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MicroStrategy 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

MicroStrategy
Average Rating
8.2
Reviews Sentiment
6.1
Number of Reviews
163
Ranking in other categories
BI (Business Intelligence) Tools (13th), Embedded BI (4th)
Oracle Essbase
Average Rating
8.2
Reviews Sentiment
4.6
Number of Reviews
18
Ranking in other categories
Database Development and Management (12th)
 

Mindshare comparison

MicroStrategy and Oracle Essbase aren’t in the same category and serve different purposes. MicroStrategy is designed for BI (Business Intelligence) Tools and holds a mindshare of 1.2%, down 3.0% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.3% mindshare, up 1.0% since last year.
BI (Business Intelligence) Tools Mindshare Distribution
ProductMindshare (%)
MicroStrategy1.2%
Microsoft Power BI8.1%
Tableau Enterprise6.2%
Other84.5%
BI (Business Intelligence) Tools
Database Development and Management Mindshare Distribution
ProductMindshare (%)
Oracle Essbase1.3%
Redgate SQL Toolbelt Essentials4.2%
Oracle Enterprise Manager4.0%
Other90.5%
Database Development and Management
 

Featured Reviews

Harjinder-Singh - PeerSpot reviewer
Data Engineer at a insurance company with 10,001+ employees
Reporting on insurance finances has become robust and supports detailed geo-spatial analysis
I am quite satisfied with the reporting part of the product. However, compared to other tools, the modeling part is not as strong. Data modeling is not as easy on MicroStrategy as it is on other platforms. I have worked with the administration tool and the Architect tool for MicroStrategy, but creating a star schema is not as easy compared to other tools. Creating hierarchies and the modeling part is challenging because data modeling is one of the most important aspects of any BI project. If you can create a star schema or Snowflake schema easily, then report building becomes straightforward. Additionally, MicroStrategy's Workstation tool compared to Developer still lacks some functionality that can be done more easily on the Developer side. Workstation is a great tool, but they have not given it full functionality.
Bhavya N - PeerSpot reviewer
Senior System Engineer at Infosys
Ensuring efficient data analysis and reporting while identifying areas for calculation and export improvements
The features of Oracle Essbase are valuable, such as its multi-dimensional database used for dynamic calculations and reporting purposes. These features are valuable because they support multi-dimensional data views, allowing users to analyze relationships across various data categories and establish a comprehensive perspective on business operations. Moreover, dynamic calculations allow real-time data analysis, significantly improving the accuracy and depth of financial insights. I have utilized Essbase's data aggregation capabilities. The Oracle Essbase interface provides a good user experience, allowing users to easily navigate and analyze data with fast query performance, effective data visualization tools such as charts, graphs, and tables, and flexibility for customizable analysis and reporting, including the ability to create ad hoc reports. The benefits of the interface include improving productivity and enhancing decision-making.

Quotes from Members

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

Pros

"I haven't come across any bugs."
"We are looking forward to distributing personalized alerts to our users using the native mobile push notification systems."
"It scales well. It used to have only a max of four I-servers, but I think recently, somewhere in version 10, they doubled that, so you can have eight I-servers now."
"All the business units rely on the information provided by MicroStrategy for their decisions on daily basis, which increases data accuracy and saves time to build reports."
"It drives us away from Excel. For what it is for, it is good. You can't run a business on Excel."
"It's user-friendly, also the MTDI cube is a very good approach, as it helps you to use the pre-format instead of using the standard objects from the schema of MicroStrategy."
"The platform can be easily monitored. You have quite a good overview of tasks which are being run."
"We value the ability to build dashboards and reports in a relatively simple way, teach end users how to do their own reports and dashboards making the process cheaper and faster, and import data from a grand variety of sources and combine them into a single report or dashboard, skipping the expensive ETL process or validating it before a robust construction."
"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."
"I have found the most valuable aspect is the user-friendly environment and current features."
"Its multidimensional analysis is great; 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, allowing you to do sophisticated analysis so that you can drill into it and slice and dice the data."
"With Oracle Essbase, everything is centralized in a comprehensive financial statement analysis, allowing for complete management of budget, actuals analysis, and forecast."
"The solution is scalable."
"It is my opinion, it is more comfortable in Oracle rather than a SQL server."
"The solution is stable and reliable."
"The solution can handle a large volume of data."
 

