Hyperion Solutions

Hyperion Solutions Corporation
Hyperion Solutions Corporation
	Headquarters in Santa Clara, California
Traded as	(Nasdaq: HYSL)
Industry	Software
Founded	1981
Defunct	2006
Fate	Acquired by Oracle Corporation
Headquarters	Santa Clara, California, United States
Key people	Godfrey R. Sullivan; (President and CEO)
Products	Business intelligence tools; Business performance management tools

Hyperion Solutions Corporation was a software company located in Santa Clara, California, which was acquired by Oracle Corporation in 2007. Many of its products were targeted at the business intelligence (BI) and business performance management markets, and as of 2013^[update] were developed and sold as Oracle Hyperion products. Hyperion Solutions was formed from the merger of Hyperion Software (formerly IMRS) and Arbor Software in 1998.

History

1981 - IMRS founded by Bob Thomson and Marco Arese
1983 - IMRS launches financial and management consolidation software called "Micro Control"
1985 - IMRS hires Jim Perakis as CEO; he remains in this position during growth from $1M to almost $300M
1991 - IMRS becomes a public company and launches a Windows-based successor to 'Micro Control' called 'Hyperion'
1992 - Arbor Software ships first version of Essbase Online Analytical processing OLAP software
1995 - Due to the success of the "Hyperion" product IMRS changes name to "Hyperion Software Corporation" and the name of the product is changed to "Hyperion Enterprise." Arbor becomes a publicly held company
1997 - Arbor acquires Appsource
1998 - Hyperion Software merges with Arbor and the combined company is renamed Hyperion Solutions
1999 - Jeffrey Rodek named as Hyperion Chairman and CEO of Hyperion. Hyperion acquires Sapling Corporation (Enterprise Performance Management applications)
2001 - Godfrey Sullivan is named Hyperion President and COO
2003 - Hyperion acquires Brio Technology and The Alcar Group
2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and CEO
2005 - Hyperion acquires Razza Solutions (Master data management) and appoints Northdoor as a reseller in the UK and Ireland.
2006 - Hyperion acquires UpStream (Financial Data Quality Management)
2006 - Hyperion acquires Beatware (Data visualization for Web and Mobile Devices)
2007 - Hyperion acquired Decisioneering (Crystal Ball software).

Oracle Corporation announced on March 1, 2007 it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash. The transaction was completed on April 18, 2007 and Hyperion now operates as a division of Oracle. Oracle extended support for most Hyperion products to at least 2036. Hyperion BI tools were bundled into Oracle Business Intelligence Suite Enterprise Edition.

Market

Vendors in the business intelligence space are often categorized into:

The consolidated big four "megavendors", which include Oracle Hyperion as well as SAP BusinessObjects, IBM Cognos, and Microsoft BI.
The independent "pure-play" vendors, the largest being MicroStrategy, Tableau, QlikView and SAS.

Products

Hyperion software products included:

Essbase
Hyperion Intelligence and SQR Production Reporting (products acquired in 2003 takeover of Brio Technology)
Hyperion Enterprise
Hyperion Planning
Hyperion Strategic Finance
Hyperion Financial Data Management
Hyperion Enterprise Performance Management Architect
Hyperion Financial Close Management
Hyperion Account Reconciliation
Hyperion Disclosure Management
Hyperion Performance Scorecard
Hyperion Business Modelling
Hyperion Financial Management
Hyperion Master Data Management/Oracle Data Relationship Management
Hyperion Financial Reporting
Hyperion Web Analysis
Hyperion SmartView
Hyperion EPM Workspace
Hyperion Profitability and Cost Management
Hyperion System 9 BI+ (a combination of Interactive Reporting, SQR, Web Analysis, Financial Reporting, EPM Workspace and SmartView)
Hyperion Financial Data Quality Management (also referred to as FDMEE, for Enterprise Edition)
Hyperion Tax Provision
Planning Budgeting Cloud Service
Enterprise Performance Reporting Cloud Service

References

↑ Kathy Williams; James Hart (September 1995), Hyperion: Software Titan," Management Accounting, pp. 75–78
↑ Willis, Clint (1998-05-10). "Buried Treasures". Forbes.
↑ "Hyperion Spins Off Appsource; Goes For Ms Olap Space". Computergram International. 1999-02-09.
↑ Luening, Erich (May 26, 1998). "Arbor Software, Hyperion merge". CNET News.
↑ "Hyperion Acquires Razza Solutions; Delivers Master Data Management for Business Performance Management". Information Management. January 26, 2005.
↑ "Hyperion Appoints Northdoor To Distribute Entire Business Performance Management Portfolio". SourceWire. Retrieved 2012-10-02.
↑ Havenstein, Heather (April 20, 2006). "Hyperion to acquire data-quality vendor UpStream Software". Computerworld.
↑ "Q2 2007 Hyperion Earnings Conference Call". January 23, 2007.
↑ "Hyperion to Acquire Decisioneering". Information Management. January 24, 2007.
↑ Archived March 3, 2007, at the Wayback Machine
↑ Oracle Buys Enterprise Performance Management Leader Hyperion Archived September 21, 2016, at the Wayback Machine, March 1, 2007, Oracle Press Release
↑ Archived May 14, 2008, at the Wayback Machine
↑ "Hyperion Support". October 2025.
↑ Weier, Mary Hayes (April 12, 2008). "How To Choose Among The Four Bright Lights Of BI". InformationWeek.
↑ Weier, Mary Hayes (November 12, 2007). "What IBM's Cognos Acquisition Means For The BI Market And Its Customers".

External links

[1] Kathy Williams; James Hart (September 1995), Hyperion: Software Titan," Management Accounting, pp. 75–78

[2] Willis, Clint (1998-05-10). "Buried Treasures". Forbes.

[3] "Hyperion Spins Off Appsource; Goes For Ms Olap Space". Computergram International. 1999-02-09.

[4] Luening, Erich (May 26, 1998). "Arbor Software, Hyperion merge". CNET News.

[5] "Hyperion Acquires Razza Solutions; Delivers Master Data Management for Business Performance Management". Information Management. January 26, 2005.

[6] "Hyperion Appoints Northdoor To Distribute Entire Business Performance Management Portfolio". SourceWire. Retrieved 2012-10-02.

[7] Havenstein, Heather (April 20, 2006). "Hyperion to acquire data-quality vendor UpStream Software". Computerworld.

[8] "Q2 2007 Hyperion Earnings Conference Call". January 23, 2007.

[9] "Hyperion to Acquire Decisioneering". Information Management. January 24, 2007.

[10] Archived March 3, 2007, at the Wayback Machine

[11] Oracle Buys Enterprise Performance Management Leader Hyperion Archived September 21, 2016, at the Wayback Machine, March 1, 2007, Oracle Press Release

[12] Archived May 14, 2008, at the Wayback Machine

[13] "Hyperion Support". October 2025.

[14] Weier, Mary Hayes (April 12, 2008). "How To Choose Among The Four Bright Lights Of BI". InformationWeek.

[15] Weier, Mary Hayes (November 12, 2007). "What IBM's Cognos Acquisition Means For The BI Market And Its Customers".