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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
6.8
Number of Reviews
28
Ranking in other categories
BI (Business Intelligence) Tools (13th), Data Visualization (10th)
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 2.3% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 1.2% mindshare, up 1.1% since last year.
BI (Business Intelligence) Tools Mindshare Distribution
ProductMindshare (%)
Oracle Analytics Cloud1.2%
Microsoft Power BI9.3%
Tableau Enterprise6.7%
Other82.8%
BI (Business Intelligence) Tools
Database Development and Management Mindshare Distribution
ProductMindshare (%)
Oracle Essbase1.2%
Redgate SQL Toolbelt Essentials4.5%
Spotlight4.0%
Other90.3%
Database Development and Management
 

Featured Reviews

DavidMalizia - PeerSpot reviewer
Head Of Data And Ai at a tech services company with 11-50 employees
Data projects have grown rapidly and support complex analytics and quick dashboard delivery
Some things that could be improved in Oracle Analytics Cloud is definitely the way it works. In some cases, for example, if you want to create analytic functions such as the percentage of a measure over another, which is a straightforward question you might ask, it appears simple to do, but the result is not what you expect. I would make it more user-friendly in terms of creating new measures. The measure creation feature could be improved. In terms of functionality, there are not many functions that are completely missing. There is one aspect that if you compare it with Power BI from Microsoft, which works completely in memory and therefore puts everything in memory to allow many calculations on the fly on what is in memory, that is missing, but it is architecturally different and would not be possible to ask for something like that. Some time features and time series analysis functions could be improved. Calculating a year ago and previous period functions could definitely work with some improvement.
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

"The solution is user-friendly."
"I have found that the scalability quality of Oracle Analytics Cloud works extremely well."
"Data preparation is fantastic and fast. We were able to use multiple data sources and prepare the data quickly."
"The specific capability I find important in Oracle Analytics Cloud is that it allows the basic user to easily drag and drop data. I also like that the solution allows the user to decide what to measure and what to see in the reports."
"The solution can scale."
"It's valuable feature is that it is user-friendly and doesn't require much time for understanding. The solution is stable. The initial setup was straightforward."
"Oracle Analytics Cloud is not very user-friendly, however, it is robust and capable of performing a wide range of tasks."
"The technical support is excellent, and they respond quickly."
"The solution is stable and reliable."
"The solution is scalable."
"Essbase is a multidimensional database (MOLAP) is undoubtedly leading in that space."
"With Oracle Essbase, everything is centralized in a comprehensive financial statement analysis, allowing for complete management of budget, actuals analysis, and forecast."
"It is highly efficient and easily scalable, particularly for handling large databases."
"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 very fast compared to other normal databases, like SQL and MySQL."
"Essbase is extremely stable and low-maintenance."
 

Cons

"The product could benefit from increased flexibility compared to other vendors."
"It is less scalable than Snowflake."
"This solution could be more adaptable in its application."
"The price of the solution could be lower."
"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."
"The solution could be more flexible."
"Its machine learning and visualization capabilities can be improved. There should be more visualization options."
"As with most BI tools, the visualizations can be made much nicer. Currently, it has standard visualizations. They've been adding new visualizations, but we see animated visualizations from other vendors. It would be nice to have similar visualizations, such as the swarming visualizations, which are fairly new and very popular at the moment. I haven't seen that with Oracle. That would be nice."
"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
"I would like to see an integration with application performance management and a version control management tool."
"The ability to drive external reporting out for development could be improved."
"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."
"It's an expensive product to use."
"Variable attributes functionality needs to be incorporated in Planning, though it is available in Essbase I believe it is still not in Planning."
"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."
 

Pricing and Cost Advice

"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."
"A highly cost-effective solution"
"It is an expensive platform."
"We pay on a monthly basis and it is $10 per user each month."
"I rate the product's pricing a nine on a scale of one to ten, where one is cheap, and ten is expensive."
"I would rate it a five out of five in terms of the value received for the price charge."
"The price is reasonable; it's quite a bit lower than Tableau and Spotfire."
"The tool's pricing is not unreasonable or non-competitive."
"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
12%
Financial Services Firm
9%
Manufacturing Company
8%
Computer Software Company
6%
Financial Services Firm
20%
Manufacturing Company
7%
Insurance Company
7%
Retailer
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business13
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?
Pricing for Oracle Analytics Cloud works with how much you want it to cost. We have clients who have bought large amounts of Oracle and the price per product has gone down massively because they bo...
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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