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Jedox vs Oracle Essbase comparison

 

Comparison Buyer's Guide

Executive Summary

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

Jedox
Average Rating
8.0
Reviews Sentiment
6.7
Number of Reviews
13
Ranking in other categories
Business Performance Management (5th)
Oracle Essbase
Average Rating
8.4
Reviews Sentiment
5.5
Number of Reviews
14
Ranking in other categories
Database Development and Management (12th)
 

Mindshare comparison

Jedox and Oracle Essbase aren’t in the same category and serve different purposes. Jedox is designed for Business Performance Management and holds a mindshare of 5.4%, up 4.1% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.0% mindshare, up 0.8% since last year.
Business Performance Management
Database Development and Management
 

Featured Reviews

Riyaz Halani - PeerSpot reviewer
Powerful BI tool for analyzing financial performance and stable performance
I would rate the scalability of Jedox a seven out of ten. There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself. So that's where the main improvements lie—making it easy for people to not depend on just technical finance teams. There are almost 50 to 60 users using Jedox in our organization.
RANOJOY PAUL - PeerSpot reviewer
Stores multidimensional data, good customer support and interface is very easy
It is very fast compared to other normal databases, like SQL and MySQL. It doesn't store data in tables in the back end. To load data into Essbase, we need to prepare it in a table format. When we find the data in the table, we need to verify it. This way, you can rate the data. But Essbase stores multidimensional data. We have dimensions, which means the data belongs to some company or some time period. For example, if you work for three years, your salary should be something. In this way, we prepare top-level members called dimensions. The dimension defines your position, the year, and the section you were working in the company. We get an intersection of all these dimensions for certain data, and fetching that data is very fast in Essbase compared to normal SQL. If you store this data in a normal SQL table, you need to prepare a row with your company name, employee name, employee ID, joining date, and everything, and then you need to push it into a SQL table. You can search it using your query, but here, that thing is different. Here, you can collect data using forms, reports, and we use a Microsoft tool, which is an add-in called Smart View. Using that, you would just take that data. Here, you need to just create an integration of all these dimensions, and then only you can find the data.

Quotes from Members

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

Pros

"We can configure and have complete freedom while creating solutions."
"The ease of reporting is one of Jedox's most valuable features."
"We use the tool for performance management and planning."
"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 EPM is the most valuable feature."
"The solution is very versatile."
"The customer porting is the most valuable feature."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete 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."
"It is very fast compared to other normal databases, like SQL and MySQL."
"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."
"It helps us fetch specific data sets per users' requirements."
"Oracle Essbase is a web integration system that integrates with other data systems."
"The solution can handle a large volume of data."
"It's a very powerful analytical engine with Essbase as the back end. We can analyze, transform, or utilize a big chunk of data for our calculations."
"It is highly efficient and easily scalable, particularly for handling large databases."
 

Cons

"Jedox should improve the design and server issues."
"I don't find it particularly user-friendly."
"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."
"There is not much training for Jedox."
"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."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
"Online pixel-perfect reporting is an aspect that has room for improvement."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"The initial setup is pretty complex."
"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."
"The initial setup could be simplified."
"They should improve the solution's performance."
"The ability to drive external reporting out for development could be improved."
"The reporting tool of Essbase needs improvement."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
 

Pricing and Cost Advice

"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."
"The product’s pricing will not be suitable for setting up a small solution."
"Excellent value for money."
"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."
"The solution is expensive."
"I believe the licensing is on a monthly base."
"Essbase is competitively priced."
"It is a costly solution."
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Top Industries

By visitors reading reviews
Computer Software Company
18%
Retailer
13%
Financial Services Firm
9%
Comms Service Provider
7%
Financial Services Firm
23%
Computer Software Company
12%
Manufacturing Company
8%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about Jedox?
The ease of reporting is one of Jedox's most valuable features.
What is your experience regarding pricing and costs for Jedox?
The solution's pricing is specific to your requirements.
What needs improvement with Jedox?
There is not much training for Jedox. There was no training available in the beginning at all. I had to reach out to them so they would give us something. I think they're getting better, though. Th...
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.
What needs improvement with Oracle Essbase?
If I got the opportunity to work with Hyperion, which is the best product, I would definitely go with that. The main concern is that Oracle is ending on-premises server support, so it would be bett...
What is your primary use case for Oracle Essbase?
We provide complete ownership of this application to Walmart projects. In the UK system, we support and develop for the Asda account, known as Eltham. We provide installation and support to over 50...
 

Also Known As

Jedox EPM
Essbase
 

Overview

 

Sample Customers

BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo 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.
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