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.
"Planning Analytics' best features include automatic updates and slicing."
"Navigating through the data to make analysis is really quick."
"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"
"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."
"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."
"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."
"The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."
"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."
"Scalability is one of this solution's big plus points."
"It's very easy to use and the functionality is quite complete."
"This product is very scalable and provides high ROI."
"Scalability isn't a problem for Hyperion."
"The stability is fine and quite user friendly."
"It would have been better if the solution was not just a tool kit."
"It is a bit expensive, but it does the job."
"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."
"Planning Analytics could be improved by adding automation features."
"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."
"There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."
"The forecasting of values could be simplified in this solution."
"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
"The Oracle technical support in our area is terrible."
"Hyperion has much room for improvement, especially disaster recovery. You don't have the option to choose the proper disaster recovery method. We have Hyperion and an SQL server on the backend. We have active solutions for the backend database server, which aren't working for our people. They've asked us to remove the high availability to increase application performance."
"I found the initial setup to be complex."
"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage."
IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.
Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.
IBM Planning Analytics is ranked 4th in Business Performance Management with 5 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 26 reviews. IBM Planning Analytics is rated 8.6, while Oracle Hyperion is rated 8.0. The top reviewer of IBM Planning Analytics writes "High-performing, helps clients save time in budget processes ". On the other hand, the top reviewer of Oracle Hyperion writes "The implementation has been simplified now that it's deployed in the cloud". IBM Planning Analytics is most compared with Microsoft BI, SAP Analytics Cloud, Jedox, IBM Cognos and Anaplan, whereas Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle Planning and Budgeting Cloud and Workiva Wdesk. See our IBM Planning Analytics 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.