Hyperion, the global leader in business performance management (BPM) software, has earned a high rating in the first SPEX BPM software evaluation.
This follows Gartner`s recognition of Hyperion as the company best positioned to fulfil on the requirements of BPM in its first Magic Quadrant released late last year.
This rating marks the fourth consecutive year the company has obtained high marks in the SPEX evaluations. SPEX, a division of META Group, provides enterprise software evaluations to help global companies choose business applications and IT solutions to meet their needs.
Hyperion is distributed locally by Global Technology Business Intelligence (GBI).
Hyperion`s Business Performance Management Suite received a SPEXmark rating of "excellent plus" for functionality and market strength and an overall rating of "excellent". The SPEX product evaluation also noted Hyperion`s key strengths in BPM core elements, including data collection and verification, consolidation, budgeting and planning, reporting and analysis, scorecards and dashboards and management of reporting indicators.
"BPM is among the most important areas for enterprise application evolution in 2003 due to an increasing enterprise-level awareness of the importance of analytical capabilities and data visibility across functions in the organisation, not the least of which is finance," comments Zeynet Babat, research analyst at META Group. "It will only grow in importance as companies come to grips with increasing requirements for financial and operational accountability."
"Leading South African corporations have been extremely receptive to the value proposition as defined and executed by Hyperion," says Marc Scheepbouwer, CEO of GBI. "We have found it relatively easy to drive home the message of BPM, and to help our customers better drive breakthrough financial and operational performance, enterprise-wide."
* Highlights of the SPEX evaluation are available on Hyperion`s Web site at http://www.hyperion.com/spex.
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