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Gartner places Hyperion in CPM leaders' quadrant


Johannesburg, 16 Mar 2007
Read time 1min 40sec

Hyperion, distributed locally by Intellient, an EOH company, has been placed in the leaders' quadrant in Gartner's 2006 Magic Quadrant for corporate performance management (CPM) suites.

The report lists Hyperion among a field of 16 vendors. Gartner weighed Hyperion's completeness of vision and its ability to execute in determining its position in the Magic Quadrant.

"Hyperion has a comprehensive CPM offering including planning, budgeting and forecasting; financial consolidation and statutory reporting; and strategic planning," says Marc Scheepbouwer, MD of Intellient. "It also offers a range of scorecarding and reporting products, and delivers profitability modelling."

The Magic Quadrant uses multiple criteria to characterise companies in the leaders, challengers, visionaries and niche players' quadrants. It is a graphical representation of the marketplace for a specific time period that depicts Gartner's analysis of how certain vendors measure up against criteria for that marketplace.

According to Gartner, leaders are vendors whose performance excels in the CPM suites market segment. They are able to deliver breadth and depth of CPM suite functionality, and deliver on implementations that support a broad CPM strategy. Leaders successfully articulate a business proposition that works with buyers, supported by the viability and operational capability to deliver on a global basis.

"Hyperion's strong brand awareness with CFOs and other senior executives means it is present in virtually every CPM suite evaluation," says Godfrey Sullivan, chairman and CEO of Hyperion. "Now more than ever, Hyperion is devoted to being the management system for today's organisation. As we build on the success of Hyperion System 9 with new applications and capabilities, we will work hard to earn that market position again and again."

Intellient

Intellient provides business intelligence (BI) and business performance management (BPM) solutions to mid-sized and large organisations that require support for their management cycle. Intellient strives to provide solutions that improve organisational growth and profitability for their customers. This is achieved through Hyperion System 9, which includes: data analysis and integration services; querying and reporting, performance scorecarding, modelling, budgeting, planning, forecasting, financial consolidation and reporting. Hyperion software is used by more than 12 000 customers globally and by nearly 100 companies locally. As a member of the EOH Group of companies, Intellient distributes Hyperion solutions to the southern African market. Visit www.intellient.co.za for further details.

Hyperion

Hyperion Solutions Corporation (Nasdaq Global Select: HYSL) is the global leader in business performance management software. More than 12 000 customers in 90 countries rely on Hyperion both for insight into current business performance and to drive performance improvement. With Hyperion software, businesses collect, analyse and share data across the organisation, linking strategies to plans and monitoring execution against goals. Hyperion integrates financial management applications with a business intelligence platform into a single management system for the global enterprise. For more information, visit www.hyperion.com.

Named one of the Fortune 100 Best Companies to Work For (2004), Hyperion serves global customers in more than 90 countries. A network of more than 600 partners provides the company's innovative and specialized solutions and services. Hyperion generated revenues of $765 million for the fiscal year that ended 30 June 2006 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.

Editorial contacts
Predictive Communications Nestus Bredenhann (011) 608 1700 nestus@predictive.co.za
Intellient Rentia Tutton (011) 607 8135 rentiat@eoh.co.za
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