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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 BI8.0%
Tableau Enterprise6.0%
Other84.8%
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

"The aesthetic capabilities of the dashboarding functionality are probably the most impressive."
"It offers us a lot of out-of-the-box tools, which give us the ability to automate a lot of our administrative tasks. Some things become menial: user creation, restarting a server at 10 o'clock on a Friday - simple things that they really give you the tools to be able to do. That's one thing I really like about the MicroStrategy platform from an administrative perspective."
"In the past, when we had so many legacy systems, with Cognos and others, it was took multiple steps to get what we wanted. Now, it's a seamless integration. We can connect directly, in the form of In-Memory Cubes or live-publish cubes, to the data warehouse, and blend in the data with big data. Not only relational databases, but we can also integrate other third-party files, and create a single-source software."
"In all of the projects for various clients I have worked for, MicroStrategy has improved their functions, as it automates publishing for reports, addresses security, replaces multiple legacy systems with one central system, reduces the maintenance, provides better analytical power to users by letting them slice, dice and drill into the data."
"MicroStrategy is now the de facto tool within the organization, it's the go-to BI tool in the organization."
"It has certainly given people the ability to ask more questions and get more answers."
"MicroStrategy Desktop is one of the popular analytic tools that can be migrated to a server for publishing for other users."
"Rapid development: Once you have data, it is pretty fast to develop dashboards that are available in both web and mobile environments."
"Essbase is extremely stable and low-maintenance."
"The solution can handle a large volume of data."
"Essbase is a multidimensional database (MOLAP) is undoubtedly leading in that space."
"It is very fast compared to other normal databases, like SQL and MySQL."
"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."
"I have found the most valuable aspect is the user-friendly environment and current features."
"The solution is scalable."
"Oracle's capability to define custom hierarchies and dimensions has helped my organization in performing nuanced data exploration and advanced modeling because we use Oracle Essbase for dimension definition and also to define the properties of these members, such as dynamic members, stored members, shared members."
 

Cons

"Scalability issues have been the most significant which we have faced."
"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."
"Native VI on mobile apps and better android support are lacking."
"To be honest, I regret using MSTR; I think I should have gone with Tablo instead."
"The customisation was difficult."
"When we come to them with a problem, they might know more of a generalized solution, but not one targeted to our industry."
"The online community page of the product is an area of concern where improvements are required."
"I think that there are some bugs regarding the design, and some features are a little hidden from the developer."
"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 solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"There is room for improvement in terms of cost-effectiveness."
"The ability to drive external reporting out for development could be improved."
"I would like to see an integration with application performance management and a version control management tool."
"The initial setup could be simplified."
"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 reporting tool of Essbase needs improvement."
 

Pricing and Cost Advice

"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."
"There is no subscription, I am using the free version."
"Additional costs are associated with maintenance."
"I am unsure what the licensing costs are for this solution however, development costs are around $100,000 per year."
"They can improve its licensing. It is a bit expensive as compared to Microsoft and other tools."
"The licensing is a bit high per user."
"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."
"Pricing, in general, is high. With Power BI, you get mobile with the license, whereas with MicroStrategy, you have to purchase mobile for extra."
"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
19%
Manufacturing Company
7%
Insurance Company
7%
Construction Company
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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