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."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 helps us fetch specific data sets per users' requirements."
"It is very fast compared to other normal databases, like SQL and MySQL."
"The solution is stable and reliable."
"Essbase is extremely stable and low-maintenance."
"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 highly efficient and easily scalable, particularly for handling large databases."
"The solution is scalable."
"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."
"There is room for improvement in terms of cost-effectiveness."
"It's an expensive product to use."
"The initial setup could be simplified."
"The reporting tool of Essbase needs improvement."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
"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 initial setup is pretty complex."
"The initial setup was complex as we had to rewrite a lot of the code."
"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."
"Their level of technical support is adequate. It could be better."
Earn 20 points
Oracle Essbase is ranked 10th in Database Development and Management with 12 reviews while Teradata Data Lab is ranked 32nd 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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