It is very fast compared to other normal databases, like SQL and MySQL.
Oracle Essbase enables detailed data examination through pre-defined dimensions and hierarchies, providing stability, scalability, and a powerful analytical engine for big data applications. Although it integrates well with systems like Hyperion Planning, it lacks robust forecasting features and requires improved integration with performance management and version control tools. Initial setup complexity, high costs, and the end of on-premises support signal a need for a simplified cloud-based approach.
