What are the Hyperion Products are acquired by Hyperion & developed ?

1. What are the Hyperion products?

    * Essbase

    * Hyperion Intelligence and SQR Production Reporting (products acquired in 2003 takeover of Brio Technology)

    * Hyperion Enterprise

    * Hyperion Planning

    * Hyperion Strategic Finance

    * Hyperion Financial Data Management

    * Hyperion Enterprise Performance Management Architect

    * Hyperion Financial Close Management

    * Hyperion Disclosure Management

    * Hyperion Performance Scorecard

    * Hyperion Business Modelling

    * Hyperion Financial Management

    * Hyperion Master Data Management/Oracle Data Relationship Management

    * Hyperion Financial Reporting

    * Hyperion Web Analysis

    * Hyperion SmartView

    * Hyperion EPM Workspace

    * Hyperion Profitability and Cost Management

    * Hyperion System 9 BI+ (a combination of Interactive Reporting, SQR, Web Analysis, Financial Reporting, EPM Workspace and SmartView)

    * Hyperion Financial Data Quality Management (Also referred to as FDM EE)

    * Hyperion Tax Provision

    * Planning Budgeting Cloud Service

    * Enterprise Performance Reporting Cloud Service

   History of Hyperion BI Tool?

   * IMRS founded by Bob Thomson and Marco Arese, and launches financial and management consolidation software called 'Micro Control' in 1983.

   * In 1991 IMRS becomes a public company and launches a Windows-based successor to 'Micro Control' called 'Hyperion'.

   * In 1992 Arbor Software ships first version of Essbase Online Analytical processing OLAP software.

   * In 1995 Due to the success of the "Hyperion" product IMRS changes name to "Hyperion Software Corporation" and the name of the product
     is changed to "Hyperion Enterprise." Arbor becomes a publicly held company.

   * In 1998 Hyperion Software merges with Arbor and the combined company is renamed Hyperion Solutions.

   * In 1999 Hyperion acquires Sapling Corporation (Analytics applications for Enterprise Performance Management).

   * In 2003 Hyperion acquires Brio Technology and The Alcar Group.

       * Brio technology:The company is best known for their business intelligence software systems, starting with DataPivot on the Apple Macintosh (query,analysis & reporting)

       * Alcar group: It is financial modeling expertise.

   * In 2005 Hyperion acquires Razza Solutions (Master data management).

   * In 2006 Hyperion acquires UpStream (Financial Data Quality Management).

   * In the same year 2006 Hyperion acquires Beatware (Data visualization for Web and Mobile Devices).

   * 2007 - Hyperion acquired Decisioneering (Crystal Ball software- Risk analysis)
   
        Decisioneering details : award-winning software, Crystal Ball, is the industry-leading predictive analytics, simulation and modeling tool built for business users.
        Crystal Ball includes a full suite of Microsoft Excel-based predictive analytic applications that are easy to use and implement.
        This acquisition of Decisioneering will allow Hyperion to integrate risk management more deeply into its solutions that automate the business management cycle.

   * In 2007 Oracle acquired Hyperion.

      * Hyperion now operates as a division of Oracle.

      * Oracle extended support for most Hyperion products (v11.1.2.x) to 2018.

      * Hyperion BI tools were bundled into Oracle Business Intelligence Suite Enterprise Edition.
   

What is the difference between PBCS Vs EPBCS Vs FCCS?

 PBCS vs EPBCS: (Enterprise Planning and budgeting cloud services)

 -PBCS

   * PBCS was built from on-prem Hyperion Planning, so you’re already getting a proven system. 

     Everything you get with PBCS, you’ll also get with EPBCS. Both applications have the following features:

     * 3 BSO Custom Plan Types

     

     * 3 ASO Custom Plan Types

     

     * 1 Consolidated Reporting Cube

   * Like the on-prem version of Planning, PBCS allows for flexibility to make changes to business rules and templates behind the business rules.

-EPBCS

     This is where EPBCS departs from on-prem Planning. EPBCS has out-of-the-box frameworks that allow very little custom modification inside plan types. 

   * These are the four frameworks found within EPBCS:

     * Financial Statement Planning

     * Workforce Planning

     * Capital Asset Planning

     * Project Financial Planning

   1. Financial Statement Planning:

     * This framework includes four sub-processes that can be enabled one at a time: Revenue, Expense, Balance Sheet, and Cash Flow.

