Oracle Essbase

Oracle Essbase 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. By leveraging its self-managed, rapid application development capabilities, business users can quickly model 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 conditions. Oracle Essbase supports extremely fast query response times for vast numbers of users, large data sets, and complex business models.

BENEFITS

  • Richest business user experience—Delivers "speed-of-thought" query response time that helps users quickly understand the metrics that influence business performance, ask questions, and make informed decisions. With its outstanding Microsoft Office integration, Oracle Essbase resonates with both business and financial analysts. In addition, its suite of reporting tools satisfies the diverse needs of users across the enterprise. Whether inside a spreadsheet, through formatted reports, via a powerful ad hoc graphical interface, or a data visualization paradigm, business users can easily and intuitively understand vital business drivers.
  • Highly advanced calculation engine—Oracle Essbase is the most advanced, high performance calculation engine on the market. With more than 350 pre-built, out-of-the-box functions it accelerates complex business model development and requires only a single point of maintenance to manage data and business rules. From straightforward aggregations to complex cross-dimensional allocations; from comprehensive time series intelligence to financial sophistication, the Oracle Essbase calculator delivers premium performance and breadth of functionality.
  • Best custom analytic environment—Oracle Essbase enables line-of-business users to drive application design with rapid iterations. The highly graphical "outline" technology makes it easy to build dimensions, hierarchies, metrics, and scenarios. Oracle Essbase allows the analysis and identification of trends and relationships, which can be used in conjunction with its unique multi-user read/write technology to produce forecasts and what-if scenarios. The Oracle Essbase engine powers the Hyperion Planning suite of applications, and optimizes performance via a range of data storage and compression methods configurable for the type of application being built. Capable of massive scalability for enterprisewide deployments, Oracle Essbase supports both 32- and 64-bit computing across both Windows and Unix operating environments.
 

The Challenges of Corporate Financial Reporting