Business intelligence software maker Hyperion Solutions has revamped its software lineup to boost corporate performance score-carding and extend the use of the company's analytical tools via easy-to-use dashboards.
Performance Management Suite 8.2 incorporates dashboard technology Hyperion inherited in its buyout of Brio Software. The company is also rolling out a new generation of Essbase, its flagship online analytical processing (Olap) platform, said Hyperion chief marketing officer Nazhin Zarghamee.
Essbase Version 7 includes predictive analytics capabilities that enable users to model and predict potential outcomes and issue alerts if preset thresholds of certain metrics, such as demand or the cost of materials, are breached.
Also new is support for XML for Analysis and for the MDX Query Language. XML for Analysis is an industry standard language for Olap designed to deliver universal data access via the web.
MDX Query Language is geared toward writing complex queries. With support for Unicode technology, developers can write their own reusable queries that will run over a variety of platforms.
The Performance Suite can cull relevant data from various sources in a company and distribute it via a dashboard. The product includes user-friendly modeling tools, such as a drag-and-drop function, as well as personalised dashboard capabilities. In one screen, users can contrast actual numbers with forecasts and see the variance between the two.
Both products are shipping now.
Hyperion appears to be putting more muscle behind its Essbase product line, which has taken a back seat during the past 18 months to its financial planning and management applications lineup, according to AMR Research analyst John Hagerty.
By beefing up performance and scalability and by adding support for Red Hat Linux in Essbase, Hyperion is balancing its Olap platform and its prepackaged applications businesses, he added.
Marc L Songini writes for Computerworld