Hyperion Solutions Corporation is a software company located in Santa Clara, California, acquired by Oracle Corporation in 2007. Many of its products are targeted at business intelligence (BI) and business performance management markets, and in 2013 developed and sold as a Oracle Hyperion product. Hyperion Solutions was formed from the incorporation of Hyperion Software (IMRS) and Arbor Software in 1998.
Video Oracle Hyperion
History
- 1981 - IMRS was founded by Bob Thomson and Marco Arese, and launched a management and financial consolidation software called 'Micro Control' in 1983
- 1985 - IMRS hires Jim Perakis as CEO; he stays in this position during the growth from $ 1M to almost $ 300M
- 1991 - IMRS becomes a public company and launches Windows-based successor to 'Micro Control' called 'Hyperion'
- 1992 - Arbor Software sends first version of OLAP software Processed Data Processing online Essigase
- 1995 - Due to the success of the "Hyperion" product, IMRS changed its name to "Hyperion Software Corporation" and the product name was changed to "Hyperion Enterprise." Arbor became a public company
- 1997 - Arbor acquires Appsource
- 1998 - Hyperion Software joins Arbor and joint company renamed Hyperion Solutions
- 1999 - Jeffrey Rodek is named Hyperion Chairman and CEO of Hyperion. Hyperion acquired Sapling Corporation (Enterprise Performance Management application)
- 2001 - Godfrey Sullivan is named Hyperion President and COO
- 2003 - Hyperion acquires Brio Technology and The Alcar Group
- 2004 - Hyperion Name Jeffrey Rodek Chief Executive; Godfrey Sullivan President and CEO
- 2005 - Hyperion acquires Razza Solutions (Master data management) and appoints Northdoor as a retailer in the UK and Ireland.
- 2006 - Hyperion acquires UpStream (Financial Data Quality Management)
- 2006 - Hyperion acquires Beatware (Visualization data for Web and Mobile Devices)
- 2007 - Hyperion obtains Decisioneering (Crystal Ball software).
Oracle Corporation announced on March 1, 2007 that it has agreed to purchase Hyperion Solutions Corporation for $ 3.3 billion in cash. The transaction was completed on April 18, 2007 and Hyperion now operates as an Oracle division. Oracle expanded support for most Hyperion products (v11.1.2.x) through 2018. Hyperion BI tools are bundled into Oracle Business Intelligence Suite Enterprise Edition.
Maps Oracle Hyperion
Market
Vendors in the business intelligence space are often categorized into: consolidated large "megavendors", including Oracle Hyperion and SAP BusinessObjects, IBM Cognos, and Microsoft BI.
Consolidation
A special consolidation group for financial users is a BI market specialization. Microsoft Excel is the market leader in this field. Increasing the level of Multiway Data Analysis correlates with cost and time of consolidation. Hyperion Enterprise and Oracle HFM are examples of applications to support more complex consolidation requirements.
BI market surveys and analysis include:
- Gartner BI Magic Quadrant - In 2007, Gartner placed Hyperion in its "Leader" quadrant for the Business Intelligence and Performance Management Platform.
- Business Application Research Center (BARC) BI Survey and The BI Verdict (formerly OLAP Report)
Products
Hyperion software products include:
- Essbase
- Hyperion Intelligence and SQR Production Reporting (products acquired at Brio Technology takeover 2003)
- Hyperion Enterprise
- Hyperion Planning
- Hyperion Strategic Financing
- Hyperion Financial Data Management
- Hyperion Enterprise Performance Management Architect
- Hyperion Financial Close Management
- Hyperion Disclosure Management
- Hyperion Performance Scorecard
- Hyperion Business Modeling
- Hyperion Financial Management
- Data Management Master Hyperion/Oracle Data Relation Management
- Hyperion Financial Reporting
- Hyperion Web Analysis
- SmartView Hyperion
- Hyperion EPM Workspace
- Hyperion Profitability and Cost Management
- Hyperion System 9 BI (combination of Interactive Reporting, SQR, Web Analytics, Financial Reporting, EPM Workspace and SmartView)
- Hyperion Financial Data Quality Management (Also referred to as FDM EE)
- Hyperion Tax Provision
- Planning a Cloud Service Budget
- Company Performance Reporting Cloud Services
References
External links
- Official website
- Hyperion Developer Network
- Hyperion Press Kit
Source of the article : Wikipedia
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