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Update: Hyperion

October 19, 2006 7:29 PM
From Blog: Craig Schiff

We received some interesting information at a recent meeting we had with Hyperion. The most surprising thing for me was that they are still selling the Hyperion Enterprise product. Now this was a great product in its day (full disclosure: I was one of the four original product designers), but hasn't it been surpassed by HFM and other newer products? Well, they have repackaged it for the mid-market which is a fast growing segment for them. They are also continuing to enhance it, not just fix bugs. Apparently there's still life in the old dog. On the System 9 front they are downright bullish. Although we have heard from some users that the initial release was somewhat buggy, all new clients are coming on with System 9. They are adding on average 50 new consolidation and 100 new planning clients per quarter. If you add in migrations from older versions you can see that they have a fairly robust adoption rate. They have also come up with a sales/marketing answer for the most significant knock against them - not providing a truly unified solution: 'if you want to do it all in one system use HFM, otherwise we also offer a multi-product best of breed approach'. From an actual unified product perspective, to Hyperion's credit users seem to like the high-level look and feel unification provided by System 9.

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