Oracle To Acquire HyperRoll - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Government // Enterprise Architecture
News
9/30/2009
03:02 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%

Oracle To Acquire HyperRoll

HyperRoll's Data Performance Management Suite draws data out of all major databases to speed up reporting of financial results.

Oracle has announced it is acquiring the assets of HyperRoll, a financial reporting acceleration software firm.

No price was disclosed for the privately held, Mountain View, Calif., company. The deal is expected to close by the end of the year.

HyperRoll's Data Performance Management Suite speeds up the reporting of financial results. It can draw data out of all major databases, including Oracle, IBM's DB2, Microsoft's SQL Server, Teradata, and Sybase. It produces specific products that pull data from business intelligence systems Business Objects, MicroStrategy, Cognos, and other OLAP systems. These products can help tighten the close cycle in calculating financial results and improve visibility of financial data to line-of-business managers.

In announcing the acquisition, Robert Gersten, Oracle's senior VP for product development, said it would be used to strengthen Oracle's Enterprise Performance Management software to both speed reporting and improve compliance.

HyperRoll products can also be used by data warehouse managers. They can help overcome poor query performance, simplify query and schema development, and minimize the need for data warehouse turning, Gersten said. Warehouse managers can use it to speed up responding to report requests.

HyperRoll has acquired customers in the retail, financial services, and consumer goods sectors, Gersten said. Its products can shorten data warehouse loading times and speed up query executions by a factor of 10, according to information on the HyperRoll Web site.


InformationWeek has published an in-depth report on Sun's future under Oracle. Download the report here (registration required).

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Commentary
Enterprise Guide to Edge Computing
Cathleen Gagne, Managing Editor, InformationWeek,  10/15/2019
News
Rethinking IT: Tech Investments that Drive Business Growth
Jessica Davis, Senior Editor, Enterprise Apps,  10/3/2019
Slideshows
IT Careers: 12 Job Skills in Demand for 2020
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/1/2019
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Getting Started With Emerging Technologies
Looking to help your enterprise IT team ease the stress of putting new/emerging technologies such as AI, machine learning and IoT to work for their organizations? There are a few ways to get off on the right foot. In this report we share some expert advice on how to approach some of these seemingly daunting tech challenges.
Slideshows
Flash Poll