Hyperion Positioned In Leaders Quadrant for Business Intelligence Platforms

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Released on: 5, February 2007
, Author: Nirmala D'souza/OAK Consulting
, Audience: Software related

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Dubai, United Arab Emirates, February 5, 2007: Hyperion (NasdaqGlobal Select: HYSL), the global leader in Business Performance Management (BPM)software, today announced that Gartner, Inc. has placed Hyperion in the leadersquadrant in its  Magic Quadrant for Business Intelligence Platforms, 1Q07Â

The recently released report evaluates 15 vendors. Gartner weighed HyperionÂ'scompleteness of vision and its ability to execute in determining its position in theMagic Quadrant, which uses multiple criteria to characterize companies in theleaders, challengers, visionaries and niche players quadrants.

 We think HyperionÂ's inclusion in the leaders quadrant for Business Intelligenceplatform vendors is an achievement that reflects the growing reach of HyperionSystem 9 BI+ worldwide, said Godfrey Sullivan, president and CEO of Hyperion.  Werecently delivered the second major release of Hyperion System 9 BI+, the first BIplatform to integrate operations with finance. This platform brings to enterprises abroad range of BI innovations, including a master data management solution,significant enhancements to our Hyperion System 9 BI+ Essbase Analytics software,integration with Google OneBox, and a Hyperion System 9 Smart Space offering thatwill utilize gadgets to expand the use of BI. With these strategic BI advantages,Hyperion is providing the management system for todayÂ's enterprise.Â

About the Magic Quadrant:The Magic Quadrant is copyrighted January 26, 2007 by Gartner, Inc. and is reusedwith permission. The Magic Quadrant is a graphical representation of a marketplaceat and for a specific time period. It depicts Gartner's analysis of how certainvendors measure against criteria for that marketplace, as defined by Gartner.Gartner does not endorse any vendor, product or service depicted in the MagicQuadrant, and does not advise technology users to select only those vendors placedin 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 ofmerchantability or fitness for a particular purpose.

About Hyperion:Hyperion Solutions Corporation (Nasdaq Global Select: HYSL) is the global leader inBusiness Performance Management software. More than 12,000 customers in 90 countriesrely on Hyperion both for insight into current business performance and to driveperformance improvement. With Hyperion software, businesses collect, analyze andshare data across the organization, linking strategies to plans and monitoringexecution against goals. Hyperion integrates financial management applications witha business intelligence platform into a single management system for the globalenterprise . For more information, contact us . Hyperion and HyperionÂ's product names are trademarks of Hyperion. References toother companies and their products use trademarks owned by the respective companiesand are for reference purpose only.

Safe Harbor StatementStatements in this press release other than statements of historical fact areforward-looking statements, including, but not limited to, statements concerning thepotential success of anticipated product features, the anticipated product offeringsand the potential market opportunities for business performance management software.Such statements constitute anticipated outcomes and do not assure results. Actualresults may differ materially from those anticipated by the forward-lookingstatements due to a variety of factors, including, but not limited to the company'sability to retain and attract key employees, the successful and timely developmentof new products, the impact of competitive products and pricing, customer demand,and technological shifts. For a more detailed discussion of factors that couldaffect the company's performance and cause actual results to differ materially fromthose anticipated in the forward-looking statements, interested parties shouldreview the company's filings with the Securities and Exchange Commission, includingthe Report on Form 10-K filed on September 1, 2006 and the Report on Form 10-Q filedon November 8, 2006. The company does not undertake an obligation to update itsforward-looking statements to reflect future events or circumstances.Gartner Research  Magic Quadrant for Business Intelligence, 1Q07;26, January 2007,Kurt Schlegel, Bill Hostmann, Andreas Bitterer


Source: Express-Press-Release.com
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