What is hyperion

James [email protected]

1

What is Hyperion?

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


http://en.wikipedia.org/wiki/Hyperion_Solutions

3


Hyperion has 3 main products, although there are many peripheral software products:

Essbase

Hyperion Planning

HFM (Hyperion Financial Management)

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


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


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.


http://www.oracle.com/technetwork/middleware/financial-management/demos/hfm-overview-part1-188794.html

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


8

Analysis & Reporting

WebAnalysis Smartview

FinancialReportin

g

HFMEssbase

Workspace

Spreadsheet Add-ins

MS Office

MS Office

Planning

A Typical Hyperion Set-up


9

Financial Reporting consists of the Financial Reporting Studio and Workspace. Studio is used Financial Reporting consists of the Financial Reporting Studio and Workspace. Studio is used

to create and edit reports, while Workspace is used to view and print reports.to create and edit reports, while Workspace is used to view and print reports.

Financial Reporting generates highly formatted, book-quality financial and management reports. Financial Reporting generates highly formatted, book-quality financial and management reports.

It increases the operational efficiencies of organizations that need to create and distribute It increases the operational efficiencies of organizations that need to create and distribute

GAAP-compliant financial reports and other highly formatted management reports. GAAP-compliant financial reports and other highly formatted management reports.

Financial Reporting


10

Hyperion Reporting Tools


11



Web Analysis provides executives and analysts the most intuitive, user-directed, Web-based analysis capabilities available. It has never been more important for organizations to turn information into insights on which they can take action and generate immediate business value.

Benefits of Web Analysis are:

-Spot trends and issues early with graphical, highly intuitive dashboards

-Navigate and drill through multidimensional data to understand root causes

-Gain fast adoption through ease-of-use and minimal training

- Sophisticated analysis not possible with other business intelligence systems

12

Web Analysis


13



14



15



16



17



The same application of Hyperion Smart View for Office provides an Excel interface to Hyperion Financial Management (HFM) and to Essbase. It enables end-users to create Ad Hoc reports in Excel and to import reports from Financial Reporting into PowerPoint, Word, Excel or Outlook. Functionality of Smart View is listed below:

- Ad Hoc analysis in Excel- Function Builder to retrieve and send data- Import reports from Financial Reporting & Web Analysis to PowerPoint, Word and Excel- Access HFM data forms (optional)- Submit data (optional)- Calculate, translate and consolidate data (optional) 18

Excel SmartView Tool


19

Hyperion SmartView


20

Call James Reed 940-395-8757 on questions


What is hyperion

Business

Transcript of What is hyperion