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Leading Analyst Firm Positions Oracle in Leaders Quadrant for Corporate Performance Management Suites

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^{Published in Science and Technology on Monday, March 28th 2011 at 5:05 GMT by Market Wire}  

REDWOOD SHORES, CA--(Marketwire - March 28, 2011) - Oracle (NASDAQ: [ ORCL ])

News Facts

• Gartner, Inc. has placed Oracle in the Leaders Quadrant of its 2011 report, "Magic Quadrant for Corporate Performance Management Suites," Oracle announced today. (1)
• Gartner Magic Quadrants position vendors within a particular market segment based on their completeness of vision and their ability to execute on that vision.
• According to Gartner, "Leaders' performances excel in the CPM suite market segment. They can deliver breadth and depth of CPM suite functionality, as well as provide enterprise-wide implementations to support a broad CPM strategy. Leaders successfully articulate a business proposition that resonates with buyers, and are supported by the viability and operational capability to deliver on a global basis."
• [ Oracle's Hyperion performance management applications ] are a modular suite of integrated applications that span planning, budgeting and forecasting, strategy management, financial close and reporting, and profitability management.
• [ Oracle's Enterprise Performance Management (EPM) system ] combines market-leading Hyperion performance management applications, the [ Oracle Business Intelligence (BI) Foundation ] and [ prebuilt BI applications ] integrated to strengthen strategic, financial, and operational management processes.

Supporting Quote

• "Oracle is committed to delivering a market-leading and comprehensive solution for managing enterprise performance that is continually evolving to meet the expanding needs of global organizations," said Hari Sankar, vice president of Product Management, Oracle. "We believe that our placement in the Leaders Quadrant is testament to our depth of functionality, a wide-reaching partner network, strong customer base and integrated platform."

Supporting Resources

• [ About Oracle Enterprise Performance Management and Business Intelligence ]
• [ Read Analyst Report ]
• [ Read Oracle's Hyperion Performance Management Application Data Sheets ]
• Connect with Oracle EPM/BI via [ Blog ], [ Facebook ] and [ Twitter ]
• [ Download free evaluation versions of Oracle Hyperion software ]. Terms, conditions and restrictions apply.

(1) Gartner, Inc., "Magic Quadrant for Corporate Performance Management Suites," by Neil Chandler, John E. Van Decker, March 8, 2011

About Oracle
Oracle (NASDAQ: [ ORCL ]) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, please visit our Web site at [ http://www.oracle.com ].

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Reference herein to third party content, including analysis, opinions, predictions and statements, does not constitute or imply Oracle's endorsement of or concurrence with such content.

The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.