Domo vs Oracle Hyperion comparison

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Read 35 Domo reviews
260 views|230 comparisons
86% willing to recommend
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3,272 views|2,140 comparisons
87% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Domo and Oracle Hyperion based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Domo vs. Oracle Hyperion Report (Updated: May 2024).
772,679 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The ease of use, overall, is one of the valuable features, as is the ease of setup. Other than making sure IT was aware of, and agreed with our proceeding, we did not need IT for any of the setup. The ease of setup is more valuable than you might think. The ease of configuring the security policies, setting up groups, and setting up personalized data permissions so that only certain people can see certain data — that stuff is amazing... Domo really is extraordinarily full-featured, but it's really easy to use.""I mostly see it as an ETL which has many system connectors. It does a good job of ETL.""The dashboarding itself was pretty easy. So both the front and the back end were positive in this case.""The user interface is quite good.""The ability to create custom connectors was useful because you never know, with customers, what platform they want to utilize or what data they have. It gave us a lot of flexibility in being able to bring data in from different places.""The ETL tools they have in Redshift are pretty awesome... I can work in Redshift to get the data from AWS and work in Redshift, in Domo, to create Transforms and the data structure we need...""The dashboard is the most valuable feature and allows for customization to create and share reports.""In general, Domo is very powerful and very easy to use, relatively speaking."

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"Scalability is one of this solution's big plus points.""This is a customizable product. Our implementation was designed to fit our needs.""The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting.""The most valuable features are those associated with modules and SP, IT in this space, planning, HFM, and PME.""Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard.""The stability is fine and quite user friendly.""We like the reporting and tracking of financials.""We have found there is excellent stability with Oracle Hyperion."

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Cons
"I would like to see more flexibility in their pricing structure. The trend is moving from database pricing to a user-license pricing model. That would be a benefit if they wanted to reevaluate their pricing structure.""It is expensive.""The ETL way of storing is not up to mark. You have to rely on the naming convention that you're using in Domo because there are no folder systems where you can collate all your workflows and put them into separate folders. A folder system should be there so you can easily identify how you are working. Once you want to make some changes to your ETL, then you can see the whole lineage, identifying what is there and not there.""In terms of the analytics, there is quite a limited set of options when using Domo. Whereas with Tableau we can perform heavy statistical computations, Domo doesn't have that capability. Domo is quite limited on that side.""It's quite slow. We are using about 2,000,000 rows of data. Creating certain reports takes almost a couple of minutes, which should not be the case.""It is very difficult too, if we do have specific requests or errors that we can't get figure out - especially when it comes to the development platform, developing custom connectors or doing any kind of API work, custom cards - in that there's a lag in the response time.""They should include service-based reporting features.""The preconfigured apps need to be more relevant to allow one, out of the box, to load data in order to use pre-set reports/views."

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"The Oracle technical support in our area is terrible.""This solution's stability is a little problematic.""Their documentation could be a little bit more descriptive at places. They don't really do a lot of How-Tos because that gets pushed through to the consulting groups. There have been some books. There is a real good one out there about how to look smarter than you are with Hyperion Planning that some people at a company called ArganoInterRel wrote. Those things do exist, but that's not in their documentation. It's basically like they'll say, "This is the field. This is what it's used for," but they don't tell you how to particularly use it in your case environment.""The analytical side of the product could be better and needs to be improved.""There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually.""The user interface is in need of improvement. The forms should be more user-friendly.""What I like is to have everything on one platform and not in different modules like Oracle Hyperion.""The forecasting of values could be simplified in this solution."

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Pricing and Cost Advice
  • "I believe that the investment in Domo was worthwhile because it allowed for the organization to jump in quickly, with little training. There are different plans available based on the requirements."
  • "They've built an "app economy." Some of them are really expensive, so they're not for startups and smaller companies. They're more like enterprise tools. We couldn't afford some of them, because they were so crazy expensive. But if I was working for a bank, insurance company, or some bigger corporation then, for sure, you could justify those prices... It was silly expensive back then and it probably still is, or even more expensive."
  • "We are making money from Domo, and all our clients are happy with the information that they receive from it."
  • "It is on the pricier end."
  • "Domo is slightly costly but it's much cheaper than some."
  • "I'm not sure about pricing, but I believe Domo is quite costly. Prior to joining this organization, I had a Domo license with my former employer and I think that license was around $500 to $600 annually. That was for a single license. I think it varies, depending on the organization that is acquiring Domo."
  • "For about 100 users our cost is $95,800."
  • "Because it's software as a service, it's more expensive on the face of it. But there are a lot of variables. I don't have to pay for servers or for infrastructure. I don't have to pay labor for my IT organization to set up or maintain the environment. I don't have to pay for them to upgrade the software, and test it, etc., because when it rolls out, it is transparent and seamless for us. But, because of that, it costs more, I imagine, than Sisense, or Yellowfin, or Power BI. A lot of those make it sound like they're inexpensive, but when you add in all the hidden costs and all of the overhead, it's probably comparable."
  • More Domo Pricing and Cost Advice →

