Jedox vs Oracle Essbase comparison

"The customer porting is the most valuable feature."

"The solution is quick with analysis and calculation. The tool offers high digitalization which helps us to run the controlling department with less number of people. If the software wasn't there, I would need two to three people extra to run the department."

"The solution is very versatile."

"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."

"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."

"The ETL itself was pretty useful and it's integrated in the tenant itself. So the Olap service technology was impressive to me. In order to extract that and load it in the tube in the same tenant or the same tool that was something magnificent because I actually missed this in SEB. SEB requires another tool, and you have to integrate all the tools together. But for Jedox, it was in the one tool."

"The data entry point is most valuable. The way we can customize our report or do data entry is very good."

"We use the tool for performance management and planning."

"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."

"With Oracle Essbase, everything is centralized in a comprehensive financial statement analysis, allowing for complete management of budget, actuals analysis, and forecast."

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

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

"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."

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

"The solution is stable and reliable."

"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."

"The tool has changed its pricing and it's now too expensive for small and medium organizations. I miss the open-source version which was free and we could do a lot of things with it."

"Online pixel-perfect reporting is an aspect that has room for improvement."

"I don't find it particularly user-friendly."

"Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."

"From a development perspective, there's room for improvement in the area called the designer, where you actually build your reports to make it easier to manage the process."

"There is not much training for Jedox."

"Jedox should improve the design and server issues."

"The solution should enable a modern look and feel in the front end."

"I would like to see an integration with application performance management and a version control management tool."

"They should improve the solution's performance."

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

"The initial setup could be simplified."

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

"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."

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

"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."

"The product’s pricing will not be suitable for setting up a small solution."

"If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."

"Jedox was a bit cheaper compared to Calumo."

"Excellent value for money."

"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."

"The solution's pricing is specific to your requirements."

"It is a costly solution."

"The solution is expensive."

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

"Essbase is competitively priced."