We performed a comparison between IBM Cognos and Oracle Hyperion based on real PeerSpot user reviews.
Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools."We use the account statement report. When you use an account in HSBC, you receive various types of accounts, such as the stock market, fixed accounts, credit cards, and business accounts. We can create one consolidated report called CCS support, which includes all these accounts. In that statement, we are consolidating all those accounts."
"The initial setup is very straightforward."
"We are able to generate quality reports easily which allows us to decrease response time."
"This solution allows you to input a wide range of file formats."
"The Report Studio that is aimed at professional report writers."
"Security administration tools are powerful and flexible."
"IBM Cognos is an excellent solution for tax, planning, budgeting, profit and loss statements and balance sheets."
"Mapbox integration for geospatial analytics down to longitude/latitude layers."
"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."
"This product is very scalable and provides high ROI."
"It's a very good program and it's useful for consolidation."
"Oracle Hyperion is fairly user-friendly and not too complicated. The forecasting, it's really good. It's sometimes slow when there are a lot of users using it and we can have up to approximately 300 users using it. However, you can do it in Excel because there's an Excel add-in. This is a benefit because a lot of people do this way instead of having to go into the planning application itself."
"The stability is fine and quite user friendly."
"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."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"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."
"It could have more options for themes."
"I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality."
"IBM Cognos's error messages seem to be a bit ambiguous. An error will be encountered and a message will be sent out very ambiguous and after investigating the error message it could be any number of issues. There was never a direct answer to the question or a direct answer to the error messages. Sometimes it would be a generic error message for 21 different solutions. It wasn't very specific, which required a lot of digging around and trial and error trying to fix the problem. The messaging in their error messaging is something needing improvement."
"The high cost of a license makes it hard to scale up on a budget."
"One thing that we really want is the ability to have data portrayed on an image. Cognos is not able to do it at the moment, and that's becoming a requirement from the business side: having an image and then plotting your dataset on top of the image as a map."
"Extending dynamic cubes aggregate awareness with calculated measures."
"The visualization aspect needs to be improved and I believe, this is being resolved in upcoming versions."
"I would like them to reinclude PowerPlay. One thing that I am missing in the current Cognos is what was formally named PowerPlay. They have basically removed PowerPlay from it, which is something that I fail to understand because it was the most wonderful tool for business intelligence that I've ever used. As far as I know, they don't provide this functionality anymore, so this is one thing that I dislike about Cognos."
"There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."
"It is challenging to do reporting on Oracle Hyperion if you're not an expert."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
"I would love more comment capabilities so that you could put in little notes, cheat notes."
"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."
"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."
"From a technical perspective, the technical support could be improved and the price could be reduced."
"What I like is to have everything on one platform and not in different modules like Oracle Hyperion."
IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. IBM Cognos is rated 8.0, while Oracle Hyperion is rated 8.0. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". 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". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, SAP BusinessObjects Business Intelligence Platform and Amazon QuickSight, whereas Oracle Hyperion is most compared with Tableau, Anaplan, Oracle HFM, IBM Planning Analytics and Oracle Planning and Budgeting Cloud.
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