We performed a comparison between IBM Planning Analytics 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."It's a very stable, robust product."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"Planning Analytics' best features include automatic updates and slicing."
"The product's stability is good."
"All the different platforms are well integrated."
"Navigating through the data to make analysis is really quick."
"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 flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."
"One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use."
"Oracle Hyperion has helped make things work faster in our company."
"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."
"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard."
"The stability is fine and quite user friendly."
"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."
"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'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 tool's transport layer could be improved when promoting development between environments."
"It is a bit expensive, but it does the job."
"Planning Analytics could be improved by adding automation features."
"The tool should include features for prediction. It can also improve the scalability."
"Extracting data is a little slow."
"It would have been better if the solution was not just a tool kit."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"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."
"I would like to see more integrations with third-party vendors such as BigSense and SAP. I'm looking forward to seeing more interface-related content."
"The initial setup of Oracle Hyperion is very difficult."
"There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually."
"The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life."
"We are still having some issues with the ASO Cube. It can take a long time to clear the data in the ASO Cube compared to BSO data-clearing operations. We don't have a specific calculation in the ASO, and we only have these aggregate options on the ASO side. If we need calculations, we have to calculate them in the BSO and pass the data to the ASO Cube for the reporting. That's one of the drawbacks. Oracle could also improve on the data logging side as well."
"The user interface is in need of improvement. The forms should be more user-friendly."
"The Oracle technical support in our area is terrible."
IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. IBM Planning Analytics is rated 8.6, while Oracle Hyperion is rated 8.0. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". 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 Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and Tableau, whereas Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and Oracle Planning and Budgeting Cloud. See our IBM Planning Analytics vs. Oracle Hyperion report.
See our list of best Business Performance Management vendors.
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