What is Oracle Hyperion?
Oracle Hyperion is a suite of performance management and business intelligence software products offered by Oracle Corporation. The Hyperion suite includes financial reporting, budgeting, forecasting, modeling, and analytics tools that help organizations collect data from various sources, understand and optimize financial performance, and provide accurate information to stakeholders.
Some of the key capabilities and benefits of Oracle Hyperion include:
- Financial reporting - Create financial statements, operational reports, board books, filings and disclosure reports to provide transparency and insights into financial and operational data.
- Planning, budgeting and forecasting - Improve accuracy in the planning process with modeling, assumptions management, workflow approvals and integration to ERP data.
- Profitability and cost management - Allocate costs and income to products, customers, regions etc. to analyze true profitability drivers and make informed decisions.
- Data integration - Bring together data from multiple structured and unstructured data sources including ERP, CRM, HR and other systems for a single version of truth.
- Analytics and dashboards - Rich visualization and self-serve analysis capabilities to discover trends and insights buried deep in the data.
- Managed cloud services - Deploy Hyperion on Oracle Cloud Infrastructure to reduce TCO while benefiting from elastic scalability, built-in availability and data security.
The Oracle Hyperion suite helps IT organizations simplify maintenance by standardizing on Oracle-managed business intelligence infrastructure. With a broad range of analytical capabilities and simplicity of the cloud, Oracle Hyperion enables finance teams to reduce close cycles, improve forecast reliability, and drive data-informed strategic decision making across the enterprise.