Hyperion is a database that allows you to easily retrieve data. Oracle purchased the firm in 2007 and has worked to enhance the software. Hyperion’s fancy term is Business Intelligence, and it seeks to help businesses make better decisions.
As a result, a BI system can also be referred to as a decision support system (DSS).
Though the terms business intelligence and competitive intelligence are frequently used interchangeably, they both help decision-making. Competitive intelligence acquires, analyses, and disseminates information with a thematic focus on rivals, using technologies, procedures, and applications to evaluate primarily internal, structured data and business processes.