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reviewer1710285 - PeerSpot reviewer
Senior Hyperion Consultant at a computer software company with 1,001-5,000 employees
Real User
Good scalability but has problems with support
Pros and Cons
  • "Scalability is one of this solution's big plus points."
  • "This solution's stability is a little problematic."

What is our primary use case?

My primary use case of this solution is as a full EPM shop, with HFM ,planning and FDMEE reports, as well as all the features available under the EPM umbrella.

What needs improvement?

There is room for improvement in the on-premises software, which doesn't have as many features as the cloud version, such as the EPBS features or the ability to edit metadata for HFM. There are also a number of bugs and issues present in the product.

What do I think about the stability of the solution?

This solution's stability is a little problematic - every time we go to a new version, there are bugs and issues, and we don't always get a quick solution or support from Oracle. 

What do I think about the scalability of the solution?

Scalability is one of this solution's big plus points.

Buyer's Guide
Oracle Hyperion
February 2025
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How are customer service and support?

The support could be improved as service requests can sometimes take a very long time to be dealt with - we have some SRs that are a year old with no solution. In addition, the quality of the answers from the support team is not always good - sometimes we've had scenarios where we've had to ask the same question repeatedly without getting a useful answer.

Which solution did I use previously and why did I switch?

Prior to Hyperion, we used Oracle OFA. We moved over to Hyperion after OFA was decommissioned.

How was the initial setup?

The complexity of the setup depends on the application being worked on - some are quite complicated, others are easier.

What was our ROI?

I would rate our ROI as three out of five.

What other advice do I have?

As long as you are designing the product correctly in the current matter, it should work well. How you design the product should be the most important element of your implementation. The design of the applications is variable - some are well-designed, some are not. Overall, I would rate this solution as six out of ten.

Which deployment model are you using for this solution?

Hybrid Cloud

If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Managing Consultant at ifb international AG
User
There is an integrated solution with Oracle EPM which we utilize
Pros and Cons
  • "Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
  • "Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."

What is our primary use case?

Our primary use is for Enterprise Performance Management (in most cases), planning and budgeting, and as a reporting/allocation tool.

How has it helped my organization?

We provide customized solutions for finance offices in any industry.

What is most valuable?

Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other.

What needs improvement?

Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having  a more differentiated security model.

For how long have I used the solution?

More than five years.

What other advice do I have?

I have worked for more than seven years with Oracle EPM and Hyperion.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Buyer's Guide
Oracle Hyperion
February 2025
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: February 2025.
838,713 professionals have used our research since 2012.
it_user694662 - PeerSpot reviewer
Team Lead at a tech services company with 10,001+ employees
Consultant
You can handle and process a lot of data in a very short time.

What is most valuable?

The fact that you can handle and process a lot of data in a very short time is the most valuable feature.

How has it helped my organization?

We showed a lot of demos of these solutions, and a lot of clients that we demonstrated to are very much impressed. It has increased our clientele, so we have a lot more of clients in my company for this application.

What needs improvement?

It's way ahead of the competition. IBM Solutions have gone down a lot in the last few years and the future is Oracle. So, for now, I don't see any features in IBM that should be improved. It's very good for now.

I don't think that this product needs any improvement for now. I am quite satisfied with the application that we have, it is working just fine. For clients who have a good understanding of the product, it is enabling them meet their deadlines. So for now, I don't think it is necessary for me to consider.

For how long have I used the solution?

I have used this solution for five years.

What do I think about the stability of the solution?

Stability is good.

How are customer service and technical support?

Nine out of 10.

Which solution did I use previously and why did I switch?

Previously, we were using IBM.

How was the initial setup?

The setup was very straightforward, it is easy to use.

Which other solutions did I evaluate?

This was the only option that was given to us.

What other advice do I have?

I would always recommend this solution.

It is very versatile, it is easy to use, easy to access, and easy to set up.

I am very satisfied with and keen on this solution.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user448791 - PeerSpot reviewer
Managing Director at a tech consulting company with 51-200 employees
Consultant
We haven't had issues with performance and scalability.

What is most valuable?

The entire ETL function is of great value and no feature on its own will function alone. So in my eyes there is not one feature that really stands out on its own.

How has it helped my organization?

I work in a consulting role but I believe that by implementing it a lot of organizations’ manual processes have been automated.

What needs improvement?

FDM has become redundant and is being replaced by FDMEE. FDM will not be supported in the near future anymore and no further development/improvements are done on this product.

It is a manual setup of the type of data that you want to load. To build the application you have to setup and create various locations, maps, categories, etc. You also need to define your input data structure to a certain extent. There is allot of manual work when it comes to creating an application but once the application is created there shouldn’t be any issues when it comes to loading data.

For how long have I used the solution?

I've been using Oracle Hyperion Financial Quality Data Manager for four years.

What was my experience with deployment of the solution?

There were no issues with the deployment.

What do I think about the stability of the solution?

We've experienced no issues with performance.

What do I think about the scalability of the solution?

It's been able to scale for our needs.

How are customer service and technical support?

99% of the time we do our own troubleshooting.

Which solution did I use previously and why did I switch?

I started with this product.

How was the initial setup?

The initial setup was rather complex but I knew what I needed to do to achieve the end result. There are also allot of reading material on these products if you get stuck.

What about the implementation team?

We used an in-house team. My advice would be to know what you want to achieve with the tool because it is very flexible.

What other advice do I have?

