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:
*
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 ...
* Hyperion Intelligence and SQR Production Reporting (products acquired in 2003 takeover of
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 ...
)
* 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 NetworkHyperion 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