Hyperion Solutions Corporation was a software company located in

Santa Clara, California Santa Clara (; Spanish for " Saint Clare") is a city in Santa Clara County, California. The city's population was 127,647 at the 2020 census, making it the eighth-most populous city in the Bay Area. Located in the southern Bay Area, the cit ...

, which was acquired by

Oracle Corporation Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells da ...

in 2007. Many of its products were targeted at the

business intelligence Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical ...

(BI) and

business performance management Business performance management (BPM), also known as corporate performance management (CPM) and enterprise performance management (EPM),) is a set of performance management and analytic processes that enables the management of an organization's p ...

markets, and 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 Essbase is a multidimensional database management system (MDBMS) that provides a platform upon which to build analytic applications. Essbase began as a product from Arbor Software, which merged with Hyperion Software in 1998. Oracle Corporation a ...

Online Analytical processing

OLAP Online analytical processing, or OLAP (), is an approach to answer multi-dimensional analytical (MDA) queries swiftly in computing. OLAP is part of the broader category of business intelligence, which also encompasses relational databases, repor ...

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 Brio Technology was a San Francisco Bay area software company cofounded in 1984 by Yorgen Edholm and Katherine Glassey. The company is best known for their business intelligence software systems, starting with DataPivot on the Apple Macintosh. Brio ...

and The Alcar Group * 2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and CEO * 2005 - Hyperion acquires Razza Solutions (

Master data management Master data management (MDM) is a technology-enabled discipline in which business and information technology work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise's official shared ...

) 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).

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 (v11.1.2.x) to 2018. 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 Business Objects (BO, BOBJ, or BObjects) was an enterprise software company, specializing in business intelligence (BI). Business Objects was acquired in 2007 by German company SAP AG. The company claimed more than 46,000 customers in its final ea ...

, IBM

Cognos Cognos Incorporated was an Ottawa, Ontario-based company making business intelligence (BI) and performance management (PM) software. Founded in 1969, at its peak Cognos employed almost 3,500 people and served more than 23,000 customers in ov ...

, and

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washi ...

BI. * The independent "pure-play" vendors, the largest being MicroStrategy, Tableau, QlikView and SAS. BI market surveys and analyses include: *

Gartner Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its client ...

's BI

Magic Quadrant Magic Quadrant (MQ) is a series of market research reports published by IT consulting firm Gartner that rely on proprietary qualitative data analysis methods to demonstrate market trends, such as direction, maturity and participants. Their anal ...

- In 2007, Gartner placed Hyperion in its "Leader" quadrant for both Business Intelligence Platforms and Corporate Performance Management. * Business Application Research Center (BARC)'s The BI Survey and The BI Verdict (formerly The OLAP Report)

Products

Hyperion software products included: *

* Hyperion Intelligence and SQR Production Reporting (products acquired in 2003 takeover of

) * Hyperion Enterprise *

Hyperion Planning 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 ...

* 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

External links

*
The Hyperion Developer Network

Hyperion Press Kit
{{Oracle Software companies based in the San Francisco Bay Area Software companies established in 1981 Defunct software companies of the United States Oracle acquisitions Business software companies Companies based in Santa Clara, California 2007 mergers and acquisitions