Oracle Specialist at a government with 5,001-10,000 employees
Real User
Customizable, helpful support, but the product is being phased out
Pros and Cons
  • "This is a customizable product. Our implementation was designed to fit our needs."
  • "The user interface is in need of improvement. The forms should be more user-friendly."

What is our primary use case?

Our primary use case for Oracle Hyperion was planning and budgeting.

My role in the company is on the support side.

What is most valuable?

This is a customizable product. Our implementation was designed to fit our needs.

What needs improvement?

The user interface is in need of improvement. The forms should be more user-friendly.

Initially, we had some integration issues. However, these were solved after we submitted a couple of service requests.

For how long have I used the solution?

We were using Hyperion for approximately eight years.

As of last week, we no longer use the original Oracle Hyperion. We have moved to the cloud version of the product.

Buyer's Guide
Oracle Hyperion
April 2024
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
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What do I think about the stability of the solution?

Overall, the stability was okay. We did not have to raise many issues with support.

What do I think about the scalability of the solution?

Scalability-wise, Oracle Hyperion is okay.

How are customer service and support?

We did not have to raise many issues with support because we were only using the planning and budgeting features. We did initially have some integration issues and these were solved after we set up a couple of service requests.

Overall, the support is okay.

Which solution did I use previously and why did I switch?

We were using Oracle Hyperion but have transitioned to the Oracle EPM Planning Cloud.

We switched because the support was ending and we decided to move to the latest version.

What about the implementation team?

The deployment was done by a third-party implementation provider.

What other advice do I have?

As of now, the Oracle Hyperion product is out of support, so I would not recommend it to anyone. Anybody that has it will not be supported by Oracle.

For anybody who is still planning to implement this product, my advice is to consider their needs during the initial implementation phase. The one that we were using was designed to fit our needs and anybody who plans to use this product should identify what forms and screens they will need. That is configurable at the beginning.

I would rate this solution a seven out of ten.

Which deployment model are you using for this solution?

On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user202521 - PeerSpot reviewer
Manager of Business Intel at a manufacturing company with 1,001-5,000 employees
Real User
The ability to lock and send data is important. It could be improved with a better front end and user experience.

Valuable Features:

The ability to lock and send data as well as the flexibility of user security are two very important aspects of the product.

Improvements to My Organization:

The partitioning option between databases allows for users to enter data one time, versus copying data lots of times from one cube to another. This has saved hours of maintenance and eliminates data integrity issues between the cubes.

Room for Improvement:

The product could be improved with a better front end and user experience.

Use of Solution:

The solution has been in place for 12 years.  

We currently use the product for Financial Reporting, and from a functionality perspective, I would rate the product an 8/10 (once you understand it). As an intuitive, user friendly, GUI application, I would rate it a 4/10.

Deployment Issues:

We have encountered no issues to date with deployment.

Stability Issues:

At one point, a data package had corrupted, causing our cube refreshes to fail. Having to restore from the backup but losing all the data inputs caused some business issues, but we were able to overcome them.

The Essbase engine does not start up automatically when the server reboots, causing users to log connection complaints.

Scalability Issues:

To date, we have had no issues with an increase in data by date, or as we get newer version.

Initial Setup:

The initial set up was complex, as we were actually migrating from version 9 to version 11. The upgrade version path was not clear, and it was easier to recreate it.

Implementation Team:

We implemented it in-house.

Cost and Licensing Advice:

We have a corporate global licensing agreement.

Other Advice:

Finding highly qualified technical consultants for this application is difficult. There are other products with a larger community available for support and development.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Buyer's Guide
Oracle Hyperion
April 2024
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
769,334 professionals have used our research since 2012.
Director Enterprise Applications and eBusiness at a retailer with 5,001-10,000 employees
Real User
Reliable, building flexibility, but difficult to maintain
Pros and Cons
  • "Oracle Hyperion is an engine allowing you to build whatever you want on it."
  • "Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."

What is our primary use case?

We used It was used for budgeting, monthly management reporting, and forecasting.

What is most valuable?

Oracle Hyperion is an engine allowing you to build whatever you want on it.

What needs improvement?

Oracle Hyperion generally it's quite a complex architecture that is hard to maintain.

In our case, the issue was with the lack of people in Kazakhstan who know the product. there is a very limited number of resources available on the market.

For how long have I used the solution?

I have been using Oracle Hyperion for approximately 11 years.

What do I think about the stability of the solution?

I have found Oracle Hyperion to be stable.

What do I think about the scalability of the solution?

The scalability of Oracle Hyperion is not that simple. However, for our usage, we do not have any performance issues. We didn't try to scale it that much.

Which solution did I use previously and why did I switch?

Previously to using Oracle Hyperion we were using Excel.

How was the initial setup?

The installation is at a medium difficulty level. It is similar to Oracle E-Business Suite.

What about the implementation team?

Oracle Hyperion was implemented with the help of an integrator.

What's my experience with pricing, setup cost, and licensing?

Oracle Hyperion is not an inexpensive solution.

What other advice do I have?

I would advise others to use a cloud solution if there is one available.

I rate Oracle Hyperion a seven out of ten,

Which deployment model are you using for this solution?

On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Hyperion - Financial System Analyst at a venture capital & private equity firm with 10,001+ employees
Real User
Good reporting, consolidation, and technical support
Pros and Cons
  • "We like the reporting and tracking of financials."
  • "There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration."

What is our primary use case?

Essentially, we use Hyperion for financial reporting and tracking.

What is most valuable?

We like the reporting and tracking of financials.

What needs improvement?

I think the user interface could be made a bit easier and user-friendly.

