Press Release Author = Nirmala D\'souza/ Oak Consulting
Industry = Software
Press Release Summary = Positioned in the Leaders Quadrant of Gartner's Magic Quadrant and as the Revenue Leader for Financial and Business Performance Management applications by IDC
Press Release Body = Dubai, United Arab Emirates, November 27, 2005: Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced that leading industry analyst firm Gartner Inc., has positioned it in the foremost position in the Leaders Quadrant of Gartner's Magic Quadrant for Corporate Performance Management (CPM) suites. Hyperion was also positioned as the Revenue Leader for Financial and Business Performance Management applications by IDC.
Gartner Inc., which published the Magic Quadrant for CPM suites report in November 2005, evaluated Hyperion on "completeness of vision" and its "ability to execute" in CPM suites.
According to Gartner, Leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.
IDC, the premier global market intelligence and advisory firm, reported that Hyperion leads the space with more than 20.7 percent market share, according to calendar year 2004 software license and maintenance revenues. Hyperion has more than double the market share of its nearest competitor who trails with only 8.5 percent, and has been the revenue leader for the Business Performance Management market since 1999.
"The IDC report confirms that Hyperion is still the overwhelming preference of the worlds most forward thinking organizations who strive to achieve the highest levels of performance visibility," said Alistair Menzies Anderson, Regional Director - Middle East of Hyperion. "The combination of our market-leading applications and popular statutory and management reporting software is a powerful advantage for our customers. And, in combination, they enable true Business Performance Management."
"Most organizations who are serious about Business Performance Management have Hyperion's applications on the short list," said Kathleen Wilhide, IDC research director, Corporate Compliance and Business Performance Management Applications. "Hyperion's focus on profitability is also a huge driver for the company, as it is a key element of management reporting that is on the agenda of most organizations, and is emerging as a major pillar of Business Performance Management implementations."
"Our vision to enable companies to actively manage their success has been endorsed by our customers. With the powerful and comprehensive integration of our business intelligence platform and leading financial management applications in Hyperion System 9, we have once again demonstrated that we can stay years ahead of the competition in terms of delivering market-leading Business Performance Management solutions to the marketplace," Alistair Menzies Anderson adds.
Gartner defines CPM as not only the processes used to manage corporate performance, but also the methodologies that may drive some of the processes, the metrics used to measure performance against strategic and operational performance goals, and the appropriate supporting systems. Hyperion uses a similar term, Business Performance Management, to define its solutions that are designed to help businesses translate strategies into plans, monitor execution and provide insight to improve financial and operational performance.
About The Magic Quadrant The Magic Quadrant is copyrighted 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner\'s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the \"Leaders\" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Hyperion Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Hyperion offers the industry\'s only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company's innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com
Sybase Products Middle East is the regional distributor of Hyperion Solution in the region. Sybase is the largest enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers to create an information edge. For more information, visit the Sybase Web site: http://www.sybase.ae "Hyperion," the Hyperion "H" logo and Hyperion's product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.
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