Cons

"MicroStrategy could improve its scalability. When comparing the scalability options to other solutions they are not very good."
"When we come to them with a problem, they might know more of a generalized solution, but not one targeted to our industry."
"It needs better visualizations."
"In the developer, there are things that you able to do in a document or a report that you are not able to do in the Dossier."
"We've found the scalability to be very good. However, it depends on the environment. In general, it could be much better."
"Doing business with MicroStrategy is relatively challenging because of the processes that are involved."
"Visualisation will improved in the next version."
"Something I would be interested in is more visualizations, because right now we use SDK to create some. If there were more out-of-the-box options, we would be happy with that."
"A significant area for improvement in Oracle Essbase is that financial statement analysis, CAPEX and OPEX analysis, and financial consolidation must be done manually, as Oracle Essbase doesn't include the financial consolidation module that is available in EPM."
"They should improve the solution's performance."
"I would like to see an integration with application performance management and a version control management tool."
"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"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 be cheaper. It is costly, and the initial setup could be simplified."
"Variable attributes functionality needs to be incorporated in Planning, though it is available in Essbase I believe it is still not in Planning."
"The licensing costs are too high."
 

Pricing and Cost Advice

"The pricing list itself is not publicly accessible, so it's a bit opaque."
"The licensing is a bit high per user."
"All BI software vendors' list prices are high. It's about a price that fits the customer's needs. And I think MicroStrategy has some flexibility in its pricing model where we can easily demonstrate a total cost of ownership comparison against any of the other players."
"It is expensive. We would like to extend it to many users, but we are currently restricting that because the cost is a constraint. If we are given a chance, we would love to expand it."
"I am unsure what the licensing costs are for this solution however, development costs are around $100,000 per year."
"They offer yearly as well as perpetual licenses."
"​The solution is scalable. A little expensive perhaps, but it is scalable.​"
"While initial cost of MicroStrategy is still on the higher side, the long-term benefits brings down overall cost of ownership significantly as compared to other tools like Tableau/Cognos."
"Essbase is competitively priced."
"The solution is expensive."
"I believe the licensing is on a monthly base."
"It is a costly solution."
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Comparison Review

it_user6330 - PeerSpot reviewer
Product Manager at a retailer with 10,001+ employees
May 2, 2013
MicroStrategy vs. Tableau
After a recent presentation, several attendees asked me about the applications of Visual Insights and Tableau. Many companies are investing in both tools and are trying to figure out the right tool for specific applications Tableau has found its sweet-spot as an agile discovery tool that analysts…
 

Top Industries

By visitors reading reviews
Financial Services Firm
16%
Marketing Services Firm
9%
Retailer
7%
Healthcare Company
6%
Financial Services Firm
20%
Manufacturing Company
7%
Insurance Company
7%
University
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business37
Midsize Enterprise26
Large Enterprise101
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise1
Large Enterprise14
 

Questions from the Community

What is your experience regarding pricing and costs for MicroStrategy?
My company has many licenses for MicroStrategy because we can build reports in this tool. I don't know what the cost is for these licenses.
What needs improvement with MicroStrategy?
I am quite satisfied with the reporting part of the product. However, compared to other tools, the modeling part is not as strong. Data modeling is not as easy on MicroStrategy as it is on other pl...
What is your primary use case for MicroStrategy?
Harjinder, I recall approximately two years back we had a conversation with you about ForgeRock and Auth0, and I think we had discussed MicroStrategy as well. Currently, we are using it for financi...
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?
A significant area for improvement in Oracle Essbase is that financial statement analysis, CAPEX and OPEX analysis, and financial consolidation must be done manually, as Oracle Essbase doesn't incl...
What is your primary use case for Oracle Essbase?
The initial setup of Oracle Essbase is dependent on whether you select BSO or ASO cubes. First, you need to set up the type of information and once the type of cubes is defined, you need to define ...
 

Also Known As

No data available
Essbase
 

Overview

 

Sample Customers

Allstate Insurance, Barneys New York, Boston Children's Hospital, Buenos Aires Department of the Treasury, Campbell Soup Company, DHL, eBay, eHarmony, Facebook, Four Seasons Hotels Inc., Godiva, Hard Rock International, LinkedIn, Netflix, Pfizer, SECO (Swiss Government Unemployment Agency), Starbucks, Texas A&M University, Thomson Reuters Markets, US House of Representatives, and the US Postal Service.
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.
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