IBM Planning Analytics vs Oracle Essbase comparison

The compared IBM and Oracle solutions aren't in the same category. IBM is ranked #6 in BPM , with an average rating of 8.0, and holds a 4.9% mindshare in the category. Oracle is ranked #11 in DDM , with an average rating of 7.9, and holds a 1.1% mindshare. Additionally, 90% of IBM users are willing to recommend the solution, compared to 100% of Oracle users who would recommend it.

IBM Planning Analytics

Read 26 IBM Planning Analytics reviews

2,959 Views
1,213 Comparison Views

90% willing to recommend

Oracle Essbase

Read 18 Oracle Essbase reviews

1,744 Views
279 Comparison Views

100% willing to recommend

IBM Planning Analytics

Oracle Essbase

Comparison Buyer's Guide

Download the report

Executive Summary

We performed a comparison between IBM Planning Analytics and Oracle Essbase based on real PeerSpot user reviews.

Find out what your peers are saying about Oracle, Anaplan, Domo and others in Business Performance Management.

To learn more, read our detailed Business Performance Management Report (Updated: December 2025).

Buyer's Guide

Business Performance Management

December 2025

Download the complete report

Helped 881,082 peers since 2012

Review summaries and opinions

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

Categories and Ranking

IBM Planning Analytics

Average Rating

8.4

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Business Performance Management (6th)

Oracle Essbase

Average Rating

8.2

Reviews Sentiment

4.6

Number of Reviews

Ranking in other categories

Database Development and Management (11th)

Mindshare comparison

IBM Planning Analytics and Oracle Essbase aren’t in the same category and serve different purposes. IBM Planning Analytics is designed for Business Performance Management and holds a mindshare of 4.9%, down 9.2% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.1% mindshare, down 1.2% since last year.

Business Performance Management Market Share Distribution
Product	Market Share (%)
IBM Planning Analytics	4.9%
Anaplan	7.4%
CCH Tagetik	5.7%
Other	82.0%

Business Performance Management

Database Development and Management Market Share Distribution
Product	Market Share (%)
Oracle Essbase	1.1%
Redgate SQL Toolbelt Essentials	4.8%
SolarWinds Database Performance Analyzer	4.1%
Other	90.0%

Database Development and Management

Featured Reviews

Bhavna Aarna

Senior Software Engineer at J.P Morgan

Planning has become faster and financial teams collaborate seamlessly on annual budgets

The planning efficiency with IBM Planning Analytics is very quick, and data processing can be done efficiently. I also appreciate that it is an AI-based tool for our business, which software mainly focuses on business planning and future forecasting. The best features of IBM Planning Analytics include that the software helps us in doing budget planning. Some of the valuable features of IBM Planning Analytics are its intuitive and user-friendly interface, reporting output and scheduling, access control and security, and mobile capabilities. IBM Planning Analytics has positively impacted my organization as we have noticed specific improvements since we started using it. We are able to forecast the budget for the entire year with significant time savings. All the complex data is easily processed, and with Excel add functionality, it is easier to have all the data in one place, which can be read by pivot or data visualization. The data protection protocols are well set up. Planning efficiency is very good as we can seamlessly plan and work on all budgets on time. By using IBM Planning Analytics, we have been able to automate manual processes, where we have saved time, especially through automating dashboards. It has also increased the activity of the planning team and provided us with ad hoc reporting capabilities.

Read full review

Bhavya N

Senior System Engineer at Infosys

Ensuring efficient data analysis and reporting while identifying areas for calculation and export improvements

The features of Oracle Essbase are valuable, such as its multi-dimensional database used for dynamic calculations and reporting purposes. These features are valuable because they support multi-dimensional data views, allowing users to analyze relationships across various data categories and establish a comprehensive perspective on business operations. Moreover, dynamic calculations allow real-time data analysis, significantly improving the accuracy and depth of financial insights. I have utilized Essbase's data aggregation capabilities. The Oracle Essbase interface provides a good user experience, allowing users to easily navigate and analyze data with fast query performance, effective data visualization tools such as charts, graphs, and tables, and flexibility for customizable analysis and reporting, including the ability to create ad hoc reports. The benefits of the interface include improving productivity and enhancing decision-making.

Read full review

Quotes from Members

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

Pros

"Navigating through the data to make analysis is really quick."

"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"

"This level of stability is crucial for a product like Cognos TM1, as using an unstable platform would result in loss of time."

"Planning Analytics' best features include automatic updates and slicing."

"It's a very stable, robust product."

"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."

"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."

"The tool is flexible."

More IBM Planning Analytics pros

"Essbase is extremely stable and low-maintenance."

"It is highly efficient and easily scalable, particularly for handling large databases."

"The solution is scalable."

"It helps us fetch specific data sets per users' requirements."

"Oracle's capability to define custom hierarchies and dimensions has helped my organization in performing nuanced data exploration and advanced modeling because we use Oracle Essbase for dimension definition and also to define the properties of these members, such as dynamic members, stored members, shared members."

"Oracle Essbase is a web integration system that integrates with other data systems."

"It is very fast compared to other normal databases, like SQL and MySQL."

