Hyperion Essbase Review - why 3.1 stars?

Shlomi Lavi / updated: Jul 13, 2022

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What is Hyperion Essbase?

Oracle Essbase, which was previously known as Hyperion Essbase, is a cloud-based online analytical processing (OLAP) server software solution. The software provides its users with a platform and environment for developing tailored analytic and performance management applications which can be used to boost marketing and decision making within the business.

The software was initially developed and launched by Hyperion Solutions Corporation but was later acquired by Oracle Corporation back in 2007. Oracle Corporation was founded in 1977 in the United States. The company has grown since its establishment and has extended its operations into over 175 countries.

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Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

The cost of license starts at $9,995 per license. ITQlick pricing score is 4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Hyperion Essbase. You can also find here pricing information from Hyperion Essbase's website.

Pros

• Oracle Hyperion Essbase is a flexible business analytics tool that supports cloud and on-premise hosting
• The software offers a powerful what-if analysis feature that helps businesses carry out scenario planning
• Hyperion Essbase comes with pre-built out-of-the-box calculations for streamlined business analytics

Cons

• Hyperion Essbase does not offer artificial intelligence and machine learning tools like some of its top alternatives
• Report generation on the platform is sometimes slow

How it stacks up?

Access a head to head analysis of Hyperion Essbase vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Hyperion Essbase right for you or your business?

Oracle Hyperion Essbase is a business intelligence and analytics solution that serves clients across various industries, such as retail, telecommunications, manufacturing, banking, life sciences, government, healthcare, etc. The software supports cloud and on-premise deployments and is a scalable solution for midsize and large-scale businesses.