Oracle Essbase vs Workday Prism Analytics comparison

The compared Oracle and Workday solutions aren't in the same category. Oracle is ranked #11 in DDM , with an average rating of 8.1, and holds a 0.9% mindshare in the category. Workday is ranked #17 in BIT , with an average rating of 9.0, and holds a 1.8% mindshare. Additionally, 100% of Oracle users are willing to recommend the solution, compared to 100% of Workday users who would recommend it.

Oracle Essbase

Read 18 Oracle Essbase reviews

1,850 Views
130 Comparison Views

100% willing to recommend

Workday Prism Analytics

Read 5 Workday Prism Analytics reviews

1,421 Views
1,165 Comparison Views

100% willing to recommend

Oracle Essbase

Workday Prism Analytics

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Oracle Essbase and Workday Prism Analytics based on real PeerSpot user reviews.

Find out what your peers are saying about Oracle, Quest Software, Nutanix and others in Database Development and Management.

To learn more, read our detailed Database Development and Management Report (Updated: July 2025).

Buyer's Guide

Database Development and Management

July 2025

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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

Average Rating

8.0

Reviews Sentiment

4.6

Number of Reviews

Ranking in other categories

Database Development and Management (11th)

Workday Prism Analytics

Average Rating

8.6

Reviews Sentiment

7.6

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (17th)

Mindshare comparison

Oracle Essbase and Workday Prism Analytics aren’t in the same category and serve different purposes. Oracle Essbase is designed for Database Development and Management and holds a mindshare of 0.9%, down 1.1% compared to last year.
Workday Prism Analytics, on the other hand, focuses on BI (Business Intelligence) Tools, holds 1.8% mindshare, up 1.3% since last year.

Database Development and Management

BI (Business Intelligence) Tools

Featured Reviews

Bhavya N

Senior System Engineer at Infosys

Ensuring efficient data analysis and reporting while identifying areas for calculation and export improvements

The features of Oracle Essbase are valuable, such as its multi-dimensional database used for dynamic calculations and reporting purposes. These features are valuable because they support multi-dimensional data views, allowing users to analyze relationships across various data categories and establish a comprehensive perspective on business operations. Moreover, dynamic calculations allow real-time data analysis, significantly improving the accuracy and depth of financial insights. I have utilized Essbase's data aggregation capabilities. The Oracle Essbase interface provides a good user experience, allowing users to easily navigate and analyze data with fast query performance, effective data visualization tools such as charts, graphs, and tables, and flexibility for customizable analysis and reporting, including the ability to create ad hoc reports. The benefits of the interface include improving productivity and enhancing decision-making.

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Sarvesh Kumar Jha

Senior Technology Consultant at PricewaterhouseCoopers

Provides great flexibility in terms of data transformation

I really like the flexibility the solution provides in terms of data transformation. Workday introduced Prism Analytics mainly because many clients wanted to merge data from different systems and then work with it to get some insights out of it. For that, they previously used tools like Power BI. Workday Prism Analytics gives you the power to do all the data transformations within Workday itself without taking out crucial data to a third system. I really like the way Workday has enabled Prism Analytics to be that one solution where you can bring everything. It also provides you the flexibility that things like the security model of Workday are still in place. You don't have to redo your security configuration if you do the data transformation outside Workday.

Read full review

Quotes from Members

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

Pros

"Essbase is extremely stable and low-maintenance."

"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."

"It's a very powerful analytical engine with Essbase as the back end. We can analyze, transform, or utilize a big chunk of data for our calculations."

"Essbase is a kind of backbone, or back end, for systems like Hyperion Planning."

"It is highly efficient and easily scalable, particularly for handling large databases."

"It is very fast compared to other normal databases, like SQL and MySQL."

"The Oracle Essbase interface provides a good user experience, allowing users to easily navigate and analyze data with fast query performance, effective data visualization tools such as charts, graphs, and tables, and flexibility for customizable analysis and reporting, including the ability to create ad hoc reports."

