Case Study
Celgene Optimizes and Stabilizes Oracle Hyperion Planning with MindStream Analytics
Celgene is a multinational biopharmaceutical company focused on improving patient lives through therapies for cancer and severe immune and inflammatory conditions. To modernize planning and improve performance, Celgene partnered with MindStream Analytics on an Oracle Hyperion Planning upgrade.
Celgene needed a finance and reporting environment that could better support evolving business requirements without adding more complexity for the team. That meant improving structure, reducing manual effort, and creating a system that could be trusted for ongoing analysis and decision-making.
MindStream Analytics approached the engagement with a practical focus on long-term usability, making sure the solution improved day-to-day execution while also creating a stronger foundation for future planning and reporting needs.
The Challenge:
Celgene wanted to stabilize and enhance its Hyperion environment while improving data integration, management reporting, and adaptability for future business growth.
Existing planning applications had significant opportunities for functional and technical improvement. This made it harder for the organization to move efficiently from raw data and process inputs to timely, reliable financial insight.
The organization was spending too much time managing inefficient data integration processes. This made it harder for the organization to move efficiently from raw data and process inputs to timely, reliable financial insight.
Celgene needed a more adaptable foundation that could expand as business processes changed without harming performance. This made it harder for the organization to move efficiently from raw data and process inputs to timely, reliable financial insight.
As reporting expectations increased and business needs evolved, Celgene needed a more dependable environment that could improve visibility, streamline workflows, and support faster decision-making.
The Solution
MindStream upgraded Celgene’s Oracle Hyperion Planning environment and redesigned key parts of the architecture to improve stability, simplify administration, and strengthen reporting.
Upgraded Hyperion Planning to version 11.1.2.1 and stabilized the environment. This step helped align the platform more closely with business requirements and reduced dependence on fragmented or manual workarounds.
Simplified and consolidated application architecture and underlying plan types. This step helped align the platform more closely with business requirements and reduced dependence on fragmented or manual workarounds.
Implemented Financial Data Quality Management to automate data feeds and improve data integrity. This step helped align the platform more closely with business requirements and reduced dependence on fragmented or manual workarounds.
Leveraged Hyperion Essbase and improved metadata management to strengthen reporting and analysis. This step helped align the platform more closely with business requirements and reduced dependence on fragmented or manual workarounds.
Rather than stopping at a basic technical implementation, MindStream focused on creating a more stable and scalable operating model inside Oracle. That gave Celgene a solution that was easier to manage, easier to trust, and better suited for growth over time.
Key solution components included:
The Result
The upgraded environment gave Celgene a more stable and dynamic Oracle Hyperion platform, reducing process friction and helping the organization get more value from its planning investment.
Delivered a smoother, more stable Oracle Hyperion Planning environment. In practical terms, that meant stronger visibility, better process efficiency, and more confidence in the information being used to support finance and leadership decisions.
Improved adaptability through consolidated applications and stronger architecture. In practical terms, that meant stronger visibility, better process efficiency, and more confidence in the information being used to support finance and leadership decisions.
Automated data feeds from PeopleSoft to reduce manual effort and reconciliation time. In practical terms, that meant stronger visibility, better process efficiency, and more confidence in the information being used to support finance and leadership decisions.
Enhanced what-if analysis, management reporting, and process efficiency across the environment. In practical terms, that meant stronger visibility, better process efficiency, and more confidence in the information being used to support finance and leadership decisions.
Overall, the engagement helped Celgene move beyond short-term pain points and establish a more reliable framework for reporting, planning, and financial analysis going forward.