Oracle Essbase vs Workday Prism Analytics comparison

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178 views|133 comparisons
100% willing to recommend
Workday Logo
1,419 views|1,508 comparisons
100% willing to recommend
Comparison Buyer's Guide
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, Quest Software, SolarWinds and others in Database Development and Management.
To learn more, read our detailed Database Development and Management Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
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.""It is highly efficient and easily scalable, particularly for handling large databases.""Essbase is extremely stable and low-maintenance.""The solution can handle a large volume of data.""It helps us fetch specific data sets per users' requirements.""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.""It is very fast compared to other normal databases, like SQL and MySQL.""The solution is stable and reliable."

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

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Cons
"They should improve the solution's performance.""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 ability to drive external reporting out for development could be improved.""It's an expensive product to use.""The initial setup could be simplified.""The initial setup is pretty complex.""I would like to see an integration with application performance management and a version control management tool.""The consolidation engine, which is HFM or FCCS, needs some room for improvement."

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"It is not a very scalable product."

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Pricing and Cost Advice
  • "Essbase is competitively priced."
  • "I believe the licensing is on a monthly base."
  • "It is a costly solution."
  • "The solution is expensive."
  • More Oracle Essbase Pricing and Cost Advice →

  • "I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules."
  • More Workday Prism Analytics Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:It is a costly solution. This is because we require high-performance servers with substantial CPU and RAM capacities to handle our extensive datasets effectively.
    Top Answer:There is room for improvement in terms of cost-effectiveness.
    Top Answer:We are a telecommunications company operating in Iran, and we manage a vast amount of data related to our network infrastructure. We have hundreds of data points specifically pertaining to our network… more »
    Top Answer:Feature-wise, I feel that the solution's stability is good.
    Top Answer:I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules.
    Top Answer:I think you need to get some data visualizations or some sort of schema that you can print to see the relationships or the different business objects and IDs. I tried to be able to use the useful data… more »
    Ranking
    Views
    178
    Comparisons
    133
    Reviews
    9
    Average Words per Review
    562
    Rating
    8.3
    Views
    1,419
    Comparisons
    1,508
    Reviews
    1
    Average Words per Review
    563
    Rating
    7.0
    Comparisons
    Also Known As
    Essbase
    Prism Analytics
    Learn More
    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 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.
    Denny's
    Top Industries
    REVIEWERS
    Financial Services Firm44%
    Retailer22%
    Computer Software Company11%
    Comms Service Provider11%
    VISITORS READING REVIEWS
    Financial Services Firm23%
    Computer Software Company9%
    Manufacturing Company9%
    Retailer7%
    VISITORS READING REVIEWS
    Financial Services Firm10%
    Computer Software Company8%
    Healthcare Company8%
    Insurance Company8%
    Company Size
    REVIEWERS
    Small Business29%
    Large Enterprise71%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise10%
    Large Enterprise75%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise15%
    Large Enterprise66%
    Buyer's Guide
    Database Development and Management
    May 2024
    Find out what your peers are saying about Oracle, Quest Software, SolarWinds and others in Database Development and Management. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    Oracle Essbase is ranked 10th in Database Development and Management with 12 reviews while Workday Prism Analytics is ranked 24th in BI (Business Intelligence) Tools with 1 review. Oracle Essbase is rated 8.4, while Workday Prism Analytics is rated 7.0. The top reviewer of Oracle Essbase writes " Handles a huge amount of data at a time and offers good processing speed". On the other hand, the top reviewer of Workday Prism Analytics writes "A stable data analytics solution that needs some improvement with scalability and data visualization". Oracle Essbase is most compared with Microsoft Power BI, SAP BusinessObjects Business Intelligence Platform, SAP Analytics Cloud, IBM Planning Analytics and Redgate SQL Toolbelt, whereas Workday Prism Analytics is most compared with Microsoft Power BI, Tableau, Databricks, Oracle Analytics Cloud and MicroStrategy.

    We monitor all Database Development and Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.