Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
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Qlik Replicate
Score10 out of 10
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Qlik Replicate enables organizations to accelerate data real-time replication, ingestion and streaming via change data capture, across a wide range of heterogeneous databases, data warehouses and data lake platforms.
Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement. Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
Qlik Replicate works very well with relational data platforms, both on premise and in the cloud, for example Oracle, SQL Server, PostgreSQL, MySQL and others, it also works very well with DB2. If the data source is MongoDB, it is more complicated and currently there is no possibility of sending data to MongoDB.
This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Replicate is extremely stable and does not generate a lot of alerts/failures/issues that take up time to troubleshoot.
It is very easy to add new source tables to a Replicate task so that we're always in sync with new data available from the CRM.
It's nice that Qlik Replicate also allows you to create a job to stop and then restart your tasks during maintenance windows that occur on both the source and target systems.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
One pain point for us is the consolidation and translation process. Needing to translate the data over and over again is frustrating and there is no visibility into how many users are running a translation. If multiple users attempt to translate the same data set, say goodbye to your performance but you have no way of knowing! (Unless you want to pull up a task audit which is not a very realistic expectation). It has the been the quickest way for us to bring the system to it's knees. The consolidation process performs in direct correlation to the complexity of the calculation/consolidation rules. So, while the product is extremely flexible, you still have to be careful how you design your rules and calculations to make sure that you do it on the smallest subset of data as possible to avoid large processing times. This makes sense, but requires some significant expertise that most organizations do not have in-house.
The Hyperion Financial Reporting product is ridiculously outdated and clunky to use. The interface for designing reports is not intuitive, and not easy to modify once a report is built. I think there must be a strategic decision to move away from it and go to something more like Oracle BI because I just can't understand why in the world they don't update the reporting product. It also requires a significant level of expertise to be able to use. Not a great solution at all if you want multiple end-users to create reports in something other than Excel. Nobody except the HFM admin (which I used to be) in our company even touches this module.
Another pain point is the amount of IT support that is required to run this thing, and again, specialized knowledge of Hyperion products and how they work is required for IT to adequately support it. This goes for application servers and the Oracle database that the applications are running on.
The base Replicate web GUI is lacking. If you have dozens or more tasks, it's hard to get a sense of how they're performing. Enterprise Manager solves all of these problems but is a separate install.
The support portal is extremely difficult to navigate. It's hard to track down exactly what you're looking for.
It would be helpful to have better documentation and example queries for the tables in the Enterprise Manager analytics database.
Destination databases that don't support common DDL commands behave unpredictably. And the replication of schema changes isn't consistent.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
The availability of the replicated data in disparate environments has is now crucial. Replacing a product like Qlik Replicate would require significant time, investments, and work. In addition, Qlik Replicate is reasonably reliable with few failures.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We now have greater business flexibility and scalability, and our big data integration projects have a quick rate of growth, which has been profitable for us. Independent of the sources involved, maintaining data consistency between sources is easy. One of my favorite features is the way it lets owners of the source system start and stop processes from updating their system windows.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The issue I've had is that Qlik does an awful job of keeping their customers informed when new versions of the software are available. We found that we were using a version that was no longer supported and could never get help. When it came time to get us upgraded so that we were on a current version, no one knew how to help get us to where we needed to be. We had to purchased professional services time and even then I was basically on my own to get everything built out and set up. Qlik needs to be more proactive with communicating about new releases and how to get your version upgraded in the most secure, safe way possible.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Follow the directions from the Qlik documentation. They are pretty straight forward and easy enough to follow. If you follow these, then you are not likely to have issues on implementation.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work permits.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
Great tool for data replication solution for Oracle/SQLServers/etc. Real easy to get it set up and start realizing business value. Getting the PoC accomplished in a short window. Product costing and easy to start small and scale as needed. It helped cover most of our ask compared to other solutions.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Prior to using Qlik Replicate, we used an ETL solution to copy data from the Oracle ERP system to the Microsoft SQL Server BI system at a 15-minute interval. It was very tedious to maintain. Qlik Replicate is much easier to use and we replicate data near real-time now.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
