What is Essbase used for?

Essbase is mainly used in budgeting and financial services because it is easy to run scenarios using dimensions that allow you to see how any point in the database changes with changes to a single variable.

Is Essbase an ERP?

Essbase products enable organizations to leverage data in their data warehouses, legacy systems, online transaction processing (OLTP) systems, enterprise resource planning (ERP) systems, e-business systems, customer relationship management (CRM) applications, Web log files and other external data sources.

What is the difference between Hyperion and Essbase?

Hyperion Essbase is more flexible than Hyperion Planning as it is a standalone OLAP engine and can be used for more than just planning purposes. While Essbase excels at financial calculations and analysis, it can benefit any business department that uses numeric data.

What is Essbase in Oracle Cloud?

Oracle Analytics Cloud – Essbase is your one-stop cloud service to build, deploy, and manage analytic and reporting applications for any size organization and deployments. The cloud platform service provides flat-file, Excel-based, and SQL-based import and export.

What happened to Essbase?

Oracle Corporation acquired Hyperion Solutions Corporation in 2007, as of 2009 Oracle marketed Essbase as “Oracle Essbase” (an on-premises product) and more recently, Essbase is offered as part of the Oracle Analytics Cloud.

Does Hyperion use Essbase?

Hyperion Financial Management works with Oracle Essbase Analytics Link, data warehouses, and other data sources. Pre-defined and user generated management dashboards can be created directly from the data held in Hyperion Financial Management by using Oracle Financial Management Analytics.

What is the developer of Essbase?

Oracle Corporation
Essbase began as a product of Arbor Software, which merged with Hyperion Software in 1998. Oracle Corporation acquired Hyperion Solutions Corporation in 2007, as of 2009 Oracle marketed Essbase as “Oracle Essbase” (an on-premises product) and more recently, Essbase is offered as part of the Oracle Analytics Cloud.

Is Essbase part of Hyperion?

Essbase began as a product of Arbor Software, which merged with Hyperion Software in 1998. Oracle Corporation acquired Hyperion Solutions Corporation in 2007, as of 2009 Oracle marketed Essbase as “Oracle Essbase” (an on-premises product) and more recently, Essbase is offered as part of the Oracle Analytics Cloud.

What does Essbase mean?

Essbase is a multidimensional database management system (MDBMS) that provides a multidimensional database platform upon which to build analytic applications.

What is Oracle Essbase?

Oracle Essbase. Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications.

What is Oracle Hyperion?

Hyperion is the business division of Oracle that’s known for corporate performance management ( CPM) and business intelligence systems. The Hyperion portfolio includes products for financial management, budgeting, planning and forecasting ( BP &F ), financial reporting, database management, financial consolidation,…

What is an Essbase cube?

An Essbase Database is also commonly referred to as a cube. Essbase is an object oriented database that provides users with multidimensional analysis capabilities. Essbase Databases are often called “Cubes” and are defined by dimensions, which themselves are hierarchical groups of members Data is organized…