Oracle Essbase Other Advice

Bikramjeet Singh - PeerSpot reviewer
Senior Reg Reporting Consultant at Bank of America

It is a good product. Also, it receives a patch update from the back end every quarter for maintenance purposes. I recommend the solution and rate it as an eight.

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SE
Software developer at MTNIrancell

It is highly efficient and easily scalable, particularly for handling large databases. When it comes to relational databases, they are a strong choice, scoring nine or even ten out of ten in terms of suitability.

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TH
Senior Hyperion Consultant at a financial services firm with 10,001+ employees

While the product can be used both on the cloud and on-premises, I have not tried the cloud version.

I would advise new users to make sure they do very thorough design sessions beforehand instead of just jumping into it. Planning is important in terms of success.

I'd rate the solution at an eight out of ten. We've been pretty happy with its capabilities. 

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Database Development and Management
April 2024
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SK
Project Manager at a computer software company with 51-200 employees

I would rate Oracle Essbase a seven on a scale of one to ten.

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SR
Member of management at Cyprobes

We use both cloud and on-premises deployments of the product.

I'd rate the solution eight out of ten. We've been happy with the product overall. 

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RG
EPM/BI certified Consultant, Oracle ACE and TeraCorp Consulting CEO at TeraCorp Consulting

Because Oracle products are development frameworks, your final results is as good as the people who implemented them. Make sure that your implementation team is the best it can be, at least for the first implementation. If something is implemented incorrectly at the start, it'll cost you a lot more to fix than to build a new system from scratch. Sometimes it can be so badly designed that it is impossible to fix.

I've been working on implementation for 20 years and I have seen bad implementations everywhere. In fact, I have seen the same tools implemented in the same team by two different people, with one being a success and the other a failure. In the same company, one department says that the tool does not work for them and another says that the tool is the best. The only difference was the implementer. Make sure you get a good team to implement it. The tool has its flaws, but most of time (99%) it is the implementer's fault that you have a bad or slow model.

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TW
Director, Financial Systems at a retailer with 10,001+ employees

Essbase is a powerful tool that continues to provide value for companies. It's also one of the core databases that Oracle uses. I'd rate it as ten out of ten.

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MA
Executive IT at GBEL

Users and investors calculate their ROI based on their investment plan. They know how many years it will take to get a return on their investment. I would recommend the product to others. Overall, I rate the tool an eight out of ten.

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MB
Software Engineer at a financial services firm with 5,001-10,000 employees

I rate the solution an eight out of ten. The solution is good, but it could be cheaper. I recommend the solution to other users.

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it_user79425 - PeerSpot reviewer
Consultant at a tech services company with 1,001-5,000 employees
Essbase is a multidimensional database (MOLAP) is undoubtedly leading in that space. It leverages its powerful computing capability and combined with relational database gives hybrid flavor. Its powerful computing capability and scalability rates overall 4. View full review »
Buyer's Guide
Database Development and Management
April 2024
Find out what your peers are saying about Oracle, Redgate, Quest Software and others in Database Development and Management. Updated: April 2024.
768,246 professionals have used our research since 2012.