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Hyperion boosts power of BPM with Essbase 7.1

Johannesburg, 31 Aug 2004

Hyperion Essbase 7.1, the most extensive advancement in Hyperion`s analytical technology since the introduction of Essbase in 1994, is now generally available in SA.

Local users can now rely on a single real-time analytic architecture to meet the scalability and response-time needs of sales, marketing, human resources and supply chain applications, and the complex analytic requirements of finance.

"Hyperion Essbase 7.1 provides unmatched speeds for analysing financial and operational information with one platform," says Marc Scheepbouwer, CEO of local Hyperion distributor Global Technology Business Intelligence (GBI).

This latest release delivers the data scalability requirements of the broader organisation to thousands of concurrent users with no compromise in terms of performance.

A key innovation behind Hyperion Essbase 7.1 is aggregate storage, which provides higher availability, faster processing times and better data compression for applications outside of finance that require analysis of large and sparse volumes of data sets.

"Beta testing has shown that customers are experiencing reductions in batch processing, data loading and calculating times with aggregate storage, and they can now increase the data volume and dimensions within the data they want to analyse," Scheepbouwer says.

As a key component of the Hyperion business intelligence platform, Hyperion Essbase 7.1 also provides increased functionality with visual analysis capabilities, enabling all business users to rapidly identify trends and highlights in large data sets.

"Hyperion customers have expressed the need for advanced power and reach in business performance management solutions throughout their organisations," he says. "Hyperion Essbase 7.1 is an important step toward helping customers meet this need."

Hyperion is a global leader in business performance management software with more than 9 000 customers, including 91 of the Fortune 100. Its software enables organisations to translate strategies into plans, monitor execution, and gain insights that can be used to improve financial and operational performance.

GBI is a member of Hyperion`s 600-strong partner network that provides the company`s innovative and specialised solutions and services to customers across the globe.

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Global Technology Business Intelligence (GBI)

GBI provides BI solutions which include comprehensive support to the entire management cycle, delivering data platform and integration services, query and reporting, data analysis, performance scorecarding, modelling, budgeting, planning, activity-based costing, forecasting and financial consolidation and reporting. When these solutions are used in collaboration, they contribute towards improved organisational growth and profitability, and form a framework of BPM software solutions. GBI is the local distributor of Hyperion, Armstrong Laing and SPSS, and a reseller of Ascential products. These solutions are used by 85 leading South African companies, including 20 of the top 25 public companies.

Hyperion

Hyperion is the global leader in BPM software. More than 9 000 customers - including 91 of the Fortune 100 - rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading business intelligence platform to support and create BPM solutions. A network of more than 600 partners provides the company`s innovative and specialised solutions and services.

Named one of the Fortune 100 Best Companies to Work For 2004, Hyperion employs 2 600 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion - together with recently acquired Brio Software - generated combined annual revenues of $612 million for the 12 months ending 30 June 2003. Hyperion is traded under the Nasdaq symbol HYSL. For more information, visit www.hyperion.com or www.hyperion.com/contactus.

Editorial contacts

Tanya Furniss
Global Technology
(011) 319 9800
tfurniss@glotec.co.za