1. Oracle Hyperion
Type Public (NASDAQ: HYSL)
Industry Business Performance Management and Business Intelligence
Fate Acquisition
Founded 1981
Headquarters Santa Clara, California, USA
Key people Godfrey R. Sullivan, President and Chief Executive Officer
Revenue $765.2 million USD (2006)
Owner(s) Oracle Corporation
Employees 2,607 (2005)
Website www.hyperion.com
Hyperion Solutions Corporation was a business performance management software
company, located in Santa Clara, California, USA, that was acquired by Oracle Corporation in
2007. Many of its products were targeted at the business intelligence (BI) andbusiness
performance management markets, and as of 2012 are still actively developed and sold by
Oracle as Oracle Hyperionproducts.
Hyperion Solutions was formed from the merger of Hyperion Software (formerly IMRS) and
Arbor Software in 1998.
Oracle Corporation announced on March 1, 2007 that 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 subsidiary of Oracle.
2. Hyperion office in Santa Clara
Timeline
1981 - IMRS founded by Bob Thomson and Marco Arese, and launches financial and
management consolidation software called 'Micro Control' in 1983
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 'Enterprise'
1992 - Arbor Software ships first version of Essbase Online Analytical
processing OLAP software
1995 - IMRS changes name to Hyperion Software Corporation. 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 and The Alcar Group
2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and
CEO
2005 - Hyperion acquires Razza Solutions (Master data management) and
appoints Northdoor as a reseller in the UK and Ireland.
2006 - Hyperion acquires UpStream (Financial Data Quality Management)
3. 2006 - Hyperion acquires Beatware (Data visualization for Web and Mobile Devices)
2007 - Hyperion acquires Decisioneering (Crystal Ball software). Oracle announces
agreement to acquire Hyperion for USD 3.3 Billion and bundles Hyperion BI tools
intoOracle Business Intelligence Enterprise Edition Plus
BI 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, IBM Cognos, and Microsoft BI.
The independent "pure-play" vendors, the largest being MicroStrategy and SAS.
Well-known BI market surveys and analyses include:
Gartner's BI Magic Quadrant - 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 include:
Essbase
Hyperion System 9 BI+
Hyperion Intelligence (products acquired in 2003 takeover of Brio Technology)
Hyperion Enterprise
Hyperion Planning
Hyperion Strategic Finance
Hyperion Performance Scorecard
Hyperion Business Modelling
Hyperion Financial Management
Hyperion Master Data Management
Hyperion Financial Reporting
Hyperion SmartView
Hyperion Financial Data Quality Management (Also referred to as FDM)