Oracle Essbase Reviews

Very large and complexes environments implementation, 10000+ users with 24x7 global operation and multiple EPM tools working in sync.

It provides for faster and more assertive forecast cycles. It enables businesses to improve their process since with this tool, you can do things easily and quicker as the business can create more complex models than were possible before.

It's very flexible and powerful and can do almost anything you want if you use a bit of imagination and knowledge.

Everybody uses it for financial purposes, but it can also be used for other analytic purposes, such as mathematical models, statistical models, and so on.

• It needs a faster way to extract data.
• It needs better documentation, as there's a lot of undocumented commands.
• It needs a better API.

More than 12 years.

There were issues mainly because of a Java memory leak and abnormal shutdowns that sometimes corrupt the cube.

We have had no issues scaling it for our needs.

The technical support for EPM is bad. I don't remember anytime that the service support helped me in something. The problem is bigger when you have an environment with more than one product like Hyperion Planning and ODI.

This happens because the products have different owners within Oracle and then different supports and, because of this, if you open a trouble ticket of loading data to planning and you say the words ODI, you'll be push around the two separate support teams indefinitely.

Even if your company has an Oracle support director just for you.

Neutral

I've always used the same tools.

EPM is an enterprise suit that is made of some independent tools and to have all of them working together makes it complex no matter your level of knowledge. The bigger the environment, the bigger the challenge is you need to face. Maybe one day Oracle will integrate all their tools. It'll be easier, and the good thing is that I saw a lot of improvements through the years.

Always talk with a Oracle representative and negotiate a discount. I already saw 99% of discounts and a free licence once.

Some times is cheaper if you get a hardware together (helps to negotiate a discount)

I'm a consultant and my only evaluation was on the database. I decided on Oracle because of the database and, during my career, their other tools are starting to come naturally.

Because Oracle products are development frameworks, your final results is as good as the people who implemented them. Make sure that your implementation team is the best it can be, at least for the first implementation. If something is implemented incorrectly at the start, it'll cost you a lot more to fix than to build a new system from scratch. Sometimes it can be so badly designed that it is impossible to fix.

I've been working on implementation for 20 years and I have seen bad implementations everywhere. In fact, I have seen the same tools implemented in the same team by two different people, with one being a success and the other a failure. In the same company, one department says that the tool does not work for them and another says that the tool is the best. The only difference was the implementer. Make sure you get a good team to implement it. The tool has its flaws, but most of time (99%) it is the implementer's fault that you have a bad or slow model.

I primarily use Essbase for planning.

The ability to drive external reporting out for development could be improved.

Essbase is extremely stable and low-maintenance.

Essbase is scalable.

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.

Essbase is competitively priced.

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.

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.

The solution is scalable.

The initial setup is pretty complex.

I am using the solution currently. I am using the latest version of the solution.

The product is stable so far.

Our customers have more than 100 users. Most customers plan on increasing their usage based on the growth of their business.

The technical support is good.

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.

The solution is expensive.

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.

The solution is used for banking services and E-discovery services. 

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.

The solution is hard to set up for new users. 

It's an expensive product to use. 

The solution is a bit complex. 

We've used the solution for five to six years. 

The stability has been fine. It's reliable. There are no bugs or glitches. It doesn't crash or freeze. 

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. 

We've never reached out to technical support. I can't speak to how helpful or responsive they are. 

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. 

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. 

Sometimes we do use a consultant or integrator to assist with the deployment process. 

The licensing costs are too high. The licensing costs also increase sometimes. They should offer different tiers for customers to choose from.

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. 

Our primary use case for the solution is focused on big systems, and we deploy the solution on-premises.

The solution can handle a large volume of data.

The solution could be cheaper. It is costly, and the initial setup could be simplified.

We have been using the solution for approximately two years.

The solution is stable.

The solution is scalable. Approximately 30 users are utilizing the solution in our organization, and we eventually intend to increase the usage.

I rate customer service and support a six out of ten.

Neutral

We previously used MySQL and switched to Oracle Essbase. It is scalable with many features.

The initial setup is complex.

The solution was implemented in-house.

The pricing could be cheaper.

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.