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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 (10th), Data Visualization (8th)
Oracle Essbase
Average Rating
8.2
Reviews Sentiment
4.6
Number of Reviews
18
Ranking in other categories
Database Development and Management (9th)
 

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 2.0%, down 2.3% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 0.8% mindshare, down 1.2% since last year.
BI (Business Intelligence) Tools Market Share Distribution
ProductMarket Share (%)
Oracle Analytics Cloud2.0%
Microsoft Power BI14.1%
Tableau Enterprise10.3%
Other73.6%
BI (Business Intelligence) Tools
Database Development and Management Market Share Distribution
ProductMarket Share (%)
Oracle Essbase0.8%
SolarWinds Database Performance Analyzer6.4%
Redgate SQL Toolbelt Essentials5.9%
Other86.9%
Database Development and Management
 

Featured Reviews

Vaclav-Biba - PeerSpot reviewer
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
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

"It plays a crucial role in facilitating decision-making for various organizational stakeholders."
"A valuable feature is the speed of the solution."
"The product is able to compare with other tools on the market; it has everything you need, everything you can find in other tools such as Tableau and Power BI, and additionally, it has history, so you get a robust solution with support."
"Mobility is the most valuable feature for us. All employees can access it from anywhere. It is a big advantage for us."
"The best feature may be data flow, which is used to prepare and clean data."
"The advanced calculations by the tool are highly effective"
"The product is able to compare with other tools on the market; it has everything you need, everything you can find in other tools such as Tableau and Power BI, and additionally, it has history, so you get a robust solution with support."
"The AI/ML enablement is useful, as many reporting tools do not offer machine learning models as of now, without writing customized code."
"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."
"It is very fast compared to other normal databases, like SQL and MySQL."
"Oracle Essbase is a web integration system that integrates with other data systems."
"I have found the most valuable aspect is the user-friendly environment and current features."
"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."
"The solution can handle a large volume of data."
 

Cons

"The scalability has room for improvement."
"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 should simplify data connectivity and modeling, making data extraction more streamlined and adaptable for diverse use cases."
"This solution could be more adaptable in its application."
"The learning curve should be improved, and I'm uncertain if tutorials are readily available or easily accessible. We may have resorted to looking on YouTube for such information. Having easily understandable documents or guides for new users would be beneficial. AI integration would be an interesting feature to add in the next release."
"The implementation of generative AI and machine learning should improve"
"The price of the solution could be lower."
"Sharing dataflows is not possible at this time, and the custom chart functionality is not available."
"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 solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"They should improve the solution's performance."
"I would like to see an integration with application performance management and a version control management tool."
"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 reporting tool of Essbase needs improvement."
 

Pricing and Cost Advice

"The tool's pricing is not unreasonable or non-competitive."
"We pay on a monthly basis and it is $10 per user each month."
"A highly cost-effective solution"
"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 product’s pricing is expensive. However, feature-wise, it fits the requirements of enterprise customers."
"It is an expensive platform."
"Oracle Analytics Cloud's pricing is generally higher than that of other vendors."
"It is a costly solution."
"I believe the licensing is on a monthly base."
"Essbase is competitively priced."
"The solution is expensive."
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Top Industries

By visitors reading reviews
Government
12%
Computer Software Company
11%
Financial Services Firm
9%
Manufacturing Company
8%
Financial Services Firm
21%
Computer Software Company
9%
Insurance Company
8%
Retailer
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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