Hyperion has announced the general availability of Hyperion Essbase 7.1, the most dramatic advancement in its analytical technology since the introduction of Hyperion Essbase in 1994. For the first time, users can rely on a single real-time analytic architecture to meet the scalability and response-time needs of sales, marketing, human resources and supply chain applications, and the complex analytic requirements of finance.

"Hyperion Essbase 7.1 marks a major milestone in our product innovation. It provides unmatched speeds for analyzing both financial and operational information with one platform," said Godfrey Sullivan, president and chief operating officer at Hyperion. "I couldn't be more pleased with the timeframe in which we were able to execute the development and delivery of this product."

Hyperion Essbase 7.1 can deliver the sophisticated needs of finance and the data scalability requirements of the broader enterprise to thousands of concurrent users with no compromise in performance. A key innovation behind Hyperion Essbase 7.1 is aggregate storage, which provides higher availability, faster processing times and better data compression for applications outside of finance that require analysis of large and sparse volumes of data sets. Hyperion Essbase 7.1 also provides increased functionality with visual analysis capabilities that enable even novice business users to rapidly identify trends and highlights in large datasets.

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