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Oracle named a Leader in Business Performance Solutions by leading analyst firm

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According to a November 2009 report from independent analyst firm Forrester Research, Oracle is a leader in business performance solutions (BPS). Forrester Research, Inc. defines business performance solutions as a category of purpose-built software applications that support planning, measuring, communicating, and monitoring business results.

A component of Oracle® Fusion Middleware, Oracle’s EPM System helps organizations achieve management excellence by uniting category-leading Hyperion performance management applications, pre-built BI applications, and a BI foundation, into a complete and integrated system for managing and optimizing performance across business functions.

“As noted in the report, Oracle’s placement in Forrester’s Wave reflects the best combination of both current offering score and strategy score,” said Karen Yip, Vice President, Applications Specialist Team, Asia Pacific, Oracle. “We believe Oracle’s EPM System truly supports a wide range of financial, operational and strategic management processes that help businesses leverage their investments in operational systems and become smarter, more agile, and aligned.”

Forrester reports that BPS has “strong long-term growth prospects, and this software category has held up reasonably well in the current recession.”

“The Forrester Wave: Business Performance Solutions, Q4 2009,” written by vice president, principal analyst Paul Hamerman, states that “Oracle’s broad product set includes the market-leading financial consolidations solution, Oracle Hyperion Financial Management (HFM), as well as other strong product offerings within the Oracle Hyperion Enterprise Performance Management (EPM) family – Planning, Strategic Finance, Profitability and Cost Management (HPCM), and the Oracle Business Intelligence Applications (OBIA).”

Supporting Resources:

• About OracleEnterprisePerformance Management and Business Intelligence

• Oracle Fusion Middleware 11g

• The Forrester Wave: Business Performance Solutions, Q4 2009

• About Oracle Hyperion Performance Management Applications

• Oracle Hyperion Brochures and Datasheets

• Follow Oracle EPM&BI on Twitter

• Download free, evaluation versions of Oracle Hyperion software. Terms, conditions and restrictions apply.

Courtesy: AdaDerana

Posted on Saturday, December 05, 2009 @ 15:20:11 LKT by

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