MicroStrategy vs Workday Prism Analytics comparison

MicroStrategy and Workday are both solutions in the BI (Business Intelligence) Tools category. MicroStrategy is ranked #8 with an average rating of 7.6, while Workday is ranked #14 with an average rating of 8.6. MicroStrategy holds a 3.5% mindshare in BIT, compared to Workday’s 1.6% mindshare. Additionally, 92% of MicroStrategy users are willing to recommend the solution, compared to 100% of Workday users who would recommend it.

MicroStrategy

Read 159 MicroStrategy reviews

4,992 Views
3,248 Comparison Views

92% willing to recommend

Workday Prism Analytics

Read 5 Workday Prism Analytics reviews

1,232 Views
1,169 Comparison Views

100% willing to recommend

MicroStrategy

Workday Prism Analytics

Comparison Buyer's Guide

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Executive SummaryUpdated on Jan 1, 2025

MicroStrategy and Workday Prism Analytics compete in the business intelligence and data analytics categories. Workday Prism Analytics demonstrates an upper hand in data integration and management due to its efficient integration with diverse data sources. However, MicroStrategy stands out for powerful analytics and reporting capabilities, ideal for analytics-centric enterprises.

Features: MicroStrategy includes capabilities such as data visualization, enterprise analytics, and mobile intelligence. Workday Prism Analytics offers seamless integration with Workday Human Capital Management and provides robust financial and HR analytics. While MicroStrategy supports multi-dimensional analytics, Workday Prism Analytics focuses on comprehensive data integration.

Room for Improvement: MicroStrategy needs to enhance its data integration processes and simplify its complex deployment. It could also benefit from reducing licensing complexity. Workday Prism Analytics should address its higher pricing, expand standalone analytics options beyond Workday integrations, and improve visualization capabilities to enhance user experience.

Ease of Deployment and Customer Service: Workday Prism Analytics is known for quick setup with a cloud-based model, offering superior customer support. In contrast, MicroStrategy provides both on-premises and cloud solutions, delivering flexibility but introducing complexity in deployment. The simplicity of Workday ensures fewer initial challenges, while MicroStrategy's versatility attracts organizations with specific infrastructure requirements.

Pricing and ROI: MicroStrategy necessitates a notable initial investment but delivers significant ROI with customization and analytics excellence. Conversely, Workday Prism Analytics, despite its hefty price, offers high value through seamless integration with Workday suites, ultimately justifying the cost over time. MicroStrategy presents a balance of affordability with high ROI for analytics-focused businesses, while Workday's pricing aligns with its extensive integration strengths.

To learn more, read our detailed MicroStrategy vs. Workday Prism Analytics Report (Updated: January 2025).

Buyer's Guide

MicroStrategy vs. Workday Prism Analytics

January 2025

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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

Ranking in BI (Business Intelligence) Tools

8th

Average Rating

8.2

Reviews Sentiment

6.7

Number of Reviews

159

Ranking in other categories

Embedded BI (3rd)

Workday Prism Analytics

Ranking in BI (Business Intelligence) Tools

14th

Average Rating

8.6

Reviews Sentiment

7.6

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of January 2025, in the BI (Business Intelligence) Tools category, the mindshare of MicroStrategy is 3.5%, down from 3.5% compared to the previous year. The mindshare of Workday Prism Analytics is 1.6%, up from 1.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.

BI (Business Intelligence) Tools

Featured Reviews

Harjinder-Singh

Data engineer at a insurance company with 10,001+ employees

Offers a simplified attribute and maze-creation process but lacks a thriving community

The solution provider should take some initiatives to grow the MicroStrategy community because, presently, it's quite small, and I wasn't able to find a solution to my problem by searching in the community. MicroStrategy can offer user-friendly training through platforms such as YouTube. Recently, at our company, the features we were able to utilize in the developer tool were not there in the workstation; such issues can be resolved through training videos or learning content distribution from MicroStrategy. The solution provider is presently promoting the workstation on the cloud instead of the developer tool, so there should be relevant resources for learning about the product. MicroStrategy is also working on integrating AI technology into its product. The object migration process from one environment to another using the solution is somewhat complex. It involves package creation, dependency, and transportation. But the migration process is rather simpler in OBIEE, where reports need to be archived in one system and unarchived in another, for example, from Dev to SID.

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Sarvesh Kumar Jha

Senior Technology Consultant at PricewaterhouseCoopers

Provides great flexibility in terms of data transformation

I really like the flexibility the solution provides in terms of data transformation. Workday introduced Prism Analytics mainly because many clients wanted to merge data from different systems and then work with it to get some insights out of it. For that, they previously used tools like Power BI. Workday Prism Analytics gives you the power to do all the data transformations within Workday itself without taking out crucial data to a third system. I really like the way Workday has enabled Prism Analytics to be that one solution where you can bring everything. It also provides you the flexibility that things like the security model of Workday are still in place. You don't have to redo your security configuration if you do the data transformation outside Workday.

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Quotes from Members

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

Pros

"We prefer having the analytic capabilities in a single platform, like MicroStrategy provides, because it is easier. The customer gets used to one type of tool, then sticks with it."

"We have been using it mostly for grid reports and its exporting features."

"Transaction Services, that was really the part of the tool that made it very compelling for us, because it gave the opportunity to drive action."

"Dependency on development teams, as well as managing the platform, has reduced a lot with Visual Insight."

"Visual Insight gives you the capability of doing self-service analytics. This has been the most powerful and valuable feature."

"In terms of functionality, MicroStrategy is alright. It's a solid BI tool and can handle most tasks you'd expect."

"It is definitely customizable. We have been able to put in key metrics and performance indicators, thus it is customizable."

"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."

More MicroStrategy pros

"Feature-wise, I feel that the solution's stability is good."

