IBM Planning Analytics vs Oracle Hyperion comparison

"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."

"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."

"All the different platforms are well integrated."

"The tool is flexible."

"It's a very stable, robust product."

"Planning Analytics' best features include automatic updates and slicing."

"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"

"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."

"Oracle Hyperion is an advanced analytical calculation engine that can handle aggregation."

"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."

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

"The stability is fine and quite user friendly."

"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."

"We like the reporting and tracking of financials."

"This product is very scalable and provides high ROI."

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

"The dashboard is very poor and needs a lot of improvement."

"It would have been better if the solution was not just a tool kit."

"Adding predefined templates could be beneficial."

"The tool's transport layer could be improved when promoting development between environments."

"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."

"It's wonky, and not super user-friendly with Excel."

"The workspace API should be improved and documented so we know better which objects are used."

"The tool should include features for prediction. It can also improve the scalability."

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

"The most important aspect for improvement is the time efficiency when handling large databases."

"The Oracle technical support in our area is terrible."

"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."

"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 reporting feature in Oracle Hyperion isn't the best. It needs improvement."

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

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

"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."

"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."

"The license of this solution is paid annually. Most of my customers choose a license that includes support."

"I would rate the tool's pricing a nine out of ten since it's expensive."

"It is a bit expensive, but you get what you are paying for."

"Our licensing cost is approximately $50,000.00 per year."

"IBM Planning Analytics is priced well, and licensing costs are yearly."

"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."

"Compared with MSBA, it is quite reasonable."

"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."

"The licenses cost approximately $1,000."

"The solution is affordable."

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

"We pay for licensing yearly."