We performed a comparison between Oracle Essbase and Teradata Data Lab based on real PeerSpot user reviews.
Find out what your peers are saying about Oracle, Quest Software, SolarWinds and others in Database Development and Management."It helps us fetch specific data sets per users' requirements."
"It is highly efficient and easily scalable, particularly for handling large databases."
"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."
"Essbase is extremely stable and low-maintenance."
"The solution is stable and reliable."
"It is very fast compared to other normal databases, like SQL and MySQL."
"I have found the most valuable aspect is the user-friendly environment and current features."
"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."
"In Data Lab, you can schedule any testing you want to do in production. You can take a small subset of data from production, copy it there, and run all your tests. It reduces your testing costs because it's all in the lab."
"It has increased the speed of reporting."
"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."
"It's an expensive product to use."
"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 initial setup is pretty complex."
"The initial setup could be simplified."
"They should improve the solution's performance."
"I would like to see an integration with application performance management and a version control management tool."
"Their level of technical support is adequate. It could be better."
"If I want to implement an upgrade, I'd like to see how it will be different. Ideally, Data Lab should help me test production items and also do future things. Future releases should be downloadable and testable in Data Lab."
"The initial setup was complex as we had to rewrite a lot of the code."
Earn 20 points
Oracle Essbase is ranked 10th in Database Development and Management with 12 reviews while Teradata Data Lab is ranked 31st in BI (Business Intelligence) Tools. Oracle Essbase is rated 8.4, while Teradata Data Lab is rated 8.6. The top reviewer of Oracle Essbase writes " Handles a huge amount of data at a time and offers good processing speed". On the other hand, the top reviewer of Teradata Data Lab writes "You can schedule any testing you want to do in production". Oracle Essbase is most compared with Microsoft Power BI, SAP BusinessObjects Business Intelligence Platform, SAP Analytics Cloud, IBM Planning Analytics and Tableau, whereas Teradata Data Lab is most compared with Teradata Vantage, Databricks, Microsoft Power BI, Tableau and Oracle DataScience.com Platform.
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