With the OLAP market projected to grow at 40%+ year-to-year and if HYSL only maintains their market dominance, then is it fair to anticipate 40%+ top line revenue growth of this company? I would hope that earnings would then grow faster. Stock appears to then be attractively priced at this time.
The OLAP Report Ranks Hyperion Solutions
as Market Leader; Twenty-Four Percent
Market Share Puts Company Significantly
Ahead of Oracle
Business Wire - September 08, 1998 08:36
SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 8, 1998--Hyperion
Solutions (NASDAQ:HYSL), a leading provider of analytic application
software for reporting, analysis, modeling and planning, has been ranked as the
market leader for online analytical processing (OLAP) software, by The
OLAP Report, the leading research group for the OLAP industry. The ranking
gives Hyperion Solutions a 24.7 percent share of the 1997 OLAP market, 4
points above the closest competitor, Oracle.
"Hyperion Solutions is undoubtedly the new OLAP market share leader now
and is almost certain to be the market leader for the whole of 1998," said
Nigel Pendse, lead author of The OLAP Report (www.olapreport.com).
The OLAP Report developed the ranking for Hyperion Solutions through a
combination of the previous rankings for Hyperion Software and Arbor
Software. The two companies merged on August 24, 1998 to form Hyperion
Solutions. According to The OLAP Report, the OLAP market totaled $1.4
billion in 1997 and should near $2.0 billion in 1998.
Prior to the launch of Hyperion Solutions, The OLAP Report had predicted
that no single vendor would dominate the OLAP market within the next two
years. The latest edition of the OLAP Report ranks Hyperion Solutions as the
dominant player.
"If Hyperion manages the merger correctly and maintains focus, it will
dominate both the OLAP and analytical application software sectors," added
Pendse.
About The OLAP Report
The OLAP Report is aimed at organizations which are considering
implementing an OLAP business application. It helps them decide whether
OLAP is right for them, what applications are suitable, the type of products to
evaluate and the issues they should consider. Published by Business
Intelligence in the US and the UK, The OLAP Report is a comprehensive
review of OLAP technologies, applications, case studies and products. The
OLAP Report can be reached at www.olapreport.com, 1-800-690-OLAP,
or 44 (0) 181 879 3355.
About Hyperion Solutions
Hyperion Solutions Corporation (NASDAQ:HYSL), formed through the
merger of Hyperion Software and Arbor Software, is a leading provider of
analytic application software for reporting, analysis, modeling and planning.
Hyperion's family of packaged analytic applications, OLAP server, and
developer and end-user tools helps organizations maximize performance and
gain competitive advantage. Hyperion's products are in use by more than
4,000 customers worldwide, including more than 60 percent of the Fortune
100 and 40 percent of the Financial Times European Top 100. Hyperion
Solutions has established a broad set of partnerships with leading data
warehousing, OLAP tools, services, ERP, packaged application, and platform
vendors to extend the value of the company's products and services and
deliver maximum flexibility and choice to customers. The company is
headquartered in Sunnyvale, Calif. and has more than 1,800 employees in 26
countries. Information on Hyperion's products and services is available at
hyperion.com, info@hyperion.com, or 1-800-286-8000.
Hyperion is a registered trademark and Hyperion Solutions is a trademark of
Hyperion Software Operations Inc., a subsidiary of Hyperion Solutions
Corporation. Arbor is a registered trademark of Hyperion Solutions
Corporation. All rights reserved. All other trademarks and company names
mentioned are the property of their respective owners.
CONTACT: Hyperion Solutions
Alan Mangelsdorf, 203/703-3137
or
Hyperion Solutions
Joanna McMillan, 408/220-8075
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