We performed a comparison between IBM Planning Analytics and Oracle Essbase based on real PeerSpot user reviews.
Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management."Planning Analytics' best features include automatic updates and slicing."
"The most valuable feature is that it is able to slice and dice the data."
"It's a very stable, robust product."
"Navigating through the data to make analysis is really quick."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"All the different platforms are well integrated."
"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."
"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"
"The solution is scalable."
"The solution is stable and reliable."
"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 can handle a large volume of data."
"I have found the most valuable aspect is the user-friendly environment and current features."
"It is very fast compared to other normal databases, like SQL and MySQL."
"It's wonky, and not super user-friendly with Excel."
"The dashboard is very poor and needs a lot of improvement."
"The tool's transport layer could be improved when promoting development between environments."
"It is a bit expensive, but it does the job."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."
"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."
"Adding predefined templates could be beneficial."
"There is room for improvement in terms of cost-effectiveness."
"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 ability to drive external reporting out for development could be improved."
"It's an expensive product to use."
"The reporting tool of Essbase needs improvement."
"They should improve the solution's performance."
"The initial setup could be simplified."
"I would like to see an integration with application performance management and a version control management tool."
IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while Oracle Essbase is ranked 10th in Database Development and Management with 12 reviews. IBM Planning Analytics is rated 8.6, while Oracle Essbase is rated 8.4. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". 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 Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and Alteryx, whereas Oracle Essbase is most compared with Microsoft Power BI, SAP BusinessObjects Business Intelligence Platform, SAP Analytics Cloud, Tableau and Oracle Analytics Cloud.
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