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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 (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 1.3% mindshare, up 1.0% since last year.
BI (Business Intelligence) Tools Mindshare Distribution
ProductMindshare (%)
MicroStrategy1.2%
Microsoft Power BI8.1%
Tableau Enterprise6.0%
Other84.7%
BI (Business Intelligence) Tools
Database Development and Management Mindshare Distribution
ProductMindshare (%)
Oracle Essbase1.3%
Redgate SQL Toolbelt Essentials4.2%
Spotlight3.7%
Other90.8%
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

"Enterprise is very stable; I've been with MicroStrategy for more than 12 years and the performance and the stability have been increasing, making it the best solution for an enterprise BI platform."
"It is a reliable solution for our needs."
"The drill-down functionality is also very good."
"The convenience of it. Having it on the mobile, so someone has it right there in their pocket most of the time."
"It is a great tool and has the best offerings for doing data analysis."
"The subscription model is excellent. About half of our reporting comes out of the subscription, and from there, the ease of use in dragging and dropping reporting objects."
"We use MicroStrategy to create dashboards and reports for our top management."
"Building apps is easy. You just drag in your data, and then you drag in all the elements that you want on your app. It's drag and drop design, and then you can customize your visuals. They make it all easy with plug and play widgets."
"Essbase is a multidimensional database (MOLAP) is undoubtedly leading in that space."
"It is highly efficient and easily scalable, particularly for handling large databases."
"With Oracle Essbase, everything is centralized in a comprehensive financial statement analysis, allowing for complete management of budget, actuals analysis, and forecast."
"The solution can handle a large volume of data."
"The solution is quite scalable, which is the most useful aspect for us."
"It is my opinion, it is more comfortable in Oracle rather than a SQL server."
"I have found the most valuable aspect is the user-friendly environment and current features."
"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."
 

Cons

"We have encountered stability issues with regards to Metadata db being crashed and need to reload the Project and configure it to various Project repositories"
"Pricing, in general, is high. With Power BI, you get mobile with the license, whereas with MicroStrategy, you have to purchase mobile for extra."
"It is performing well, but sometimes we have complex requirements and the performance decreases, and then we have to find another way to make it perform again. That is what you encounter when use the project, but that's inevitable because if we would have used another product, we would've had the same thing."
"But beyond that, with MicroStrategy you're still limited to a single server, and to really crunch through a lot of data you need to parallel, across servers."
"There is room for improvement in data visualization."
"Data preparation-wise, it was not so straightforward with respect to getting different sources. Preparing or transforming the data inside and then bringing it onto the dashboard was a bit difficult, and the experience could have been better."
"Something I would be interested in is more visualizations, because right now we use SDK to create some."
"Its price should be lower. In terms of features, what we have is quite encompassing right now."
"The ability to drive external reporting out for development could be improved."
"The initial setup could be simplified."
"The technical support for EPM is bad. I don't remember anytime that the service support helped me in something."
"The initial setup is pretty complex."
"There is room for improvement in terms of cost-effectiveness."
"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."
"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."
"The solution could be cheaper. It is costly, and the initial setup could be simplified."
 

Pricing and Cost Advice

"They can improve its licensing. It is a bit expensive as compared to Microsoft and other tools."
"​The solution is scalable. A little expensive perhaps, but it is scalable.​"
"The pricing list itself is not publicly accessible, so it's a bit opaque."
"​They gave us a good deal.​"
"The pricing is fair."
"It would be nice if there was a sticker price that says, "This software costs this amount of money." But I think that's just indicative of all software vendors. A lot of people are in it to make money, commissions, so it's just the nature of the business. But I would like to see more transparency, more equality, on pricing. Some people get better deals than others, I think."
"The pricing for MicroStrategy is always on the higher side. They should seriously start thinking about their pricing and licensing strategy."
"The licensing is a bit high per user."
"I believe the licensing is on a monthly base."
"Essbase is competitively priced."
"It is a costly solution."
"The solution is expensive."
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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
15%
Marketing Services Firm
9%
Retailer
6%
Healthcare Company
5%
Financial Services Firm
21%
Insurance Company
6%
Manufacturing Company
6%
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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