I would not recommend implementing FDM as it is falling away and will not be supported in the near future.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Director Enterprise Applications and eBusiness at a retailer with 5,001-10,000 employees
Real User
Reliable, building flexibility, but difficult to maintain
Pros and Cons
  • "Oracle Hyperion is an engine allowing you to build whatever you want on it."
  • "Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."

What is our primary use case?

We used It was used for budgeting, monthly management reporting, and forecasting.

What is most valuable?

Oracle Hyperion is an engine allowing you to build whatever you want on it.

What needs improvement?

Oracle Hyperion generally it's quite a complex architecture that is hard to maintain.

In our case, the issue was with the lack of people in Kazakhstan who know the product. there is a very limited number of resources available on the market.

For how long have I used the solution?

I have been using Oracle Hyperion for approximately 11 years.

What do I think about the stability of the solution?

I have found Oracle Hyperion to be stable.

What do I think about the scalability of the solution?

The scalability of Oracle Hyperion is not that simple. However, for our usage, we do not have any performance issues. We didn't try to scale it that much.

Which solution did I use previously and why did I switch?

Previously to using Oracle Hyperion we were using Excel.

How was the initial setup?

The installation is at a medium difficulty level. It is similar to Oracle E-Business Suite.

What about the implementation team?

Oracle Hyperion was implemented with the help of an integrator.

What's my experience with pricing, setup cost, and licensing?

Oracle Hyperion is not an inexpensive solution.

What other advice do I have?

I would advise others to use a cloud solution if there is one available.

I rate Oracle Hyperion a seven 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.
PeerSpot user
reviewer1753602 - PeerSpot reviewer
Hyperion - Financial System Analyst at a venture capital & private equity firm with 10,001+ employees
Real User
Good reporting, consolidation, and technical support
Pros and Cons
  • "We like the reporting and tracking of financials."
  • "There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."

What is our primary use case?

Essentially, we use Hyperion for financial reporting and tracking.

What is most valuable?

We like the reporting and tracking of financials.

What needs improvement?

I think the user interface could be made a bit easier and user-friendly.

The initial setup could be easier, and there could be more integration with more ERPs.

There is always room for improvement. 

There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration.

For how long have I used the solution?

I have been working with Oracle Hyperion for two years.

We are using the financial management version.

What do I think about the stability of the solution?

It's a stable solution.

What do I think about the scalability of the solution?

It's a scalable product.

There are more than 40 users in our organization who are working with this solution.

How are customer service and support?

Technical support has been good.

Which solution did I use previously and why did I switch?

Previously, we did not work with similar products.

How was the initial setup?

As an administrator, I don't find it to be very difficult, but from the user's perspective, It could be simplified.

We don't need much maintenance because it's a stable product.

What other advice do I have?

If the group is large enough, then I would recommend going ahead with this solution. It's a very good tool for reporting and consolidation.

I would rate Oracle Hyperion 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.
PeerSpot user
PeerSpot user
Senior Consultant at Coçyl Services Conseils
Consultant
They're quick to add enhancements and adapt the tool to business requirements

What is our primary use case?

Centralization of the budgeting process. Our company was using Excel spreadsheets to capture all the managers' spreadsheets. They kept being changed by the managers and were never actually frozen in time. Very hard for top management to freeze the budgets.

How has it helped my organization?

Reduced budgeting process from six to eight months, to three months. Locking the budget process for the managers permitted us to control the data. No one was doubtful about which versions of the budgets they were working on.

What is most valuable?

  • Flexibility
  • Quick to add enhancements and adapt the tool to business requirements
  • Little involvement from the IT department

Everyone was looking at the same numbers. As data was entered during the budget process from lower management, upper management had the live consolidated budgets.

What needs improvement?

The learning curve is pretty steep. For people coming from a relational or star database background, users configuring Essbase need to learn a new way of manipulating the data.

For how long have I used the solution?

Three to five years.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user341055 - PeerSpot reviewer
Assistant Consultant at a tech services company with 10,001+ employees
Real User
In the most simplest way, it allows the availability of data to be predefined as well as customized based on user inputs and requirements.

What is most valuable?

Simplistic manner of availability, provided the input is source corrected.

How has it helped my organization?

In the most simplest way, the product allows the availability of data to be predefined as well as customized based on user inputs and requirements. While in the past, this was more complex leading to data integrity issues, it is now far more controlled in the new environment.

What needs improvement?

Improvements might relate to the integration of the visual aspect of the product. While this is more database reporting, integration with the BA module similar to PS would be very useful.

There is a scope for improvement in the governance of the product. Also, there is a growing need for the product to have a real time connectivity to other non-Oracle based ERP services to service the growing needs of the organization.

For how long have I used the solution?

I've used it for around five years.

What was my experience with deployment of the solution?

No issues to date.

What do I think about the stability of the solution?

No issues to date.

What do I think about the scalability of the solution?

No issues to date.

How are customer service and technical support?

Customer Service:

It's good.

Technical Support:

It's good.

Which solution did I use previously and why did I switch?

No previous solution was used.

How was the initial setup?

It was slightly complex owing to the initial requirement gathering and defining the schema for the business process.

What about the implementation team?

We used a vendor team.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Buyer's Guide
Download our free Oracle Hyperion Report and get advice and tips from experienced pros sharing their opinions.
Updated: February 2025
Buyer's Guide
Download our free Oracle Hyperion Report and get advice and tips from experienced pros sharing their opinions.