Hyperion again achieves leadership status in METAspectrum business performance management market evaluation
Announcement posted by Hyperion Solutions 03 Apr 2004
Hyperion acknowledged for business performance management solution strengths
Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced that for the second year in a row, it has ranked as a leader in the METAspectrumSM Business Performance Management software evaluation. META Group (Nasdaq: METG) is a leading research and consulting firm that focuses on information technology and business transformation strategies. The new METAspectrum evaluation provides an objective assessment of companies providing Business Performance Management solutions.
Hyperion scored a rating of excellent in several key categories including company financials, domain knowledge, management team expertise and ability to execute on its vision The evaluation also noted Hyperions advanced balanced scorecard functionality, sophisticated modelling capabilities, robust analytics, direct data path from existing ERP or other legacy systems and easy to use navigation environment. In addition the report mentioned that the companys products, including its financial consolidation, planning and budgeting, business modelling, scorecarding and dashboarding and reporting and analysis tools will be positioned well in the overall market.
Hyperion has maintained a consistently strong vision and has been executing well on it, said John Van Decker, vice president technology research for META Group. The company offers a comprehensive, modular suite of applications that provides sophisticated functionality, enabling closed-loop business performance management. Coupled with their Business Intelligence platform, the product suite offers broad and deep functionality.
Hyperion is very dedicated to delivering market-leading solutions to help customers improve their financial and operational performance, said Nazhin Zarghamee, chief marketing officer for Hyperion. The METAspectrum scoring of the Hyperion Business Performance Management solution is validation that our dedication to meeting our customers needs is paying off.
About METAspectrum
METAspectrumSM evaluations from META Group (Nasdaq: METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum delivers comprehensive evaluations of both technology markets and vendor product offerings. There are multiple market evaluations planned for release in 2004 and beyond. METAspectrum evaluations are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum.
METAspectrumsm market evaluations and results are the sole property of META Group, Inc. and are Copyright 2004 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product.
About Hyperion
Hyperion is the global leader in Business Performance Management software. More than 9,000 customers including 91 of the FORTUNE 100 rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading business intelligence platform to support and create Business Performance Management solutions. A network of more than 600 partners provides the companys innovative and specialised solutions and services.
Named one of the FORTUNE 100 Best Companies to Work For 2004, Hyperion employs approximately 2,600 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion together with recently acquired Brio Software Inc. generated combined annual revenues of $612 million for the 12 months ending June 30, 2003. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.au .
Safe Harbour Statement
Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on August 13, 2003 and the Report on Form 10-Q filed on February 9, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
Hyperion scored a rating of excellent in several key categories including company financials, domain knowledge, management team expertise and ability to execute on its vision The evaluation also noted Hyperions advanced balanced scorecard functionality, sophisticated modelling capabilities, robust analytics, direct data path from existing ERP or other legacy systems and easy to use navigation environment. In addition the report mentioned that the companys products, including its financial consolidation, planning and budgeting, business modelling, scorecarding and dashboarding and reporting and analysis tools will be positioned well in the overall market.
Hyperion has maintained a consistently strong vision and has been executing well on it, said John Van Decker, vice president technology research for META Group. The company offers a comprehensive, modular suite of applications that provides sophisticated functionality, enabling closed-loop business performance management. Coupled with their Business Intelligence platform, the product suite offers broad and deep functionality.
Hyperion is very dedicated to delivering market-leading solutions to help customers improve their financial and operational performance, said Nazhin Zarghamee, chief marketing officer for Hyperion. The METAspectrum scoring of the Hyperion Business Performance Management solution is validation that our dedication to meeting our customers needs is paying off.
About METAspectrum
METAspectrumSM evaluations from META Group (Nasdaq: METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum delivers comprehensive evaluations of both technology markets and vendor product offerings. There are multiple market evaluations planned for release in 2004 and beyond. METAspectrum evaluations are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum.
METAspectrumsm market evaluations and results are the sole property of META Group, Inc. and are Copyright 2004 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product.
About Hyperion
Hyperion is the global leader in Business Performance Management software. More than 9,000 customers including 91 of the FORTUNE 100 rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading business intelligence platform to support and create Business Performance Management solutions. A network of more than 600 partners provides the companys innovative and specialised solutions and services.
Named one of the FORTUNE 100 Best Companies to Work For 2004, Hyperion employs approximately 2,600 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion together with recently acquired Brio Software Inc. generated combined annual revenues of $612 million for the 12 months ending June 30, 2003. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.au .
Safe Harbour Statement
Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on August 13, 2003 and the Report on Form 10-Q filed on February 9, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.