Leading Dot-com Companies Select Hyperion's Analytic Application Platform to Gain Deeper E-business Insights
Business Wire - December 07, 1999 15:02
SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 7, 1999--
AskJeeves.com, AutoWeb.com, Phone.com and Others Turn to
Hyperion To Increase Competitive Advantage
The industry's leading dot-com companies are turning to Hyperion to better understand and optimize their business performance. Hyperion today announced major wins with dot-com companies using Hyperion's market-leading analytic application platform to increase their competitive advantage in the fast-paced, high-growth e-business market.
Internet-based companies, such as AskJeeves.com, AutoWeb.com, Phone.com, and others, have standardized on Hyperion's OLAP (online analytical processing) technology and packaged analytic applications. These companies are using Hyperion's analytic platform to transform transactional data from e-business and "brick and mortar" systems into actionable information. Analytic applications from Hyperion and Hyperion partners help these companies optimize promotional campaigns, expand their revenue opportunities and drive more profitable customer interactions.
"Dot-com companies across all industries share the same challenges as 'brick-and-mortar' companies, and their success hinges on the ability to make rapid business decisions that improve their top and bottom line," said Steve Fioretti, vice president of marketing at Hyperion. "In the midst of growing and operating at hyper-speed, these companies are rapidly deploying Hyperion's analytic application software to gain broad insights into their business and make more strategic, meaningful decisions to optimize their businesses."
AskJeeves.com Streamlines Financial Planning and Reporting
AskJeeves.com is a provider of natural-language question answering services for consumers and companies on the Web allowing users to ask questions in plain English and be directed to Web sites containing answers. AskJeeves.com streamlined financial planning and reporting using Hyperion Pillar.
"As a start-up, we quickly needed to be able to build a financial business reporting structure that captured information from our general ledger system and disseminated detailed reports specific to the needs of individual managers," said Steve Sordello, director of Planning and Analysis at AskJeeves.com. "By leveraging Hyperion Pillar we are able to better control the budgeting, forecasting, outlooks and reporting processes in a dynamic organizational environment. Our financial analysts now have the ability to monitor and control financial information specific to their responsibilities and, therefore, facilitate strategic business decisions."
Phone.com Plans and Manages Aggressive Growth
Phone.com, a leading provider of Internet-based information software and services for mass market wireless telephones, selected Hyperion's software to analyze and manage the company's rapid growth.
"The challenge facing an organization such as ours is the ability to plan and control aggressive growth," said Timothy Kral, director of Business Planning and Analysis for Phone.com. "As we moved from a pure IPO to a highly capitalized firm, it became imperative that we developed the ability to tie our company's quarterly planning cycle to our strategic initiatives. The phenomenon is hyper-growth; the continuing evolution of our business model and the incorporation of cross border acquisitions. After the IPO, it was obvious that we had to move quickly from a two dimensional system to a proven analytic platform. Pillar is part of an overall financial strategy to drive value creation across the organization. Today, our managers and analysts can instantaneously analyze financial data and drive critical business decisions by applying what-if scenarios to quarterly outlooks, drill down to variance casualties and focus on headcount planning."
About Hyperion
The worldwide analytic application software leader, Hyperion Solutions Corporation (Nasdaq:HYSL) gives today's knowledge workers the "freedom to succeed" with software, services and partner offerings that help them understand and optimize their businesses. More than 6,000 organizations worldwide use Hyperion's analytic application software products, which include market-leading packaged analytic applications, and OLAP server technology and tools. Hyperion's customers include more than 60 of the Fortune 100 and more than 40 of the Financial Times European Top 100 companies. In addition, more than 300 leading data warehousing, OLAP tools, services, ERP, packaged application, and platform alliance partners extend the value of Hyperion's products and services to deliver maximum flexibility and choice to customers. Headquartered in Sunnyvale, California, the company has offices in 26 countries. Information on Hyperion's products and services is available at hyperion.com, info@hyperion.com, or 1-800-286-8000.
Note to Editors: Hyperion is a registered trademark and Hyperion Pillar and Hyperion Solutions are trademarks of Hyperion Solutions Corporation. All other trademarks and company names mentioned are the property of their respective owners.
CONTACT: Hyperion
Riki Sangha, 408/220-8002
riki_sangha@hyperion.com
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