Helzberg Diamonds performance shines with Hyperion software
08 Aug '05
3 min read
Missouri based jewelry retailer Helzberg Diamonds will leverage the power of the most recent release of the Hyperion Business Intelligence Platform, including Hyperion Essbase 7X and Hyperion Performance Suite 8.3 to deliver data to its 265 stores in 37 states.
The company currently uses products from Hyperion the leading provider of Business Performance Management software, for budgeting and financial reporting as well as nationwide inventory and assortment planning. Helzberg's IT department also uses Hyperion Performance Suite to create reports and dashboards for its sales, finance and merchandising groups.
“Hyperion Business Intelligence Platform will be used throughout the company for budgeting and performance management,” said Butch Jagoda, Vice President and CIO at Helzberg Diamonds. “The fast calculation speeds of Hyperion Essbase 7X makes it possible to deliver meaningful data down to the store level. With that information, they can fine tune operations as necessary and improve overall performance.”
The recent purchase is a migration to the latest versions of Hyperion Performance Suite and Hyperion Essbase, creating an integrated solution that will allow the company to add users and expand the system to replace existing relational data marts, so that dashboards can present data from both Hyperion Essbase and a DB2 data warehouse. The combined content from both OLAP and relational databases will make it possible for all users to gain added insight into business performance and to plan and budget appropriately.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
