Oracle Hyperion and Anaplan compete in the field of financial planning and business performance management. Anaplan seems to have an advantage in flexibility and user experience, whereas Oracle Hyperion excels in complex financial reporting.
Features: Oracle Hyperion is known for its robust financial processing, strong data manipulation capabilities, and secure environment, integrating well with various systems. Anaplan stands out for its real-time data processing, model-building flexibility, and no-code model adaptability for complex scenarios.
Room for Improvement: Oracle Hyperion could improve performance with large datasets, streamline its reporting processes, and update its documentation and interface. Anaplan may enhance its visualization tools, improve integration capabilities, and simplify its collaboration and reporting features.
Ease of Deployment and Customer Service: Oracle Hyperion predominantly offers on-premises deployment with optional cloud scalability, often leading to complex setups and inconsistent customer service. Anaplan, being cloud-based, allows for flexible and scalable deployments but is perceived as costly despite having reliable support with potential for quicker response times.
Pricing and ROI: Oracle Hyperion, while expensive, yields significant ROI through operational efficiency and a broad feature set, utilizing complex licensing models. Anaplan offers good value through its subscription model, providing scalability and flexibility, with users reporting positive ROI due to enhanced task efficiency and accuracy.
The technical support from Anaplan is amazing, with a dedicated team to assist in case of any issues.
Support is generally fast for Sev1 or Sev2 tickets but slower for lower-severity tickets.
The response time is not that good.
Anaplan had issues before, but the new Polaris engine solves them.
Cloud configurations have not exhibited issues like crashing or slowing down for significant data volumes.
We sometimes encounter bugs and need to connect with Oracle Support.
Advanced planning with AI, machine learning, and related plugins would be great to see in the future.
After moving to PBCS and EPBCS, the per-user license fees can be reduced, particularly for bulk users.
The pricing model could be more flexible as it's more expensive than its competitors.
The pricing is slightly on the premium side, but I do not have detailed knowledge about the exact licensing structure.
The pricing model is on the higher side compared to its competitors.
Anaplan's connected planning feature is its most valuable aspect, allowing for seamless financial planning, HR planning, and updates.
It enables me to input data directly based on my security and business lines, with an inbuilt calculation engine for data aggregation and reporting.
The feature that allows automation of the budgeting and forecasting process is extremely valuable, especially when compared to Excel.
Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.
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Reviews from Real Users:
"Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.” - Sandeep A., Lead Analyst at a retailer
"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company
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