Domo vs Oracle Hyperion comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Domo
Ranking in Business Performance Management
10th
Average Rating
7.8
Number of Reviews
35
Ranking in other categories
Data Integration (23rd), BI (Business Intelligence) Tools (11th), Reporting (6th), Data Visualization (5th)
Oracle Hyperion
Ranking in Business Performance Management
2nd
Average Rating
8.0
Number of Reviews
51
Ranking in other categories
No ranking in other categories
 

Market share comparison

As of June 2024, in the Business Performance Management category, the market share of Domo is 0.6% and it decreased by 28.7% compared to the previous year. The market share of Oracle Hyperion is 14.8% and it increased by 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
Unique Categories:
Data Integration
0.2%
BI (Business Intelligence) Tools
4.5%
No other categories found
 

Featured Reviews

Ron Splittgerber - PeerSpot reviewer
Jan 17, 2023
Has assisted our organization in de-identify data before presenting to decision-makers
Our primary use case for the solution is pandemic data and ensuring that the information is de-identified before it is presented to decision-makers The solution has assisted us in de-identifying the data and providing it promptly, so decision-makers can decide whether to keep classrooms open and…
Jorge Flores Hernandez - PeerSpot reviewer
Jun 23, 2022
A solution that can be used to translate processes into forecasts and budgets
The reporting could be improved. It is challenging to do reporting on Oracle Hyperion if you're not an expert, and you may have to use an add-on to simplify it. For example, our company uses financial reports, and it's challenging for people that don't have all the technical skills. This solution requires a lot of specialized people because it's not very easy to navigate. More specifically, you may need a specialist or expert in formulas and dealing with the interface. In addition, it requires multiple sheets and many templates. Additionally, it is not very secure and does not have all the required security.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"We've worked with all the features of Domo. Among the most important are Pivot and Sumo Cards. We can use drill-down from the top-most level with a click, generating charts."
"The most valuable feature currently is the self-service BI availability in Domo. I would say the data file fabric solutions where the users themselves are responsible for generating their own reports."
"The best feature of Domo is that it's completely on the cloud. I also like that you can handle data end-to-end without having to depend on multiple tools. Another specific feature I like the most about Domo is Magic ETL because, through it, you can do all your expression, transformation, and loading activities very smoothly. The tool also follows the lineage concept, so you can understand what kind of transformations took place on a particular data set. You can find end-to-end data from the source until it has become the final output or the final data set. Whatever happened to a particular data set, you can understand it through the Domo lineage, and that isn't possible in most of the tools available in the market, but in Domo, that's available. The tool is also solid and because it's on the cloud, it uses multiple data engineering in the backend and multiple algorithms in the back, behind the scenes, resulting in a great performance. For example, if an end user such as the CEO or COO opens a report or the dashboard and it takes more than ten seconds, the end user won't be interested in looking at that report or dashboard, but Domo enables better performance and there's usually no performance issues from that tool."
"It has the best GUI. And it already has an ETL tool embedded in it..."
"We find the ease of using the solution valuable."
"The solution is highly stable."
"The best thing is that the data storage is pretty much free. I can store as much data as I want, from different sources."
"With ETL transformations in SQL lists, you often write a lot of queries. You have to build a bunch of code for the data. With Domo, one of the pieces we have is Magic ETL. In Magic ETL, you don't need to write code. You don't need to be a specialist in SQL or any database query language."
"The scalability is good."
"The stability is fine and quite user friendly."
"This product is very scalable and provides high ROI."
"Hyperion is helpful for all our budget processes."
"The accuracy of data gathering and consolidation is very good."
"One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that."
 

