We use Oracle Hyperion for ad hoc querying and connection with multidimensional databases. It is very easy to use for combining dimensions of the database such as time, geography, and product dimensions. If the database is built as a multidimensional database, then Oracle Hyperion can handle all these dimensions and perform filtering and drilling as a deep-down tool in each dimension.
I work for an investment banking client. They use the solution to compute wealth-added numbers in Essbase. I get the data from different sources like Informatica, Upstream, and EDM. EDM is a kind of metadata management, and I get static data from EDM. In terms of data, I get the market values and transactions. I get the market data from EDM regarding tax information, unlevered beta, and all such parameter information. From there, Oracle Hyperion will consume this data, run some calculations, and compute the wealth-added number, which has a certain formula. It all happens under lower granularity. Once the data has been loaded and calculated, it will be aggregated to the top level. Once the aggregation happens, users access the data using the Smart View Excel add-in. They connect to the Essbase application using the Smart View Excel add-in and retrieve the data. Oracle Hyperion has the capability to hold data from the last ten years for historical analysis and retrieval purposes. The solution has a simple use case which is not very complex.
We use Hyperion for the consolidation process in our accounting department. Other departments work without our reports and analyze the information from Hyperion. The solution is deployed on-premises. We use the latest version. There are 13 people in my team who are using this solution.
At our organization, the solution is deployed on-premises. We work in the mining business, and a lot of restructuring needs to be translated into our planning. We have a lot of cubes in Oracle Hyperion, and we manage a lot of business units. The primary use case is to translate our processes and environment into forecasts and budgets.
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
Real User
2022-01-28T18:19:05Z
Jan 28, 2022
This solution has evolved in the last few years. We were using Hyperion, so there was data coming in from other systems into Hyperion. When we were using the on-premises system, we were just moving data from one ERP, e.g. Oracle ERP. When we moved Oracle Hyperion to the Cloud, we brought data from more than one system, e.g. we also brought data from SAP. We use Oracle Hyperion for consolidation and everything's done on it, but in the past, we did our consolidation in Oracle ERP.
Hyperion Suite Manager at a construction company with 10,001+ employees
Real User
2022-01-27T16:28:23Z
Jan 27, 2022
We use HFM as a consolidation tool because we own several different companies, and we consolidate up to the eliminations and allocations through Oracle Hyperion. Additionally, we use it to help us with foreign currency, and then we use planning for forecasting and capital five-year plan projections. We are upgrading Oracle Hyperion to 11.2.5.
Senior Hyperion Consultant at a computer software company with 1,001-5,000 employees
Real User
2021-11-04T15:43:00Z
Nov 4, 2021
My primary use case of this solution is as a full EPM shop, with HFM ,planning and FDMEE reports, as well as all the features available under the EPM umbrella.
My company is called ProfitFromERP. We help people select and implement ERP solutions. I don't personally use Hyperion day to day, but have clients who've selected and grown with the program. Hyperion historically has been a high-end tool for financial planning and analysis groups who want to create things like forecasting models and work with real-time data and events in-progress to update rolling forecasts. Hyperion is useful for advanced financials, reconciliations, and other things that traditional accounting and reporting solutions don't do. Some people use it for their SEC reporting and things like that. Others are trying to compile data from multiple sources - various databases and transactional systems. For example, we've got hockey teams that cross-reference ticket data and information from third-party concession stands to get a complete picture of what's happening in their entire stadium. It provides them with real-time information from point of sale systems, Ticketmaster, and gate scanning systems, all so they can optimize staffing in every section and maximize revenues by having the right staff in the right place.
Manager, Hyperion Applications at a manufacturing company with 5,001-10,000 employees
Real User
2022-02-16T14:51:13Z
Feb 16, 2022
We use Hyperion for budgeting and forecasting. We provide CC guidance through that application. We use the Hyperion HFM for our consolidations worldwide. We're on 11.2.4, and we're going to patch to 11.2.6.
Principal EPM Consultant at a consultancy with 11-50 employees
Consultant
2022-01-05T07:28:34Z
Jan 5, 2022
We are system implementors and this is one of the products that we provide to our clients. We implement solutions according to the client's requirements. The latest use case that I worked on was in the banking sector.
Hyperion is a planning and budgeting solution for large enterprises. On-premise, we have anywhere from 10 to 50 users. Clients are moving to the cloud versions of the software. Although we do on-premise, we also do the new cloud versions, which is called EPBCS, or Enterprise Planning and Budget Cloud Service. The market is moving away from the on-premise version.
Centralization of the budgeting process. Our company was using Excel spreadsheets to capture all the managers' spreadsheets. They kept being changed by the managers and were never actually frozen in time. Very hard for top management to freeze the budgets.
We use Oracle Hyperion for ad hoc querying and connection with multidimensional databases. It is very easy to use for combining dimensions of the database such as time, geography, and product dimensions. If the database is built as a multidimensional database, then Oracle Hyperion can handle all these dimensions and perform filtering and drilling as a deep-down tool in each dimension.
