Senior Reg Reporting Consultant at Bank of America
Real User
Top 5
2023-03-27T12:32:49Z
Mar 27, 2023
They should improve the solution's performance. Whenever we have a lot of reports to test, it takes considerable time for the process. They should have a customized back or front-end feature to rectify and fix the errors. Every time, in case of link breakage, we ask the administrator to look into it. Instead, they should add a feature to deal with it so that we save time and effort.
Senior Hyperion Consultant at a financial services firm with 10,001+ employees
Real User
2022-01-12T21:38:38Z
Jan 12, 2022
It's not a very scalable solution. 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. What they had for doing the forecasting was another program from another company. They bought the program, then you could actually do the forecasting in Excel, rather than actually doing it in the Hyperion program. I can't think of any missing features or areas of improvement. Overall, it's a pretty decent product.
According to the PeerSpot community, the key factors that make up a good Database Development and Management solution include speed and performance, ease of development, availability, and reliability, but security is the most influential decision-maker of all. More complex features that are also highly rated include query optimization and data handling, while monitoring and cost for value weighed in as well.
There is room for improvement in terms of cost-effectiveness.
They should improve the solution's performance. Whenever we have a lot of reports to test, it takes considerable time for the process. They should have a customized back or front-end feature to rectify and fix the errors. Every time, in case of link breakage, we ask the administrator to look into it. Instead, they should add a feature to deal with it so that we save time and effort.
The solution could be cheaper. It is costly, and the initial setup could be simplified.
The solution is hard to set up for new users. It's an expensive product to use. The solution is a bit complex.
The ability to drive external reporting out for development could be improved.
It's not a very scalable solution. 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. What they had for doing the forecasting was another program from another company. They bought the program, then you could actually do the forecasting in Excel, rather than actually doing it in the Hyperion program. I can't think of any missing features or areas of improvement. Overall, it's a pretty decent product.
* It needs a faster way to extract data. * It needs better documentation, as there's a lot of undocumented commands. * It needs a better API.