Oracle Hyperion Essbase

ORACLE HYPERION 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.

AstralTech Solutions Performs:

  • New implementations of Hyperion Essbase
  • Hyperion Essbase migrations and upgrades
  • Conversions from other OLAP databases to Essbase
  • Application reviews
  • Application redesigns and optimizations, including:
    • ⇒ Complex calculation scripts and member formulas
    • ⇒ Essbase Partitioning
    • ⇒ Essbase database tuning
    • ⇒ Essbase data integration
    • ⇒ Automation (data, outline & metadata updates, calculation and application maintenance)
    • ⇒ Database backup processes

Astral Tech provides expertise, best practices and certified consultants in Essbase implementations to deliver the most efficient and effective solutions. We help clients to optimize and customize analytics in Essbase to meet their Enterprise Performance Management needs.

KEY FEATURES
  • Move beyond silos of business intelligence and disconnected spreadsheets
  • Real time analysis of key customer data, finances and spending, and product profitability
  • Cost saving links to existing systems
  • Speed of thought analysis for thousands of concurrent users
  • Fast and easy development, deployment, and maintenance Robust security system
KEY BENEFITS
  • Supports a large user community across massive data sets
  • Uses innovative, visual, easy to understand interfaces
  • Facilitates understanding of customer segments and behavior patterns
  • Enables rapid discovery of trends and highlights these trends in large data sets
  • Delivers rapid batch load and calculation times
  • Supports highly dimensional models
  • Leverages investments in legacy systems
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.

With Oracle Essbase, organizations define a dimensional view of their business—and provide business users with new levels of self-sufficiency to access, navigate, and gain actionable insight into critical business issues. All of this through the various end-user tools for Oracle Essbase. For example, Oracle Hyperion Smart View for Office (Excel, PowerPoint, Word, and Outlook), and Oracle BI Suite Enterprise Edition Plus, including Dashboards, Answers, Hyperion Interactive Reporting, Hyperion Web Analysis, Hyperion Financial Reporting, are some of the various Oracle tools that enable users to interact with an Oracle Essbase application. Oracle Essbase provides adaptable data storage mechanisms for specific types of analytic and performance management applications, thereby ensuring sub-second response times regardless of the complexity of the analytics. For example, Block data storage option (BSO) enables driver-based scenario modeling, forecasting, and predictive analytic applications. Aggregate data storage option (ASO) is optimized for massive sparse data sets, supporting thousands of concurrent business users performing sophisticated analyses at the speed of thought.

Oracle Essbase Benefits

Richest User Experience
Oracle Essbase brings powerful online analytics processing (OLAP) directly to the business user. Query results can be displayed through interfaces of the user’s choice, including Microsoft Office tools, and the variety of intuitive reporting options which Oracle offers. With the advantage of consistent, subsecond response times, users can interact with the data at the speedofthought without support from technical experts. This ability to “converse” with the data—understanding that an answer to one question leads to another—enables business users to better identify and analyze the metrics and relationships that influence performance, and to make better, more informed decisions. Users can share their saved reports, and modify their appearance, or create powerful additional queries as new questions arise.

Multidimensional Representation and Extension
Data is categorized in Oracle Essbase in the form of dimensions, a dimension could for instance represent a time period or a product or a customer. Thus a query may be to compare actual sales for a product in a specified state during the month of March 2010 with the corresponding budgeted value for that month. There are often relationships between members of a dimension and these relationships are represented by a hierarchy. A hierarchy enables mathematical calculations to be executed against the data, so for example all the sales for individual states can be aggregated to create a value for the entire USA. Oracle Essbase allows multiple hierarchies to be established so data can be speedily calculated or aggregated. Structures in Oracle Essbase such as dimensions and hierarchies are displayed in the “Outline”, which is a graphical representation that enables authorized users to easily review and maintain structures as business requirements change.

Users can extend data by using metrics or drivers to estimate what results will be inthe future. These driver metrics can be based upon history, trends or entered by the user. These forecasted results can be compared with actual results and the reasons for variances investigated so that more accurate forecasts may then be produced. Users can also create further scenarios where they may model for exceptional changes in business and be prepared for turbulent trading conditions through this “whatif” analysis. This assists fast resolution of business issues and for risks to be managed.

Most Highly Advanced Calculation Engine
At its core Oracle Essbase contains a high performance calculation engine with over 350 prebuilt, outofthebox functions. This comprehensive library enables Oracle Essbase to scale from simple aggregations to complex, crossdimensional allocations. Financial formulas of all types are included to support business model development. In addition, business rules can be created to manage complex calculation requirements using a spreadsheet like syntax.

Reporting Options
A wide variety of users, from many departments, will want to use Oracle Essbase. Delivering the information to them in a suitable form is of paramount importance. Data can be delivered to Oracle Business Intelligence Suite Enterprise Edition and in addition presented through a variety of formats including interactive dashboards, financial and production reports, Microsoft Office and advanced data visualization tools. Each of these reporting options suits a particular purpose, but all use the same data, and common data definitions ensuring consistency across the enterprise.

Open, Scalable and Secure
Oracle Essbase can be populated through a wide variety of tools that allow it to access any commonly recognized data source; the data can then be combined into a single analytic view, so the entire enterprise can be consistently reported upon.
Many organizations have multiple, large data sources from which the data needs to be extracted. Oracle Essbase performance is unmatched, offering inherent capabilities to optimize data load and recalculate data sets so results are speedily available to the users. Oracle Essbase enables detailed analysis of terabytes of data for thousands of simultaneous users providing uptotheminute, dependable information. This highspeed analysis provides business users speedofthought responsiveness to manage performance in real time. User scalability features such as caching, multithreading, partitioning, and crossplatform support enable IT professionals to use fewer servers to support many analytic applications and large user communities. Supporting 64bit architectures, Oracle Essbase enables larger analytical models with shorter calculation times, increasing the potential size of analytic applications, and the number of concurrent users. In addition, its ntier architecture provides connection pooling, load balancing, and automatic failover so IT employees meet servicelevel requirements. With its High Availability Services feature, Oracle Essbase delivers distribution of processing across multiple physical servers to increase application availability.
With the potential to support thousands of users accessing significant volumes of data, security is a priority. Oracle Essbase leverages the Oracle EPM system foundation’s common authentication system offering both high level and detail cell level controls and the support of Group or Role based security models. In addition, Oracle Essbase supports Oracle Fusion Middleware security components like Oracle Internet Directory, Oracle Identity Management, and a single signon for Oracle Enterprise Performance Management Workspace.

System Maintenance and Deployment
Manageability features within Oracle Essbase drive down IT costs. These features include packaged business product management applications; J2EE; .NET development tools; certified enterprise resource planning/customer relationship management application integration adapters; administrative wizards; automated maintenance scripts; Unicode support; and reusable dimensions, hierarchies, and business rules. The open architecture also lowers costs to develop, deploy, and maintain by leveraging existing IT skill sets. In addition, Oracle Essbase supports efficient, automated backup and restoration of the database as well as lifecycle management that provides a consistent way for administrators to migrate applications and artifacts across product environments. Oracle Essbase leverages Oracle’s Hyperion Foundation Services and Oracle Fusion Middleware to provide a common platform of services upon which companies can create, deploy, and manage EPM applications in one place.