AKRON, OHIO — FullMetrics Inc. has partnered with Hyperion Solutions Corp., which makes management software, in FullMetrics' quest to tie data from production machinery to economic programs used by top management. FullMetrics will market and resell two Hyperion products — its activity-based management and performance measurement systems — as a total package with Fullmetrics' own production & process management system for the plastics injection molding industry. The companies also offer software for die casting.
More than 6,000 companies worldwide use analytic software from Hyperion, based in Sunnyvale, Calif.
Activity-based management software combines features such as modeling, an analysis of profitability, activity-based costing and capacity planning. The Hyperion software predicts future performance.
FullMetrics specializes in software that does production monitoring and process management for the plastics injection molding and die-casting industries.
The two companies are integrating their software, said Evros Psiloyenis, president of FullMetrics in Eden Prairie, Minn.
For FullMetrics, Psiloyenis said, the key attraction was Hyperion's ability to determine if a specific machine, or group of machines, is reaching targets for things such as profitability and quality. An executive can gauge performance at a glance.
FullMetrics is the former Nicollet Process Engineering Inc., which was one of the early suppliers of process-monitoring software to the plastics industry.
"Traditionally we were a company that was a device manufacturer," Psiloyenis said in an interview at Plastics News offices in Akron.
The alliance with Hyperion is part of FullMetrics' strategy to offer management information through an entire plastics manufacturing company, he said.
Although the agreement does not call for Hyperion to sell FullMetrics products, Psiloyenis said the Hyperion connection will give his company access to new companies. "We will do the selling," he said.