HyperRoll, a leading provider of high-performance data aggregation software for business intelligence (BI) applications, announced that Ioppolo & Associates (I&A), a leading business performance management consultancy serving the Asia-Pacific region, has integrated HyperRoll's data aggregation technology into Essatto, its business performance management (BPM) solution. By harnessing the power of HyperRoll data acceleration, Essatto combines integrated financial management capabilities with lightning-fast processing of business information to deliver an application that is at the forefront of solutions providing robust forecasting, budgeting, reporting and profitability analysis.
As systems integrators, I&A found that the third-party technology they were implementing for clients was often more of a "tool kit" than a prepackaged business solution, requiring significant customization to get a system up and running. At the same time, they saw certain customizations recurring time and again across clients. I&A set out to productize these repetitive activities, and the result is "Essatto", a complete solution for BPM that includes budgeting, forecasting, medium-term planning, product and channel profitability and management reporting.
I&A chose HyperRoll technology as a key component of Essatto to address the significant performance limitations of the multidimensional database environment, enabling the company to build a robust, end-to-end solution that offers an unparalleled level of capability to clients. Fueled by HyperRoll's patented aggregation engine, Essatto gives customers the ability to:
- Seamlessly integrate budgeting, forecasting, planning, reporting and analysis.
- Produce integrated driver based financial forecasts/budgets comprising P&L, balance sheet, cash flow and KPIs.
- Provide lightning-fast data consolidation.
- Iterate through multiple what-if scenarios and many versions of budgets or forecasts at dramatically accelerated speed.
- Perform more cycles with faster turnaround.
- Dramatically accelerate end-of-month consolidation and reporting.
- Set detailed performance targets that are linked directly to business goals.
"HyperRoll extends Essatto way beyond most other solutions on the market," said Guy Ioppolo, chief executive officer of Ioppolo & Associates. "While other solutions require you to compromise detail for performance, HyperRoll enables Essatto to provide deeper detail, with more dimensions and a higher level of granularity in the analysis. For example, historically it has not been practical to run a forecast or budget out 36 months because it takes too long to run, so most companies end up doing quarterly forecasts beyond the first year. HyperRoll enables the Essatto solution to provide 36-month forecasts and budgets because these can run in an acceptable timeframe, giving our clients the ability to do very detailed long-term planning."
"The joint I&A/HyperRoll solution illustrates how valuable high-performance analytics are to managing business performance," said Michael Bealmear, chief executive officer of HyperRoll. "Clearly, real-time interaction with all of the data is a critical success factor. HyperRoll is the best solution for database query acceleration because it fits neatly into existing applications and solutions while making previously impossible analytics possible."
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