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Source: Hyperion (HYSL.O)
Thursday, October 12, 2006 12:43 PM IST (07:13 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Information technology; Technology
Hyperion Ramps Up India and ASEAN Teams in Preparation for Expanding BI / BPM Market
New Delhi, Delhi, India,
Thursday, October 12, 2006
-- (Business Wire India)
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Hyperion (Nasdaq Global Select: HYSL), the global leader in Business Performance Management (BPM) software, today announced the appointment of two new Directors for their sales and services teams for the India and ASEAN region to gear up for the rapidly growing Business Intelligence (BI) and BPM markets in Asia Pacific. Stanley Chia has been appointed as Sales Director, while Francis Han has taken on the role of Services Director.
According to IT market research firm IDC, the size of the Asia-Pacific ex-Japan (APEJ) market for BI and BPM was US$340 million in 2005, a 22.5 per cent increase over the market size a year before. IDC expects the market to grow 13.5 per cent to reach US$639 million by 2010.
“Stanley and Francis’ appointments are part of our strategy to meet this anticipated growth and to better serve our existing and future customers across the ASEAN region,” said Suganthi Shivkumar, Managing Director for ASEAN and India. “Both of them have been a dynamic force in this company, displaying a strong combination of leadership skills and business acumen. We are thrilled to have such professional talent on board. We are confident that they will grow with the company and take us to the next level in servicing our customers.”
As Sales Director for Hyperion ASEAN, Chia will pilot a core team of experienced sales managers in ASEAN to drive Hyperion’s growth in the region by expanding its portfolio of customers across the different verticals and increasing its market share.
Promoted to Services Director for Hyperion ASEAN & India, Han will lead a team of pre-sales personnel and consultants in ensuring they maintain high levels of customer service throughout the implementation cycle, including pre-sales and after sales training.
Throughout his career with Hyperion, Chia has been influential in developing deals and has successfully won accounts such as Temasek Holdings, Singapore Sports Council, Keppel Corporation, Sembcorp, Ascendas Land, San Miguel Corporation, Cerebos, Singapore’s Ministry of Manpower and Ministry of Home Affairs.
“Hyperion’s strong foundation and expertise in BI technologies enables me to present a comprehensive BPM solution that not only report and analyze the past but also empower users with the insight and foresight to plan for the future,” said Chia. “With such a great team behind me, I am confident in increasing Hyperion’s BI and BPM market share in ASEAN.”
Since joining Hyperion in 2002, Han has been instrumental in putting together relevant BI and BPM solutions for clients that include Temasek Holdings, UOB, Sampoerna and APL. “Hyperion is a leading global BPM player,” said Han. “To lead and motivate a team of dedicated individuals in such a prestigious venture while maintaining excellence in our delivery and understanding of our customers’ needs, is a challenge I look forward to.”
Chia has a Masters in Business Administration in International Finance from the University of South Carolina where he graduated among the top of his class. Han holds a Bachelor of Engineering (Hons) degree in Electrical & Electronics Engineering from the University of Surrey (UK) in 1990, topping the list of First Class Honors roll.
Both Chia and Han are based in Singapore and will report to Shivkumar, who was recently awarded the best performing Hyperion Managing Director in the Asia Pacific region this year.
Note to Editor:
BPM is BI with a purpose. BPM connects goal setting, modeling, planning, monitoring, analysis and reporting into a complete performance management cycle, giving an organization visibility into how its businesses are performing and helps it to improve that performance. In this context, BI drives reporting and analytics, which in turn drive planning - the heart of business performance. Better plans lead to better performance.
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, visit www.hyperion.com.
For press backgrounder on Hyperion click here
Media contact details
Adeline Ho, Hyperion Solutions Asia Pte Ltd, +65 6311 8880, adeline_ho@hyperion.com
Pia Desai, Comma Consulting, +91 (011) 41354408 / +91 98110 41449, pia@comma.in
KEYWORDS: PEOPLE, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY, HYSL.O
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