Oracle Hyperion Review - why 4 stars?

Shlomi LaviShlomi Lavi / updated: Jul 16, 2020

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What is Oracle Hyperion?

Main category: Business performance management

Oracle Hyperion is planning software designed to support planning, forecasting and budgeting needs of large companies, and facilitate them in evaluating the business and making relevant decisions. This is an enterprise level suit manufactured by Oracle Corporation, with rich functionality and integration with several essential Microsoft Office applications.

Oracle Hyperion rating -

The rating of Oracle Hyperion is 4 stars out of 5 and the total score is 91 out of 100. The rating and score are based on ITQlick expert review. We publish unbiased reviews, learn more in our score and rating methodology page

Typical Customers

Oracle Hyperion is best fitted for large companies with extensive planning needs. It includes numerous features and tools that support a smooth and efficient planning process. Oracle Hyperion supports the hierarchic order and is able to combine all relevant departments for planning purposes. Large enterprises can gain s comprehensive view of thweir business operations and ensure that they have proper financial plans.

Features

Oracle Hyperion can help your business in many ways: better planning in terms of budgeting and forecasting will help you make informed decisions that will impact your business growth significantly. You will be able to evaluate various company aspects pertaining to specific departments and align all plans with basic Microsoft Office tools. Change monitoring will clearly indicate the impact of particular changes on business and will help you eliminate critical risk factors.

Oracle Hyperion 5 Pros

  • Oracle Hyperion is integrated with Microsoft Office tools, which is an ideal planning solution
  • Oracle Hyperion has been able to simplify the budgeting and forecasting process, which saves time for businesses
  • Oracle Hyperion becomes crucial during transitional periods in the business
  • Oracle Hyperion includes cloud data storage which allows you to access data from anywhere via the internet
  • Oracle Hyperion is comprehensive and offers all essential management and administrative tools

Oracle Hyperion 2 Cons

  • Oracle Hyperion depends on Essbase, which is quite limiting for planning functionalists
  • Most of the reporting features require a separate architecture at additional cost

Competitors & Alternatives

Some of the main competitors for Oracle Hyperion are IBM Cognos TMI and Prophix.

With IBM Cognos TMI companies get a solution focused on forecasting, budgeting & planning for enterprise requirements. It includes a collaboration platform to allow users to share information on the planning process to improve decision making. There is the option to model multiple budgeting scenarios to improve forecasting options, and the product supports profitability analysis with scorecards to track metrics with KPIs and dashboards.

Oracle Hyperion on the other hand provides addition support for workforce & capital asset planning, project financial planning as well as public sector planning & budgeting. It includes predictive planning based on historical analysis, workflow automation, as well as mobile device access for remote planning needs. The tool is fully integrated with Microsoft Office to improve business productivity and ensures real time updates of budget & planning reports whenever forecasts are revised.

Prophix provides planning solutions that cover cash flow & revenue, personnel & projects, as well as capital expenditure & strategic planning. This is integrated with budgeting & forecasting software which can provide profitability analysis support. Prophix also includes a collaboration platform to allow complex business modeling and supports integration to a variety of third party applications. In addition this software is linked to corporate performance management to improve operation & business processes.

Oracle Hyperion also supports collaborative planning & budgeting, as well as bi-directional integration with ERP systems. Additionally it can be deployed on premise, in the cloud or as a hybrid solution as required.. The full list of competitors can be found here.

Oracle Hyperion Pricing Information

The cost of license starting from $9,995 per license. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 4.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Oracle Hyperion

Questions to ask the vendor during a demo

Schedule a demo with Oracle Hyperion and access 25 must ask questions for the vendor while watching Oracle Hyperion in action.

Oracle Hyperion Categories

Budgeting & CPM
Business Intelligence
Business performance management

Oracle Hyperion specifications

ITQlick Score: 91/100
ITQlick Rating: (4/5)
Company: Oracle Corporation
Address: Oracle Corp, Oracle Parkway, Redwood City, CA
Pricing: Starting from $9,995 per license
Typical customers: Medium business, Large business
Platforms: Desktop, Cloud
Operating Systems: Mac OS, Windows, Linux

Oracle Hyperion Features

Ad-Hoc Analysis
Ad-Hoc Reporting
Dashboarding
Forecasting & Budgeting
Performance Measurements
Data visualization
Data warehouses
Enterprise Performance Management
Strategic Enterprise Management
For Service Organisations
Production budget

Oracle Hyperion Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Oracle
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
91/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.2/10
License pricing license pricing (if provided by the software vendor)
$9,995 per license
Functionality score
14
Software review
Anaplan
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
89/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality score
24
Software review
Budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
87/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.4/10
License pricing license pricing (if provided by the software vendor)
$10,000 per year
Functionality score
29
Software review
Infor
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$150 per user/month
Functionality score
38
Software review
IBM
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$45 per month
Functionality score
5
Software review
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.