Why have Oracle bought Hyperion?
There are three major reasons: • Oracle needs a Performance Management Solution. Oracle recognised that their existing offerings around Financial Consolidation, Planning and multi-dimensional OLAP analysis were relatively weak. Hyperion’s products in these areas are widely renowned as best-of-breed, and are already in use in many Oracle customers. • Hyperion software is best-in-class. Hyperion is highly regarded by the CFO and Finance departments in general. Oracle is equally highly regarded by the CIO and IT department, and is recognised and used by operational departments across the enterprise. Traditionally, neither company has crossed over well into the other space – this is already changing rapidly. • Tapping the SAP market. There are many existing SAP customers that also use Hyperion software to manage their business. Oracle has, for some time, been pursuing an acquisition strategy that enables them to provide a full product offering around existing SAP systems. What does it mean
