Hyperion is a database that allows for quick data access and was acquired by Oracle in 2007. It aims to support better business decision making through business intelligence. Hyperion has three main products - Essbase, a multidimensional database; Hyperion Planning, a budgeting and forecasting application; and HFM, a tool for financial consolidation, reporting and analysis. A typical Hyperion setup involves these products along with analysis and reporting tools to access and use the stored data.

1. James Reed
reed.james@yahoo.com
1
What’s Hyperion?

2. Hyperion is a database that allows you to access the data
very quickly. The company was bought by Oracle in 2007
and Oracle has continued to improve the product.
The fancy name for Hyperion is Business intelligence and it aims to support better
business decision-making. Thus a BI system can be called a decision support system
(DSS).Though the term business intelligence is sometimes used as a synonym for
competitive intelligence, because they both support decision making, BI uses
technologies, processes, and applications to analyze mostly internal, structured data
and business processes while competitive intelligence gathers, analyzes and
disseminates information with a topical focus on company competitors.
2
James Reed
reed.james@yahoo.com
http://en.wikipedia.org/wiki/Hyperion_Solutions

3. 3
James Reed
reed.james@yahoo.com
Hyperion has 3 main products, although there are
many peripheral software products:
Essbase
Hyperion Planning
HFM (Hyperion Financial Management)

4. 4
Essbase is a multidimensional database management system (MDBMS)
that provides a multidimensional database platform upon which to build analytic
applications. Essbase, whose name derives from "Extended Spread Sheet dataBASE",
began as a product of Arbor Software, which merged with Hyperion Software in 1998.
The database researcher E. F. Codd coined the term "on-line analytical processing" (
OLAP) in a whitepaper
that set out twelve rules for analytic systems (an allusion to
his earlier famous set of twelve rules defining the relational model). This whitepaper,
published by Computerworld, was somewhat explicit in its reference to Essbase
features, and when it was later discovered that Codd had been sponsored by Arbor
Software, Computerworld withdrew the paper.
http://en.wikipedia.org/wiki/Essbase
http://www.oracle.com/webfolder/technetwork/tutorials/tutorial/hyp/EssbaseStudio_11.1.2_Overview/LessonIndex.htm
James Reed
reed.james@yahoo.com

5. 5
Hyperion Planning is a budgeting and forecasting application from
Oracle formerly owned by Hyperion Solutions Corporation. Hyperion Planning
uses Essbase (a multidimensional database product sold by Hyperion) as a
database and calculation engine, a relational repository for business logic, and
includes a web-based user interface.
The software allows you to add planning or forecast data to actuals. You can
use Web Forms to add the planning data or use the Excel SmartView tool.
Most of the Hyperion reporting tools work great with Planning.
http://en.wikipedia.org/wiki/Essbase
http://download.oracle.com/technology/products/planning/demos/pln1112overview/Introduction.htm
James Reed
reed.james@yahoo.com

6. 6
Oracle Hyperion Financial Management (HFM) is a comprehensive,
Web-based application that delivers global financial consolidation, reporting and
analysis in a single, highly scalable software solution.
Oracle Hyperion Financial Management, part of the Oracle EPM Suite, supports
the collection, consolidation and reporting of financial results in multiple GAAPs
as well as IFRS, and the reconciliation of differences among the various standards.
Hyperion Financial Management can be deployed quickly to integrate data from
multiple Oracle and non-Oracle transactional systems, provide top-side reporting
that conforms to IFRS requirements, and help organizations make the transition
to IFRS.
James Reed
reed.james@yahoo.com
http://www.oracle.com/technetwork/middleware/financial-management/demos/hfm-overview-part1-188794.html

7. 7
Oracle is the leader in Enterprise Performance Management (EPM),
unifying Performance Management and Business Intelligence (BI), supporting
a broad range of strategic, financial and operational management processes.
Oracle Corporation (NASDAQ: ORCL) is an American multinational computer
technology corporation that specializes in developing and marketing hardware
systems and enterprise software products — particularly
database management systems. Headquartered inRedwood Shores, California,
United States and employing 105,000 people worldwide as of 1 July 2010, it has
enlarged its share of the software market through organic growth and through
a number of high-profile acquisitions. By 2007 Oracle had the third-largest
software revenue, after Microsoft and IBM.
http://en.wikipedia.org/wiki/Oracle_Corporation
James Reed
reed.james@yahoo.com

8. 8
Analysis & Reporting
Web
Analysis
Smartview
Financial
Reporting
HFMEssbase
Workspace
Spreadsheet
Add-ins
MS Office
MS Office
Planning
A Typical Hyperion Set-up
James Reed
reed.james@yahoo.com

9. 9
Call James Reed 940-395-8757 on questions
I’m at Linked in at www.linkedin.com/in/r2d2reed
James Reed
reed.james@yahoo.com

10. 9
Call James Reed 940-395-8757 on questions
I’m at Linked in at www.linkedin.com/in/r2d2reed
James Reed
reed.james@yahoo.com