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Dubai, UAE, United Arab Emirates, 2007/02/05 - Hyperion (Nasdaq Global Select: HYSL), the global leader in Business Performance Management (BPM) software, today announced that Gartner, Inc. has placed Hyperion in the leaders quadrant.
Hyperion today announced that Gartner, Inc. has placed Hyperion in the leaders quadrant in its “Magic Quadrant for Business Intelligence Platforms, 1Q07”
The recently released report evaluates 15 vendors. Gartner weighed Hyperion’s completeness of vision and its ability to execute in determining its position in the Magic Quadrant, which uses multiple criteria to characterize companies in the leaders, challengers, visionaries and niche players quadrants.
“We think Hyperion’s inclusion in the leaders quadrant for Business Intelligence platform vendors is an achievement that reflects the growing reach of Hyperion System 9 BI+ worldwide,” said Godfrey Sullivan, president and CEO of Hyperion. “We recently delivered the second major release of Hyperion System 9 BI+, the first BI platform to integrate operations with finance. This platform brings to enterprises a broad 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 that will utilize gadgets to expand the use of BI. With these strategic BI advantages, Hyperion is providing the management system for today’s enterprise.”
About the Magic Quadrant
The Magic Quadrant is copyrighted January 26, 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in 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 of merchantability or fitness for a particular purpose.
Hyperion Solutions Corporation (Nasdaq Global Select: HYSL) is the global leader in Business Performance Management software. More than 12,000 customers in 90 countries rely on Hyperion both for insight into current business performance and to drive performance improvement. With Hyperion software, businesses collect, analyze and share data across the organization, linking strategies to plans and monitoring execution against goals. Hyperion integrates financial management applications with a business intelligence platform into a single management system for the global enterprise.
“Hyperion” and Hyperion’s product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.
Safe Harbor Statement
Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on September 1, 2006 and the Report on Form 10-Q filed on November 8, 2006. The company does not undertake an obligation to update its forward-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