Johannesburg, 09 Jul 2001
Hyperion Solutions has extended its lead in the global OLAP (online analytical processing) market from 14,9% in 1999 to 20,1% for 2000. This is the report from the 2000 business intelligence market share survey published by International Data Corporation (IDC).
Global Technology Business Intelligence (GBI) distributes Hyperion products in southern Africa. The report adds that business intelligence software will assume an increasingly strategic role in the enterprise, as growing demand for analytic applications has spurred demand for underlying business intelligence tools.
"We increased our revenues by nearly 35% in a market that only grew 18%," says Craig Manning, Hyperion director, Indirect Markets EMEA. "Hyperion closed five multimillion-dollar deals in the last half-year. This level of investment in time, energy, and money shows that companies have moved our software into the strategic and enterprise-wide solution space," Manning continues.
"Our share of the South African OLAP market has grown along with that in the rest of the world, with a large number of South Africa`s top corporate companies now using Hyperion Essbase technology," says Johan Cloete, CEO at GBI.
Dr Henry Morris, VP for Applications and Information Access at IDC, notes that the business value of an OLAP server is demonstrated by the analytic applications it can support.
"At Solutions 2001, Hyperion Essbase customers shared stories of successful implementations across a broad spectrum of business functions such as sales and marketing, finance, manufacturing, and human resources," says Morris. "This breadth of support for analytic applications has helped Hyperion maintain its position for the last several years as the revenue leader for OLAP/multi-dimensional analysis software."
Over 6 000 companies across a broad spectrum of industries rely on Hyperion`s technology, tools, and analytic applications everyday to solve real business problems.
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