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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
6.5
Number of Reviews
162
Ranking in other categories
BI (Business Intelligence) Tools (11th), Embedded BI (3rd)
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 1.3%, down 3.4% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.2% mindshare, up 1.2% since last year.
BI (Business Intelligence) Tools Market Share Distribution
ProductMarket Share (%)
MicroStrategy1.3%
Microsoft Power BI8.9%
Tableau Enterprise6.2%
Other83.6%
BI (Business Intelligence) Tools
Database Development and Management Market Share Distribution
ProductMarket Share (%)
Oracle Essbase1.2%
Redgate SQL Toolbelt Essentials4.5%
Spotlight4.0%
Other90.3%
Database Development and Management
 

Featured Reviews

AS
Lead Software Engineer at Momentus
Provides strong data visualization and security while easing deployment across multiple sectors
The most effective features of MicroStrategy for data analysis in my experience are the security, the metadata management, and the administration, along with the options of different workarounds available to accommodate different types of requirements. MicroStrategy's data visualization capabilities are great, and I would rate them nine out of 10.
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's useful if you need to create dashboards that you check every day. Also, we can create a queue, but it will be updated every day with scheduled updates."
"​Mobile brings reports/dashboards closer to the business user."
"The dashboard features and functionalities that come through the MicroStrategy Suite are the most valuable. It can be used by end users with minimum knowledge of the product. They can run a report or create a dashboard on their phones, which is kind of cool."
"It is very stable."
"We are using mobile analytics, and it is amazing."
"The power of this tool represents the best features MicroStrategy offers in my experience, and I find building reports enjoyable because the internal code of MicroStrategy is very easy to understand and build."
"Technical support has sent us to rapid response before, when we really needed them."
"The convenience of it. Having it on the mobile, so someone has it right there in their pocket most of the time."
"It is highly efficient and easily scalable, particularly for handling large databases."
"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."
"Oracle Essbase is a web integration system that integrates with other data systems."
"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."
"The solution is stable and reliable."
"It is very fast compared to other normal databases, like SQL and MySQL."
"With Oracle Essbase, everything is centralized in a comprehensive financial statement analysis, allowing for complete management of budget, actuals analysis, and forecast."
"I have found the most valuable aspect is the user-friendly environment and current features."
 

Cons

"We had some problems with customer service and support."
"If you compare it with Power BI with the DAX language, it would be great to put that into MicroStrategy."
"I would try to make it a little more basic, user-friendly. In terms of the UX, it's a bit sluggish there."
"​The product is designed for enterprise. A lightweight version would be easier for a smaller workgroup.​"
"I did not see any additional value of providing one button for installation on the whole platform if it was going to be installed for different servers. You would have to make customization every time. There was no additional value in an installer."
"MicroStrategy could learn from Power BI's user-friendly interface."
"The solution's licensing could be improved because its cost is heavy on the pockets."
"We have the mobile server. We have not used it. That is because the people on our team have not been trained on it yet, but that is something that we want to do."
"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 reporting tool of Essbase needs improvement."
"The initial setup is pretty complex."
"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"The initial setup could be simplified."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
"The main concern is that Oracle is ending on-premises server support, so it would be better if there was a cloud platform available for Oracle Essbase."
"It's an expensive product to use."
 

Pricing and Cost Advice

"The pricing for MicroStrategy is always on the higher side. They should seriously start thinking about their pricing and licensing strategy."
"Now, the price is high."
"For larger businesses, the pricing is logical."
"The price of MicroStrategy is reasonable."
"We have a license with packages, and there are additional costs for extra components."
"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."
"They offer yearly as well as perpetual licenses."
"They need to work on their license structure. They are not competitive against somebody like SAP BusinessObjects. We had a quote that was almost a third the price, coming from SAP BusinessObjects, and it's not a better platform. It's not cheaper. They do concurrent user licensing, while MicroStrategy does named user licensing, and that was literally the only difference. But it made a $500,000 difference. They've got to do something to make themselves more competitive. Maybe it's assessing your business users and what you really expect them to use, and maybe giving a reduced price on that. But they are already giving us a 60% discount and they were still a million or so above, over a three-year time period. That doesn't account for synergies as we get from on-site resources that are already available, but I thought that that was a big, big deficit for them."
"It is a costly solution."
"The solution is expensive."
"Essbase is competitively priced."
"I believe the licensing is on a monthly base."
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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
13%
Marketing Services Firm
10%
Retailer
7%
Manufacturing Company
6%
Financial Services Firm
21%
Insurance Company
7%
Computer Software Company
7%
Manufacturing Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business37
Midsize Enterprise26
Large Enterprise100
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise1
Large Enterprise14
 

Questions from the Community

What do you like most about MicroStrategy?
The stability of the product is good.
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 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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