  • "As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
  • "Compared with MSBA, it is quite reasonable."
  • "To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
  • "We pay for licensing yearly."
  • "Oracle Hyperion is not an inexpensive solution."
  • "The licenses cost approximately $1,000."
  • "The solution is affordable."
  • "Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
  • More Oracle Hyperion Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:All our client SLAs and daily and weekly dashboards are tracked on Domo.
    Top Answer:Domo can be crazy expensive.  They have a lot of capabilities but depending on the pricing model you have, either they nickel-and-dime you for add-ons or charge you for each job execution under the… more »
    Top Answer:If Domo had a Copilot feature, you could interact with the graphs and talk to the graphs and tables.
    Top Answer:We can collect data from various sources, which is very useful for budgeting and planning.
    Top Answer:They could support machine learning algorithms for the product. Such functionality would make operations easier for finance executives in the next five years. They are trying to edit the functions… more »
    Top Answer:Our primary use case for the product involves supporting customers in constructing forecasting models within the Oracle Hyperion platform.
    Ranking
    Views
    260
    Comparisons
    230
    Reviews
    9
    Average Words per Review
    694
    Rating
    7.9
    Views
    3,272
    Comparisons
    2,140
    Reviews
    10
    Average Words per Review
    581
    Rating
    7.8
    Comparisons
    Tableau logo
    Compared 49% of the time.
    Microsoft Power BI logo
    Compared 32% of the time.
    Databricks logo
    Compared 5% of the time.
    Looker logo
    Compared 3% of the time.
    Tableau logo
    Compared 23% of the time.
    IBM Cognos logo
    Compared 16% of the time.
    Anaplan logo
    Compared 13% of the time.
    Oracle HFM logo
    Compared 10% of the time.
    Axiom EPM logo
    Compared 1% of the time.
    Also Known As
    corda
    Hyperion
    Learn More
    Overview

    Domo is a cloud-based, mobile-first BI platform that helps companies drive more value from their data by helping organizations better integrate, interpret and use data to drive timely decision making and action across the business. The Domo platform enhances existing data warehouse and BI tools and allows users to build custom apps, automate data pipelines, and make data science accessible for anyone through automated insights that can be shared with internal or external stakeholders.

    Find more information on The Business Cloud Here.

    Oracle Business Analytics Suite.
    Sample Customers
    Capco, SABMiller, Stance, eBay, Sage North America, Goodwill Industries of Central Indiana, Telus, The Cliffs, OGIO International Inc., and many more!
    ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
    Top Industries
    REVIEWERS
    Retailer12%
    Computer Software Company12%
    Financial Services Firm12%
    Media Company8%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company10%
    University7%
    Retailer7%
    REVIEWERS
    Manufacturing Company18%
    Retailer15%
    Financial Services Firm12%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company12%
    Financial Services Firm11%
    Retailer6%
    Company Size
    REVIEWERS
    Small Business36%
    Midsize Enterprise25%
    Large Enterprise39%
    VISITORS READING REVIEWS
    Small Business28%
    Midsize Enterprise15%
    Large Enterprise57%
    REVIEWERS
    Small Business28%
    Midsize Enterprise11%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise12%
    Large Enterprise68%
    Buyer's Guide
    Domo vs. Oracle Hyperion
    May 2024
    Find out what your peers are saying about Domo vs. Oracle Hyperion and other solutions. Updated: May 2024.
    772,679 professionals have used our research since 2012.

    Domo is ranked 10th in Business Performance Management with 35 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews. Domo is rated 7.8, while Oracle Hyperion is rated 8.0. The top reviewer of Domo writes "Robust, powerful, and easy to use". On the other hand, the top reviewer of Oracle Hyperion writes "A world-class solution that provides a lot of functionality out of the box and also allows you to customize it to meet your needs". Domo is most compared with Tableau, Microsoft Power BI, Databricks and Looker, whereas Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and Axiom EPM. See our Domo vs. Oracle Hyperion report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.