Oracle Essbase vs Workday Prism Analytics comparison

The compared Oracle and Workday solutions aren't in the same category. Oracle is ranked #10 in DDM , with an average rating of 8.5, and holds a 1.2% mindshare in the category. Workday is ranked #14 in BIT , with an average rating of 8.6, and holds a 1.6% mindshare. Additionally, 100% of Oracle users are willing to recommend the solution, compared to 100% of Workday users who would recommend it.

Oracle Essbase

Read 14 Oracle Essbase reviews

138 Views
108 Comparison Views

100% willing to recommend

Workday Prism Analytics

Read 5 Workday Prism Analytics reviews

1,298 Views
1,230 Comparison Views

100% willing to recommend

Oracle Essbase

Workday Prism Analytics

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Oracle Essbase and Workday Prism Analytics based on real PeerSpot user reviews.

Find out what your peers are saying about Oracle, SolarWinds, Nutanix and others in Database Development and Management.

To learn more, read our detailed Database Development and Management Report (Updated: November 2024).

Buyer's Guide

Database Development and Management

November 2024

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Categories and Ranking

Oracle Essbase

Average Rating

8.4

Reviews Sentiment

5.8

Number of Reviews

Ranking in other categories

Database Development and Management (10th)

Workday Prism Analytics

Average Rating

8.6

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (14th)

Mindshare comparison

Oracle Essbase and Workday Prism Analytics aren’t in the same category and serve different purposes. Oracle Essbase is designed for Database Development and Management and holds a mindshare of 1.2%, up 0.8% compared to last year.
Workday Prism Analytics, on the other hand, focuses on BI (Business Intelligence) Tools, holds 1.6% mindshare, up 1.2% since last year.

Database Development and Management

BI (Business Intelligence) Tools

Featured Reviews

Prithwish Kumar Ghosh

Manager at Capgemini

Handles a huge amount of data at a time and offers good processing speed

You will definitely get bugs, for sure, with every version that comes. Oracle is active in creating fixes, and they release patches. If you are using Oracle Cloud and the infrastructure is owned by Oracle, you don't need to worry. They will push the bug fixes themselves. When we use PBCS or EPBCS applications on the cloud, they handle those things. It might be a downtime during the weekends for 30 minutes, but it's a very stable area. You don't actually use Essbase when you use PBCS or EPBCS. It is in the backend, and things are happening there as well, for sure, but you won't get to see the console. You'll just see the front end, the planning part.

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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

"The solution is scalable."

"Essbase is extremely stable and low-maintenance."

"The solution is stable and reliable."

"It helps us fetch specific data sets per users' requirements."

"It is highly efficient and easily scalable, particularly for handling large databases."

"I have found the most valuable aspect is the user-friendly environment and current features."

"Unlike relational, where you're linking together multiple tables, with Essbase, you basically define what the dimensions are beforehand, and you define the hierarchy, and then load the data. This allows you to do a pretty sophisticated analysis so that you can drill into it and slice and dice the data."

"The solution can handle a large volume of data."

More Oracle Essbase pros

"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."

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

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

Cons

"I would like to see an integration with application performance management and a version control management tool."

"The reporting tool of Essbase needs improvement."

"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."

"They should improve the solution's performance."

"There is room for improvement in terms of cost-effectiveness."

"It's an expensive product to use."

"The initial setup is pretty complex."

More Oracle Essbase 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

"Essbase is competitively priced."

"The solution is expensive."

"I believe the licensing is on a monthly base."

"It is a costly solution."

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

"The solution is very expensive."

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

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Top Industries

By visitors reading reviews

Financial Services Firm

24%

Computer Software Company

11%

Manufacturing Company

Retailer

Financial Services Firm

10%

Computer Software Company

Insurance Company

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

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.

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What needs improvement with Oracle Essbase?

If I got the opportunity to work with Hyperion, which is the best product, I would definitely go with that. The main concern is that Oracle is ending on-premises server support, so it would be bett...

See all answers

What is your primary use case for Oracle Essbase?

We provide complete ownership of this application to Walmart projects. In the UK system, we support and develop for the Asda account, known as Eltham. We provide installation and support to over 50...

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What do you like most about Workday Prism Analytics?

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

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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

Microsoft Power BI vs Oracle Essbase

Compared 34% of the time

SAP BusinessObjects Business Intelligence Platform vs Oracle Essbase

Compared 19% of the time

SAP Analytics Cloud vs Oracle Essbase

Compared 12% of the time

Tableau vs Oracle Essbase

Compared 6% of the time

Alteryx vs Oracle Essbase

Compared 2% of the time

More Oracle Essbase Competitors

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

Amazon QuickSight vs Workday Prism Analytics

Compared 4% of the time

More Workday Prism Analytics Competitors

Product Reports

Buyer's Guide

Oracle Essbase

December 2024

Download Oracle Essbase product report

Buyer's Guide

BI (Business Intelligence) Tools

December 2024

Download Workday Prism Analytics product report

Also Known As

Essbase

Prism Analytics

Learn More

Oracle

Workday

Overview

Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications.

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

CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo 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.

Denny's

Buyer's Guide

Database Development and Management

November 2024

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