"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."

More Oracle Essbase pros

Cons

"Extracting data is a little slow."

"The tool's transport layer could be improved when promoting development between environments."

"IBM Planning Analytics could be improved by simplifying the learning curve, as it requires a lot of time to learn and master it."

"The dashboard is very poor and needs a lot of improvement."

"The local authentication part is difficult to manage in the product, making it an area where improvements are required."

"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."

"If we talk only about the TM1 engine, it's quite rich and possibly too rich, making it complex to perform simple tasks."

"The workspace API should be improved and documented so we know better which objects are used."

More IBM Planning Analytics cons

"A significant area for improvement in Oracle Essbase is that financial statement analysis, CAPEX and OPEX analysis, and financial consolidation must be done manually, as Oracle Essbase doesn't include the financial consolidation module that is available in EPM."

"It's an expensive product to use."

"The main concern is that Oracle is ending on-premises server support, so it would be better if there was a cloud platform available for Oracle Essbase."

"They should improve the solution's performance."

"There is room for improvement in terms of cost-effectiveness."

"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."

"The consolidation engine, which is HFM or FCCS, needs some room for improvement."

"The initial setup is pretty complex."

More Oracle Essbase cons

Pricing and Cost Advice

"Our licensing cost is approximately $50,000.00 per year."

"IBM Planning Analytics is priced well, and licensing costs are yearly."

"I would rate the tool's pricing a nine out of ten since it's expensive."

"The license of this solution is paid annually. Most of my customers choose a license that includes support."

"It is a bit expensive, but you get what you are paying for."

"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."

"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."

"The solution is expensive."

"Essbase is competitively priced."

"It is a costly solution."

"I believe the licensing is on a monthly base."

See which vendors are best for you

Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.

See recommendations

881,082 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

17%

Manufacturing Company

11%

Retailer

Insurance Company

Financial Services Firm

20%

Insurance Company

Computer Software Company

Retailer

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	16
Midsize Enterprise	4
Large Enterprise	12

By reviewers
Company Size	Count
Small Business	4
Midsize Enterprise	1
Large Enterprise	14

Questions from the Community

What do you like most about IBM Planning Analytics?

The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.

See all answers

What is your experience regarding pricing and costs for IBM Planning Analytics?

While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly. Comparatively, IBM rates may be better than those of competitors, such as Hyperion ( /pro...

See all answers

What needs improvement with IBM Planning Analytics?

IBM is behind competitors like Tableau ( /products/tableau-reviews ) and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties. IBM's visualizatio...

See all answers

What is your experience regarding pricing and costs for Oracle Essbase?

It's not that expensive, but also not cheap. I'm not sure because it's a private license.

See all answers

What needs improvement with Oracle Essbase?

A significant area for improvement in Oracle Essbase is that financial statement analysis, CAPEX and OPEX analysis, and financial consolidation must be done manually, as Oracle Essbase doesn't incl...

See all answers

What is your primary use case for Oracle Essbase?

The initial setup of Oracle Essbase is dependent on whether you select BSO or ASO cubes. First, you need to set up the type of information and once the type of cubes is defined, you need to define ...

See all answers

Comparisons

Microsoft Power BI vs IBM Planning Analytics

Compared 15% of the time

SAP Analytics Cloud vs IBM Planning Analytics

Compared 12% of the time

Anaplan vs IBM Planning Analytics

Compared 9% of the time

IBM Cognos vs IBM Planning Analytics

Compared 6% of the time

OneStream XF vs IBM Planning Analytics

Compared 3% of the time

More IBM Planning Analytics Competitors

Microsoft Power BI vs Oracle Essbase

Compared 21% of the time

SAP Analytics Cloud vs Oracle Essbase

Compared 9% of the time

IBM Cognos vs Oracle Essbase

Compared 8% of the time

Tableau Enterprise vs Oracle Essbase

Compared 6% of the time

Jedox vs Oracle Essbase

Compared 5% of the time

More Oracle Essbase Competitors

Product Reports

Buyer's Guide

IBM Planning Analytics

January 2026

Download IBM Planning Analytics product report

Buyer's Guide

Oracle Essbase

January 2026

Download Oracle Essbase product report

Also Known As

Cognos TM1, IBM Cognos TM1

Essbase

Overview

IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.

Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.

IBM

Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications.

Oracle

Sample Customers

ManpowerGroup, Convergys, AIG, Orchard Brands, Citibank, InterGen, Northwestern University, EF Education First, Ironside, Bazan Group, CSOB Insurance, Macquarie Group, Charles Stanley, SATO, Government of Sint Maarten, BMW Financial Services

CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo S.A., PCCW Ltd., QDQ media S.A.U., Boiron Italia, Specialized Bicycle Components Inc., Akindo Sushiro Co. Ltd., Air Canada, Daelim Industrial Co. Ltd.

Buyer's Guide

Business Performance Management

December 2025

Download Free Report

Find out what your peers are saying about Oracle, Anaplan, Domo and others in Business Performance Management. Updated: December 2025.

DOWNLOAD NOW

881,082 professionals have used our research since 2012.

We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.