Press Release - Paragon Joint Venture Launches in Middle East
NEW ENTERPRISE PERFORMANCE MANAGEMENT (EPM) CONSULTANCY FORMED FOR MIDDLE EAST REGION …JOINT VENTURE BETWEEN HSME AND PARAGON CONSULTING GROUP
Hyperion, the global leader in Enterprise Performance Management (EPM) software, today announces that its Middle East distributor HSME is forming a joint venture with leading European consultancy Paragon Consulting Group to provide an enhanced range of full life cycle EPM services.
The new combination will be known as Paragon Consulting Middle East and brings together HSME’s extensive Hyperion support with Paragon’s expertise in defining performance management strategy and processes through to EPM implementation, project management, process improvement and application management services.
The new joint venture will be headed up by Paragon Practice Manager Rob Hucknall. Thomas Popp-Madsen, regional Business Development Manager, will be responsible for the relationship with the new joint venture at Hyperion.
Commenting on the announcement, Paragon Director David Jones says: “Our joint venture with HSME will bring an unparalleled level of performance management process knowledge and Hyperion EPM implementation skills to the region and enables us to command a leading presence within the EPM sector. This holistic skill set, which combines both companies focus on the client’s situation, will create a unique degree of sustainable value.”
According to George Khori, Managing Director of HSME: “Through our joint venture with Paragon Consulting Group, we are investing in resources, technical knowledge, and technical setup to ensure we are among the best customer-focused software businesses in the Middle East region. Through our main offices in Dubai and a network of offices and resellers, we will serve a wide range of customers and provide sales, technical and implementation services in Enterprise Performance Management, Business Intelligence, dashboards, enterprise reporting, planning, budgeting and forecasting, and financial management and consolidation. We anticipate we will be recruiting rapidly to meet growing demand for these services.”
What is EPM?
EPM is a term that describes all of the processes, methodologies, metrics and systems needed to measure and manage the performance of an organisation and covers critical business processes such as strategic planning, budgeting, forecasting, consolidation and reporting.
About Paragon Consulting Middle East
Paragon Consulting Middle East is a joint venture between Hyperion distributor HSME and Paragon Consulting Group Ltd, the UK’s largest specialist EPM consulting and systems implementation practice. The team at Paragon Consulting Middle East consists of experienced consultants who developed their skills in the West European Market and locally developed skills, coached and trained by experienced EPM and Hyperion experts. Paragon Consulting Middle East is committed to the delivery of exceptional Hyperion based EPM solutions.
About Hyperion
Hyperion Solutions Corporation, a wholly owned subsidiary of Oracle Corporation, is the global leader in Enterprise 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, contact us.
About Paragon Consulting Group
Paragon is a leading provider of full life cycle services for Business Performance Management (BPM). Paragon’s services range from defining a Performance Management Roadmap through to project management, implementation and application management services. The depth and focus of Paragon’s BPM application skills are unparalleled and are supplemented with finance, information technology, business and process skills.