HSME, Hyperion's Middle East Distributor, today announced that Darwish Bin Ahmed & Sons Co (DBA), a leading UAE-based business conglomerate with diversified businesses, has deployed Hyperion System 9 to enhance performance, streamline business processes, save time and costs on operations and in turn increase productivity. DBA Group is using Hyperion as a comprehensive solution for budgeting, forecasting, planning, consolidation, reporting and analysis across its wide-spread operations.
Darwish Bin Ahmed & Sons Co (DBA), which was established in 1965, has diversified businesses such as Real Estate, Hospitality, Travel & Tourism, Construction, Distribution of Heavy Equipment, Trucks, Air-conditioning, Heating & Automotive components and Information Technology to name a few. DBA Group re-engineered its vision and mission in the mid-nineties to increase its role in the Global economy by setting its sights on international markets and expanding its operations worldwide. The Group has seen a growth of more than 50% each year over the previous year in both domestic and international businesses. DBA has a network of distribution channel partners in 35 countries and overseas offices in Moscow, Kiev, Almaty, Tashkent and Bangalore.
"DBA strongly believes that technology is a driving factor for growth. Our company invested millions on a sound IT Infrastructure, built on a world-class ERP Solution and Hyperion's Business Intelligence and Planning Tools, to support our independent business units," said Mr. Narishma Rao, Chief Information Officer, DBA Group. "Our Enterprise demands only the best-of-breed applications that align with our vision and help us drive our business. Very few solutions have the breadth and depth that Hyperion System 9 offers. Hyperion’s unique ability to integrate financial management, consolidation, planning and data quality management into a unified solution made it the clear choice for DBA," he added.
"DBA sought to establish a standard framework that would enable the company to manage performance, track and report financial results and meet the requirements of its many business units across geographies," Mr. Hisham Malak, Channel and Marketing Manager at HSME explained. "Hyperion System 9 seamlessly integrated with all of DBA's existing systems. The solution will not only help DBA in its BI requirements but also in other areas such as Planning, Forecasting, Sales Analysis, and Stock Movement. System 9 can also summarize consolidated data from DBA's ERP into a Demand Forecasting Application."
Hyperion System 9, the industry’s most comprehensive performance management solution, leverages the unique technology in its Foundation Services layer to integrate BI technologies and financial management applications into a single unified system. For the first time, formerly dissimilar activities such as management and production reporting, advanced analytics, financial reporting and consolidation, enterprise planning, scorecarding and strategic modeling are all accessible through the Hyperion System 9 workspace, the first personalized workspace for Business Performance Management.
Commenting on the benefits of Hyperion System 9, Mr. Rao said, "Being a huge group with multiple lines of business each with its own unique process means multiple systems with complex functionalities. Hyperion gives the management and executives an insight into the business to enable them to make better-informed decisions and to strive to continuously improve performance. All our business decisions rely on the information and analytics provided by this solution. Hyperion System 9 also gives us a 360° view on Corporate Performance anytime anywhere. With Hyperion, we can now establish key initiatives and align all efforts as a whole to achieve the desired results."
"System 9 was an upgrade project as we were already using Hyperion's BI solution. We had already achieved returns on our investment with Hyperion's BI solution. System 9, a major release from Hyperion, had immense feature enhancements that would enable end users do their own reporting. With this upgrade, our end-users have easy access to data and analysis in real time from anywhere." Mr. Rao added.
DBA looks after its Corporate IT Services in-house from its centralized Data center in Abu Dhabi. DBA has invested in multi-level security systems to protect its IT environment at all levels. DBA's datacenter is going through major upgrades ranging from Oracle E-Business Suite to Infrastructure to Hyperion's Business Intelligence solution. The Hyperion System 9 accommodated in DBA's new infrastructure setup did not require any equipment upgrade for this implementation. Hyperion is providing DBA with ongoing support and training keeping the staff abreast on the technology.
About Darwish Bin Ahmed & Sons (DBA)
Darwish Bin Ahmed & Sons (DBA), United Arab Emirates based company, formed in 1965, is a US$ 1 billion diversified group involved in construction & Distributorship of Heavy equipment, Trucks, Air-conditioning, Heating & automotive components. They are one of the largest private sector organizations with work force of around 3500 employees covering the markets in the Middle East, East & Central Africa, Russia & CIS countries.
Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Hyperion offers the industry's only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company’s innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL.