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Oracle OBIEE vs Workday Prism Analytics comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM Cognos
Sponsored
Ranking in BI (Business Intelligence) Tools
7th
Average Rating
8.0
Number of Reviews
134
Ranking in other categories
Reporting (4th)
Oracle OBIEE
Ranking in BI (Business Intelligence) Tools
5th
Average Rating
7.8
Reviews Sentiment
7.5
Number of Reviews
157
Ranking in other categories
Reporting (3rd)
Workday Prism Analytics
Ranking in BI (Business Intelligence) Tools
14th
Average Rating
8.6
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the BI (Business Intelligence) Tools category, the mindshare of IBM Cognos is 3.8%, down from 4.3% compared to the previous year. The mindshare of Oracle OBIEE is 4.0%, down from 4.8% compared to the previous year. The mindshare of Workday Prism Analytics is 1.6%, up from 1.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
BI (Business Intelligence) Tools
 

Featured Reviews

Carlos Larrad Salgado - PeerSpot reviewer
Improved the quality of our KPIs, while reducing calls to the IT department
I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality. The user experience is also very important. Cognos is not very easy to understand sometimes, especially when they change the layout but keep the functionality the same. The help is not very graphic and they have no examples. Cognos has to make a big effort to help with understanding the functionality by improving the documentation. There is a lot of documentation, but the examples are hard to find and they should make their help section easier to understand for non-technical users.
VishnuReddy - PeerSpot reviewer
Handles large datasets and easy to interact with and handle but performance could be better
Oracle's technical support usually recommends to upgrade when you contact them for support. They don't focus on fixing the issue at hand or providing guidance on how to do it. If you are in a lower environment, like one version down, they will blindly suggest upgrading. Additional patches are given for other Oracle products like WebLogic, databases, and apps. They fix issues and create patches based on client needs. But from an OBIEE point of view, they mostly provide bundle patches of around 5 to 6 GB that need to be applied and tested end-to-end. It's not an easy way to get small patches, and if issues arise after applying the patches, you have to contact Oracle again.
Sarvesh Kumar Jha - PeerSpot reviewer
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.

Quotes from Members

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

Pros

"The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report."
"For planning, forecasting, in-boxing, modeling in general and for predicting numbers and doing work analysis, they are excellent."
"Even while a user is using a cube for reporting, there will not be a situation as ' Cube file locked; unable to build or deploy'."
"Previously, we were doing static reporting. Management would request a report, and it would take staff a week or more to provide it. With Cognos, we have dynamic reporting, and it has reduced both reporting and decision making times significantly. With the solution's dashboard, the company's management team has updated records at their fingertips. This means that they can directly access the data they need to make decisions."
"Integration with Office can enable the 'download' mode of storytelling.​"
"The three IBM Cognos features I find the most valuable are Dynamic Cubes, PowerPlay, and Watson."
"It has a very powerful edit feature which allows users to back out of changes (undo) without forcing them to recreate entire reports."
"The main difference that I like about Cognos compared to other solutions is its data splitting functionality. We have all our company data inside the Cognos environment and so we prefer to split the information Cognos itself. It's more efficient this way."
"The primary reason for using OBIEE is connectivity with Oracle E-Business Suite. It makes it easy to connect with our Oracle E-Business Suite. There are the standard dashboards available, which we sometimes use, and now we are looking for customized dashboards."
"The main features of this solution are that it is easy to use, intuitive, and user-friendly. When I retrieve the data from the database it is in a very raw form, then when I use the Oracle Report Builder it has advanced intelligence features to allow me to view and make changes to the data easily."
"The solution offers a wide range of software tools to meet various needs, such as those concerning reports, developer solutions like APEX and the integration of data."
"The most valuable features of the solution are the various scenarios the product offers and its stability."
"The most valuable feature is the reporting."
"User-friendly look and feel."
"The most valuable feature is the ability to run it in Exalytics within memory coupled to a Repository on Exadata is where it flies. So it's not meant for mom and pop shops, but if you are a global 500 fortune 1000 company, this is a tool that can get you what you need on time and even in real time."
"It's the connectors, the adapters. Built in connectors with different ERPs, you can plug in XL, other sources of data. It's very easy to configure. It's very easy to use."
"The solution is stable and reliable, with minimal issues affecting its performance."
"The product is easier to use compared to other applications."
"Feature-wise, I feel that the solution's stability is good."
"The customer service and support are pretty good."
"I really like the flexibility the solution provides in terms of data transformation."
 

