Al-Faris partners with Hyperion to deliver the Most Comprehensive Business Intelligence (BI) Solutions

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(Al Bawaba Via Thomson Dialog NewsEdge) Al-Faris Information Technologies Co. K.S.C.C (Al-Faris), the leading Middle East e-Business Innovator, today announced the signing of a partnership agreement with HSME, the Regional Distributor of Hyperion Solutions in the Middle East, to promote Hyperions market leading solutions in Kuwait.



"We are excited to team up with a leading company like Al Faris in Kuwait. Al Faris has the knowledge, expertise and years of market experience that makes them an ideal Hyperion partner. We are looking forward to working closely with Al Faris to offer the market Hyperions world class solutions." said Mr. Hisham Malak, Channel & Marketing Manager at HSME.

Hyperion is the global leader in Business Performance Management software. More than 10,000 customers, including over 1,000 global Financial Services companies, 93% of the Fortune 1000, 10 out 10 of the world's largest banks and 77% of the Global 500 banks, rely on Hyperion's software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance.

"There is an increasing demand for Business Intelligence in the State of Kuwait. Through our partnership with Hyperion, Al-Faris will be offering the most comprehensive business intelligence (BI) tools for reporting and analysis in the market today. We are looking to help our customers increase their productivity, lower cost of ownership, and reduce overall business risk." said Mr. Haitham Al-Faris, Chairman, President and CEO Hyperion delivers the most comprehensive and flexible business performance management (BPM) system in the marketplace today. Across lines of business, departments, or subsidiaries, Hyperion can help you track and manage your companys performance in real- time. Whether an organization wants to start with business intelligence, has already deployed business intelligence or seeks to design and implement a comprehensive Business Performance Management initiative immediately, Hyperion is the only Business Performance Management solution provider that pulls it all together to drive continuous performance improvement and accountability.

"Our partnership with Hyperion will help our customers implement the full range of BI solutions from enterprise and financial reporting to management dashboards and compliance reporting. In addition, Al-Faris will be able to provide world-class delivery of IT services and integration around Hyperions Business Intelligence solutions." Mr. Al-Faris concluded.

About Hyperion HSME is the regional distributor of Hyperion Solutions in the Middle East. Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Along with the industry's most comprehensive and flexible set of interoperable applications, Hyperion offers the leading Business Intelligence platform optimized to support Business Performance Management solutions.

Named one of the FORTUNE 100 Best Companies to Work for (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company's innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. In the Middle East, Hyperion is represented by Sybase Products Middle East.

For further information, please visit http:www.hyperion-me.com About Al Faris: Al-Faris Information Technologies Co. (Al-Faris) is a Kuwaiti Shareholding Company (Closed), located in Kuwait City, State of Kuwait with regional offices and presence around the Middle East. Al-Faris, founded in July 1988, is the Middle East e-Business Innovator delivering solutions and services for growing enterprises. Al-Faris offers business consulting services and designs scalable and innovative eBusiness solutions that are built based on "best of breed" technology and superior service that create massive economic results to the clients. Al-Faris provides innovative, open and flexible solutions of relationship management, electronic commerce and application hosting to corporate businesses so they can capitalize on the internet technologies to transform the way they support their customers, develop their markets, and build their business to stay competitive.

Al-Faris assures quality and customer satisfaction through continual improvement providing delivery of the highest quality products and services which helped us achieve ISO 9001:2000 certification in the State of Kuwait For more information, please visit: www.al-faris.com 2006 Al Bawaba (www.albawaba.com)

Copyright 2006 Al-Bawaba.com, Inc.
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