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Hyperion Solutions
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<h2 id="history">History</h2> <ul><li>1981 - IMRS founded by Bob Thomson and Marco Arese</li> <li>1983 - IMRS launches financial and management consolidation software called "Micro Control"</li> <li>1985 - IMRS hires Jim Perakis as CEO; he remains in this position during growth from $1M to almost $300M<a class="footnote-ref" id="fnref:1" href="#fn:1"><sup>1</sup></a></li> <li>1991 - IMRS becomes a public company and launches a Windows-based successor to 'Micro Control' called 'Hyperion'</li> <li>1992 - Arbor Software ships first version of <a href="/facts/Essbase/ppp99hMX">Essbase</a> Online Analytical processing <a href="/facts/OLAP/VNNbIlD0">OLAP</a> software</li> <li>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 <a href="/facts/Initial_public_offering/2NntDhrG">publicly held</a> company<a class="footnote-ref" id="fnref:2" href="#fn:2"><sup>2</sup></a></li> <li>1997 - Arbor acquires Appsource<a class="footnote-ref" id="fnref:3" href="#fn:3"><sup>3</sup></a></li> <li>1998 - Hyperion Software merges with Arbor and the combined company is renamed <i>Hyperion Solutions</i><a class="footnote-ref" id="fnref:4" href="#fn:4"><sup>4</sup></a></li> <li>1999 - Jeffrey Rodek named as Hyperion Chairman and CEO of Hyperion. Hyperion acquires Sapling Corporation (Enterprise Performance Management applications)</li> <li>2001 - Godfrey Sullivan is named Hyperion President and COO</li> <li>2003 - Hyperion acquires <a href="/facts/Brio_Technology/bybwg3wH">Brio Technology</a> and The Alcar Group</li> <li>2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and CEO</li> <li>2005 - Hyperion acquires Razza Solutions (<a href="/facts/Master_data_management/Qbyn0zR1">Master data management</a>)<a class="footnote-ref" id="fnref:5" href="#fn:5"><sup>5</sup></a> and appoints <a href="/facts/Northdoor/WKpaKNDy">Northdoor</a> as a reseller in the UK and Ireland.<a class="footnote-ref" id="fnref:6" href="#fn:6"><sup>6</sup></a></li> <li>2006 - Hyperion acquires UpStream (Financial Data Quality Management)<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a></li> <li>2006 - Hyperion acquires Beatware (Data visualization for Web and Mobile Devices)<a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a></li> <li>2007 - Hyperion acquired Decisioneering (Crystal Ball software).<a class="footnote-ref" id="fnref:9" href="#fn:9"><sup>9</sup></a></li></ul> <p><a href="/facts/Oracle_Corporation/0z14FygH">Oracle Corporation</a> announced on March 1, 2007 it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash.<a class="footnote-ref" id="fnref:10" href="#fn:10"><sup>10</sup></a><a class="footnote-ref" id="fnref:11" href="#fn:11"><sup>11</sup></a> The transaction was completed on April 18, 2007 and Hyperion now operates as a division of Oracle.<a class="footnote-ref" id="fnref:12" href="#fn:12"><sup>12</sup></a> Oracle extended support for most Hyperion products (v11.1.2.x) to 2018.<a class="footnote-ref" id="fnref:13" href="#fn:13"><sup>13</sup></a> Hyperion BI tools were bundled into <a href="/facts/Oracle_Business_Intelligence_Suite_Enterprise_Edition/37EQJMc1">Oracle Business Intelligence Suite Enterprise Edition</a>. </p> <h2 id="market">Market</h2> <p>Vendors in the business intelligence space are often categorized into: </p> <ul><li>The consolidated big four "megavendors", which include Oracle Hyperion as well as <a href="/facts/SAP_AG/pVwH8lks">SAP</a> <a href="/facts/BusinessObjects/HA9aKr02">BusinessObjects</a>, <a href="/facts/IBM/QszA7nwd">IBM</a> <a href="/facts/Cognos/a43DtVVr">Cognos</a>, and <a href="/facts/Microsoft/nGIDDXdx">Microsoft</a> BI.