FOR IMMEDIATE RELEASE
Hyperion Essbase Named As Top Ten Technology Innovation Of The Decade By Information Age Magazine
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LONDON, UK– 16th August, 2005 – Hyperion Essbase has been named as one of the 10 most influential technology innovations of the last 10 years by Information Age magazine in its August 2005 issue.
Hyperion Essbase was ranked in the top 10 along with Netscape, Blackberry, Google, virtualisation, Voice Over IP (VOIP), Linux, XML, the Pentium processor and ADSL.
Writing in Information Age's 10th anniversary issue, editor Kenny MacIver said: “Hyperion Essbase was the multi-dimensional database technology that put online analytical processing on the business intelligence map. It has spurred the creation of scores of rival OLAP products – and billions of OLAP cubes”
Mike Shelton, Managing Director, EMEA Northern Region says: “This is a fantastic accolade for Hyperion Essbase. Information Age is one of the most respected and influential magazines in the IT industry. The fact that Hyperion Essbase is seen as one of the most innovative technologies of the last 10 years is clear recognition of its importance and impact on end user organisations. Hyperion Essbase is ample demonstration of our ability to continue to deliver one of the very best Business Performance Management and Business Intelligence products available. With the introduction of Hyperion Essbase 7X last year, we made the most significant advancement in analytic technology since the company introduced the original Essbase in 1992. We’ve enabled our customers to leverage the legendary power of Essbase to perform both traditional financial analysis as well as line of business analysis, all in one product while maintaining our historical market leading advantage in query performance.
Hyperion Essbase 7X is a powerful and highly scalable real-time enterprise analytic infrastructure available for both financial and line of business users. Hyperion Essbase 7X marries analytic excellence with performance, scalability and visual insight, making the analytics that finance departments have come to rely on for insight now available to business users in sales, marketing, supply chain, logistics and human resources. These advancements, made possible by unrivaled Aggregate Storage technology, are available for the first time in a single architecture that features advanced calculation speeds and large scale data scalability to meet the speed-of-thought response-time needs of users. Hyperion Visual Explorer, the industry’s first visual spreadsheet enables business users to discover trends, patterns and highlight exceptions in large data sets, while the Hyperion Data Integration Connector for SAP, enables customers to obtain even more value and performance from Hyperion’s most advanced analytic engine.
Hyperion Essbase 7X thus provides companies with a single infrastructure for all their analytics needs, which allows the IT organization to reap the benefits of standardization and lower its cost of ownership. Customers now can conduct traditional financial analysis and also non-financial, operational analysis for marketing, sales, human resources, the supply chain and other parts of the business—all from one product with no performance compromises.
More than 10,000 customers worldwide rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Major UK users of Hyperion Essbase include HBOS and Johnson Matthey
About Information Age
Founded in 1995, Information Age magazine is for all executives, regardless of job title, involved in the application of technology for strategic, competitive advantage, and improved efficiency. Its editorial objective is to help its readers become more confident and successful in their use of technology, in their choice of suppliers, products and services, and in their management of people and partners.
Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Along with the industry’s most comprehensive and flexible set of interoperable applications, Hyperion offers the leading Business Intelligence platform optimized to support Business Performance Management solutions.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company’s innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com/uk, e-mail email@example.com or call 01784 228015.
“Hyperion,” the Hyperion “H” logo and Hyperion’s product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only