I use the solution in my company for financial planning.
I work for an investment banking client. They use the solution to compute wealth-added numbers in Essbase. I get the data from different sources like Informatica, Upstream, and EDM. EDM is a kind of metadata management, and I get static data from EDM. In terms of data, I get the market values and transactions. I get the market data from EDM regarding tax information, unlevered beta, and all such parameter information. From there, Oracle Hyperion will consume this data, run some calculations, and compute the wealth-added number, which has a certain formula. It all happens under lower granularity. Once the data has been loaded and calculated, it will be aggregated to the top level. Once the aggregation happens, users access the data using the Smart View Excel add-in. They connect to the Essbase application using the Smart View Excel add-in and retrieve the data. Oracle Hyperion has the capability to hold data from the last ten years for historical analysis and retrieval purposes. The solution has a simple use case which is not very complex.
Our primary use case for the product involves supporting customers in constructing forecasting models within the Oracle Hyperion platform.
We use the solution for partition planning, HCM, and financial reporting.
I use it for consolidation and business planning.
We use Hyperion for the consolidation process in our accounting department. Other departments work without our reports and analyze the information from Hyperion. The solution is deployed on-premises. We use the latest version. There are 13 people in my team who are using this solution.
At our organization, the solution is deployed on-premises. We work in the mining business, and a lot of restructuring needs to be translated into our planning. We have a lot of cubes in Oracle Hyperion, and we manage a lot of business units. The primary use case is to translate our processes and environment into forecasts and budgets.
This solution has evolved in the last few years. We were using Hyperion, so there was data coming in from other systems into Hyperion. When we were using the on-premises system, we were just moving data from one ERP, e.g. Oracle ERP. When we moved Oracle Hyperion to the Cloud, we brought data from more than one system, e.g. we also brought data from SAP. We use Oracle Hyperion for consolidation and everything's done on it, but in the past, we did our consolidation in Oracle ERP.
We use HFM as a consolidation tool because we own several different companies, and we consolidate up to the eliminations and allocations through Oracle Hyperion. Additionally, we use it to help us with foreign currency, and then we use planning for forecasting and capital five-year plan projections. We are upgrading Oracle Hyperion to 11.2.5.
We used It was used for budgeting, monthly management reporting, and forecasting.
We primarily use the solution for budgeting.
This solution allows our users to do quarterly budget forecasts and load information for the next one to five years.
Essentially, we use Hyperion for financial reporting and tracking.
I'm working with the customers' company.
Our primary use case for Oracle Hyperion was planning and budgeting. My role in the company is on the support side.
Hyperion is a business analytics product. In addition to analytics. it calculates all the sales data and audits everything as well.
My primary use case of this solution is as a full EPM shop, with HFM ,planning and FDMEE reports, as well as all the features available under the EPM umbrella.
We are using it for cloud functionality and the accessibility of the service as a solution to a wider audience.
My company is called ProfitFromERP. We help people select and implement ERP solutions. I don't personally use Hyperion day to day, but have clients who've selected and grown with the program. Hyperion historically has been a high-end tool for financial planning and analysis groups who want to create things like forecasting models and work with real-time data and events in-progress to update rolling forecasts. Hyperion is useful for advanced financials, reconciliations, and other things that traditional accounting and reporting solutions don't do. Some people use it for their SEC reporting and things like that. Others are trying to compile data from multiple sources - various databases and transactional systems. For example, we've got hockey teams that cross-reference ticket data and information from third-party concession stands to get a complete picture of what's happening in their entire stadium. It provides them with real-time information from point of sale systems, Ticketmaster, and gate scanning systems, all so they can optimize staffing in every section and maximize revenues by having the right staff in the right place.
We use this solution primarily for financial planning and forecasting, to determine how much cash flow is required on a monthly basis.
We use Hyperion for budgeting and forecasting. We provide CC guidance through that application. We use the Hyperion HFM for our consolidations worldwide. We're on 11.2.4, and we're going to patch to 11.2.6.
I use Hyperion for BI and BPM planning.
Oracle Hyperion is useful for financial reporting and budgeting. This solution is deployed on-prem.
We're using the product for our OPEX planning and CapEx planning. We use it for the budget cycle.
We are system implementors and this is one of the products that we provide to our clients. We implement solutions according to the client's requirements. The latest use case that I worked on was in the banking sector.
We use the solution for financial reporting and planning.
Hyperion is a planning and budgeting solution for large enterprises. On-premise, we have anywhere from 10 to 50 users. Clients are moving to the cloud versions of the software. Although we do on-premise, we also do the new cloud versions, which is called EPBCS, or Enterprise Planning and Budget Cloud Service. The market is moving away from the on-premise version.
I've been involved in implementing the solution for past clients.
Centralization of the budgeting process. Our company was using Excel spreadsheets to capture all the managers' spreadsheets. They kept being changed by the managers and were never actually frozen in time. Very hard for top management to freeze the budgets.
Our primary use is for Enterprise Performance Management (in most cases), planning and budgeting, and as a reporting/allocation tool.