Hyperion Profitability and Cost Management Statement of Direction for Standard Application type
This might be a little off topic as this is the forum for EPM Profitability and Cost Management Cloud, but many of the partners that participate in this forum may also have customers still using HPCM.
In 2007 Oracle released the HPCM which introduced EPM’s first modeling platform for allocation processes and the HCPM Standard Application type. In 2014 we released the replacement for Standard Applications which we named the Management Ledger application type. Management Ledger apps were far superior to the Standard apps they were designed to replace. When PCM Cloud was introduced the ML app was the basis for its, and now EPCM’s, modeling and calculation engine.