Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Hyperion Master Data Management Ensures Data Consistency And Facilitates Collaboration Between It And Business Users

  • 23 May, 2006 17:23

<p>Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, announced today that a growing number of companies are using Hyperion System 9 Master Data Management (Hyperion MDM) to enable visibility and collaboration between IT and business users in defining, implementing and managing change across systems.</p>
<p>As an integral part of Hyperion System 9 Foundation Services, Hyperion MDM is the industry’s first solution dedicated to Business Performance Management. With its easy-to-use ‘point and sync’ thin client interface, Hyperion MDM enables non-technical users to directly manage change of BPM master data.</p>
<p>Through a formal, rule-driven process, Hyperion MDM synchronises BPM master data such as business dimensions, reporting structures, hierarchies, attributes and business rules across Hyperion System 9 applications and enterprise systems, including data warehouses, data marts, analytic applications, and transactional systems. Hyperion MDM provides robust master data lifecycle and versioning capabilities, in conjunction with a powerful business rules engine and audit capabilities for validating and verifying changes in master data, both in real time and after the fact.</p>
<p>“Hyperion MDM helps companies tackle the innumerable challenges and costs of operating in today’s constantly changing and competitive global environment,” said Rich Clayton, vice president of product marketing at Hyperion. “By synchronising data across all systems, Hyperion MDM not only provides users with a single version of the truth but also dramatically reduces development cost and risk and reduces the cost of implementing and maintaining business intelligence and data repository processes.”</p>
<p>Some of the customers who have purchased Hyperion MDM include Avago Technologies, FirstRand Bank, HBOS, Mentor Graphics, Symantec, Verizon and Xerox Corporation.</p>
<p>FirstRand, a financial services group based in South Africa, will leverage Hyperion MDM within its banking division to increase user productivity, lower security risk, and protect the company’s data integrity.</p>
<p>“With Hyperion MDM, we can eliminate all costly manual master data management processes within our company,” said Tim Green, IT manager at FirstRand. “Hyperion MDM will serve as FirstRand’s central environment to manage master data and automate the changes we make across our organisation, which will speed essential processes and ensure data integrity throughout our operations.”</p>
<p>Mentor Graphics, a leading manufacturer of electronic design solutions, implemented Hyperion MDM to maintain the accuracy of master data within its various financial, analytic and transactional systems.</p>
<p>"In our fast-paced and growing business, we need to have confidence in the data across our enterprise," said Jan-Willem Beldman, team lead for analytical applications and data quality at Mentor Graphics. "The integration of MDM within our BPM system facilitates collaborative data management between our IT department and business owners of data. As a result, we are able to consolidate, correlate and standardise our master data, businesses processes and analytical capabilities so that reporting data is readily available, consistent and accurate."</p>
<p>About Hyperion
Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 11,000 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, organise and analyse 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.</p>
<p>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 specialised 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. For more information, please visit or</p>
<p>Safe Harbour 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 August 31, 2005 and the report on Form 10-Q filed on February 8, 2006. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.</p>
<p>“Hyperion,” the Hyperion “H” logo 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.</p>
<p>Media Contact
John Back
Kinetics Pty Ltd
+61 2 9212 3848</p>

Most Popular

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Join the newsletter!

Error: Please check your email address.

Latest Articles


PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?