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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 (14th), 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 (11th)
 

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 3.2% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.2% mindshare, up 1.1% since last year.
BI (Business Intelligence) Tools Mindshare Distribution
ProductMindshare (%)
MicroStrategy1.2%
Microsoft Power BI9.3%
Tableau Enterprise6.7%
Other82.8%
BI (Business Intelligence) Tools
Database Development and Management Mindshare Distribution
ProductMindshare (%)
Oracle Essbase1.2%
Redgate SQL Toolbelt Essentials4.5%
Spotlight4.0%
Other90.3%
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

"It drives us away from Excel. For what it is for, it is good. You can't run a business on Excel."
"The convenience of it, having it on the mobile so someone has it right there in their pocket most of the time, works well for reporting on daily sales activities."
"Cube performance and easy integration with third-party tools/products, are valuable features."
"I have followed MSTR's development for nearly 20 years and find the totality of the product to be the best in the business because of scalability, single metadata, SQL generator, and end user usability."
"I have never had any problems with the stability."
"Our primary use case is to deliver all data insights to our company."
"I have shown our users how to stop using Excel. They would create these vast Excel files, and I showed them how to do the same thing with MicroStrategy, which saves a significant amount of time for them everyday."
"The most valuable feature is the ability to build reports, then customize for different groups instead of having to build multiple reports. Therefore, the ability to build customization in the reports for different groups."
"It is highly efficient and easily scalable, particularly for handling large databases."
"Essbase is a multidimensional database (MOLAP) is undoubtedly leading in that space."
"The solution is quite scalable, which is the most useful aspect for us."
"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 is stable and reliable."
"I have found the most valuable aspect is the user-friendly environment and current features."
"The solution is scalable."
"It provides for faster and more assertive forecast cycles and enables businesses to improve their process since with this tool, you can do things easily and quicker as the business can create more complex models than were possible before."
 

Cons

"The drawback to a Reporting Services dashboard is, if you have users that span multiple ways they see the data – laptop, tablet, or phone – you have to create a specific dashboard for each."
"Sometimes trying to follow MSTR rules to get some formulas and data using MSTR techniques is harder (and less performant) than just prepare yet another DWH view collecting needed data and just model that new view in MSTR."
"MicroStrategy's mobile dashboard is still not a RESTful design."
"The analytic speed would probably be what I would look for in terms of improvement because we have super huge data, and if I do not build views on top of data, then reports render really slowly.​"
"I think that there are some bugs regarding the design, and some features are a little hidden from the developer."
"Sometimes you can do something in reports, but you cannot do the same thing in documents."
"We have not invested nor are we planning to invest in MicroStrategy's mobile platform.​​"
"Long way to go to explore complete suite."
"Variable attributes functionality needs to be incorporated in Planning, though it is available in Essbase I believe it is still not in Planning."
"Sometimes, the current program is slow. They may have to consider the storage and the RAM, increasing the speed and performing the queries at a faster speed."
"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."
"The initial setup is pretty complex."
"There is room for improvement in terms of cost-effectiveness."
"It's not a very scalable solution."
"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."
"It's an expensive product to use."
 

Pricing and Cost Advice

"​The solution is scalable. A little expensive perhaps, but it is scalable.​"
"There is no subscription, I am using the free version."
"​They gave us a good deal.​"
"We are waiting to switch to Microsoft Power BI because MicroStrategy is too costly."
"They offer yearly as well as perpetual licenses."
"I am unsure what the licensing costs are for this solution however, development costs are around $100,000 per year."
"The pricing is fair."
"They made a change in the licensing module some time ago and we can now use all the enterprise tools for free."
"The solution is expensive."
"Essbase is competitively priced."
"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
12%
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 don't have any issues with MicroStrategy and would not suggest how it can be improved. I would not change anything because it's a great tool to build reports. I would appreciate improvements in M...
What is your primary use case for MicroStrategy?
I use MicroStrategy to build reports for my client, and in IQVIA, we work with pharmaceutical data and I build some reports in MicroStrategy. I built some cards for my client using MicroStrategy. T...
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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