We performed a comparison between IBM Planning Analytics and Oracle Hyperion based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The most valuable feature is that it is able to slice and dice the data."
"The tool is flexible."
"It's a very stable, robust product."
"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."
"All the different platforms are well integrated."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"The product's stability is good."
"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."
"It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that."
"It's basically the same as the other budgeting solutions."
"Oracle Hyperion is an engine allowing you to build whatever you want on it."
"It's a very good program and it's useful for consolidation."
"The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."
"Scalability isn't a problem for Hyperion."
"We have found there is excellent stability with Oracle Hyperion."
"Scalability is one of this solution's big plus points."
"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."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"Extracting data is a little slow."
"Planning Analytics could be improved by adding automation features."
"It would have been better if the solution was not just a tool kit."
"It's wonky, and not super user-friendly with Excel."
"The tool's transport layer could be improved when promoting development between environments."
"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."
"I would like to see more integrations with third-party vendors such as BigSense and SAP. I'm looking forward to seeing more interface-related content."
"There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."
"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage."
"The forecasting of values could be simplified in this solution."
"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."
"I found the initial setup to be complex."
"The user interface is in need of improvement. The forms should be more user-friendly."
"The initial setup of Oracle Hyperion is very difficult."
IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. IBM Planning Analytics is rated 8.6, while Oracle Hyperion is rated 8.0. 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 Hyperion writes "A world-class solution that provides a lot of functionality out of the box and also allows you to customize it to meet your needs". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and Tableau, whereas Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and Oracle Planning and Budgeting Cloud. See our IBM Planning Analytics vs. Oracle Hyperion report.
See our list of best Business Performance Management vendors.
We monitor all Business Performance Management 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.
