Domo vs Oracle Hyperion comparison

"The best thing is that the data storage is pretty much free. I can store as much data as I want, from different sources."

"What makes me really fond of Domo is the ETL because it enables us to maximize a single platform for pulling reports and automating things. We can send the raw data from a third-party platform and do the rest of the ETL in Domo, including transforming data, adding columns, etc."

"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."

"The pipeline features and data ingestions in Domo are quite good."

"This solution allows us to change our performance metrics and tracks our goals in real-time."

"Domo is not a difficult tool to learn. All you need to know is the SQL for the ETL part. You don't need to write much code. That's the great part. It uses legacy languages, like SQL, which is very common among developers who then don't have to go and learn Domo's own syntax. Therefore, you don't have to learn another hard language to use Domo."

"It has the best GUI. And it already has an ETL tool embedded in it..."

"The dashboard is the most valuable feature and allows for customization to create and share reports."

"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."

"We like the reporting and tracking of financials."

"This is a customizable product. Our implementation was designed to fit our needs."

"Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting."

"The latest cloud version is more efficient for financial implementations."

"It's a very good program and it's useful for consolidation."

"Oracle Hyperion has helped make things work faster in our company."

"It's very easy to use and the functionality is quite complete."

"They could use more charts. They have had a very limited number of charts we can use. I believe, now, there are somewhere around 30 of them, but they could definitely use some more options."

"There's a learning curve before you can get used to the solution."

"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."

"I would also like to see improvements to their drag and drop Magic ETL tool. You can drag and drop your ETL tool, but it doesn't really work for a large amount of data. It struggles with that. In a real-world application, where you're working with 30 million rows or 100 million rows, it takes a bit longer to process the data. If you do it in the Redshift ETL tool, using your own code, it's much faster."

"The preconfigured apps need to be more relevant to allow one, out of the box, to load data in order to use pre-set reports/views."

"I would like to see better data intake."

"It's too early for me to say that something needs improvement, but there are times when there have been some flexibility issues with Domo... Tableau has a window function which can be integrated into a calculated field. That is missing in Domo so you have to make changes to the data set using ETL or SQL."

"Domo or any other BI tool has room for improvement, in particular, in the calculations. User-guided material isn't available for calculations. The tool, though user-friendly, could also be more customizable, especially when you're building a dashboard. Data integration could also be improved in Domo because even if the tool connects to multiple data sources, some hiccups still arise and need to be addressed."

"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."

"They could support machine learning algorithms for the product."

"The interface could be better. It could be more user-friendly, it is not very intuitive."

"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."

"The level of complexity of the implementation is always a challenge."

"The forecasting of values could be simplified in this solution."

"The user interface is in need of improvement. The forms should be more user-friendly."

"The analytical side of the product could be better and needs to be improved."

"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."

"We are making money from Domo, and all our clients are happy with the information that they receive from it."

"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."

"No matter if you're a developer or an end-user, the licensing cost is around $12 per user per month."

"For about 100 users our cost is $95,800."

"Domo is slightly costly but it's much cheaper than some."

"The solution is expensive compared to one of its competitors."

"The licenses cost approximately $1,000."

"We pay for licensing yearly."

"Oracle Hyperion is not an inexpensive solution."

"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."

"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."

"The licensing cost for the on-premises version of the solution is too high."

"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."