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."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."
"Navigating through the data to make analysis is really quick."
"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."
"All the different platforms are well integrated."
"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."
"I have found the most valuable aspect is the user-friendly environment and current features."
"It helps us fetch specific data sets per users' requirements."
"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."
"The solution can handle a large volume of data."
"The solution is stable and reliable."
"Essbase is extremely stable and low-maintenance."
"It is highly efficient and easily scalable, particularly for handling large databases."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"The dashboard is very poor and needs a lot of improvement."
"The tool should include features for prediction. It can also improve the scalability."
"It would have been better if the solution was not just a tool kit."
"It's wonky, and not super user-friendly with Excel."
"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."
"It is a bit expensive, but it does the job."
"Extracting data is a little slow."
"I would like to see an integration with application performance management and a version control management tool."
"The initial setup is pretty complex."
"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 initial setup could be simplified."
"The ability to drive external reporting out for development could be improved."
"It's an expensive product to use."
"They should improve the solution's performance."
IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Oracle Essbase is ranked 10th in Database Development and Management with 10 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 "It is easy to use and receives patch updates on regular intervals ". 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 Oracle OBIEE.
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