The solution is a multidimensional database that's used by a lot of different products.
Senior Hyperion Consultant at a financial services firm with 10,001+ employees
Great multidimensional analysis with the ability to drill down and dig deep into the data
Pros and Cons
- "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."
- "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."
What is our primary use case?
What is most valuable?
Its multidimensional analysis is great. 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. If you see a problem somewhere, you can drill in and discover more about it. If you're seeing problems at the state level, for example, you could drill into the city, down to any of the cities easily.
What needs improvement?
It's not a very scalable solution.
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. What they had for doing the forecasting was another program from another company. They bought the program, then you could actually do the forecasting in Excel, rather than actually doing it in the Hyperion program.
I can't think of any missing features or areas of improvement. Overall, it's a pretty decent product.
What do I think about the stability of the solution?
The level of stability is basically the same as what you would expect as Hyperion. It all falls under the same umbrella.
Buyer's Guide
Oracle Essbase
February 2025
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What do I think about the scalability of the solution?
I wouldn't say the product is extremely scalable.
What was our ROI?
I can't recall looking into any ROI details.
What other advice do I have?
While the product can be used both on the cloud and on-premises, I have not tried the cloud version.
I would advise new users to make sure they do very thorough design sessions beforehand instead of just jumping into it. Planning is important in terms of success.
I'd rate the solution at an eight out of ten. We've been pretty happy with its capabilities.
Which deployment model are you using for this solution?
On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
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Director, Financial Systems at a retailer with 10,001+ employees
Powerful, stable, and competitively priced
Pros and Cons
- "Essbase is extremely stable and low-maintenance."
- "The ability to drive external reporting out for development could be improved."
What is our primary use case?
I primarily use Essbase for planning.
What needs improvement?
The ability to drive external reporting out for development could be improved.
What do I think about the stability of the solution?
Essbase is extremely stable and low-maintenance.
What do I think about the scalability of the solution?
Essbase is scalable.
How was the initial setup?
Essbase is a shell, so your setup is only as complex as your reporting requirements. The actual implementation of the software is easy, it's how you use it that can be complex.
What's my experience with pricing, setup cost, and licensing?
Essbase is competitively priced.
What other advice do I have?
Essbase is a powerful tool that continues to provide value for companies. It's also one of the core databases that Oracle uses. I'd rate it as ten out of ten.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Buyer's Guide
Oracle Essbase
February 2025
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Executive IT at GBEL
A scalable and stable solution that can be used in different sectors and manufacturing units
Pros and Cons
- "The solution is scalable."
- "The initial setup is pretty complex."
What is our primary use case?
We use the product in the production environment. It can be used in the government sector. We use it in a few branches in the banking sector. It can also be used in the healthcare sector in units that manufacture medicines.
What is most valuable?
The solution is scalable.
What needs improvement?
The initial setup is pretty complex.
For how long have I used the solution?
I am using the solution currently. I am using the latest version of the solution.
What do I think about the stability of the solution?
The product is stable so far.
What do I think about the scalability of the solution?
Our customers have more than 100 users. Most customers plan on increasing their usage based on the growth of their business.
How are customer service and support?
The technical support is good.
How was the initial setup?
The time taken for deployment depends upon the use cases. It takes a long time to deploy the tool in a large environment. It takes more than a month to deploy the tool in a small environment. To deploy the product, we consider the customers' requirements and provide them with a solution.
The customers review the solution we have designed for them. Once they approve, we start installing the product. We install the data center, hardware, connectivity, front-end, and back-end platforms like application environments. Later, the database team and experts take care of the software architecture. We need four to five technical personnel to deploy and maintain the solution.
What's my experience with pricing, setup cost, and licensing?
The solution is expensive.
What other advice do I have?
Users and investors calculate their ROI based on their investment plan. They know how many years it will take to get a return on their investment. I would recommend the product to others. Overall, I rate the tool an eight out of ten.
Which deployment model are you using for this solution?
On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Subject Matter Expert at Cyprobes
Expandable, reliable, and has good features
Pros and Cons
- "The solution is stable and reliable."
- "It's an expensive product to use."
What is our primary use case?
The solution is used for banking services and E-discovery services.
What is most valuable?
The solution is quite scalable, which is the most useful aspect for us.
The solution is stable and reliable.
The features are good. We haven't found it lacking in any way.
