Oracle Essbase vs Workday Prism Analytics comparison

The compared Oracle and Workday solutions aren't in the same category. Oracle is ranked #12 in DDM , with an average rating of 7.9, and holds a 1.3% mindshare in the category. Workday is ranked #18 in BIT , with an average rating of 9.0, and holds a 1.0% mindshare. Additionally, 100% of Oracle users are willing to recommend the solution, compared to 100% of Workday users who would recommend it.

Oracle Essbase

Read 18 Oracle Essbase reviews

2,450 Views
564 Comparison Views

100% willing to recommend

Workday Prism Analytics

Read 5 Workday Prism Analytics reviews

2,227 Views
1,893 Comparison Views

100% willing to recommend

Oracle Essbase

Workday Prism Analytics

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Oracle Essbase and Workday Prism Analytics based on real PeerSpot user reviews.

Find out what your peers are saying about Nutanix, Quest Software, Oracle and others in Database Development and Management.

To learn more, read our detailed Database Development and Management Report (Updated: April 2026).

Buyer's Guide

Database Development and Management

April 2026

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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 Essbase

Average Rating

8.2

Reviews Sentiment

4.6

Number of Reviews

Ranking in other categories

Database Development and Management (12th)

Workday Prism Analytics

Average Rating

8.6

Reviews Sentiment

7.6

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (18th)

Mindshare comparison

Oracle Essbase and Workday Prism Analytics aren’t in the same category and serve different purposes. Oracle Essbase is designed for Database Development and Management and holds a mindshare of 1.3%, up 1.0% compared to last year.
Workday Prism Analytics, on the other hand, focuses on BI (Business Intelligence) Tools, holds 1.0% mindshare, down 1.9% since last year.

Database Development and Management Mindshare Distribution
Product	Mindshare (%)
Oracle Essbase	1.3%
Redgate SQL Toolbelt Essentials	4.2%
Oracle Enterprise Manager	4.0%
Other	90.5%

Database Development and Management

BI (Business Intelligence) Tools Mindshare Distribution
Product	Mindshare (%)
Workday Prism Analytics	1.0%
Microsoft Power BI	8.1%
Tableau Enterprise	6.2%
Other	84.7%

BI (Business Intelligence) Tools

Featured Reviews

Bhavya N

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.

Read full review

Sarvesh Kumar Jha

Senior Technology Consultant at PricewaterhouseCoopers

Provides great flexibility in terms of data transformation

I really like the flexibility the solution provides in terms of data transformation. Workday introduced Prism Analytics mainly because many clients wanted to merge data from different systems and then work with it to get some insights out of it. For that, they previously used tools like Power BI. Workday Prism Analytics gives you the power to do all the data transformations within Workday itself without taking out crucial data to a third system. I really like the way Workday has enabled Prism Analytics to be that one solution where you can bring everything. It also provides you the flexibility that things like the security model of Workday are still in place. You don't have to redo your security configuration if you do the data transformation outside Workday.

Read full review

Quotes from Members

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

Pros

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

"It provides for faster and more assertive forecast cycles and enables businesses to improve their process since with this tool, you can do things easily and quicker as the business can create more complex models than were possible before."

"Oracle Essbase enables organizations to take their strategic decisions, which helps them make the right decisions at the right time."

"It is my opinion, it is more comfortable in Oracle rather than a SQL server."

"The solution can handle a large volume of data."

"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."

"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."

More Oracle Essbase pros

"The customer service and support are pretty good."

"Feature-wise, I feel that the solution's stability is good."

"I really like the flexibility the solution provides in terms of data transformation."

"The solution is stable and reliable, with minimal issues affecting its performance."

"The product is easier to use compared to other applications."

Cons

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

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

"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 reporting tool of Essbase needs improvement."

"The initial setup is pretty complex."

"The technical support for EPM is bad. I don't remember anytime that the service support helped me in something."

More Oracle Essbase cons

"There is not much flexibility in how we can add external data within Workday Prisma Analytics."

"One area for improvement in the solution is the ability to manually update individual rows or columns of data once it has been uploaded."

"The visualization techniques must be upgraded."

"It is not a very scalable product."

"When you create certain objects, a lot of the time, the fields are text. They’re not numeric, date, or any other field type"

Pricing and Cost Advice

"The solution is expensive."

"Essbase is competitively priced."

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

"It is a costly solution."

"The solution is very expensive."

"I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules."

"Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool."

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Top Industries

By visitors reading reviews

Financial Services Firm

19%

Manufacturing Company

Insurance Company

University

Financial Services Firm

12%

Healthcare Company

Construction Company

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	4
Midsize Enterprise	1
Large Enterprise	14

No data available

Questions from the Community

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.

See all answers

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...

See all answers

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 ...

See all answers

What is your experience regarding pricing and costs for Workday Prism Analytics?

Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool. In fact, that has been one of the hindrance factors for Workday in making Prism Analytics more sellable.

