Oracle Essbase Valuable Features

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

The solution's most valuable feature is its ease of use while preparing monthly reports and making amends. Our users request reports from us every month-end. Here, the solution helps us fetch specific data sets per users' requirements.

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SE
Software developer at MTNIrancell

Storing our data on a dedicated server and ensuring fast access when we need to retrieve information is indeed a smart approach facilitated by Oracle Essbase.

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

Its multidimensional analysis is great. 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. If you see a problem somewhere, you can drill in and discover more about it. If you're seeing problems at the state level, for example, you could drill into the city, down to any of the cities easily.

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Buyer's Guide
Database Development and Management
March 2024
Find out what your peers are saying about Oracle, Redgate, Quest Software and others in Database Development and Management. Updated: March 2024.
765,386 professionals have used our research since 2012.
SK
Project Manager at a computer software company with 51-200 employees

I have found the most valuable aspect is the user-friendly environment and current features.

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SR
Member of management at Cyprobes

The solution is quite scalable, which is the most useful aspect for us. 

The solution is stable and reliable. 

The features are good. We haven't found it lacking in any way.

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

It's very flexible and powerful and can do almost anything you want if you use a bit of imagination and knowledge.

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.

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MA
Executive IT at GBEL

The solution is scalable.

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

The solution can handle a large volume of data.

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it_user79425 - PeerSpot reviewer
Consultant at a tech services company with 1,001-5,000 employees
Its multi-dimensionality, powerful calculation engine, aggregate storage applications are excellent features for faster calculations and response. View full review »
Buyer's Guide
Database Development and Management
March 2024
Find out what your peers are saying about Oracle, Redgate, Quest Software and others in Database Development and Management. Updated: March 2024.
765,386 professionals have used our research since 2012.