SUNNYVALE, Calif.--(BUSINESS WIRE)--April 13, 1999--
Hyperion Enterprise 5 Delivers Performance Enhancements and New
Capabilities for World-Class Financial Consolidation, Reporting and
Analysis
6 Signaling a new era in strategic financial systems, Hyperion
Solutions (NASDAQ:HYSL), the leading provider of analytic application
software, today announced Hyperion Enterprise 5.
6 The market-leading packaged analytic application used by more
than 3,000 companies worldwide for financial consolidation, reporting,
and analysis, Hyperion Enterprise simplifies the collection,
consolidation and reporting of financial results in global business
environments, reduces the time organizations spend on these
activities, and greatly enhances financial analysis and planning
capabilities.
6 Hyperion Enterprise 5 raises the bar for strategic financial
software, delivering complete support for global business
requirements, seamless OLAP integration and comprehensive reporting
and analysis capabilities. Hyperion Enterprise 5 delivers
breakthroughs in performance and scalability, sets a new standard for
flexible deployment and manageability, offers compelling Web and
Internet features, and provides an open, interoperable solution to
extend and enhance ERP systems and general ledgers.
6 "While testing Hyperion Enterprise 5 in our strategic markets
area, we were able to reduce the amount of time we spend on data
collection and financial consolidation by two person days -- almost
three times faster than previous versions," said Clive Brooker,
systems development accountant at British Telecommunications.
6 "Our users see this as an opportunity to spend less time
producing the numbers and more time analyzing the information.
Hyperion Enterprise 5 offers us the flexibility to alter our model to
reflect business changes. We can also restructure our organization as
we acquire interests around the world and engage in joint-ventures."
6 "Organizations need financial consolidation software like
Hyperion Enterprise 5, which frees financial professionals from
mundane tasks, and allows them to concentrate on analyzing and
optimizing their business," said Henry Morris, VP for Data Warehousing
and Applications at International Data Corporation.
6 "Financial/accounting related applications were the first
analytic applications to be packaged. As a result, this sector is the
largest in the diversified analytic applications market, and Hyperion
Enterprise is the single leading packaged analytic application from a
revenue perspective."
6 Reflecting more than two years of software development, Hyperion
Enterprise 5 provides dramatic new features and benefits:
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-- Major Performance Improvements: Hyperion Enterprise 5 loads and
consolidates data two to three times faster than previous
versions, resulting in shortened closing cycles, faster reporting
and more time for value-added analysis.
-- Enhanced Scalability: Hyperion Enterprise 5 supports larger
applications, allowing companies to capture, report and analyze
detailed line of business information as well as support future
growth, mergers and acquisitions.
-- Powerful Application Server: Hyperion Enterprise 5 supports one-,
two- and three-tier configurations, allowing high-volume
processing tasks to be offloaded to scalable application servers.
New application server functions further speed data loading and
consolidation performance and increases system capacity.
-- Flexible Deployment Capabilities: Hyperion Enterprise 5
streamlines the deployment of both distributed and centralized
applications and can leverage comprehensive web-enabled data
entry and information delivery.
-- OLAP Integration: Hyperion Enterprise 5 includes out-of-the-box
integration with Hyperion Essbase OLAP (online analytical
processing) Server to deliver advanced reporting, analysis,
modeling and planning capabilities to thousands of users through
a variety of client-server and web-enabled tools.
-- Complete Global Support: Hyperion Enterprise 5 addresses all
major global, local and regional accounting requirements and
provides extensive support for managing the transition to the EMU
(European Monetary Union).
-- Integrated Financial Consolidation, Budgeting and Planning:
Hyperion Enterprise 5 delivers integration with Hyperion Pillar,
the market-leading analytic application for budgeting, planning
and forecasting.
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6 Availability
6 Hyperion Enterprise 5 will ship in April 1999 and will be
available in English, French, German, Japanese, Korean and Spanish.
Hyperion Enterprise 5 supports Microsoft Windows '95, Windows '98 and
Windows NT clients. The Hyperion Enterprise 5 application server runs
on Windows NT and the relational storage option supports Oracle and
Sybase relational databases running on Windows NT and UNIX.
6 About Hyperion Solutions
6 Hyperion Solutions Corporation (NASDAQ:HYSL) is the leading
provider of analytic application software for reporting, analysis,
modeling and planning. Hyperion's family of packaged analytic
applications, OLAP server, and reporting, presentation, analysis and
application development tools are in use by more than 5,500
organizations worldwide. Hyperion's customer base includes more than
60 of the Fortune 100 and more than 40 of the Financial Times European
Top 100 companies.
6 Hyperion Solutions has established partnerships with more than
300 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. Headquartered in Sunnyvale, the company has offices in 26
countries. Information on Hyperion's products and services is
available at hyperion.com, info@hyperion.com, or
800/286-8000. |
