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.

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.

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).”

“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 Tobin Gilman, 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.”

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.

SOURCE: Oracle Named a Leader in Business Performance Solutions by Forrester Research, Inc.