in the nation solely dedicated to CPM, their customers are increasing profitability, enhancing client relationships and expanding market share. ThinkFast is headquartered in Chicago, and has local offices in Dallas, Detroit, Houston, and Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). . For more information, visit: www.thinkfast.com.

"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.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 20, 2004
Words:474
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