The initial setup could be easier, and there could be more integration with more ERPs.

There is always room for improvement. 

There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration.

For how long have I used the solution?

I have been working with Oracle Hyperion for two years.

We are using the financial management version.

What do I think about the stability of the solution?

It's a stable solution.

What do I think about the scalability of the solution?

It's a scalable product.

There are more than 40 users in our organization who are working with this solution.

How are customer service and support?

Technical support has been good.

Which solution did I use previously and why did I switch?

Previously, we did not work with similar products.

How was the initial setup?

As an administrator, I don't find it to be very difficult, but from the user's perspective, It could be simplified.

We don't need much maintenance because it's a stable product.

What other advice do I have?

If the group is large enough, then I would recommend going ahead with this solution. It's a very good tool for reporting and consolidation.

I would rate Oracle Hyperion an eight out of ten.

Which deployment model are you using for this solution?

On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user694662 - PeerSpot reviewer
Team Lead at a tech services company with 10,001+ employees
Consultant
You can handle and process a lot of data in a very short time.

What is most valuable?

The fact that you can handle and process a lot of data in a very short time is the most valuable feature.

How has it helped my organization?

We showed a lot of demos of these solutions, and a lot of clients that we demonstrated to are very much impressed. It has increased our clientele, so we have a lot more of clients in my company for this application.

What needs improvement?

It's way ahead of the competition. IBM Solutions have gone down a lot in the last few years and the future is Oracle. So, for now, I don't see any features in IBM that should be improved. It's very good for now.

I don't think that this product needs any improvement for now. I am quite satisfied with the application that we have, it is working just fine. For clients who have a good understanding of the product, it is enabling them meet their deadlines. So for now, I don't think it is necessary for me to consider.

For how long have I used the solution?

I have used this solution for five years.

What do I think about the stability of the solution?

Stability is good.

How are customer service and technical support?

Nine out of 10.

Which solution did I use previously and why did I switch?

Previously, we were using IBM.

How was the initial setup?

The setup was very straightforward, it is easy to use.

Which other solutions did I evaluate?

This was the only option that was given to us.

What other advice do I have?

I would always recommend this solution.

It is very versatile, it is easy to use, easy to access, and easy to set up.

I am very satisfied with and keen on this solution.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user448791 - PeerSpot reviewer
Managing Director at a tech consulting company with 51-200 employees
Consultant
We haven't had issues with performance and scalability.

What is most valuable?

The entire ETL function is of great value and no feature on its own will function alone. So in my eyes there is not one feature that really stands out on its own.

How has it helped my organization?

I work in a consulting role but I believe that by implementing it a lot of organizations’ manual processes have been automated.

What needs improvement?

FDM has become redundant and is being replaced by FDMEE. FDM will not be supported in the near future anymore and no further development/improvements are done on this product.

It is a manual setup of the type of data that you want to load. To build the application you have to setup and create various locations, maps, categories, etc. You also need to define your input data structure to a certain extent. There is allot of manual work when it comes to creating an application but once the application is created there shouldn’t be any issues when it comes to loading data.

For how long have I used the solution?

I've been using Oracle Hyperion Financial Quality Data Manager for four years.

What was my experience with deployment of the solution?

There were no issues with the deployment.

What do I think about the stability of the solution?

We've experienced no issues with performance.

What do I think about the scalability of the solution?

It's been able to scale for our needs.

How are customer service and technical support?

99% of the time we do our own troubleshooting.

Which solution did I use previously and why did I switch?

I started with this product.

How was the initial setup?

The initial setup was rather complex but I knew what I needed to do to achieve the end result. There are also allot of reading material on these products if you get stuck.

What about the implementation team?

We used an in-house team. My advice would be to know what you want to achieve with the tool because it is very flexible.

What other advice do I have?

I would not recommend implementing FDM as it is falling away and will not be supported in the near future.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
PeerSpot user
Senior Consultant at Coçyl Services Conseils
Consultant
They're quick to add enhancements and adapt the tool to business requirements

What is our primary use case?

Centralization of the budgeting process. Our company was using Excel spreadsheets to capture all the managers' spreadsheets. They kept being changed by the managers and were never actually frozen in time. Very hard for top management to freeze the budgets.

How has it helped my organization?

Reduced budgeting process from six to eight months, to three months. Locking the budget process for the managers permitted us to control the data. No one was doubtful about which versions of the budgets they were working on.

What is most valuable?

  • Flexibility
  • Quick to add enhancements and adapt the tool to business requirements
  • Little involvement from the IT department

Everyone was looking at the same numbers. As data was entered during the budget process from lower management, upper management had the live consolidated budgets.

What needs improvement?

The learning curve is pretty steep. For people coming from a relational or star database background, users configuring Essbase need to learn a new way of manipulating the data.

For how long have I used the solution?

Three to five years.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Managing Consultant at ifb international AG
User
There is an integrated solution with Oracle EPM which we utilize
Pros and Cons
  • "Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
  • "Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."

What is our primary use case?

Our primary use is for Enterprise Performance Management (in most cases), planning and budgeting, and as a reporting/allocation tool.

How has it helped my organization?

We provide customized solutions for finance offices in any industry.

What is most valuable?

Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other.

What needs improvement?

Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having  a more differentiated security model.

For how long have I used the solution?

More than five years.

What other advice do I have?

I have worked for more than seven years with Oracle EPM and Hyperion.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Buyer's Guide
Download our free Oracle Hyperion Report and get advice and tips from experienced pros sharing their opinions.
Updated: April 2024
Buyer's Guide
Download our free Oracle Hyperion Report and get advice and tips from experienced pros sharing their opinions.