Develop Custom Business Analytics
Organizations no longer need to rely on complicated spreadsheets with difficult to maintain formulas and non-existent audit trails to determine the success of their business. Hyperion Essbase, designed specifically for business users, streamlines forecasting, variance analysis, root cause identification, scenario planning and what-if modeling.
Oracle Essbase (Extended Spread Sheet Database) is the industry-leading multi-dimensional online analytical processing (OLAP) server providing a rich environment for effectively developing custom analytic and enterprise performance management applications.
- Essbase supports extremely fast query response times for multiple numbers of users, large data sets, and complex business models. It was developed to address the scalability issues associated with spreadsheets.
- Business users can quickly model the most complex business scenarios. For example, line-of-business personnel can simply and rapidly develop and manage analytic applications that can forecast likely business performance levels and deliver “what-if” analyses for varying or unforeseen conditions.
- While Essbase is a web software application, it also has an add-in with Microsoft Office (called Smart View) which allows users to forecast or budget in Microsoft Excel, an environment comfortable to most finance users.
Essbase Implementation Process
BizTech can jumpstart your Essbase implementation, helping your organization reap the rewards of Essbase’s Online Analytical Processing (OLAP).
Our implementation method facilitates a phased approach in which knowledge transfer is conducted whereby clients assume ownership of future project phases, reducing dependency on external services and those associated costs.
We have significant experience helping organizations utilize their Essbase system to achieve maximum efficiency and minimize costs and risk.
The combination of BizTech’s proven implementation methodology and skilled practitioners ensures a rapid implementation after which users will be able to easily discover performance trends and indicators and analyze business issues currently buried within your organization’s data.