     * The Financial Statement Planning framework allows users to integrate balance sheets with income statements and cash flow. 

       If you make changes on an income statement, it automatically updates the balance sheet and cash flow. You can also access 

       the framework for revenue/sales and gross margin planning to add dimensions for unique business drivers.

     * This framework supports direct and indirect cash flow methods. You’re also able to leverage the framework for trend-based planning using best practice expense drivers.

   2.Workforce Planning:

     * This framework attempts to address the needs of HR and Finance, allowing the department to plan by employee, or job code, for compensation-related expenses. 

       Workforce planning can be used enterprise-wide and has the capability to support large organizations spanning the globe. 

     * With this module, you’re able to align your HR strategy with corporate priorities. It’s also a tool for business users to easily keep up with their expenses and benefits.

   

   3.Capital Asset Planning:

    * This framework allows you to track new and existing assets, as well as intangibles. Capital Asset Planning supports depreciation and amortization calculations, 

      cash flow planning and funding for investment and leased assets, as well as “buy versus lease” comparison. You can use this framework for planning asset-related 

      expenses with automated processes for retirements, transfers, and improvements.

   3. Project Financial Planning:

     * For organizations with many internal projects — such as IT, marketing, R&D, and training — this framework allows for driver-based planning for both short- and long-term projects. 

       This framework lets individual employees drive their project-related planning, while tracking asset-related expenses and project revenues. You also get out-of-the-box analysis to 

       review project performance, project revenue, expenses, and cash flows.

   4.Pricing:

     * The prebuilt frameworks are the biggest difference between PBCS and EPBCS, but there’s also a major difference in the price tag. PBCS is $120 per user per month, 

       while EPBCS is $250 per user per month. For organizations looking for out-of-the-box capabilities, EPBCS is a good fit, but you’ll have to pay a little more. 

       PBCS allows for customization around your specific organization and though your monthly investment is cheaper, you’ll have to invest time and energy in customizing your environment.

   

  -FCCS: (Financial consolidation & cloud services)

        * If you know PBCS, then you already know FCCS…technically. They share ~70% of the same platform. What’s interesting is that there are several areas of FCCS that refer to either “Planning” or “PBCS”.

         

        *  you still need the functional knowledge. A strong accounting background is key. However, already having the knowledge of how Essbase inherently calculates and stores data will give you a leg up.

        

        * out of box features:

          * DashBoards

          * Control elements

          * currency FX

          * Data management

          * New dimensions:

            * Movement

            * data source

          * two custom dimensions

          * view and manage the close process

          * supplemental data with drill back

          * centralized audit information

    

How to Install Hyperion Planning?

Pre-requisites to Implement Hyperion Planning Implementation?

  * To install planning fisrt we have to start with EPM installation

    * Hyperion EPM installing in an environment that has at least 4CPUs and 12GB of RAM.
   
    * Check to make sure that you have administrative privileges for the machine you are installing on.
      If you don’t know, or don’t know how to check, see the following link: http://www.technipages.com/how-to-check-for-administrator-rights.

    * Disable “User Access Control” by clicking “Start” and then typing “UAC”. Select “Change User Account Control settings”.

    * Set the level to “Never Notify” and click “OK.”

    * Download the relevant assemblies from the Oracle E-Delivery site. This includes the installation documentation.

    * Log in with your Oracle ID by clicking “Sign In / Register”.

    * Read the “Terms & Restrictions.

    * Select “Oracle Enterprise Performance Management System” from the first drop down. Select the appropriate platform
      for the second drop down. For this installation, I have selected “Microsoft Windows x64 (64-bit)”. Click “Go.”

    * Select the “11x Download” option and click “Continue.”

    * From here, you need to select the appropriate files for download. I have listed them below. When you download these files, put them in the following directory: C:\oracle_install_files.

    * Log in as a user with SYS rights to your Oracle instance.

    * Execute the create user statements to create all of the users you need for the install.

    * Once all of the assemblies are downloaded, you should have a folder.

    * Now it is time to unzip all of these files into the same directory, to create the Installation folder. Create a folder on your local drive called
      C:\oracle_installer. Once this is done, unzip the first file into this directory.

    * After prepping your local machine, downloading assemblies, and creating the installation folder, you can begin the installation process.

    * Find the file called “installTool.cmd” located in the C:\oracle_installer directory. Right click, and run as administrator.

    * Choose a language and click OK.

    * The installer will review several prerequisites, and note any issues at the bottom. As demonstrated below, the system passes validation. Resolve any errors before continuing. Click “Next.”

