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Alteryx vs Oracle Essbase comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Alteryx
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
82
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th), Data Preparation Tools (1st)
Oracle Essbase
Average Rating
8.0
Reviews Sentiment
4.6
Number of Reviews
18
Ranking in other categories
Database Development and Management (9th)
 

Mindshare comparison

Alteryx and Oracle Essbase aren’t in the same category and serve different purposes. Alteryx is designed for Predictive Analytics and holds a mindshare of 15.0%, down 25.1% compared to last year.
Oracle Essbase, on the other hand, focuses on Database Development and Management, holds 0.8% mindshare, down 1.1% since last year.
Predictive Analytics Market Share Distribution
ProductMarket Share (%)
Alteryx15.0%
Anaplan13.8%
SAP Analytics Cloud12.8%
Other58.4%
Predictive Analytics
Database Development and Management Market Share Distribution
ProductMarket Share (%)
Oracle Essbase0.8%
SolarWinds Database Performance Analyzer6.6%
Redgate SQL Toolbelt Essentials6.0%
Other86.6%
Database Development and Management
 

Featured Reviews

Theresa McLaughlin - PeerSpot reviewer
Quick development enables seamless data processing despite occasional support issues
There were times when the product would fail during development without an apparent reason. The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system. Licensing negotiations were problematic, affecting our product usage. For instance, our licenses were temporarily lost during negotiations when an agreement couldn't be reached.
Bhavya N - PeerSpot reviewer
Ensuring efficient data analysis and reporting while identifying areas for calculation and export improvements
The features of Oracle Essbase are valuable, such as its multi-dimensional database used for dynamic calculations and reporting purposes. These features are valuable because they support multi-dimensional data views, allowing users to analyze relationships across various data categories and establish a comprehensive perspective on business operations. Moreover, dynamic calculations allow real-time data analysis, significantly improving the accuracy and depth of financial insights. I have utilized Essbase's data aggregation capabilities. The Oracle Essbase interface provides a good user experience, allowing users to easily navigate and analyze data with fast query performance, effective data visualization tools such as charts, graphs, and tables, and flexibility for customizable analysis and reporting, including the ability to create ad hoc reports. The benefits of the interface include improving productivity and enhancing decision-making.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The product's Macros probably are one of the most useful aspects."
"It has everything that one needs. Whatever you want to do with the data can be done with Alteryx."
"The product's initial setup phase is simple and straightforward."
"The drag-and-drop features are useful for data scientists who do not like to code because it is already in the system."
"Alteryx is a simple and easy-to-use solution."
"I like the solution's velocity, the speed with which it processes data, and its ease of use."
"The Alteryx designer has been the most useful feature in the solution."
"It is efficient in optimizing our ability to get information."
"Essbase is extremely stable and low-maintenance."
"It is very fast compared to other normal databases, like SQL and MySQL."
"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."
"Oracle's capability to define custom hierarchies and dimensions has helped my organization in performing nuanced data exploration and advanced modeling because we use Oracle Essbase for dimension definition and also to define the properties of these members, such as dynamic members, stored members, shared members."
"The Oracle Essbase interface provides a good user experience, allowing users to easily navigate and analyze data with fast query performance, effective data visualization tools such as charts, graphs, and tables, and flexibility for customizable analysis and reporting, including the ability to create ad hoc reports."
"I have found the most valuable aspect is the user-friendly environment and current features."
"It's a very powerful analytical engine with Essbase as the back end. We can analyze, transform, or utilize a big chunk of data for our calculations."
"It helps us fetch specific data sets per users' requirements."
 

Cons

"They can provide some pre-built tools for predictive analytics instead of us having to build all the tools. It should also be improved from the visualization aspect. It should have better visualization capabilities. There are tools out there that have better visualization capabilities, which Alteryx is lacking currently."
"Deep learning models are not currently supported."
"We are hoping that the NLP features will also support Chinese characters."
"There have been some issues with licensing, particularly with the increased prices. This has led some companies, including ours, to consider reducing the number of licenses or potentially discontinuing their use of Alteryx."
"There are a few imputation techniques which they really need to include."
"The solution can be made more affordable."
"The pricing seems high for my current needs. However, considering the benefits, it is easier to justify to management for broader company usage."
"What they're struggling with is it's not as mature as Tableau in the user management area. It was tougher to manage the server part of it right away, especially since the user base has grown."
"The consolidation engine, which is HFM or FCCS, needs some room for improvement."
"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."
"It's an expensive product to use."
"The initial setup is pretty complex."
"A significant area for improvement in Oracle Essbase is that financial statement analysis, CAPEX and OPEX analysis, and financial consolidation must be done manually, as Oracle Essbase doesn't include the financial consolidation module that is available in EPM."
"The reporting tool of Essbase needs improvement."
"The ability to drive external reporting out for development could be improved."
"The initial setup could be simplified."
 

Pricing and Cost Advice

"If one is a high price, and ten is a low price, I rate the tool's price as a one. The tool is expensive."
"The designer has a list price of $5,995 USD."
"It is an expensive solution."
"It can be a bit pricey, especially after the first year."
"I rate the tool's pricing a two out of ten."
"The solution has a more costly license than other tools in the market."
"My organization pays for it, and I do not look into the financial aspect of the licensing, but I know it is pretty expensive."
"Its price should be lower. The key thing that we see is that talking about ROI is an important element at the time of purchase. Cost becomes a factor in every discussion. Justifying the ROI for these kinds of workflows is always a challenge, and the only way to counter the challenge is by addressing the pricing."
"Essbase is competitively priced."
"The solution is expensive."
"I believe the licensing is on a monthly base."
"It is a costly solution."
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Top Industries

By visitors reading reviews
Financial Services Firm
22%
Manufacturing Company
9%
Computer Software Company
9%
Retailer
6%
Financial Services Firm
21%
Computer Software Company
9%
Insurance Company
8%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise14
Large Enterprise51
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise1
Large Enterprise14
 

Questions from the Community

What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
What is your experience regarding pricing and costs for Oracle Essbase?
It's not that expensive, but also not cheap. I'm not sure because it's a private license.
What needs improvement with Oracle Essbase?
A significant area for improvement in Oracle Essbase is that financial statement analysis, CAPEX and OPEX analysis, and financial consolidation must be done manually, as Oracle Essbase doesn't incl...
What is your primary use case for Oracle Essbase?
The initial setup of Oracle Essbase is dependent on whether you select BSO or ASO cubes. First, you need to set up the type of information and once the type of cubes is defined, you need to define ...
 

Also Known As

No data available
Essbase
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo S.A., PCCW Ltd., QDQ media S.A.U., Boiron Italia, Specialized Bicycle Components Inc., Akindo Sushiro Co. Ltd., Air Canada, Daelim Industrial Co. Ltd.
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