<a class="footnote-ref" id="fnref:14" href="#fn:14"><sup>14</sup></a></li> <li>The independent "pure-play" vendors, the largest being <a href="/facts/MicroStrategy/L6fIdPwS">MicroStrategy</a>, <a href="/facts/Tableau_Software/KQrwqcGw">Tableau</a>, <a href="/facts/QlikTech/jwQAVFCA">QlikView</a> and <a href="/facts/SAS_Institute_Inc./8AgnAKbf">SAS</a>.<a class="footnote-ref" id="fnref:15" href="#fn:15"><sup>15</sup></a></li></ul> <h2 id="products">Products</h2> <p>Hyperion software products included: </p> <ul><li><a href="/facts/Essbase/ppp99hMX">Essbase</a></li> <li>Hyperion Intelligence and SQR Production Reporting (products acquired in 2003 takeover of <a href="/facts/Brio_Technology/bybwg3wH">Brio Technology</a>)</li> <li>Hyperion Enterprise</li> <li><a href="/facts/Hyperion_Planning/prmIln5M">Hyperion Planning</a></li> <li>Hyperion Strategic Finance</li> <li>Hyperion Financial Data Management</li> <li>Hyperion Enterprise Performance Management Architect</li> <li>Hyperion Financial Close Management</li> <li>Hyperion Account Reconciliation</li> <li>Hyperion Disclosure Management</li> <li>Hyperion Performance Scorecard</li> <li>Hyperion Business Modelling</li> <li>Hyperion Financial Management</li> <li>Hyperion Master Data Management/Oracle Data Relationship Management</li> <li>Hyperion Financial Reporting</li> <li>Hyperion Web Analysis</li> <li>Hyperion SmartView</li> <li>Hyperion EPM Workspace</li> <li>Hyperion Profitability and Cost Management</li> <li>Hyperion System 9 BI+ (a combination of Interactive Reporting, SQR, Web Analysis, Financial Reporting, EPM Workspace and SmartView)</li> <li>Hyperion Financial Data Quality Management (also referred to as FDMEE, for Enterprise Edition)</li> <li>Hyperion Tax Provision</li> <li>Planning Budgeting Cloud Service</li> <li>Enterprise Performance Reporting Cloud Service</li></ul> <h2 id="external-links">External links</h2> <ul><li><a href="http://www.hyperion.com">Official website</a></li> <li><a href="http://dev.hyperion.com">The Hyperion Developer Network</a></li> <li><a href="http://www.hyperion.com/company/news/press_kit/fact_sheet/">Hyperion Press Kit</a></li></ul> <h2 id="references">References</h2> <ol> <li id="fn:1"><p>Kathy Williams; James Hart (September 1995), Hyperion: Software Titan," Management Accounting, pp. 75–78 <a href="http://www.fundinguniverse.com/company-histories/hyperion-software-corporation-history/" target="_blank">http://www.fundinguniverse.com/company-histories/hyperion-software-corporation-history/</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>Willis, Clint (1998-05-10). "Buried Treasures". Forbes. <a href="https://www.forbes.com/asap/1998/1005/067.html" target="_blank">https://www.forbes.com/asap/1998/1005/067.html</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>"Hyperion Spins Off Appsource; Goes For Ms Olap Space". Findarticles.com. 1999-02-09. Retrieved 2011-07-11. <a href="http://findarticles.com/p/articles/mi_m0CGN/is_1999_Feb_9/ai_53910291/" target="_blank">http://findarticles.com/p/articles/mi_m0CGN/is_1999_Feb_9/ai_53910291/</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>Luening, Erich (May 26, 1998). "Arbor Software, Hyperion merge". CNET News. <a href="http://news.cnet.com/Arbor-Software,-Hyperion-merge/2100-1001_3-211517.html" target="_blank">http://news.cnet.com/Arbor-Software,-Hyperion-merge/2100-1001_3-211517.html</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>"Hyperion Acquires Razza Solutions; Delivers Master Data Management for Business Performance Management". Information Management. January 26, 2005. <a