Business Services Industry

Hyperion System 9 Steps Up to Meet Increased Demand for Integrated Business Performance Management; Customers Embrace Scalable Hyperion System 9 Solution

Business Wire, April 24, 2006

SANTA CLARA, Calif. & LAS VEGAS -- Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, said today that a growing number of customers have turned to Hyperion System 9, the first system to combine finance management applications with a BI platform to enable a more detailed understanding of business performance. The company made its comments at its global Business Performance Management conference, Solutions 2006, taking place in Las Vegas April 23 through April 26.

The most comprehensive Business Performance Management solution in the industry, with the most complete set of best-of-breed applications and leading BI platform, Hyperion System 9 reduces IT complexity by eliminating the need for multiple reporting and analysis tools.

"Increasingly, organizations are identifying Business Performance Management as a strategic function," said Rich Clayton, vice president of Product Marketing at Hyperion. "Our customers recognize the need to develop global plans, linking strategies to objectives and continuously monitoring execution against goals. To manage business based on confidence in data integrity, they want a solution that connects the dots between planning, operational reporting and financial reporting."

Hyperion customer Metavante Corporation, which delivers banking and payment technologies to financial services firms and businesses worldwide, selected Hyperion System 9 to manage reporting and consolidation across its rapidly growing organization.

"Hyperion System 9 will provide us with more automated, powerful controls and auditing capabilities," said Deborah Coulombe, director, Financial Analysis and Support at Metavante. "With this solution, we'll be better able to manage our increasingly complex operations and empower business units to provide financial reporting."

Leading global technology company NCR Corporation, another Hyperion customer, is deploying Hyperion System 9 Financial Management and Planning to support its enterprise consolidation and planning requirements.

"The Hyperion System 9 applications are being integrated with the Teradata(R) Warehouse we use at NCR to leverage detailed financial and operational data which provides the business insight needed to meet our corporate business objectives," said Bob Fishman, assistant controller at NCR. "With the Hyperion System 9 solution, we will have an integrated, flexible process for consolidation, budgeting and planning to support our external reporting requirements and the needs of each of our distinct business units."

European pharmaceutical company Nycomed has also selected Hyperion System 9 to leverage its integrated financial management applications and BI platform.

"Hyperion System 9 enables us to put even greater focus on our critical knowledge by providing enhanced analytical capability and more flexible ways of meeting the demands of our reporting," said Christian Seidelin, vice president of Corporate Finance for Nycomed. "The solution allows us to gain more valuable insights from our business data regardless of the data sources."

Leading health care provider, Spectrum Health, another Hyperion customer, selected Hyperion System 9 to integrate its operational and financial data into a single dashboard view. "Because the system provides a common view into all data sources and across all management processes, we will be better able to make more effective, faster decisions based on a single reliable source of information that spans all areas of the operation," said Polly Krywanski, director, Finance at Spectrum Health Hospitals. "With the touch of a button, we will have visibility into a wealth of current, accurate financial and operational data."

About Hyperion System 9

The first true Business Performance Management system, Hyperion System 9 combines four areas of performance management activities: Planning; Financial Management and Control; Analytics; and Query and Reporting. Within this structure, Hyperion System 9 unifies goal setting, modeling, planning, monitoring, analyzing and reporting into a single, automated process, providing business users with new capabilities to report the past, monitor the present and anticipate the future.

Integrating financial management applications with a BI platform, Hyperion System 9 enables users to link strategies with plans and continuously monitor their execution against goals to improve business agility. Because the system provides a common view into all enterprise data sources and across all management processes, users are able to make better, faster decisions based on a single reliable perspective over information that spans all areas of the operation.

The solution leverages the technology in Hyperion's Foundation Services, a scalable, shared services foundation that simplifies systems management, integration and administration across the enterprise, to integrate BI technologies and financial management applications into a single, cohesive system. This foundation also offers master data management (MDM) capabilities that empower business users to directly manage complex, rapidly changing master data -- technology that is unique to Hyperion within the performance management industry.

 

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