We performed a comparison between IBM Planning Analytics and Oracle Essbase based on real PeerSpot user reviews.
Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management."The tool is flexible."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."
"The most valuable feature is that it is able to slice and dice the data."
"It's a very stable, robust product."
"All the different platforms are well integrated."
"Navigating through the data to make analysis is really quick."
"Planning Analytics' best features include automatic updates and slicing."
"It is highly efficient and easily scalable, particularly for handling large databases."
"It helps us fetch specific data sets per users' requirements."
"The solution can handle a large volume of data."
"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."
"I have found the most valuable aspect is the user-friendly environment and current features."
"The solution is scalable."
"The solution is stable and reliable."
"Essbase is extremely stable and low-maintenance."
"Planning Analytics could be improved by adding automation features."
"It would have been better if the solution was not just a tool kit."
"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."
"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."
"The dashboard is very poor and needs a lot of improvement."
"It is a bit expensive, but it does the job."
"The tool's transport layer could be improved when promoting development between environments."
"It's wonky, and not super user-friendly with Excel."
"I would like to see an integration with application performance management and a version control management tool."
"It's an expensive product to use."
"The ability to drive external reporting out for development could be improved."
"Essbase has a programming language, and it has a couple of functions to do forecasting, however, their feature set for that is not that good."
"The initial setup could be simplified."
"They should improve the solution's performance."
"The initial setup is pretty complex."
"There is room for improvement in terms of cost-effectiveness."
IBM Planning Analytics is ranked 6th in Business Performance Management with 20 reviews while Oracle Essbase is ranked 10th in Database Development and Management with 10 reviews. IBM Planning Analytics is rated 8.4, while Oracle Essbase is rated 8.4. The top reviewer of IBM Planning Analytics writes "Beneficial predictive analytics, flexibility, and useful forecasting". On the other hand, the top reviewer of Oracle Essbase writes "It is easy to use and receives patch updates on regular intervals ". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, IBM Cognos and OneStream XF, whereas Oracle Essbase is most compared with Microsoft Power BI, SAP BusinessObjects Business Intelligence Platform, SAP Analytics Cloud, Oracle Analytics Cloud and IBM Cognos.
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