"The solution is stable and reliable, with minimal issues affecting its performance."

"The customer service and support are pretty good."

"The product is easier to use compared to other applications."

"I really like the flexibility the solution provides in terms of data transformation."

Cons

"The interface you can design in MicroStrategy is great, but I feel it needs to be refreshed, add a bit more functionality. I would like to see more capabilities on the mobile side, to bring it on par with apps that you see in the App Store."

"They should provide more tutorials and include some project files."

"MicroStrategy is dragging behind other tools on the self-service visualizations, like Tableau. I would rate Tableau as a 10. For the same visualizations, I would say MicroStrategy is an eight, maybe nine. They're still behind on the self-service visualizations,"

"Training would be an area that they could improve upon."

"From a stability standpoint, from MicroStrategy, I would say it's fairly consistent. I would give it a "B" because there are times where we have issues that are just inexplicable. They go away and then we have no resolution. To me, that's not acceptable. There are just times where our users can't access things and we're not sure why, and that's a problem to me."

"We've found the scalability to be very good. However, it depends on the environment. In general, it could be much better."

"MicroStrategy's mobile dashboard is still not a RESTful design."

"The solution's reports are not very flexible."

More MicroStrategy cons

"The visualization techniques must be upgraded."

"When you create certain objects, a lot of the time, the fields are text. They’re not numeric, date, or any other field type"

"It is not a very scalable product."

"One area for improvement in the solution is the ability to manually update individual rows or columns of data once it has been uploaded."

"There is not much flexibility in how we can add external data within Workday Prisma Analytics."

Pricing and Cost Advice

"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 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."

"The pricing is fair."

"They offer yearly as well as perpetual licenses."

"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."

"For larger businesses, the pricing is logical."

"The solution’s licensing cost is expensive."

More MicroStrategy pricing and cost advice

"Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool."

"I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules."

"The solution is very expensive."

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Comparison Review

it_user6330

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…

Read full review

Top Industries

By visitors reading reviews

Financial Services Firm

18%

Computer Software Company

10%

Retailer

Insurance Company

Financial Services Firm

10%

Computer Software Company

10%

Insurance Company

Government

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about MicroStrategy?

The stability of the product is good.

See all answers

What is your experience regarding pricing and costs for MicroStrategy?

For larger businesses, I think the pricing is logical, but for smaller companies, it can be a bit costly.

See all answers

What needs improvement with MicroStrategy?

There is a need to improve the automatic generation of metrics in MicroStrategy, as currently everything must be done manually. Additionally, the hierarchy creation process in MicroStrategy could b...

See all answers

What do you like most about Workday Prism Analytics?

Feature-wise, I feel that the solution's stability is good.

See all answers

What is your experience regarding pricing and costs for Workday Prism Analytics?

Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool. In fact, that has been one of the hindrance factors for Workday in making Prism Analytics more sellable.

See all answers

What needs improvement with Workday Prism Analytics?

I think there are still some gaps in the solution. There is not much flexibility in how we can add external data within Workday Prisma Analytics. For now, Workday has enabled the SFTP server and Am...

See all answers

Comparisons

Tableau vs MicroStrategy

Compared 24% of the time

Microsoft Power BI vs MicroStrategy

Compared 17% of the time

Amazon QuickSight vs MicroStrategy

Compared 8% of the time

IBM Cognos vs MicroStrategy

Compared 7% of the time

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Microsoft Power BI vs Workday Prism Analytics

Compared 48% of the time

Tableau vs Workday Prism Analytics

Compared 23% of the time

Databricks vs Workday Prism Analytics

Compared 10% of the time

Alteryx vs Workday Prism Analytics

Compared 3% of the time

IBM Planning Analytics vs Workday Prism Analytics

Compared 3% of the time

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Product Reports

Buyer's Guide

MicroStrategy

January 2025

Download MicroStrategy product report

Buyer's Guide

BI (Business Intelligence) Tools

January 2025

Download Workday Prism Analytics product report

Also Known As

No data available

Prism Analytics

Learn More

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MicroStrategy

Workday

Overview

Company: Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. With direct operations in 26 countries worldwide and approximately 2,000 employees, our mission is to provide enterprise analytics, mobility, and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.

Product portfoilio:

MicroStrategy 10 Secure Enterprise™ empowers leading organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two distinct offerings: MicroStrategy Analytics™ and MicroStrategy Desktop™. MicroStrategy Analytics delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights anywhere, anytime, via mobile devices or the Web. It also combines the agility and productivity of self-service visual data discovery with the security, scalability, and governance features of enterprise-grade business intelligence. MicroStrategy Desktop is a standalone, on-premise visual data discovery tool designed to enable business users to analyze and understand their data. MicroStrategy Mobile™ enables organizations to rapidly build custom business applications that deliver analytics combined with transactions, multimedia, and custom workflows to mobile devices. MicroStrategy Secure Cloud™ combines all of the enterprise analytics, mobile, and security features in MicroStrategy 10 Secure Enterprise with powerful and scalable data integration, validation, and warehousing services — all delivered in an environment where organizations can deploy transformational analytics applications in minutes.

Usher, MicroStrategy’s breakthrough security solution, is a powerful mobile security platform designed to dematerialize traditional forms of identity verification (such as passwords, tokens, and physical badges) and replace them with a single mobile identity badge that is cryptographically linked to its owner’s smartphone and dynamically linked to an enterprise’s existing identity repositories. Usher works on standard Android and iOS smartphones, and also boasts an Apple Watch™ integration.

With Workday Prism Analytics, you can bring data in at scale from any source and prepare, analyze, and securely share it with your organization. The result? You gain all the insights you need to drive better business outcomes.

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.

Denny's

Buyer's Guide

MicroStrategy vs. Workday Prism Analytics

January 2025

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