Hyperion (NASDAQ:HYSL)
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Hyperion (Nasdaq Global Select: HYSL), the global leader in Business
Performance Management (BPM) software, today announced that SaskTel –
Saskatchewan’s leading communications provider –
has successfully utilized Hyperion business intelligence (BI) solutions
to keep close tabs on customer churn in the hotly competitive Canadian
telecommunications market. Standardizing on Hyperion’s
BI software has allowed SaskTel to track its retail performance and
improve customer service.
SaskTel first implemented Hyperion BI software in 1997 to transform an
array of manual reporting and analysis processes. Streamlining those
cumbersome processes proved vital as the century-old telecom leader
aggressively expanded its service offerings, which today include
competitive voice, data, Internet, entertainment and multimedia, Web
hosting, text and messaging services over a state-of-the-art digital
network. With Hyperion software, SaskTel has successfully automated half
of its operational performance reporting across an increasingly diverse
organization serving more than 425,000 business and residential
customers.
In an industry known for its costly customer turnover, SaskTel has
leveraged Hyperion software to build loyal, lasting customer
relationships that have enabled the company to achieve the highest
customer retention rate in Canada. This is particularly crucial for a
company whose wide range of offerings leave it open to competition in
multiple sectors. SaskTel’s marketing
department uses Hyperion BI software to determine the exact product
configurations that will increase customer loyalty.
The company has also automated reporting across its 10 retail stores,
transforming a formerly manual reporting and calculation process to one
in which managers can view daily, weekly or monthly reports. Via
Hyperion software’s Web browser-based
interface, SaskTel store management teams can compare current month
results to previous months’ performance, or
track year-to-date performance. By automating reporting, the company has
saved its store managers months of work.
Hyperion has also helped SaskTel streamline customer service by tracking
trouble tickets to continually analyze service quality. The telecom
leader even has retooled the process of engaging subcontractors for
delivery of large-scale services in other Canadian provinces –
a step that once took two weeks, and today requires just five minutes.
“Hyperion is our business intelligence
standard, with users in finance, marketing, sales, customer support,
operations and our call center. From executives to individual
contributors, we rely on Hyperion BI solutions for our information,”
said Karyle Blank, programmer analyst with SaskTel.
Although 2,000 SaskTel employees use its Hyperion BI system, the company
supports the implementation with just three IT staff members. “Hyperion
places minimal IT demands on us because most problems and questions can
be handled by power users,” added Blank.
About Hyperion
Hyperion Solutions
Corporation (Nasdaq Global Select: HYSL) is the global leader in Business
Performance Management software. More than 12,000 customers in 90
countries rely on Hyperion both for insight into current business
performance and to drive performance improvement. With Hyperion
software, businesses collect, analyze and share data across the
organization, linking strategies to plans and monitoring execution
against goals. Hyperion integrates financial
management applications with a business
intelligence platform into a single management
system for the global enterprise. For more information, contact
us at http://www.hyperion.com/company/contact/salesrep.cfm?CMP=PR_US.
“Hyperion”
and Hyperion’s product names are trademarks
of Hyperion. References to other companies and their products use
trademarks owned by the respective companies and are for reference
purpose only.
Safe Harbor Statement
Statements in this press release other than statements of historical
fact are forward-looking statements, including, but not limited to,
statements concerning the potential success of anticipated product
features, the anticipated product offerings and the potential market
opportunities for business performance management software. Such
statements constitute anticipated outcomes and do not assure results.
Actual results may differ materially from those anticipated by the
forward-looking statements due to a variety of factors, including, but
not limited to the company's ability to retain and attract key
employees, the successful and timely development of new products, the
impact of competitive products and pricing, customer demand, and
technological shifts. For a more detailed discussion of factors that
could affect the company's performance and cause actual results to
differ materially from those anticipated in the forward-looking
statements, interested parties should review the company's filings with
the Securities and Exchange Commission, including the Report on Form
10-K filed on September 1, 2006 and the Report on Form 10-Q filed
on November 8, 2006. The company does not undertake an obligation to
update its forward-looking statements to reflect future events or
circumstances.