Oracle Hyperion Reviews

Oracle Hyperion exhibits varied ROI experiences. Some descriptions portray a moderate return, while others express a high ROI, emphasizing notable value. Several users narrate significant task efficiency improvements, reducing budgeting timelines substantially and enhancing data accuracy to 99.9%. Nonetheless, some indicate observing a delayed financial benefit, rating ROI as average initially. There are mixed reports from some who have not perceived noticeable ROI, contrasting with others who confirm a tangible return.

Oracle Hyperion often involves significant costs due to its premium pricing model. Many organizations report high initial setup costs, with estimates around $300K, and ongoing annual licensing costs. Monthly cloud subscriptions range from $2,000 to $2,500, while on-premise options require upfront payments based on user numbers. Some find the pricing comparable to alternatives like MSBA, but others critique its expense. High costs and complicated setups can pose challenges, particularly for medium-sized companies.

• "The licensing cost for the on-premises version of the solution is too high."
• "It might be considered relatively costly compared to some alternatives."
• "Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."

Oracle Hyperion is used for Enterprise Performance Management, focusing on planning, budgeting, and financial reporting. Many organizations utilize Hyperion for consolidation, forecasting, and analytics. It aids in transitioning from Excel spreadsheets to a centralized budgeting process, supporting on-premise and cloud deployments. Companies implement Hyperion for real-time data insights, advanced financial planning, forecasting, and business planning across diverse industries, including banking and investment. Hyperion facilitates multi-user access, ensuring comprehensive financial management and analysis.

Many users express mixed feelings about Oracle Hyperion's service and technical support. While some find the service satisfactory, others report slow response times and unhelpful assistance, especially with complex setups involving multiple Oracle products. Technical support sometimes faces challenges with issue resolution, requiring long wait times. Dedicated IT teams often handle support internally to avoid delays. Instances of effective support are noted, particularly when higher-level or specialized teams are involved. Service quality appears inconsistent across different cases.

Some found Oracle Hyperion's initial setup complex, especially when migrating or dealing with new environments. Others noted it straightforward when working with experienced teams or using cloud versions. Complexity often depended on technical expertise and business requirements. Larger environments faced more challenges. Many acknowledged improvements over time, with easier implementations for those familiar with software, but newcomers often experienced difficulty. Involving professionals eased the process in complex setups.

Oracle Hyperion appears capable of handling scalability to varying extents. Some report effective scaling for large enterprises, while others highlight limits with user expansion and performance issues without cloud integration. Hyperion supports numerous users in diverse organizations, adapting well for large data operations but showing constraints in specific scenarios. Its capability is commended by many, yet some seek improved flexibility and cloud enhancements for scalability needs.

Many users find Oracle Hyperion stable, reporting its reliability with few crashes. Some initial issues were noted, like Java memory leaks and bugs during updates. While some report complicated setups requiring technical expertise, stability improves with best practices and cloud transitions. Financial Reporting Studio is criticized for being less user-friendly. Despite occasional bugs, many large organizations successfully use it, often rating stability between seven and nine out of ten.