Hyperion Again Achieves Leadership Status in Metaspectrum Business Performance Management Market Evaluation
01 Aprile 2004 - 9:10PM
PR Newswire (US)
Hyperion Again Achieves Leadership Status in Metaspectrum Business
Performance Management Market Evaluation Hyperion Acknowledged for
Business Performance Management Solution Strengths SUNNYVALE,
Calif., April 1 /PRNewswire-FirstCall/ -- Hyperion , 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
METAspectrum(SM) Business Performance Management software
evaluation. META Group is aleading 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 Hyperion's advanced balanced scorecard
functionality, sophisticated modeling 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 company's products, including its
financial consolidation,planning and budgeting, business modeling,
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 customer's needs is paying off."
About METAspectrum METAspectrum(SM) evaluations from META Group
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
http://www.metagroup.com/metaspectrum. NOTE: METAspectrumsm market
evaluations and results are the sole property of META Group, Inc.
and are Copyright (C) 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 company's innovative and specialized
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
combinedannual 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 http://www.hyperion.com/,
http://www.hyperion.com/contactus or call 800-286-8000 (U.S. only).
Safe Harbor 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. NOTE: Hyperion is a
registered trademark of Hyperion Solutions Corporation. All other
trademarks and company names mentioned are the property of their
respective owners. DATASOURCE: Hyperion CONTACT: Valerie Beaudett
of Hyperion Solutions, +1-408-220-8528, or Web site:
http://www.hyperion.com/
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