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Jedox vs Oracle Essbase comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Jedox
Average Rating
8.0
Number of Reviews
13
Ranking in other categories
Business Performance Management (5th)
Oracle Essbase
Average Rating
8.4
Number of Reviews
14
Ranking in other categories
Database Development and Management (10th)
 

Mindshare comparison

Jedox and Oracle Essbase aren’t in the same category and serve different purposes. Jedox is designed for Business Performance Management and holds a mindshare of 4.7%, up 4.5% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.2% mindshare, up 0.7% since last year.
Business Performance Management
Database Development and Management
 

Featured Reviews

Riyaz Halani - PeerSpot reviewer
Jun 19, 2023
Powerful BI tool for analyzing financial performance and stable performance
We mainly used Jedox at my company as our BI tool. It is connected to SAP in the backend. At the end of each month, we used Jedox to analyze our financial performance, particularly the income statement (P and L).  Jedox has its own web version, so we can access it using Google Chrome. The great…
Prithwish Kumar Ghosh - PeerSpot reviewer
May 9, 2024
Handles a huge amount of data at a time and offers good processing speed
You will definitely get bugs, for sure, with every version that comes. Oracle is active in creating fixes, and they release patches. If you are using Oracle Cloud and the infrastructure is owned by Oracle, you don't need to worry. They will push the bug fixes themselves. When we use PBCS or EPBCS applications on the cloud, they handle those things. It might be a downtime during the weekends for 30 minutes, but it's a very stable area. You don't actually use Essbase when you use PBCS or EPBCS. It is in the backend, and things are happening there as well, for sure, but you won't get to see the console. You'll just see the front end, the planning part.

Quotes from Members

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

Pros

"The ETL itself was pretty useful and it's integrated in the tenant itself. So the Olap service technology was impressive to me. In order to extract that and load it in the tube in the same tenant or the same tool that was something magnificent because I actually missed this in SEB. SEB requires another tool, and you have to integrate all the tools together. But for Jedox, it was in the one tool."
"The customer porting is the most valuable feature."
"We use the tool for performance management and planning."
"The ease of reporting is one of Jedox's most valuable features."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"The EPM is the most valuable feature."
"The data entry point is most valuable. The way we can customize our report or do data entry is very good."
"The solution is very versatile."
"The solution is stable and reliable."
"It is very fast compared to other normal databases, like SQL and MySQL."
"It helps us fetch specific data sets per users' requirements."
"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."
"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."
"The solution can handle a large volume of data."
"It is highly efficient and easily scalable, particularly for handling large databases."
"Oracle Essbase is a web integration system that integrates with other data systems."
 

Cons

"Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"There is not much training for Jedox."
"Online pixel-perfect reporting is an aspect that has room for improvement."
"Jedox should improve the design and server issues."
"From a development perspective, there's room for improvement in the area called the designer, where you actually build your reports to make it easier to manage the process."
"More emphasis is needed on the availability of the learning aspect of the solution. Because unless you take up their course that enables you to be an expert in creating the report, you must seek help."
"The initial setup could be simplified."
"The reporting tool of Essbase needs improvement."
"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 solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"It's an expensive product to use."
"The initial setup is pretty complex."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
"The ability to drive external reporting out for development could be improved."
 

Pricing and Cost Advice

"The solution's pricing is specific to your requirements."
"The product’s pricing will not be suitable for setting up a small solution."
"Jedox was a bit cheaper compared to Calumo."
"If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
"Excellent value for money."
"It is a costly solution."
"The solution is expensive."
"I believe the licensing is on a monthly base."
"Essbase is competitively priced."
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Top Industries

By visitors reading reviews
Computer Software Company
20%
Retailer
12%
Financial Services Firm
9%
Manufacturing Company
8%
Financial Services Firm
24%
Computer Software Company
11%
Manufacturing Company
10%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about Jedox?
The ease of reporting is one of Jedox's most valuable features.
What is your experience regarding pricing and costs for Jedox?
The solution's pricing is specific to your requirements.
What needs improvement with Jedox?
There is not much training for Jedox. There was no training available in the beginning at all. I had to reach out to them so they would give us something. I think they're getting better, though. Th...
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

Jedox EPM
Essbase
 

Learn More

 

Overview

 

Sample Customers

BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
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 Anaplan, Oracle, IBM and others in Business Performance Management. Updated: October 2024.
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