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Board vs Oracle Hyperion comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Board
Ranking in Business Performance Management
10th
Average Rating
8.4
Number of Reviews
36
Ranking in other categories
BI (Business Intelligence) Tools (23rd), Reporting (20th)
Oracle Hyperion
Ranking in Business Performance Management
2nd
Average Rating
7.8
Reviews Sentiment
5.7
Number of Reviews
54
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Board is 5.5%, down from 6.0% compared to the previous year. The mindshare of Oracle Hyperion is 12.5%, down from 12.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Wiboon Thabsuwan - PeerSpot reviewer
Jul 17, 2024
Easy to use and requires less time to learn or understand its features
I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.
Mahdi Mohaddes - PeerSpot reviewer
Apr 17, 2024
Good tool for data visualization but interface is not very intuitive
We use the forecast option, scenario modeling, and budgeting I am the one that builds the reports. So, it's the baseline for making any predictions for budgets and something like that.  We are an international organization, so it helps us to have consolidated reports and a clearer overview. It…

Quotes from Members

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

Pros

"A lot of flexibility from the data modeling standpoint. It can add specific line items into our budget, for example, or if we want to make changes to the data model itself, we have that flexibility."
"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background."
"The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."
"​Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."
"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."
"The ability to create a data model and have it in testing within a week is fantastic."
"The dynamic selections on the screen and details by function are also valuable for inside the data view."
"Now, we have only one version of the truth."
"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."
"The implementation has been simplified now that it's deployed in the cloud. Also, Hyperion is tightly integrated with Oracle products because Oracle owns it now."
"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard."
"The scalability is good."
"Oracle Hyperion is fairly user-friendly and not too complicated. The forecasting, it's really good. It's sometimes slow when there are a lot of users using it and we can have up to approximately 300 users using it. However, you can do it in Excel because there's an Excel add-in. This is a benefit because a lot of people do this way instead of having to go into the planning application itself."
"It's basically the same as the other budgeting solutions."
"The tool's most valuable feature of the solution is flexibility and integration capabilities."
"Hyperion is helpful for all our budget processes."
 

Cons

"In terms of scalability, I would say that there are some limitations in the solution. It cannot handle data that is too big."
"The setup was a bit complex."
"It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use."
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"Sometimes, the data disappears from the product."
"We can't delete entities and cubes in Boards because it interrupts our whole data model."
"It's very powerful, but there is also a big learning curve. ​It should be a little more intuitive."
"All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan."
"The solution's reporting and dashboards need improvement."
"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."
"Oracle Hyperion's scalability could be improved."
"The most important aspect for improvement is the time efficiency when handling large databases."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"This solution's stability is a little problematic."
"The analytics could be improved."
 

Pricing and Cost Advice

"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"The tool's price is a bit high compared to other solutions."
"Find a partner who will take responsibility for the implementation, and be available for support."
"Compared with MSBA, it is quite reasonable."
"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
"Oracle Hyperion is not an inexpensive solution."
"The licenses cost approximately $1,000."
"We pay for licensing yearly."
"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
"The solution is affordable."
"The licensing cost for the on-premises version of the solution is too high."
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Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
11%
Manufacturing Company
9%
Wholesaler/Distributor
7%
Manufacturing Company
12%
Computer Software Company
11%
Financial Services Firm
10%
Retailer
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...
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?
The most important aspect for improvement is the time efficiency when handling large databases. When the database consists of several million records, the software can be slow. However, the perform...
What is your primary use case for Oracle Hyperion?
We use Oracle Hyperion for ad hoc querying and connection with multidimensional databases. It is very easy to use for combining dimensions of the database such as time, geography, and product dimen...
 

Comparisons

 

Also Known As

No data available
Hyperion
 

Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
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 Board vs. Oracle Hyperion and other solutions. Updated: October 2024.
815,854 professionals have used our research since 2012.