Contact Center Solutions Featured Article

October 09, 2008

NewMarket Technology Implements Oracle Hyperion Planning and Financial Management Project for Brazil Telecom



NewMarket's Brazilian subsidiary UniOne has selected an Oracle (News - Alert) Hyperion Planning Financial Management (HFM) project for Brazil Telecom S.A.
 
Oracle Hyperion Financial Management is a comprehensive, Web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution.

Hyperion Planning is a budgeting and forecasting application, now owned by Oracle, that integrates financial and operational planning processes and improves business predictability.

Oracle had announced the acquisition of Hyperion Solutions (News - Alert) Corporation in March 2007.
This new project is a follow-on project to the one implemented by UniOne for Brazil Telecom in 2007.

NewMarket's operations in Latin America are leading Microsoft (News - Alert) and Oracle partners in the region and have seen substantial growth from these partnerships over the past year. For the first half of 2008, NewMarket's Latin American operations have accounted for approximately $12.6 million in revenue YTD with $528,600 in net income, supporting the company's global goal of $120 million in profitable revenue for 2008.

In 2007, NewMarket reported $93.1 million in revenue with $7.3 million in net income across all its operations.

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco (News - Alert) Systems, SAP, Siebel and Sun Microsystems.


NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and emerging markets around the world including Latin America, China and Singapore.

UniOne has offices in Brazil and Chile and provides Business Intelligence (BI), Enterprise Resource Planning (ERP), Business Performance Management (BPM), Customer Relationship Management (CRM) and Services Oriented Architecture (SOA) consulting services throughout Latin America.
 
 
Don’t forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users. Today’s featured white paper is ApplianX IP Gateway as a VoIP-Enabled Programmable Switch, brought to you by Aculab (News - Alert).
 

Anil Sharma is a contributing editor for TMCnet. To read more of Anil's articles, please visit his columnist page.

Edited by Stefania Viscusi


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