       Pre requisites:  1.Epm installer succesfully resolved the hostname.
                      2.The operating system operated - windows server 2008 R2
                      3.All environment variables pre requisites have been met.
                      4.Inventory is writable.

    * Select a location for the installation.

    * Elect to perform a new installation.

    * From here you can see a list of all the available products for installation.
      1.Foundation services
      2.Essbase
      3.Reporting
      4.Planning
      5.financial close management
      6.Disclosure management
      7.Financial management
      8.Strategic finance
      9.FDM
      10.FDM Entriprise edition
      11.Profitability&cost management

    * Click Uncheck All. This clears all of the available products, providing an empty list to choose from.

    * Check the following products:

      * Under Foundation Services:All Foundation Components Calculation Manager.

      * Under Essbase:Essbase Administration Services Web Application.
        * Provider Services Java Web Application
        * Essbase Server
        * Essbase Server Samples

      * Under Reporting and Analysis:Framework
        * Java Web Application
        * Framework Services and Common Libraries

      * Under Planning: Planning Java Web Application

     
      * At this point, you have an opportunity to review the EPM install. Each product is listed for installation.

      * Click “Next” to move on to the installation.

      * As each product is installed, a check mark will appear next to the product.
 
      * Once the installation is complete, you can either choose the “Configure the EPM System” option or the “Finish” option.
 
      * Finish
 
    

What is the Difference between Planning Vs HFM Vs Essbase ?

 Planning :

 
     * Oracle Hyperion Planning is a centralized planning, budgeting, and forecasting solution that
       integrates financial and operational planning processes and improves business predictability.

 Key features :

     * Complex planning processes
     
       1. Planning by employee
   
       2. planning capital requests

       3. planning projects



    * complex driver based

    * Managing the planning and workflow

    * Combining budgets, rolling forecast, LRP(long range planning,weekly snapshots, etc. into a single application.

 

 HFM: Hyperion financial management

    * Oracle Hyperion financial management is a comprehensive, Web-based application that delivers global financial consolidation,
reporting and analysis in a single,highly scalable software solution.

 Key Features:

    * Complex organizational consolidation

    * Multiple transactional currencies

    * Inter company transactions

    * Minority interest (minority interest is a fractional share of a company amounting to less than 50% of the voting shares)

    * Maintaining historical representation of data

    * Ability to handle journals(Journals are really just another way to get data into the system, with a couple of exceptions. Unlike WDEFs or grids,
      journals provide system reports to view that give you a trail of the changes made)

    * Full audit trails-Data and end user actions

    * External reporting to stakeholders

 Essbase:

 
    * Essbase  is a multidimensional database management system (MDBMS) that provides a multidimensional database platform upon which to build analytic applications.
      Essbase, whose name derives from "Extended Spread Sheet data Base".

    Key Features:

    * Highly advanced calculation engine

    * Rich user experience - (Brings powerful online analytics processing (OLAP) directly to the business user)

    * What-if” analysis- (Quickly and easily develop and manage analytic applications that can forecast likely business performance levels)

    * Open, scalable, and secure- (Enables detailed analysis of terabytes of data for thousands of simultaneous users, providing up-to-the-minute, dependable information)

 

                                 Hyperion planning vs Essbase :

 

          Hyperion planning                                                   Essbase 

   1. centralized web based solution providing            1.Powerful analytic engine to do"whatifanalysis"
      Excel interface for budgeting and forec-
      asting activities

   2.Essbase as the backend for application

   3.Provides powerful workflow including                 3.No such workflow is available
     Email notifications alerts,and task lists
     To better control and manage the budget
     process

   4. provides task lists which can be assigned            4. No task lists are available
      to the team to manage the budget process
 
   5.account annotations and supporting details           5.No such functionality
     functionality available to provide justification
     on the budget numbers
 
   6.out of box functionality is available for                  6. No such prebuilt solutions available
     workflow and capital asset is available

   7. system 9 workspace provide single web based           7. Essbase application is managed by a separate interface to manage planning and forecasting        console which is also available on web but is  and associated financial and web analysis                               not integrated with Hyperion reports    reporting
 
   8. Data load can be done through web forms              8. No web based forms/templates available, need to develop excel based templates

   9. Security is role based                                               9. security is role based

   10. 20 maximum dimensions                                       10. No limit

   11.'8' mandatory dimensions                                        11. No limit
       account,entity,period,year,scenario
       version,currency(multi currency),
       Hsprates (Multi currency)