See all answers

What needs improvement with Workday Prism Analytics?

I think there are still some gaps in the solution. There is not much flexibility in how we can add external data within Workday Prisma Analytics. For now, Workday has enabled the SFTP server and Am...

See all answers

What is your primary use case for Workday Prism Analytics?

As a consultant, I use Prism Analytics to implement my client systems. I first have design sessions with them, where we discuss their business gaps and then understand how Workday Prism Analytics c...

See all answers

Comparisons

Microsoft Power BI vs Oracle Essbase

Compared 15% of the time

Oracle OBIEE vs Oracle Essbase

Compared 9% of the time

Tableau Enterprise vs Oracle Essbase

Compared 9% of the time

SAP Business Data Cloud vs Oracle Essbase

Compared 7% of the time

Redgate SQL Toolbelt Essentials vs Oracle Essbase

Compared 5% of the time

More Oracle Essbase Competitors

Microsoft Power BI vs Workday Prism Analytics

Compared 24% of the time

Tableau Enterprise vs Workday Prism Analytics

Compared 14% of the time

SAP Business Data Cloud vs Workday Prism Analytics

Compared 7% of the time

Databricks vs Workday Prism Analytics

Compared 7% of the time

Oracle OBIEE vs Workday Prism Analytics

Compared 2% of the time

More Workday Prism Analytics Competitors

Product Reports

Buyer's Guide

Oracle Essbase

April 2026

Download Oracle Essbase product report

Buyer's Guide

BI (Business Intelligence) Tools

April 2026

Download Workday Prism Analytics product report

Also Known As

Essbase

Prism Analytics

Overview

Oracle Essbase provides robust multi-dimensional analysis with a strong calculation engine and aggregate storage, enabling fast calculations and swift response times for large data volumes.

Essbase offers scalable, stable multi-dimensional analysis capabilities, important for enterprises managing large datasets. Its flexibility and efficiency support detailed reporting, strategic decision-making, and advanced modeling. An intuitive interface allows fast data visualization and dynamic analysis, aiding strategic business operations. Continuous upgrades enhance performance and productivity.

What are the key features of Oracle Essbase?

Multi-dimensional Analysis: Enables complex data insights through powerful analysis capabilities.
Calculation Engine: Provides swift calculations essential for timely decision-making in business environments.
Aggregate Storage: Ensures efficient data handling, supporting fast response times and large data volumes.
Intuitive Interface: Facilitates fast visualization and enhances productivity through easy data management.

What benefits or ROI should users focus on in reviews?

Scalability: Supports growing data needs efficiently, maintaining stability.
Performance Upgrades: Continuously improves data processing speeds and system functionality.
Flexibility: Adapts to diverse reporting and analysis needs effectively.
Enhanced Productivity: Increases organizational efficiency with dynamic data analysis capabilities.

In industries like telecommunications, banking, and healthcare, Essbase is used extensively for financial management, including planning, budgeting, and reporting. It facilitates decision-making in multinational firms by supporting enterprise performance management and generating comprehensive financial statements. Users leverage it for complex data processing and intensive queries, improving operational efficiency.

Oracle

Workday Prism Analytics is a robust analytics platform offering seamless integration with Workday, allowing secure data blending from external sources such as CSV files for insightful reporting.

Workday Prism Analytics enhances data manipulation and transformation capabilities, enabling complex calculations for accurate reporting without reliance on third-party solutions. Its security configurations allow merging from different systems safely within Workday. The platform’s flexibility supports comprehensive datasets and data-driven decision-making, especially in HR and recruitment analytics. However, challenges include improving data visualization, schema printing, and external data addition. Users seek improved field types beyond text-based options and optimized methods for manual data updates. Scalability and performance with large datasets need attention to bolster efficient data analysis.

What are the key features of Workday Prism Analytics?

Stability and Intuitive Use: Offers a user-friendly interface with reliable performance.
Integration with Workday: Enables seamless data blending and manipulation within Workday ecosystem.
Data Transformation: Allows flexible and secure data merging from different systems.
Complex Calculation Support: Facilitates comprehensive reporting capabilities.

What are the expected benefits for users of Workday Prism Analytics?

Comprehensive Reporting: Eliminates need for third-party reporting solutions, providing accurate insights.
Data-Driven Decisions: Enhances decision-making through detailed data analysis.
Security Maintenance: Ensures essential security configurations during data integration.
Enhanced HR and Recruitment Analytics: Enables effective analytics for HR processes and recruitment activities.

Industries implement Workday Prism Analytics for HR and data analytics, focusing on extracting data for analysis and custom reporting. Common use includes generating KPIs and bridging gaps in client systems, such as integrating data from SAP, facilitating HR processes, recruitment, and creating reports not possible within Workday. Consultants often handle technical aspects and training, ensuring optimal use in generating insights and supporting data-driven strategies.

Workday

Sample Customers

CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo 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.

Denny's

Buyer's Guide

Database Development and Management

April 2026

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