Finally, Oracle confirmed the rumour that’s been going around for sometime by making a bid for a major Business Intelligence vendor. See the story here. The only change is Oracle has always been rumored to buy either Business Objects or Cognos. Hence the acquisition of Hyperion did take me up as a surprise.The acquisition of Hyperion has come about relatively cheaper, hence no wonder that the Oracle stock is up.
Given that the Hyperion ESSbase suite has been just well received, more so by the CFO community, this should give Oracle more leverage and advantage in the CFO room. It would also weaken SAP’s position, given that more organizations use Hyperion with SAP.
I personally felt that SAP should have acquired Hyperion and it would have made a good fit. But SAP has always been excessively shy of acquisitions, even if it made a good strategic fit.
Where does it leave the other major BI vendors? SAS will continue to be independent, but I do expect Business objects and Cognos to find new suitors (IBM could be one). Amongst the enterprise software segments, BI was clearly growing much better than other categories, but since the margins were small, they have become acquisition targets.
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