What needs improvement?
The solution is hard to set up for new users.
It's an expensive product to use.
The solution is a bit complex.
For how long have I used the solution?
We've used the solution for five to six years.
What do I think about the stability of the solution?
The stability has been fine. It's reliable. There are no bugs or glitches. It doesn't crash or freeze.
What do I think about the scalability of the solution?
It is a scalable, easy-to-expand product. If a company needs to scale up, it's no problem.
We have more than one million customers on the product right now. We do plan to increase usage as well.
How are customer service and support?
We've never reached out to technical support. I can't speak to how helpful or responsive they are.
Which solution did I use previously and why did I switch?
We did previously use a different product. We used PostgreSQL. We wanted an update of features and found that open-source databases don't have the maintenance tools we required. Also, using them was risky in general.
How was the initial setup?
If you are an expert user of Oracle, you won't have any issues with the initial setup. It's easy for knowledgeable users. However, for beginners or those with no prior Oracle experience, it will be a difficult deployment.
The process and how long it takes to deploy depend on the design of the database. For example, is the architecture centralized or distributed? In the case of centralized databases, it's easy to configure. If it is decentralized, the time and complexity depend upon how many locations you have to configure.
We have a team of six or seven people that can handle deployment tasks.
What about the implementation team?
Sometimes we do use a consultant or integrator to assist with the deployment process.
What's my experience with pricing, setup cost, and licensing?
The licensing costs are too high. The licensing costs also increase sometimes. They should offer different tiers for customers to choose from.
What other advice do I have?
We use both cloud and on-premises deployments of the product.
I'd rate the solution eight out of ten. We've been happy with the product overall.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Software Engineer at a financial services firm with 5,001-10,000 employees
Useful solution for big systems and it can handle a large volume of data
Pros and Cons
- "The solution can handle a large volume of data."
- "The initial setup could be simplified."
What is our primary use case?
Our primary use case for the solution is focused on big systems, and we deploy the solution on-premises.
What is most valuable?
The solution can handle a large volume of data.
What needs improvement?
The solution could be cheaper. It is costly, and the initial setup could be simplified.
For how long have I used the solution?
We have been using the solution for approximately two years.
What do I think about the stability of the solution?
The solution is stable.
What do I think about the scalability of the solution?
The solution is scalable. Approximately 30 users are utilizing the solution in our organization, and we eventually intend to increase the usage.
How are customer service and support?
I rate customer service and support a six out of ten.
How would you rate customer service and support?
Neutral
Which solution did I use previously and why did I switch?
We previously used MySQL and switched to Oracle Essbase. It is scalable with many features.
How was the initial setup?
The initial setup is complex.
What about the implementation team?
The solution was implemented in-house.
What's my experience with pricing, setup cost, and licensing?
The pricing could be cheaper.
What other advice do I have?
I rate the solution an eight out of ten. The solution is good, but it could be cheaper. I recommend the solution to other users.
Which deployment model are you using for this solution?
On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
Consultant at a tech services company with 1,001-5,000 employees
Excellent features for faster calculations and response. Deployment a bit difficult in EPMA.
Valuable Features
Its multi-dimensionality, powerful calculation engine, aggregate storage applications are excellent features for faster calculations and response.
Improvements to My Organization
We are on consulting side but definitely client implemented it for are able to carry out their planning and budgeting exercise in optimize and well structure manner.
Room for Improvement
Variable attributes functionality need to be incorporated in Planning, though its available in Essabse I believe its still not in Planning.
Use of Solution
For the last 8 years we have been implementing Essbase for various clients around globe.
Deployment Issues
Application deployment process is very easy in classic way but yes I personally found it bit difficult in EPMA way.
Stability Issues
No. if your application design is good stability is not an issue in stable version of Hyperion
Scalability Issues
No
Customer Service and Technical Support
Customer Service: Very good.Technical Support: Very good knowledge base to look for solution or previously fixed issues and timely support by able consultants.
Initial Setup
Yes. Initial setup and configuration is made very straightforward in latest versions compared to earlier.
Other Advice
Essbase is a multidimensional database (MOLAP) is undoubtedly leading in that space. It leverages its powerful computing capability and combined with relational database gives hybrid flavor. Its powerful computing capability and scalability rates overall 4.
Disclosure: I am a real user, and this review is based on my own experience and opinions.
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