What Is Oracle Essbase?

1 What Is Oracle Essbase?

Oracle Essbase is a business analytics solution that uses a proven, flexible, best-in-class architecture for analysis, reporting, and collaboration. Essbase delivers instant value and greater productivity for your business users, analysts, modelers, and decision-makers, across all lines of business within your organization.

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About Oracle Essbase

Oracle Essbase provides a wide range of powerful and comprehensive functionality.

Best-in-Class Functionality

Oracle Essbase can be accessed on an intuitive web interface, or using Microsoft Office, for all of your analytic and business modeling needs, from multi-dimensional analysis to complex procedural business logic applied to your data. You can easily create and share on-the-fly transient models or deliver enterprise-wide long-established databases. New agile forecasting functionality facilitates collaborative what-if analysis and modeling. A gallery of cube templates provided with Essbase helps you get started.
Proven Platform and Technology

Oracle Essbase helps you to build your company’s cloud strategy efficiently by avoiding data and business process fragmentation. Oracle Essbase can be easily deployed on Oracle Cloud Infrastructure, which can then be widely used to solve simple to complex business analytics use cases across all industries. It is designed to help you model business performance levels and deliver what-if analyses for varying conditions. Using Oracle Identity Cloud Service, Essbase can utilize enterprise-wide user profiles to work and integrate with Oracle Cloud.
Flexible

Oracle Essbase leverages the best of your own on-premises software, adds new functionality, and reduces the complexity of deployment. You get specially built technology to facilitate your rapid deployment of on-the-fly analytic models, enabling them to be extended as your business needs evolve or discarded in favor of your new models. By creating and sharing ad hoc models, you can quickly build and collaborate using Microsoft Excel or web interfaces.
Enterprise Ready

Oracle Essbase is your one-stop application to build, deploy, and manage analytic and reporting applications for any size organization and deployments. It supports data backup and migration, and can also distribute application templates throughout your organization without compromising ease of use or self-service options. The software provides flat-file, Excel-based, and SQL-based import and export.
Rapid Deployment

With Oracle Essbase, you can get started immediately, with Oracle Marketplace offering. Marketplace allows you to quickly deploy relevant Oracle Cloud Infrastructure stack components to get started using Essbase. With quick deployment, you can deploy database, storage, and required network infrastructure components. You do not have to buy, install, or configure hardware on-premises. Using the new application workbook upload, you can also leverage the deep product expertise of the worldwide Oracle Hyperion Partner network and the Essbase gallery templates to quickly develop and deploy cloud-based analytic models.
Portability

If you’re an existing Essbase customer, you can leverage its built-in migration capabilities to port your on-premises applications to Oracle Essbase on Oracle Cloud Infrastructure. Migrating to the cloud enables your organization to extend Oracle Essbase usage across the enterprise to other lines of business, without additional demands on your IT resources, hardware, personnel or budget.

Features of Oracle Essbase

Oracle Essbase provides a complete set of tools and features for deriving and sharing data insights.

Both large organizations and small teams can share data more simply, without the need to manage or consolidate multiple versions of spreadsheets, and quickly perform ad hoc analysis of the spreadsheet data.

Application developers can utilize interfaces that enable them to extend, customize, and embed rich analytic experiences in the application flow.

With Oracle Essbase, you can take data from any source, and explore and collaborate with real-time data, using a multidimensional engine.

You can also:

Use Oracle Analytics data flows including ingestion, transformation, and persistence, to create Essbase applications
Create and manage Essbase applications from Microsoft Excel by using Cube Designer
Create connections and data sources for drill-through, data loads, and dimension builds
Collect collaborative data, create scenarios, and perform what-if analysis using Smart View
Create transparent and replicated partitions
Manage Essbase, including backups, migration, monitoring, and patches, giving you control and manageability
Set up a private VCN to connect to on-premises data sources

Sample Scenarios

Here are some sample scenarios of your deployment of Oracle Essbase.

Sample Scenario	Description
Drill Through to Source	Define and execute drill through reports so that you can analyze additional detailed data retrieved from external data sources.
Perform What-if Analysis	Create, manage, and analyze scenarios, and also use light-weight life cycle management of the scenario themselves.
Forecast	Perform top-down and bottom-up forecasting and allocations.
Create and Manage Cubes from Excel	Design, create, and modify fully functional cubes from Excel-based application workbooks. Design the cube within the application workbook, import the workbook to the cloud service to create a cube, load data, and calculate the cube. Create cubes from tabular data, from any source system.