Hyperion Solutions Corporation was a software company located in Santa Clara, California, which was acquired by Oracle Corporation in 2007. Many of its products were targeted at the

business intelligence Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical pr ...

(BI) and

business performance management Business performance management (BPM), also known as corporate performance management (CPM) and enterprise performance management (EPM),) is a set of performance management and analytic processes that enables the management of an organization's ...

markets, and were developed and sold as Oracle Hyperion products. Hyperion Solutions was formed from the merger of ''Hyperion Software'' (formerly IMRS) and ''Arbor Software'' in 1998.

History

* 1981 - IMRS founded by Bob Thomson and Marco Arese * 1983 - IMRS launches financial and management consolidation software called "Micro Control" * 1985 - IMRS hires Jim Perakis as CEO; he remains in this position during growth from $1M to almost $300M * 1991 - IMRS becomes a public company and launches a Windows-based successor to 'Micro Control' called 'Hyperion' * 1992 - Arbor Software ships first version of

Essbase Essbase is a multidimensional database management system (MDBMS) that provides a platform upon which to build analytic applications. Essbase began as a product from Arbor Software, which merged with Hyperion Software in 1998. Oracle Corporation a ...

Online Analytical processing OLAP software * 1995 - Due to the success of the "Hyperion" product IMRS changes name to "Hyperion Software Corporation" and the name of the product is changed to "Hyperion Enterprise." Arbor becomes a

publicly held A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( lis ...

company * 1997 - Arbor acquires Appsource * 1998 - Hyperion Software merges with Arbor and the combined company is renamed ''Hyperion Solutions'' * 1999 - Jeffrey Rodek named as Hyperion Chairman and CEO of Hyperion. Hyperion acquires Sapling Corporation (Enterprise Performance Management applications) * 2001 - Godfrey Sullivan is named Hyperion President and COO * 2003 - Hyperion acquires

Brio Technology Brio Technology was a San Francisco Bay area software company cofounded in 1984 by Yorgen Edholm and Katherine Glassey. The company is best known for their business intelligence software systems, starting with DataPivot on the Apple Macintosh. Brio ...

and The Alcar Group * 2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and CEO * 2005 - Hyperion acquires Razza Solutions (

Master data management Master data management (MDM) is a technology-enabled discipline in which business and information technology work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise's official shared ...

) and appoints Northdoor as a reseller in the UK and Ireland. * 2006 - Hyperion acquires UpStream (Financial Data Quality Management) * 2006 - Hyperion acquires Beatware (Data visualization for Web and Mobile Devices) * 2007 - Hyperion acquired Decisioneering (Crystal Ball software). Oracle Corporation announced on March 1, 2007 it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash. The transaction was completed on April 18, 2007 and Hyperion now operates as a division of Oracle. Oracle extended support for most Hyperion products (v11.1.2.x) to 2018. Hyperion BI tools were bundled into Oracle Business Intelligence Suite Enterprise Edition.

Market

Vendors in the business intelligence space are often categorized into: * The consolidated big four "megavendors", which include Oracle Hyperion as well as

SAP Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separ ...

BusinessObjects Business Objects (BO, BOBJ, or BObjects) was an enterprise software company, specializing in business intelligence (BI). Business Objects was acquired in 2007 by German company SAP AG. The company claimed more than 46,000 customers in its final ea ...

, IBM

Cognos Cognos Incorporated was an Ottawa, Ontario-based company making business intelligence (BI) and performance management (PM) software. Founded in 1969, at its peak Cognos employed almost 3,500 people and served more than 23,000 customers in ov ...

, and Microsoft BI. * The independent "pure-play" vendors, the largest being MicroStrategy, Tableau, QlikView and SAS. BI market surveys and analyses include: * Gartner's BI

Magic Quadrant Magic Quadrant (MQ) is a series of market research reports published by IT consulting firm Gartner that rely on proprietary qualitative data analysis methods to demonstrate market trends, such as direction, maturity and participants. Their anal ...

- In 2007, Gartner placed Hyperion in its "Leader" quadrant for both Business Intelligence Platforms and Corporate Performance Management. * Business Application Research Center (BARC)'s The BI Survey and The BI Verdict (formerly The OLAP Report)

Products

Hyperion software products included: *

* Hyperion Intelligence and SQR Production Reporting (products acquired in 2003 takeover of

) * Hyperion Enterprise *

Hyperion Planning Hyperion Solutions Corporation was a software company located in Santa Clara, California, which was acquired by Oracle Corporation in 2007. Many of its products were targeted at the business intelligence (BI) and business performance management ...

* Hyperion Strategic Finance * Hyperion Financial Data Management * Hyperion Enterprise Performance Management Architect * Hyperion Financial Close Management * Hyperion Account Reconciliation * Hyperion Disclosure Management * Hyperion Performance Scorecard * Hyperion Business Modelling * Hyperion Financial Management * Hyperion Master Data Management/Oracle Data Relationship Management * Hyperion Financial Reporting * Hyperion Web Analysis * Hyperion SmartView * Hyperion EPM Workspace * Hyperion Profitability and Cost Management * Hyperion System 9 BI+ (a combination of Interactive Reporting, SQR, Web Analysis, Financial Reporting, EPM Workspace and SmartView) * Hyperion Financial Data Quality Management (also referred to as FDMEE, for Enterprise Edition) * Hyperion Tax Provision * Planning Budgeting Cloud Service * Enterprise Performance Reporting Cloud Service

References

External links

*
The Hyperion Developer Network

Hyperion Press Kit
{{Oracle Software companies based in the San Francisco Bay Area Software companies established in 1981 Defunct software companies of the United States Oracle acquisitions Business software companies Companies based in Santa Clara, California 2007 mergers and acquisitions