Oracle aquires Hyperion

Oracle have continued with their acquisition policy by buying Hyperion.


Hyperion has been widely used as the consolidation tool to bring together data from different sources to provide the composite organization financial results.

The target customers identified by Oracle are the CFO office for Hyperion, and Oracle BI applications for line business managers. This would indicate the current Oracle BI products (Sales, Finance, Projects, Procurement, Supply Chain) will continue. The inclusion of Discoverer in the BI family, and the use in some product families of embedded workbooks provides further integration in the overall reporting concept.

So where does this leave the Oracle EBS user?

Hyperion has been the preferred choice of many Corporations, bringing together a myriad of ledger systems around the globe to consolidate corporate results. The integration with the Oracle EBS is often minimal, with a surprising number of major Companies relying on the key punching of of information from existing ledger systems, including Oracle, into the Corporate consolidation model. Before the acquisition of Hyperion, Oracle produced their own Consolidation Hub, which aimed to expand the consolidation functionality within the Oracle EBS to non-Oracle systems.

For users of Hyperion the key question will be around greater integration into the EBS, with Companies currently consolidating globally using existing functionality asking if Hyperion is part of the core EBS, or does it sit outside, continuing as the Oracle / non Oracle consolidation tool?

Information: Hyperion web site with links through to the Oracle Hyperion page