Cons

"It would be better if it is was easier to implement without extensive training for it."
"I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality."
"The performance is a bottleneck and something that can be improved."
"They were lacking in the initial phases of development in the area of big data, and they still need to improve that aspect of the product."
"Most of our company's customers want to be able to deploy IBM Cognos on a web application and use it as a desktop application, which is not possible currently."
"There are some problems with how Cognos handles huge data sets and when connecting with multiple sources and searching the data."
"One key area for improvement is the need to improve the self-service nature and functionality of the product in terms of visual analytics."
"This product could use improvement in terms of usability for those with less technical know how."
"There are a lot of aspects of Oracle OBIEE that are exceptionally complicated, make things unnecessarily difficult for everyone who uses it. In terms of the integrations, Oracle needs to improve a little more, but I believe that they have tried to capture all those issues. The issues we are facing in the Oracle OBIEE 12C versions, in the Oracle Analytical Server Center or Analytical Cloud versions, Oracle has managed to overcome the challenges."
"Managing the OB applications requires a high level of experience, and makes the solution quite heavy."
"There's a lot of redundancy, especially in relation to creating the code."
"One of the things that have been difficult with OBIEE during all the time that I've known it is that when something goes wrong, many times, the error messages are not specific, and you've got to spend a lot of time digging and digging and digging before you say, "Oh, okay. I figured out what it was." There should be more detailed error messages or troubleshooting messages."
"There should be more integration in the solution. For example, there should be one solution with multiple functionalities so that other solutions are not needed. Having one solution with all the needed functionality would be helpful."
"Its overall organization as an analytical tool, the layout of OBIEE, is not very good."
"It's not so flexible to do BI reporting directly from the data source without models. It is not that agile."
"Oracle OBIEE could improve by having better integration and compatibility with other vendors."
"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

"IBM Cognos offers competitive pricing similar to other BI vendors in the market."
"The pricing of this product is meant for medium to large-scale enterprises."
"The licensing costs are a little bit higher for IBM Cognos. I don't think there is any additional cost apart from the licensing charges."
"There is need to assess the purchase license accordingly so as to avoid audit penalties."
"There is some additional licensing that we needed to purchase because we were touching data outside of our core data platform. The cost was approximately $25,000 for the additional licenses, which were approximate 45 licenses. For the application itself, updates, and the core platform it was approximately $50,000. Giving a total cost of $75,000 annually for our usage of IBM Cognos."
"Pricing should be improved."
"The cost of IBM Cognos it's more or less the same as most of the other solutions on the market. They're very competitive with the rest of the market and it is not the most expensive product."
"On a scale from one to ten where one is low pricing and ten is high pricing, I would rate this solution at eight."
"This was not an expensive product for us, although the price varies depending on conditions for each company."
"It is high."
"It's comparable to the current technology we're using, Qlik Sense."
"The pricing we negotiated with Oracle. But, I do not have details."
"The company had twenty-five Oracle OBIEE licenses and never expanded. Price-wise, the solution is expensive."
"The licensing cost for Oracle OBIEE is expensive."
"I would rate it a 4 out of 5 in terms of pricing."
"Be prepared to spend a lot of time and money."
"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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Comparison Review

it_user79932 - PeerSpot reviewer
Feb 4, 2015
Comparison of SAP BO, Tableau, QlikView, Cognos, Microsoft, OBIEE and Pentaho
1. SAP BO/BI Enterprise scalability Security Ease of use Semantic layer 2. Tableau Visualization Data discovery Turnaround time 3. IBM Cognos Enterprise scalability Security In-memory feature 4. MS BI - Flexibility 5. Pentaho - Open source but still enterprise grade 6. QlikView Data…
 

Top Industries

By visitors reading reviews
Educational Organization
55%
Financial Services Firm
7%
Computer Software Company
4%
Government
4%
Financial Services Firm
17%
Government
13%
Computer Software Company
11%
Manufacturing Company
8%
Financial Services Firm
10%
Computer Software Company
9%
Insurance Company
8%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Seeking lightweight open source BI software
It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik ...
What do you like most about IBM Cognos?
The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.
What needs improvement with IBM Cognos?
I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...
How does Oracle OBIEE compare with Microsoft BI?
Oracle OBIEE is great in allowing design and creativity per the individual needs of the organization. Dashboards are ...
Which Oracle product is better - OBIEE or Analytics Cloud?
Oracle OBIEE is designed to be relatively easy to set up and has a helpful customer support staff at the ready to ass...
What do you like most about Oracle OBIEE?
The most valuable feature of Oracle OBIEE is its ability to handle large volumes of data and provide traditional BI f...
What do you like most about Workday Prism Analytics?
Feature-wise, I feel that the solution's stability is good.
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 o...
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 with...
 

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics
OBIEE, Oracle Business Intelligence Enterprise Edition, Oracle BI, Oracle BI EE 11g
Prism Analytics
 

Learn More

 

Overview

 

Sample Customers

More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.
Banca Transilvania, BeckmanCoulter, Hong Kong Housing Society, HealthShare, Ivanhoe Cambridge Unifies, and Home Credit, and Finance Bank.
Denny's
Find out what your peers are saying about Oracle OBIEE vs. Workday Prism Analytics and other solutions. Updated: December 2024.
824,053 professionals have used our research since 2012.