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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.
http://en.wikipedia.org/wiki/Hyperion_Solutions
Hyperion has 3 main products, although there are many peripheral software products: Essbase
Hyperion Planning
HFM (Hyperion Financial Management)
http://en.wikipedia.org/wiki/Essbase
http://www.oracle.com/webfolder/technetwork/tutorials/tutorial/hyp/EssbaseStudio_11.1.2_Overview/LessonIndex.htm
http://en.wikipedia.org/wiki/Essbase
http://download.oracle.com/technology/products/planning/demos/pln1112overview/Introduction.htm
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
Financial Reporting
Web Analysis
Spreadsheet Add-ins
Smartview
Workspace
MS Office
MS Office
Financial Reporting
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.
Financial Reporting generates highly formatted, book-quality financial and management reports.
It increases the operational efficiencies of organizations that need to create and distribute GAAP-compliant financial reports and other highly formatted management reports.
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Web Analysis
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.
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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)
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Hyperion SmartView
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