"I have found the most valuable aspect is the user-friendly environment and current features."

More Oracle Essbase pros

"I really like the flexibility the solution provides in terms of data transformation."

"The product is easier to use compared to other applications."

"The solution is stable and reliable, with minimal issues affecting its performance."

"Feature-wise, I feel that the solution's stability is good."

"The customer service and support are pretty good."

Cons

"The solution could enhance business analytics. I delved into the data using Oracle Essbase to create a new support tool."

"The initial setup is pretty complex."

"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."

"They should improve the solution's performance."

"I would like to see an integration with application performance management and a version control management tool."

"The initial setup could be simplified."

"There is room for improvement in terms of cost-effectiveness."

"The ability to drive external reporting out for development could be improved."

More Oracle Essbase cons

"It is not a very scalable product."

"The visualization techniques must be upgraded."

"There is not much flexibility in how we can add external data within Workday Prisma Analytics."

"When you create certain objects, a lot of the time, the fields are text. They’re not numeric, date, or any other field type"

"One area for improvement in the solution is the ability to manually update individual rows or columns of data once it has been uploaded."

Pricing and Cost Advice

"I believe the licensing is on a monthly base."

"Essbase is competitively priced."

"It is a costly solution."

"The solution is expensive."

"The solution is very expensive."

"I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules."

"Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool."

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Top Industries

By visitors reading reviews

Financial Services Firm

22%

Computer Software Company

10%

Insurance Company

Retailer

Financial Services Firm

12%

Healthcare Company

Insurance Company

Government

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.

See all answers

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...

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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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What is your experience regarding pricing and costs for Workday Prism Analytics?

Based on whatever I have heard, Workday Prism Analytics is considered an expensive tool. In fact, that has been one of the hindrance factors for Workday in making Prism Analytics more sellable.

See all answers

What needs improvement with Workday Prism Analytics?

I think there are still some gaps in the solution. There is not much flexibility in how we can add external data within Workday Prisma Analytics. For now, Workday has enabled the SFTP server and Am...

See all answers

What is your primary use case for Workday Prism Analytics?

As a consultant, I use Prism Analytics to implement my client systems. I first have design sessions with them, where we discuss their business gaps and then understand how Workday Prism Analytics c...

See all answers

Comparisons

Microsoft Power BI vs Oracle Essbase

Compared 24% of the time

SAP Analytics Cloud vs Oracle Essbase

Compared 11% of the time

SAP BusinessObjects Business Intelligence Platform vs Oracle Essbase

Compared 10% of the time

IBM Cognos vs Oracle Essbase

Compared 7% of the time

Oracle Analytics Cloud vs Oracle Essbase

Compared 4% of the time

More Oracle Essbase Competitors

Microsoft Power BI vs Workday Prism Analytics

Compared 49% of the time

Tableau Enterprise vs Workday Prism Analytics

Compared 19% of the time

Databricks vs Workday Prism Analytics

Compared 12% of the time

Oracle OBIEE vs Workday Prism Analytics

Compared 4% of the time

Domo vs Workday Prism Analytics

Compared 3% of the time

More Workday Prism Analytics Competitors

Product Reports

Buyer's Guide

Oracle Essbase

August 2025

Download Oracle Essbase product report

Buyer's Guide

BI (Business Intelligence) Tools

August 2025

Download Workday Prism Analytics product report

Also Known As

Essbase

Prism Analytics

Overview

Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications.

Oracle

With Workday Prism Analytics, you can bring data in at scale from any source and prepare, analyze, and securely share it with your organization. The result? You gain all the insights you need to drive better business outcomes.

Workday

Sample Customers

CHU de Rennes, Bellco Credit Union, Akindo Sushiro Co. Ltd, Deutsche Telekom AG, Samarco MineraÊo 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.

Denny's

Buyer's Guide

Database Development and Management

July 2025

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