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Alteryx vs Oracle Essbase comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

Categories and Ranking

Alteryx
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
81
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th), Data Preparation Tools (1st)
Oracle Essbase
Average Rating
8.4
Reviews Sentiment
5.5
Number of Reviews
14
Ranking in other categories
Database Development and Management (12th)
 

Mindshare comparison

Alteryx and Oracle Essbase aren’t in the same category and serve different purposes. Alteryx is designed for Predictive Analytics and holds a mindshare of 21.4%, down 26.0% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.0% mindshare, up 0.8% since last year.
Predictive Analytics
Database Development and Management
 

Featured Reviews

Theresa McLaughlin - PeerSpot reviewer
Quick development enables seamless data processing despite occasional support issues
There were times when the product would fail during development without an apparent reason. The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system. Licensing negotiations were problematic, affecting our product usage. For instance, our licenses were temporarily lost during negotiations when an agreement couldn't be reached.
RANOJOY PAUL - PeerSpot reviewer
Stores multidimensional data, good customer support and interface is very easy
It is very fast compared to other normal databases, like SQL and MySQL. It doesn't store data in tables in the back end. To load data into Essbase, we need to prepare it in a table format. When we find the data in the table, we need to verify it. This way, you can rate the data. But Essbase stores multidimensional data. We have dimensions, which means the data belongs to some company or some time period. For example, if you work for three years, your salary should be something. In this way, we prepare top-level members called dimensions. The dimension defines your position, the year, and the section you were working in the company. We get an intersection of all these dimensions for certain data, and fetching that data is very fast in Essbase compared to normal SQL. If you store this data in a normal SQL table, you need to prepare a row with your company name, employee name, employee ID, joining date, and everything, and then you need to push it into a SQL table. You can search it using your query, but here, that thing is different. Here, you can collect data using forms, reports, and we use a Microsoft tool, which is an add-in called Smart View. Using that, you would just take that data. Here, you need to just create an integration of all these dimensions, and then only you can find the data.

Quotes from Members

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

Pros

"The solution has excellent drag and drop functionality. There's no need for coding."
"The Alteryx designer has been the most useful feature in the solution."
"The philosophy of the citizen data scientist is the key piece, which means the no-code analytics capability. This is the feature that attracted us the most."
"I found Alteryx's ability to modify data on the fly, using in-memory processing, very useful."
"Automation is the most valuable aspect for us. The ability to wrap business logic around the data is very helpful."
"The most valuable feature of Alteryx is its stand-alone version that we do not have to download dependencies for loads. Additionally, the scan is useful for beginners."
"Alteryx significantly reduces the time spent searching for specific information."
"It allows for manipulation and automation, which has greatly reduced the amount of time required per project."
"Essbase is extremely stable and low-maintenance."
"Unlike relational, where you're linking together multiple tables, with Essbase, you basically define what the dimensions are beforehand, and you define the hierarchy, and then load the data. This allows you to do a pretty sophisticated analysis so that you can drill into it and slice and dice the data."
"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."
"It is highly efficient and easily scalable, particularly for handling large databases."
"It helps us fetch specific data sets per users' requirements."
"Oracle Essbase is a web integration system that integrates with other data systems."
"The solution is scalable."
"It's a very powerful analytical engine with Essbase as the back end. We can analyze, transform, or utilize a big chunk of data for our calculations."
 

Cons

"The product's pricing needs improvement."
"The data integration component could most likely be improved to increase enterprise scalability."
"When a process completes there is a notification, but the notification does not include the process's name."
"Sometimes, there are performance constraints. Especially when a large file has to be ingested, the system slows down a bit. Its performance is the only thing that can be improved."
"There are a few hiccups with specific data sets and languages or formats that the data comes in. That may be a minor problem, but we can work through it. We had some issues looking at XML format in added data, but it wasn't significant."
"The solution just lacks in terms of data visualization. That is why we use Tableau and Qlik in our organization. They help to pick up the slack. If data visualization was added, Alteryx would be a very good tool, and much more complete."
"Lacks an open source edition which would be helpful."
"It should have Linux support. It currently supports only Windows. It does not support any other platform. Its price should also be lower. Their US partner management program is actually unresponsive. One of the reasons why we don't have a formalized partnership plan with them is because their partner management team is atrociously unresponsive. This is something that they need to change."
"I would like to see an integration with application performance management and a version control management tool."
"The ability to drive external reporting out for development could be improved."
"There is room for improvement in terms of cost-effectiveness."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
"The initial setup could be simplified."
"The initial setup is pretty complex."
"Essbase has a programming language, and it has a couple of functions to do forecasting, however, their feature set for that is not that good."
"The reporting tool of Essbase needs improvement."
 

Pricing and Cost Advice

"ROI is huge. There are some secondary benefits, like analysts getting their post 5 PM time back or the ability to shorten all closing processes to a half or less."
"Its price should be lower. The key thing that we see is that talking about ROI is an important element at the time of purchase. Cost becomes a factor in every discussion. Justifying the ROI for these kinds of workflows is always a challenge, and the only way to counter the challenge is by addressing the pricing."
"It's very expensive. I'd rate it a four out of ten in terms of the price. It's great for big companies but not for small companies."
"​Very transparent.​"
"It is $4,000 a year, so it is cheap versus other solutions. It also accomplishes three times the volume on the job in the same time (as the other solutions).​"
"The solution has a more costly license than other tools in the market."
"It's probably on the pricey side, but they provide some really useful ways to grow and test."
"The designer has a list price of $5,995 USD."
"It is a costly solution."
"Essbase is competitively priced."
"The solution is expensive."
"I believe the licensing is on a monthly base."
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Top Industries

By visitors reading reviews
Financial Services Firm
24%
Manufacturing Company
10%
Computer Software Company
9%
Healthcare Company
6%
Financial Services Firm
23%
Computer Software Company
12%
Manufacturing Company
8%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
What is your experience regarding pricing and costs for Oracle Essbase?
It's not that expensive, but also not cheap. I'm not sure because it's a private license.
What needs improvement with Oracle Essbase?
If I got the opportunity to work with Hyperion, which is the best product, I would definitely go with that. The main concern is that Oracle is ending on-premises server support, so it would be bett...
What is your primary use case for Oracle Essbase?
We provide complete ownership of this application to Walmart projects. In the UK system, we support and develop for the Asda account, known as Eltham. We provide installation and support to over 50...
 

Comparisons

 

Also Known As

No data available
Essbase
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo S.A., PCCW Ltd., QDQ media S.A.U., Boiron Italia, Specialized Bicycle Components Inc., Akindo Sushiro Co. Ltd., Air Canada, Daelim Industrial Co. Ltd.
Find out what your peers are saying about Alteryx, SAP, Altair and others in Predictive Analytics. Updated: March 2025.
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