Cons

"I would like to publish a dashboard for the employees so that they can also see the performance of our organization. But that is not a feature in Domo, although it's something that Zoho provided."
"I would like to see more dashboard creation options."
"It is expensive."
"They should include service-based reporting features."
"The forecasting feature, the regression features, and the Python libraries could all be improved. They're all in beta."
"Their organization or client service didn't always keep up... They took on more and more clients and the processes slowed down a little bit."
"It's quite slow. We are using about 2,000,000 rows of data. Creating certain reports takes almost a couple of minutes, which should not be the case."
"Their STK is not up to date and you can't access it on their website. They have a private STK to access resources in Domo."
"It is challenging to do reporting on Oracle Hyperion if you're not an expert."
"This solution's stability is a little problematic."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"Their documentation could be a little bit more descriptive at places. They don't really do a lot of How-Tos because that gets pushed through to the consulting groups. There have been some books. There is a real good one out there about how to look smarter than you are with Hyperion Planning that some people at a company called ArganoInterRel wrote. Those things do exist, but that's not in their documentation. It's basically like they'll say, "This is the field. This is what it's used for," but they don't tell you how to particularly use it in your case environment."
"There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."
 

Pricing and Cost Advice

"I believe that the investment in Domo was worthwhile because it allowed for the organization to jump in quickly, with little training. There are different plans available based on the requirements."
"It started out at about $600 a seat. However, then as we started to grow, it scaled that down to about $330 or 3$50 a seat, if I'm not mistaken."
"I think it is reasonable."
"They've built an "app economy." Some of them are really expensive, so they're not for startups and smaller companies. They're more like enterprise tools. We couldn't afford some of them, because they were so crazy expensive. But if I was working for a bank, insurance company, or some bigger corporation then, for sure, you could justify those prices... It was silly expensive back then and it probably still is, or even more expensive."
"Domo has more than one licensing model. You can choose between the yearly subscription and the per-user licensing model. The tool is flexible in terms of licensing. As for the cost, Domo is an end-to-end BI tool so its pricing is a little higher than other players in the market, for example, non end-to-end BI tools such as OBIEE and Tableau specific only for business intelligence and presenting data to the end users, unlike Domo which handles everything. You want to get Domo as an integration tool, an ETL tool, etc. As the tool is end-to-end, its cost is always going to be a little higher than other BI tools, but it's worth paying because you won't have to spend extra for other activities. After all, Domo can do those activities."
"It is on the pricier end."
"Domo is slightly costly but it's much cheaper than some."
"Because it's software as a service, it's more expensive on the face of it. But there are a lot of variables. I don't have to pay for servers or for infrastructure. I don't have to pay labor for my IT organization to set up or maintain the environment. I don't have to pay for them to upgrade the software, and test it, etc., because when it rolls out, it is transparent and seamless for us. But, because of that, it costs more, I imagine, than Sisense, or Yellowfin, or Power BI. A lot of those make it sound like they're inexpensive, but when you add in all the hidden costs and all of the overhead, it's probably comparable."
"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
"We pay for licensing yearly."
"Oracle Hyperion is not an inexpensive solution."
"The solution is affordable."
"It might be considered relatively costly compared to some alternatives."
"Compared with MSBA, it is quite reasonable."
"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
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Top Industries

By visitors reading reviews
Computer Software Company
13%
Manufacturing Company
10%
University
7%
Retailer
7%
Computer Software Company
12%
Manufacturing Company
12%
Financial Services Firm
11%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about Domo?
All our client SLAs and daily and weekly dashboards are tracked on Domo.
What is your experience regarding pricing and costs for Domo?
Domo can be crazy expensive. They have a lot of capabilities but depending on the pricing model you have, either they nickel-and-dime you for add-ons or charge you for each job execution under the...
What needs improvement with Domo?
If Domo had a Copilot feature, you could interact with the graphs and talk to the graphs and tables.
What do you like most about Oracle Hyperion?
We can collect data from various sources, which is very useful for budgeting and planning.
What needs improvement with Oracle Hyperion?
They could support machine learning algorithms for the product. Such functionality would make operations easier for finance executives in the next five years. They are trying to edit the functions,...
What is your primary use case for Oracle Hyperion?
Our primary use case for the product involves supporting customers in constructing forecasting models within the Oracle Hyperion platform.
 

Comparisons

 

Also Known As

corda
Hyperion
 

Learn More

 

Overview

 

Sample Customers

Capco, SABMiller, Stance, eBay, Sage North America, Goodwill Industries of Central Indiana, Telus, The Cliffs, OGIO International Inc., and many more!
ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
Find out what your peers are saying about Domo vs. Oracle Hyperion and other solutions. Updated: May 2024.
787,061 professionals have used our research since 2012.