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Business Intelligence Made Easy with Debut of Hyperion System 9 BI+

  • 13 October, 2005 09:50

<p>Hyperion (NASDAQ: HYSL), the global leader in Business Performance Management (BPM) software, has 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.</p>
<p>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.</p>
<p>Hyperion System 9 BI+ is the business intelligence component of Hyperion System 9. 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, enabling sustained improvement in business performance.</p>
<p>“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, who launched the product in Australia. “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.”</p>
<p>Personalised Workspace and Foundation Services</p>
<p>Users of Hyperion System 9 BI+ will benefit from the Hyperion System 9 Workspace, the first personalised 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.</p>
<p>Hyperion System 9 BI+ also leverages the Foundation Services layer of Hyperion System 9 that delivers common user provisioning, common alerting, shared metadata and license management. The infrastructure enables IT organisations to build, deploy, scale and manage across all of its users, organisations and applications, thereby ensuring ease of use and lowering total cost of ownership (TCO).</p>
<p>Work the Way Customers Work</p>
<p>Hyperion worked closely with Frog Design, a leading industrial design firm, in a study to analyse how users work with reports, dynamic forecasts, financial consolidation and advanced analytical software. 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.</p>
<p>“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, Helzberg Diamonds. “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.”</p>
<p>Industry Leading Functionality</p>
<p>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:</p>
<p>• Master Data Management: Hyperion BI+, as part of Hyperion System 9, works with Hyperion Master Data Management (MDM) 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.</p>
<p>• Service-Oriented Architecture: Hyperion System 9 and Hyperion System 9 BI+ are built on a service-oriented architecture. The Hyperion System 9 BI+ technology leverages key standards-based technologies, including SOA concepts, to enable enterprise-class deployment and easier integration within an enterprise IT infrastructure.</p>
<p>• 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 interfaces and is certified as Powered by SAP NetWeaver.</p>
<p>• Itanium®/64-Bit Scalability: The BI platform is fully enabled on 64-bit Intel Itanium 2-based HP Integrity server platforms running HP-UX 11i and Microsoft Windows Server 2003 operating environments. Intel’s Itanium 2 architecture delivers four billion times the addressable capacity of 32-bit processing, which translates into unmatched scalability and performance, lower TCO and a secure investment as scalability requirements increase over time.</p>
<p>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, Microsoft Word 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.</p>
<p>• 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.</p>
<p>• 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.</p>
<p>• Data Mining: Data mining within the solution enables the exchange of data mining models via PMML between advanced analytics and external data mining engines. Hyperion System 9 BI+ now supports new data mining models, such as those for credit scoring, enabling new applications including credit risk management.</p>
<p>• 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.</p>
<p>Hyperion System 9 with BI+ began shipping on September 28, 2005, and is currently available.</p>
<p>About Hyperion</p>
<p>Hyperion Solutions 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, organise and analyse 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.</p>
<p>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 specialised solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit</p>
<p>Safe Harbor Statement</p>
<p>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 filed on August 31, 2005 and the report on Form 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.</p>
<p>“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.</p>
<p>Media Contact
John Back

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