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Oracle Analytics Cloud 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

Oracle Analytics Cloud
Average Rating
8.0
Reviews Sentiment
7.0
Number of Reviews
27
Ranking in other categories
BI (Business Intelligence) Tools (15th), Data Visualization (11th)
Oracle Essbase
Average Rating
8.2
Reviews Sentiment
4.6
Number of Reviews
18
Ranking in other categories
Database Development and Management (11th)
 

Mindshare comparison

Oracle Analytics Cloud and Oracle Essbase aren’t in the same category and serve different purposes. Oracle Analytics Cloud is designed for BI (Business Intelligence) Tools and holds a mindshare of 1.2%, down 2.4% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.2% mindshare, up 1.2% since last year.
BI (Business Intelligence) Tools Market Share Distribution
ProductMarket Share (%)
Oracle Analytics Cloud1.2%
Microsoft Power BI8.9%
Tableau Enterprise6.2%
Other83.7%
BI (Business Intelligence) Tools
Database Development and Management Market Share Distribution
ProductMarket Share (%)
Oracle Essbase1.2%
Redgate SQL Toolbelt Essentials4.5%
Spotlight4.0%
Other90.3%
Database Development and Management
 

Featured Reviews

Vaclav-Biba - PeerSpot reviewer
BI/DW Consultant at Neit Consulting
Enhanced analytics through metadata-driven reporting with enterprise-level visualizations enables competitive advantage
In my opinion, what can be better in Oracle Analytics Cloud these days is primarily about pricing. I am from the Czech Republic, which is our main market. The situation here in the Czech Republic is that Power BI rules the world. There are two main reasons for this. First, speaking about the Czech Republic specifically, and second, the Power BI pricing model appears cheaper compared to Oracle Analytics Cloud. The pricing model in Microsoft is more straightforward. With Oracle, you have the data visualization and enterprise lines, and to put it simply, both appear as more expensive options for customers trying to get oriented in the segment.
Bhavya N - PeerSpot reviewer
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.

Quotes from Members

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

Pros

"This is a stable and scalable solution."
"The product is easily customized."
"The ability to quickly search for and access relevant data is crucial."
"It's great for consolidation and creating one source of truth."
"Data preparation is fantastic and fast. We were able to use multiple data sources and prepare the data quickly."
"Oracle Analytics Cloud's most valuable feature is its visualization."
"It's robust. It has the ability to handle massive amounts. After reporting has been developed, there is an ease of use or a user-friendly interface for a trained workforce."
"The advanced calculations by the tool are highly effective"
"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."
"The solution is scalable."
"It is highly efficient and easily scalable, particularly for handling large databases."
"With Oracle Essbase, everything is centralized in a comprehensive financial statement analysis, allowing for complete management of budget, actuals analysis, and forecast."
"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."
"The solution can handle a large volume of data."
"Oracle Essbase enables organizations to take their strategic decisions, which helps them make the right decisions at the right time."
"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."
 

Cons

"One area of improvement is associated with more connectors needing to be added such as Microsoft OneDrive, Teradata and a few others. I think the list is limited to the top ones now."
"It's not a failure of the product; it's just an architectural choice. It has to do with data modeling. I'm comparing this to another product, which is Oracle's developer client and probably called Oracle BI Developer Client Tool. The data modeler, which is cloud-based, and Oracle BI Developer Client Tool, which is local or on-premises-based, both can do the same thing in data modeling. However, the cloud tool does not have as many features as the Oracle BI Developer Client Tool, which is closest to the OBIEE Administration Tool with full feature data modeling, metadata development, and so forth. In a complex environment or implementation, that is the capability that you need."
"When we have, for example, a table with low performance, we have several issues with drawing some graphics in the Oracle cloud."
"Its machine learning and visualization capabilities can be improved. There should be more visualization options."
"The implementation of generative AI and machine learning should improve"
"The product should improve its user interface. It should be welcoming and modern. Developers should also find it easier to build data models. Oracle Analytics Cloud needs to have better visualizations and more options in the marketplace."
"Sharing dataflows is not possible at this time, and the custom chart functionality is not available."
"Oracle Analytics Cloud is lacking in charts. They should add more charts to it."
"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"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 ability to drive external reporting out for development could be improved."
"It's an expensive product to use."
"There is room for improvement in terms of cost-effectiveness."
"They should improve the solution's performance."
"I would like to see an integration with application performance management and a version control management tool."
"The initial setup could be simplified."
 

Pricing and Cost Advice

"The tool's pricing is not unreasonable or non-competitive."
"It is an expensive platform."
"I rate the product's pricing a nine on a scale of one to ten, where one is cheap, and ten is expensive."
"We pay on a monthly basis and it is $10 per user each month."
"I don't know the exact cost, but its pricing was good. Its pricing was competitive. I would rate it a three out of five in terms of pricing."
"The product’s pricing is expensive. However, feature-wise, it fits the requirements of enterprise customers."
"The price is reasonable; it's quite a bit lower than Tableau and Spotfire."
"Oracle Analytics Cloud's pricing is generally higher than that of other vendors."
"I believe the licensing is on a monthly base."
"Essbase is competitively priced."
"It is a costly solution."
"The solution is expensive."
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Top Industries

By visitors reading reviews
Government
14%
Financial Services Firm
9%
Manufacturing Company
8%
Computer Software Company
8%
Financial Services Firm
20%
Insurance Company
8%
Computer Software Company
7%
Manufacturing Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business12
Midsize Enterprise7
Large Enterprise11
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise1
Large Enterprise14
 

Questions from the Community

Which Oracle product is better - OBIEE or Analytics Cloud?
Oracle OBIEE is designed to be relatively easy to set up and has a helpful customer support staff at the ready to assist customers. These are two attributes that make this system quite valuable. OB...
What do you like most about Oracle Analytics Cloud?
The ability to quickly search for and access relevant data is crucial.
What is your experience regarding pricing and costs for Oracle Analytics Cloud?
The pricing of Oracle Analytics Cloud is quite expensive, fitting for a premium tool. However, the cost raises expectations for partner support that are not met, especially for smaller companies wh...
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?
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...
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 ...
 

Also Known As

Oracle Analytics Cloud Service, OAC, Oracle Data Visualization, Oracle Data Visualization Cloud Service, ODV
Essbase
 

Overview

 

Sample Customers

Sejong Hospital
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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