IBM Cognos vs Oracle Essbase comparison

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9,140 views|5,304 comparisons
91% willing to recommend
Oracle Logo
182 views|131 comparisons
100% willing to recommend
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Executive Summary

We performed a comparison between IBM Cognos and Oracle Essbase based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools.
To learn more, read our detailed BI (Business Intelligence) Tools Report (Updated: May 2024).
772,649 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
"A positive feature is Report Studio, where we create beautiful, complex reports.""Dashboarding, reporting, and ad hoc reporting are the valuable features of IBM Cognos.""IBM Cognos improves the effectiveness of the sales team.""A drag-and-drop interface for selecting creating ad hoc reports makes this product very easy to use.""The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.""One of the strong suits of Cognos is its robust corporate reporting capability.""The most valuable feature of IBM Cognos is security. The solution has updated features that other competitors' solutions come out with long after IBM Cognos has had them.""The most valuable feature is developing reports from different data sources, making it a reliable data source."

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"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.""I have found the most valuable aspect is the user-friendly environment and current features.""It is highly efficient and easily scalable, particularly for handling large databases.""The solution is stable and reliable.""The solution is scalable.""Essbase is extremely stable and low-maintenance.""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."

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Cons
"We need more predictive analytical functions, not only diagnostic or decryptic analytics.""Cognos charts are not as fast as those of the other tools, even with DQM (dynamic query mode).""There are a lot of limitations with the out-of-the-box tool.""There are some problems with how Cognos handles huge data sets and when connecting with multiple sources and searching the data.""I would like for the platform to become more standard. If we make a development on our report and our dashboard, it will not be used in another solution. That means there is no portability for the developers.""It would be better if it is was easier to implement without extensive training for it.""There are many problems with the product's stability part, making it an area where improvements are required.""The technical support team’s response time is slow and needs to be improved."

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"The initial setup is pretty complex.""The reporting tool of Essbase needs improvement.""It's an expensive product to use.""There is room for improvement in terms of cost-effectiveness.""I would like to see an integration with application performance management and a version control management tool.""The initial setup could be simplified.""They should improve the solution's performance.""The consolidation engine, which is HFM or FCCS, needs some room for improvement."

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Pricing and Cost Advice
  • "There is need to assess the purchase license accordingly so as to avoid audit penalties."
  • "The pricing and licensing policies are comparatively cheaper than other products in the market ."
  • "IBM Cognos offers competitive pricing similar to other BI vendors in the market."
  • "Pricing should be improved."
  • "The pricing of this product is meant for medium to large-scale enterprises."
  • "It is my understanding that the cost is very low. It's not very expensive."
  • "Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."
  • "It is quite pricy. I think Microsoft BI is cheaper. Tableau might also be cheaper, but it also depends on the usage. If you have very many users, Cognos can be a problem. It could be cheaper than Tableau but not for so many users. If you have a few thousand users, Tableau, which is generally quite expensive, can be cheaper than Cognos."
  • More IBM Cognos Pricing and Cost Advice →

  • "Essbase is competitively priced."
  • "I believe the licensing is on a monthly base."
  • "It is a costly solution."
  • "The solution is expensive."
  • More Oracle Essbase Pricing and Cost Advice →

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    Comparison Review
    Anonymous User
    Questions from the Community
    Top Answer:It depends on the Data architecture and the complexity of your requirement Some great tools in the market are Qlik Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos… more »
    Top Answer:The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.
    Top Answer:The tool does not have much documentation on the internet. It is not easy to resolve issues by finding the reason for the problem on the internet. The tool needs to have more documentation on the… more »
    Top Answer:It is a costly solution. This is because we require high-performance servers with substantial CPU and RAM capacities to handle our extensive datasets effectively.
    Top Answer:There is room for improvement in terms of cost-effectiveness.
    Top Answer:We are a telecommunications company operating in Iran, and we manage a vast amount of data related to our network infrastructure. We have hundreds of data points specifically pertaining to our network… more »
    Ranking
    Views
    9,140
    Comparisons
    5,304
    Reviews
    13
    Average Words per Review
    449
    Rating
    8.2
    Views
    182
    Comparisons
    131
    Reviews
    8
    Average Words per Review
    562
    Rating
    8.4
    Comparisons
    Also Known As
    Cognos, Cognos Analytics, IBM Cognos Analytics
    Essbase
    Learn More
    Overview

    IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

    IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

    IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

    • IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.

    • IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.

    • IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.

    • IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.

    • IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.

    • IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

    Reviews from Real Users

    IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

    Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

    Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications.

    Sample Customers
    More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.
    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.
    Top Industries
    REVIEWERS
    Financial Services Firm14%
    Computer Software Company11%
    Insurance Company8%
    Healthcare Company8%
    VISITORS READING REVIEWS
    Educational Organization58%
    Financial Services Firm7%
    Computer Software Company5%
    Government4%
    REVIEWERS
    Financial Services Firm44%
    Retailer22%
    Computer Software Company11%
    Comms Service Provider11%
    VISITORS READING REVIEWS
    Financial Services Firm23%
    Computer Software Company9%
    Manufacturing Company9%
    Retailer7%
    Company Size
    REVIEWERS
    Small Business23%
    Midsize Enterprise15%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business8%
    Midsize Enterprise62%
    Large Enterprise31%
    REVIEWERS
    Small Business29%
    Large Enterprise71%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise10%
    Large Enterprise75%
    Buyer's Guide
    BI (Business Intelligence) Tools
    May 2024
    Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle Essbase is ranked 10th in Database Development and Management with 12 reviews. IBM Cognos is rated 8.0, while Oracle Essbase is rated 8.4. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of Oracle Essbase writes " Handles a huge amount of data at a time and offers good processing speed". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, Oracle Hyperion and SAP BusinessObjects Business Intelligence Platform, whereas Oracle Essbase is most compared with Microsoft Power BI, SAP BusinessObjects Business Intelligence Platform, SAP Analytics Cloud, IBM Planning Analytics and Databricks.

    We monitor all BI (Business Intelligence) Tools 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.