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Oracle Essbase vs Precisely Optimize IDMS comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Oracle Essbase
Ranking in Database Development and Management
11th
Average Rating
8.2
Reviews Sentiment
4.8
Number of Reviews
16
Ranking in other categories
No ranking in other categories
Precisely Optimize IDMS
Ranking in Database Development and Management
49th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2025, in the Database Development and Management category, the mindshare of Oracle Essbase is 0.9%, down from 1.1% compared to the previous year. The mindshare of Precisely Optimize IDMS is 0.3%, down from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Database Development and Management
 

Featured Reviews

RANOJOY PAUL - PeerSpot reviewer
Stores multidimensional data, good customer support and interface is very easy
It is very fast compared to other normal databases, like SQL and MySQL. It doesn't store data in tables in the back end. To load data into Essbase, we need to prepare it in a table format. When we find the data in the table, we need to verify it. This way, you can rate the data. But Essbase stores multidimensional data. We have dimensions, which means the data belongs to some company or some time period. For example, if you work for three years, your salary should be something. In this way, we prepare top-level members called dimensions. The dimension defines your position, the year, and the section you were working in the company. We get an intersection of all these dimensions for certain data, and fetching that data is very fast in Essbase compared to normal SQL. If you store this data in a normal SQL table, you need to prepare a row with your company name, employee name, employee ID, joining date, and everything, and then you need to push it into a SQL table. You can search it using your query, but here, that thing is different. Here, you can collect data using forms, reports, and we use a Microsoft tool, which is an add-in called Smart View. Using that, you would just take that data. Here, you need to just create an integration of all these dimensions, and then only you can find the data.
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Top Industries

By visitors reading reviews
Financial Services Firm
22%
Computer Software Company
10%
Insurance Company
8%
Retailer
7%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Oracle Essbase?
It's not that expensive, but also not cheap. I'm not sure because it's a private license.
What needs improvement with Oracle Essbase?
Improvements for Oracle Essbase could be made, as there are many tools available now, such as FCCS, TRCS, and ERCS. I find managing the database difficult, especially regarding optimization and dat...
What is your primary use case for Oracle Essbase?
I have been using Oracle Essbase for the last thirteen years and I am into this space for thirty years. I am working on the sales-based platform where I work with different clients for GE, Thomson ...
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Also Known As

Essbase
Precisely Syncsort Optimize IDMS, Syncsort Elevate IDMS
 

Overview

 

Sample Customers

CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo S.A., PCCW Ltd., QDQ media S.A.U., Boiron Italia, Specialized Bicycle Components Inc., Akindo Sushiro Co. Ltd., Air Canada, Daelim Industrial Co. Ltd.
British Telecom
Find out what your peers are saying about Oracle, Quest Software, Nutanix and others in Database Development and Management. Updated: July 2025.
864,574 professionals have used our research since 2012.