Anaplan vs Oracle Hyperion comparison

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Anaplan Logo
5,996 views|2,624 comparisons
95% willing to recommend
Oracle Logo
3,345 views|2,180 comparisons
86% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Anaplan 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.
To learn more, read our detailed Anaplan vs. Oracle Hyperion Report (Updated: March 2024).
768,578 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The solution scales well.""Where we're seeing the opportunity in the market is at the Fortune 100 companies that have far more complex modeling type scenarios where you need to be able to have a lot of people collaborating together, and you need a lot of information all at everyone's fingertips. This is where you see the big advantage of a solution like Anaplan.""Anaplan provides 130 GB of cloud storage for organizations to use as part of their license.""The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online.""Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.""The features that I have found most valuable are that it is web-based and easy to use.""You don't need to have a programming language to use Anaplan.""This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable."

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"Oracle Hyperion has helped make things work faster in our company.""It's basically the same as the other budgeting solutions.""Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting.""We have found there is excellent stability with Oracle Hyperion.""Scalability is one of this solution's big plus points.""This product is very scalable and provides high ROI.""The scalability is good.""Oracle Hyperion is an engine allowing you to build whatever you want on it."

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Cons
"The solution could improve by better dashboards and while entering the form loss and project implementation the ability to use graphical shapes more effectively.""The negative is that the higher the flexibility, the higher is the complexity. That can act against you as a negative because it does require a model builder or a coder/developer.""There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost.""Automation needs to be built into this solution.""The integration technique should be a little bit easier.""Space and integration are a problem.""Anaplan is a relatively expensive piece of software.""The visualization tools in the product are limited in comparison to other reporting tools."

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"The initial setup of Oracle Hyperion is very difficult.""Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model.""The reporting feature in Oracle Hyperion isn't the best. It needs improvement.""All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan.""The analytics could be improved.""The Oracle technical support in our area is terrible.""Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures.""Oracle Hyperion's scalability could be improved."

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Pricing and Cost Advice
  • "We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."
  • "The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."
  • "This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."
  • "The license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
  • "This is an expensive product and if the price were reduced then it would attract more customers."
  • "The cost of Anaplan is a challenge for clients, especially if they don't have an ongoing long-term use case for it. It's a $50,000 licensing fee just to get started. Clients need a strong business case to switch from Excel to Anaplan. But if clients have used something similar in the past, such as Hyperion or other solutions, that's not a factor because they know what to expect."
  • "Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
  • "A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
  • More Anaplan Pricing and Cost Advice →

  • "As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
  • "Compared with MSBA, it is quite reasonable."
  • "To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
  • "We pay for licensing yearly."
  • "Oracle Hyperion is not an inexpensive solution."
  • "The licenses cost approximately $1,000."
  • "The solution is affordable."
  • "Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
  • More Oracle Hyperion Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations of… more »
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time… more »
    Top Answer:The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting.
    Top Answer:Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures.
    Top Answer:We use the solution for partition planning, HCM, and financial reporting.
    Ranking
    Views
    5,996
    Comparisons
    2,624
    Reviews
    6
    Average Words per Review
    357
    Rating
    7.8
    Views
    3,345
    Comparisons
    2,180
    Reviews
    9
    Average Words per Review
    630
    Rating
    8.0
    Comparisons
    Also Known As
    Hyperion
    Learn More
    Overview

    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.

    With Anaplan You Can:

    • Accelerate revenue growth
    • Convert data into market opportunity
    • Drive higher sales performance
    • Gain market share
    • Improve customer satisfaction
    • See edge-to-edge across your company
    • Achieve business and technology goals
    • Become agile and resilient with continuous models and forecasts

    The Anaplan Platform Is:

    • Flexible
    • Scalable
    • Collaborative
    • Secure
    • Multi-dimensional
    • Built to help businesses think ahead and rapidly adapt to change

    Anaplan Benefits:

    • Illuminate blind spots and hidden opportunities.
    • Easily create a shareable, living representation of how your business actually works.
    • Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
    • Information is always readily available and can be easily shared with all teams across your enterprise.
    • Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
    • By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
    • Anaplan can be used remotely from wherever you are.
    • Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
    • Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
    • Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

    Anaplan Features:

    • Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
    • Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
    • Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
    • Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
    • Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
    • Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

    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

    Oracle Business Analytics Suite.
    Sample Customers
    HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
    ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization25%
    Computer Software Company11%
    Financial Services Firm8%
    Manufacturing Company8%
    REVIEWERS
    Manufacturing Company18%
    Retailer15%
    Financial Services Firm12%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company12%
    Financial Services Firm11%
    Retailer6%
    Company Size
    REVIEWERS
    Small Business43%
    Midsize Enterprise14%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise31%
    Large Enterprise52%
    REVIEWERS
    Small Business28%
    Midsize Enterprise9%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise12%
    Large Enterprise68%
    Buyer's Guide
    Anaplan vs. Oracle Hyperion
    March 2024
    Find out what your peers are saying about Anaplan vs. Oracle Hyperion and other solutions. Updated: March 2024.
    768,578 professionals have used our research since 2012.

    Anaplan is ranked 1st in Business Performance Management with 24 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. Anaplan is rated 8.0, while Oracle Hyperion is rated 8.0. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". 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". Anaplan is most compared with SAP ERP, SAP S/4HANA, IBM Planning Analytics, SAP Analytics Cloud and Board, whereas Oracle Hyperion is most compared with Tableau, IBM Cognos, Oracle HFM, IBM Planning Analytics and Oracle Planning and Budgeting Cloud. See our Anaplan 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.