   12. Maximum 5 types of plan type                                12. plan type corresponds to db in essbase application
       3 generic plan types
       workspace planning
       capital planning

   13.calc script available                                             13. calc scripts are available for writing complex logic

   14. User prompts are available in                            14. no user prompts are available in calc scripts
       business rules

    Hyperion financial management  vs Hyperion planning

            Hyperion planning                                            Hyperion financial management 

1. It's a planning, budgeting and forecasting                   1.It's a financial consolidation application
   web based application

2. planning cycles can be annual, quarterly, monthly            2. It's a monthly close
   or ad-hoc

3. the planning team is focused on future performance           3. the accountants are compiling historical results


      

How to Troubleshoot Hyperion logs and its path [Essbase/Planning logs location]

Welcme to LIT,

In this post we are going to see how to troubleshoot the issues using the logs and you can see the logs location for Essbase and Hyperion Planning.

·         Start a problem log:

  

1.    The most useful habit to develop during issue resolution is to start a detailed log about the issue.

2.    Problems can take days or weeks to resolve and require trying hundreds of different prospective resolution attempts.

3.    It is easy for a “small” problem to become a long winded issue.

4.    If the problem log is created initially, all the important details can be captured.

5.    Additionally, it is much easier to bring others up to speed (management) and create support tickets when all of the information is documented.

6.    This log should include the error as the end user sees it, the error from any logs you are able to capture, screenshots, timestamps, and things that you have tried along with the results.

  

·         Reproduce the issue:

   

1.    The first thing to find out is whether the issue is reproducible.

2.    It is very difficult to solve an issue that is not reproducible. Many errors are simply ‘glitches’ and may have been caused by a very improbable event, such as a database hiccup.

3.    Such a problem may never produce itself again. Consequently, an initial step toward resolution is to restart the Oracle EPM services to bring them back into a ‘known state’.

4.    If the problem is not immediately reproducible after the restart, go back to the problem log and record everything you can.

5.    This type of issue will need to be profiled over a period of time to try and discover patterns if it occurs again.

  

·         Numerous logs:

1.    Once it is discovered that the issue is not a simple glitch, it is time to start digging.

2.    The first place to track down the cause of an issue is in the logs.

3.    The logs come in various forms. Here is a general breakdown of the log types:

  Logs and its location:

·         Essbase Server:

Ø  Location: EPM_ORACLE_INSTANCE/diagnostics/logs/essbase/essbase_0, where 0 is an instance number

·         Application location:

Ø  EPM_ORACLE_INSTANCE/diagnostics/logs/essbase/essbase_0/application name

ØAdministration Services: 

MIDDLE WARE_HOME/user_projects/domains/EPMSystem/servers/EssbaseAdminServices0/logs

Ø  Provider Services: MIDDLEWARE_HOME/user_projects/domains/EPMSystem/servers/AnalyticProviderServices0/logs

Ø  Essbase Studio:EPM_ORACLE_INSTANCE/diagnostics/logs/EssbaseStudio

Ø  Essbase StudioConsole: EPM_ORACLE_HOME/products/Essbase/EssbaseStudio/Console/workspace/.metadata

Ø  Essbase SecurityClient: EPM_ORACLE_INSTANCE/diagnostics/logs/essbase/essbase

Ø  OPMN: EPM_ORACLE_INSTANCE/diagnostics/logs/OPMN/opmn( opmn.log—Information about when Essbase starts, stops, and how many stop and start retry attempts are made)

Ø  Essbase Plugin:

EPM_ORACLE_INSTANCE/diagnostics/logs/essbase/lcm( Information about artifacts listing, migration (import/export) of Essbase )

 

·         Planning:

ØDefault Location: C:/MIDDLEWARE_HOME/user_projects/domains/EPMSystem/servers/Planning0/logs

  

Ø  EPM_ORACLE_INSTANCE/diagnostics/logs/planning

  

 ·         Log file name and contents:

    

Ø  UserProvisionSync.log—Security refresh information, such as provisioning or “user not found” issues

Ø  Planning utility logs—A log for each Planning utility

PlanningAppUpgradeLog_application_name.txt—An upgrade log for each upgraded Planning application

Regards,

Lead Innovative Technologies

Contact:+91-7207118899,+91-9966661460.

Email:Leadinnovativetechnologies@gmail.com