OPPORTUNITIES THROUGH ORACLE'S HYPERION ACQUISITION
Oracle has acquired Hyperion, a leading provider of performance management software. The transaction extends Oracle's business intelligence capabilities to offer the most comprehensive system for enterprise performance management.
A year ago, Oracle significantly reoriented our business intelligence product suite, shifting our focus from offering a solution that works for Oracle-only environments towards offering a best-of-breed business intelligence product family that will work with heterogeneous information sources in an enterprise, both Oracle and non-Oracle. We introduced a new product family called Oracle Business Intelligence Enterprise Edition. This integrated suite includes Business Intelligence Tools, Oracle Business Intelligence Applications, and Oracle Data Integrator.
The acquisition of Hyperion extends our business intelligence product strategy. Customers are increasingly using performance management and business intelligence together. Hyperion provides best-in-class performance management software to over 12,000 customers worldwide, including 91 of the Fortune 100. Hyperion will add complementary products to Oracle's business intelligence offerings including a leading open enterprise planning system, financial consolidation products, and a powerful multi-source OLAP server. Coupled with Oracle's BI tools and pre-packaged analytic applications, the combination redefines business intelligence and performance management by providing the first integrated, end-to-end Enterprise Performance Management System that spans planning, consolidation, operational analytic applications, BI tools, reporting, and data integration, all on a unified BI platform.
As a result of its acquisition of Hyperion, Oracle has also acquired Decisioneering, makers of Crystal Ball software.
Crystal Ball software is a leading spreadsheet-based software suite for predictive modeling, forecasting, Monte Carlo simulation and optimization. With over 4,000 customers worldwide, including 85% of the Fortune 500, Crystal Ball is used by customers from a broad range of industries, such as aerospace, financial services, manufacturing, oil and gas, pharmaceutical and utilities. Crystal Ball is used in over 800 universities and schools worldwide for teaching risk analysis concepts.
The diverse applications for Crystal Ball include financial risk analysis, valuation, engineering, Six Sigma, portfolio allocation, cost estimation, and project management. With Oracle Crystal Ball Enterprise Performance Management, you can apply the power of Crystal Ball to your Oracle Enterprise Performance Management (EPM) and Business Intelligence (BI) applications to improve the strategic decision-making process.
Read the press release: Oracle Buys Hyperion