Oracle Hyperion (legacy) vs. SharePlex

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.

Incentivized

SharePlex really shines when set alongside GoldenGate. The licensing costs of the two products would appear to place them in entirely different ballparks yet they perform nearly identically in practice. SharePlex is suitable for heterogenous replication of one database to another. The list of targets is ever increasing, with support for all major RDBMS vendors as well as support for popular NoSQL and JSON replication. SharePlex is effective when replicating from on-premise to cloud. Whether that's migrating data, creating a high-availability presence in a public or private cloud, or populating a data mart, it does the job quite well.

Incentivized

• 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.

Incentivized

• SharePlex is highly configurable and versatile. It can handle virtually any kind of data replication needs.
• SharePlex is very robust. Its message queuing mechanism provides fast data transfer from the source to the target.
• SharePlex software is very stable and mature, and it is highly scalable and reliable.
• SharePlex support is exceptionally good. We are very satisfied with its support engineers.

Incentivized

• 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.

• When first introduced the Change Data Capture process was awkward. Each subsequent release has improved the process.
• Sometimes the Shareplex monitoring service in Foglight gets overly aggressive in sending out error notifications and can end up spamming the admins with email alerts for one problem. We have had to tone that down.

Incentivized

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.

We depend on it to supply data to our various OLTP and Data Warehouse environments

Incentivized

It is very usable once you get over the initial setup.

Incentivized

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.

Incentivized

Support is very responsive. They take ownership of the problems and see them through to the finish. When a bug is found they work towards developing testing and making the fix available to us to solve the problem.

Incentivized

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.

Incentivized

SharePlex support is an award-winning team, which is available for 24 hours, and any time they have solutions with perfect expertise. Besides, SharePlex has supported data migration, with multiple reporting features that ensure there are comprehensive database evaluations. The simplicity of SharePlex installation also gives it a higher mark, is very efficient, and allows companies to understand it easily.

Incentivized

• 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.

Incentivized

• Postive: easy to replicate data for non-prod use
• Negative: we spent a lot time due to data out of sync

Incentivized