Select Page

Key #2 to Efficient FP&A: Keeping Up with Hyperion Upgrades

Bobby Ellis | | June 27, 2018

Thousands of organizations have made Oracle Hyperion an integral part of their FP&A processes. Like any enterprise software offering, however, Hyperion has its share of undocumented features, limitations, and third-party incompatibilities. Oracle is committed to fixing these issues through regular patches and security updates, although the level of support for a specific release diminishes over time.

Although Oracle cloud software automatically receives updates pushed out every month, Hyperion on-premises deployments must be upgraded manually. Despite prognostications of its demise, however, Oracle Hyperion on-premises is still alive and kicking. Oracle has announced that the next flagship version of the software, Hyperion 11.2, will have a scheduled release in Q1 2019.

Long-term support for 11.2 is expected to stretch into 2030, so Oracle is clearly pushing this next update as the landmark release of Hyperion on-premises for the foreseeable future. By providing more than a decade of guaranteed full support, Oracle is indicating that it will give its on-premises customers ample time to plan for a Hyperion cloud migration.

The Importance of Upgrading Oracle Hyperion

To make sure that you continue to receive the latest features, patches, and bug fixes, you need to keep Hyperion updated on a regular basis. This means not only installing the most frequent minor patches and upgrades but also keeping up with major releases such as 11.2 for Hyperion on-premises customers.

With the release of 11.2 less than a year away, you should already have a vision for when and how you will make the move. Upgrading an on-premises Hyperion deployment is frequently a major IT project – one that can last months from planning to completion, so you need to plan for it well in advance.

The longer you wait to upgrade Hyperion, the more difficult it will be to find a knowledgeable, experienced Oracle migration partner, and the more likely it will be that you will incur a lapse in support. For example, Oracle’s full support for Hyperion 11.1.2.3 expires in May 2018?next month, at the time of writing?which highlights the urgency of staying current on your release.

If you continue to use Hyperion without the latest upgrades, you could be putting the efficiency of your FP&A processes at risk. Nothing is more disruptive to your operations than the prospect of an unpatched security flaw that exposes your sensitive financial information to a data breach. In addition to this, older versions of Hyperion have known compatibility issues with Microsoft products such as Internet Explorer 10 and SQL Server 2008.

Datavail’s expert Hyperion consultants each have 10 years or more experience with deploying Hyperion technologies. We provide end-to-end service for your applications and environments, from planning and design to long-term support and maintenance, and can help any organization with their Hyperion upgrades and migrations.

Final Thoughts

Keeping Hyperion in working order is just one of IT administrators’ obligations to finance and business users.


Read This Next

The 4 Skeleton Keys of Modern FP&A Process Efficiency

Learn more about what you can do to keep your FP&A processes running smoothly by downloading Datavail’s new white paper.

360-degree Hyperion Support Overview

Every organization has unique needs, which is why we offer 360-degree Hyperion support tailored to what will help your organization to improve the most.

Brian McArtor | April 9, 2018
Global Education White Paper

Global Educational Organization Gets to the Heart of Hyperion Performance Management

Find out how Datavail helped this client be “99% less stressed out” with the Accelatis application performance management (APM) platform for Hyperion.

Brian McArtor | July 24, 2018
Shorten Forecast White Paper

Shortening Forecast and Close Cycles by 50% So You Can See the Future Instead of the Past

Delays, inefficiencies, and technological difficulties are all unfortunately the norm during financial close and forecasting cycles. Despite the challenges, top-performing organizations are able to close their books in 12 days or less – which is less than half the time that it can take their most inefficient competitors.

Brian McArtor | April 15, 2018

Work with Us

Let’s have a conversation about what you need to succeed and how we can help get you there.

CONTACT US

Work for Us

Where do you want to take your career? Explore exciting opportunities to join our team.

EXPLORE JOBS