href="http://www.information-management.com/news/1018391-1.html" target="_blank">http://www.information-management.com/news/1018391-1.html</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>"Hyperion Appoints Northdoor To Distribute Entire Business Performance Management Portfolio". SourceWire. Retrieved 2012-10-02. <a href="http://www.sourcewire.com/news/22938/hyperion-appoints-northdoor-to-distribute-entire-business-performance-management-portfolio" target="_blank">http://www.sourcewire.com/news/22938/hyperion-appoints-northdoor-to-distribute-entire-business-performance-management-portfolio</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> <li id="fn:7"><p>Havenstein, Heather (April 20, 2006). "Hyperion to acquire data-quality vendor UpStream Software". Computerworld. <a href="http://www.computerworld.com/s/article/110706/Hyperion_to_acquire_data_quality_vendor_UpStream_Software" target="_blank">http://www.computerworld.com/s/article/110706/Hyperion_to_acquire_data_quality_vendor_UpStream_Software</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li> <li id="fn:8"><p>"Q2 2007 Hyperion Earnings Conference Call". January 23, 2007. <a href="http://www.accessmylibrary.com/coms2/summary_0286-29512565_ITM" target="_blank">http://www.accessmylibrary.com/coms2/summary_0286-29512565_ITM</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li> <li id="fn:9"><p>"Hyperion to Acquire Decisioneering". Information Management. January 24, 2007. <a href="http://www.information-management.com/news/1074569-1.html" target="_blank">http://www.information-management.com/news/1074569-1.html</a> <a href="#fnref:9" class="footnote-back-ref">↩</a></p></li> <li id="fn:10"><p>[1] Archived March 3, 2007, at the Wayback Machine <a href="http://www.businessweek.com/ap/financialnews/D8NJDLG01.htm" target="_blank">http://www.businessweek.com/ap/financialnews/D8NJDLG01.htm</a> <a href="#fnref:10" class="footnote-back-ref">↩</a></p></li> <li id="fn:11"><p>Oracle Buys Enterprise Performance Management Leader Hyperion Archived September 21, 2016, at the Wayback Machine, March 1, 2007, Oracle Press Release <a href="http://www.oracle.com/us/corporate/press/015972_EN" target="_blank">http://www.oracle.com/us/corporate/press/015972_EN</a> <a href="#fnref:11" class="footnote-back-ref">↩</a></p></li> <li id="fn:12"><p>[2] Archived May 14, 2008, at the Wayback Machine <a href="http://www.oracle.com/corporate/press/2007_apr/hyperion_closed.html" target="_blank">http://www.oracle.com/corporate/press/2007_apr/hyperion_closed.html</a> <a href="#fnref:12" class="footnote-back-ref">↩</a></p></li> <li id="fn:13"><p>"Oracle Lifetime Support Policy" (PDF). September 2013. <a href="http://www.oracle.com/us/support/library/lifetime-support-applications-069216.pdf" target="_blank">http://www.oracle.com/us/support/library/lifetime-support-applications-069216.pdf</a> <a href="#fnref:13" class="footnote-back-ref">↩</a></p></li> <li id="fn:14"><p>Weier, Mary Hayes (April 12, 2008). "How To Choose Among The Four Bright Lights Of BI". InformationWeek. <a href="http://www.informationweek.com/news/business_intelligence/information_mgt/showArticle.jhtml?articleID=207101021" target="_blank">http://www.informationweek.com/news/business_intelligence/information_mgt/showArticle.jhtml?articleID=207101021</a> <a href="#fnref:14" class="footnote-back-ref">↩</a></p></li> <li id="fn:15"><p>Weier, Mary Hayes (November 12, 2007). "What IBM's Cognos Acquisition Means For The BI Market And Its Customers". <a href="http://www.informationweek.com/news/global-cio/showArticle.jhtml?articleID=202805190" target="_blank">http://www.informationweek.com/news/global-cio/showArticle.jhtml?articleID=202805190</a> <a href="#fnref:15" class="footnote-back-ref">↩</a></p></li> </ol>