Overall, the pricing of Oracle Hyperion is on the higher side. I would rate it around four to five out of ten for pricing, indicating it is rather high priced.
The licensing cost for the on-premises version of the solution is too high. Oracle Hyperion should upgrade itself by seeing how other products offer lower prices. Cost matters for an organization when setting up the complete environment. Whether companies want to use the product for bigger or smaller requirements, they have to pay the licensing costs based on the number of users. On a scale from one to ten, where one is cheap and ten is expensive, I rate the solution's pricing a nine to ten out of ten.
The pricing model for the cloud setup is subscription-based, typically monthly. On the other hand, Oracle on-premise is user-based, meaning organizations pay upfront for an annual subscription, depending on the number of users they require. It might be considered relatively costly compared to some alternatives.
I hear customers complain about the licensing structure. Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license.
I listened to a CFO recently - his complaint was not being able to fully understand the costs associated with the project. They'd really done their homework, ran a super tight project management team, overcome huge implementation challenges, and successfully rolled this behemoth $900k ERP project out. It was six weeks late and $75k over budget and the entire reputation of the project within the company was that the project was a failure. Now by any realistic measure - getting a huge ERP project rolled out to a large company is not an easy lift. They were so close to the goal, yet perceived as a failed project, which is kind of devastating when you're in charge and demoralizing to the entire team. The truth is, you don't know what you don't know. One of the things that Profit From ERP preaches is changing the goalposts. Instead of an arbitrary go-live date, we focus more on goals like 'within 6 months after go-live we'll reduce inventory by 7%.' Now, instead of starting as a failure, we're working toward success. I know it sounds simple, but it changes perception, identifies steps toward goals, and measures progress - which the ERP is designed to do in the first place. Plus, having done hundreds of ERP implementations, our goal is to help negotiate licensing and implementation costs - but we also recognize there are hidden costs that will surface during implementation, staffing, and support changes - and we're having our client companies recognize that unseen costs and common and expected, so budget for them.
Manager, Hyperion Applications at a manufacturing company with 5,001-10,000 employees
Real User
Feb 16, 2022
I haven't been around pricing for a long time. Their model for what we have was totally different from what they have for their cloud applications. So, I don't even know what a cloud app costs at this point per person or per user.
Manager at a tech services company with 501-1,000 employees
Real User
Sep 16, 2020
There are annual licensing costs associated with the solution. Some people may consider the solution to be expensive, however, for all that it does, anything similar would require the licensing of more than one product.
Oracle Hyperion is cheap while Oracle Cloud is too expensive. The cost is manageable and not too high. Timely reporting saves money.
The pricing model is on the higher side compared to its competitors.
Overall, the pricing of Oracle Hyperion is on the higher side. I would rate it around four to five out of ten for pricing, indicating it is rather high priced.
The licensing cost for the on-premises version of the solution is too high. Oracle Hyperion should upgrade itself by seeing how other products offer lower prices. Cost matters for an organization when setting up the complete environment. Whether companies want to use the product for bigger or smaller requirements, they have to pay the licensing costs based on the number of users. On a scale from one to ten, where one is cheap and ten is expensive, I rate the solution's pricing a nine to ten out of ten.
The pricing model for the cloud setup is subscription-based, typically monthly. On the other hand, Oracle on-premise is user-based, meaning organizations pay upfront for an annual subscription, depending on the number of users they require. It might be considered relatively costly compared to some alternatives.
I hear customers complain about the licensing structure. Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license.
I listened to a CFO recently - his complaint was not being able to fully understand the costs associated with the project. They'd really done their homework, ran a super tight project management team, overcome huge implementation challenges, and successfully rolled this behemoth $900k ERP project out. It was six weeks late and $75k over budget and the entire reputation of the project within the company was that the project was a failure. Now by any realistic measure - getting a huge ERP project rolled out to a large company is not an easy lift. They were so close to the goal, yet perceived as a failed project, which is kind of devastating when you're in charge and demoralizing to the entire team. The truth is, you don't know what you don't know. One of the things that Profit From ERP preaches is changing the goalposts. Instead of an arbitrary go-live date, we focus more on goals like 'within 6 months after go-live we'll reduce inventory by 7%.' Now, instead of starting as a failure, we're working toward success. I know it sounds simple, but it changes perception, identifies steps toward goals, and measures progress - which the ERP is designed to do in the first place. Plus, having done hundreds of ERP implementations, our goal is to help negotiate licensing and implementation costs - but we also recognize there are hidden costs that will surface during implementation, staffing, and support changes - and we're having our client companies recognize that unseen costs and common and expected, so budget for them.
The solution is affordable.
I haven't been around pricing for a long time. Their model for what we have was totally different from what they have for their cloud applications. So, I don't even know what a cloud app costs at this point per person or per user.
We pay for licensing yearly.
I don't have any details about the licensing.
It's too expensive. As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud.
There are annual licensing costs associated with the solution. Some people may consider the solution to be expensive, however, for all that it does, anything similar would require the licensing of more than one product.