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."The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."
"The tool is flexible."
"Navigating through the data to make analysis is really quick."
"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 most valuable feature is that it is able to slice and dice the data."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"It's a very stable, robust product."
"Planning Analytics' best features include automatic updates and slicing."
"It helps us fetch specific data sets per users' requirements."
"The solution is stable and reliable."
"Essbase is extremely stable and low-maintenance."
"The solution can handle a large volume of data."
"It is highly efficient and easily scalable, particularly for handling large databases."
"The solution is scalable."
"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."
"I have found the most valuable aspect is the user-friendly environment and current features."
"Planning Analytics could be improved by adding automation features."
"The tool should include features for prediction. It can also improve the scalability."
"The tool's transport layer could be improved when promoting development between environments."
"Extracting data is a little slow."
"The dashboard is very poor and needs a lot of improvement."
"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."
"It is a bit expensive, but it does the job."
"I would like to see an integration with application performance management and a version control management tool."
"They should improve the solution's performance."
"It's an expensive product to use."
"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."
"The initial setup could be simplified."
"The initial setup is pretty complex."
IBM Planning Analytics is ranked 6th in Business Performance Management with 4 reviews while Oracle Essbase is ranked 10th in Database Development and Management with 8 reviews. IBM Planning Analytics is rated 8.4, while Oracle Essbase is rated 8.4. The top reviewer of IBM Planning Analytics writes "Is robust and stable, and easy to implement". On the other hand, the top reviewer of Oracle Essbase writes "Everybody uses it for financial purposes, but it can also be used for other analytic purposes, such as mathematical models, statistical models, and so on". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, IBM Cognos and OneStream XF, whereas Oracle Essbase is most compared with Microsoft Power BI, SAP BusinessObjects Business Intelligence Platform, SAP Analytics Cloud, Oracle Analytics Cloud and Tableau.
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