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MicroStrategy vs Workday Prism Analytics comparison

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MicroStrategy Logo
MicroStrategy
Read 155 MicroStrategy reviews
7,142 views|4,700 comparisons
93% willing to recommend
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Workday Prism Analytics
Read 1 Workday Prism Analytics review
1,430 views|1,547 comparisons
100% willing to recommend
Comparison Buyer's Guide
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Buyer's Guide
BI (Business Intelligence) Tools
May 2024
Executive Summary

We performed a comparison between MicroStrategy and Workday Prism Analytics based on real PeerSpot user reviews.

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Featured Review
Pietro Saglietti
A robust solution for powerful data analytics
Gareth Jackson
A stable data analytics solution that needs some improvement with scalability and data visualization
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"I like the user interface and the experience has been great.""We have ramped up user adoption.""Cube performance and easy integration with third-party tools/products, are valuable features.""Dossiers are going to change the name of the game for us. We want to be able to have the executive committee go into a meeting and tell a story. We want them to tell us a story, not us.""We have been using it mostly for grid reports and its exporting features.""The ability to integrate with PPT is another plus. The platform's ability to write back data directly to the database is also good.""It helps all the store managers and supply chain people to obtain a view of the data and plan the next week, the next month, quarters, and so on.""Comprehensive security control and more."

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"Feature-wise, I feel that the solution's stability is good."

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Cons
"​The product is designed for enterprise. A lightweight version would be easier for a smaller workgroup.​""The UI seems klutzy with its manual entry.""​There are a lot of offerings, and we are not fully using everything to its advantage.""They need to do a better job In its ability to allow end users to produce their own reports, metrics, and self-service business intelligence.""I prefer the capabilities of a single platform, but it does not always work. We are a huge company. Some areas do not use MicroStrategy, so you have to blend whatever systems they are using together to get the data points that you are looking for.""It needs row-level security, column-level security, on attributes. I want to be able to handle full-scale security model from the semantic layer, flat out.""There might be opportunities for reporting or data analysis, perhaps even in the realm of simulation.""We have the mobile server. We have not used it. That is because the people on our team have not been trained on it yet, but that is something that we want to do."

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"It is not a very scalable product."

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Pricing and Cost Advice
  • "They made a change in the licensing module some time ago and we can now use all the enterprise tools for free."
  • "The pricing for MicroStrategy is always on the higher side. They should seriously start thinking about their pricing and licensing strategy."
  • "While initial cost of MicroStrategy is still on the higher side, the long-term benefits brings down overall cost of ownership significantly as compared to other tools like Tableau/Cognos."
  • "The price was good. We have had great support along the way."
  • "We actually researched some of the other solutions. For options, price, and customer acceptance, this product has worked well for us.​"
  • "​They gave us a good deal.​"
  • "There have been actual direct bottomline impacts in terms of extra revenue created from the reporting solutions."
  • "They need to work on their license structure. They are not competitive against somebody like SAP BusinessObjects. We had a quote that was almost a third the price, coming from SAP BusinessObjects, and it's not a better platform. It's not cheaper. They do concurrent user licensing, while MicroStrategy does named user licensing, and that was literally the only difference. But it made a $500,000 difference. They've got to do something to make themselves more competitive. Maybe it's assessing your business users and what you really expect them to use, and maybe giving a reduced price on that. But they are already giving us a 60% discount and they were still a million or so above, over a three-year time period. That doesn't account for synergies as we get from on-site resources that are already available, but I thought that that was a big, big deficit for them."

    • More MicroStrategy Pricing and Cost Advice →

  • "I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules."

    • More Workday Prism Analytics Pricing and Cost Advice →

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    Comparison Review
    Anonymous User
    MicroStrategy vs. Tableau
    After a recent presentation, several attendees asked me about the applications of Visual Insights and Tableau. Many companies are investing in both tools and are trying to figure out the right tool for specific applications Tableau has found its sweet-spot as an agile discovery tool that analysts use to create and share insights. It is also the tool of choice for rapid prototyping of dashboards. Tableau is very flexible with its data import. Tableau's data blending capability is very intuitive. This capability is useful when you have data spread across several different sources that has not gone through ETL processes. This is a problem analysts deal with routinely. They are unable to wait for the data warehouse team to develop ETL processes to provide the physical models they need to build an analysis. The Tableau interface is Excel-like and has a low barrier to entry for analysts that are used to working in Excel. Building a dashboard by mashing up visualizations in a Tableau worksheet is extremely simple. Users are able to build good presentation-quality dashboards in a very short amount time. Tableau's annotations capabilities and its time and geographical intelligence are key differentiators. Tableau has overcome limitations in data sharing with the introduction of a Data Server in Tableau 7.0. The Data server allows Data sources and extracts to be shared securely and opens up interesting new possibilities. If your application can take advantage of the above… Read more →
    Questions from the Community
    What do you like most about MicroStrategy?
    Top Answer:The stability of the product is good.
    Read all 28 answers   →
    What is your experience regarding pricing and costs for MicroStrategy?
    Top Answer:MicroStrategy's licensing cost is higher than that of other tools in the market. My company uses the enterprise edition of the product. For beginners, there are trial accounts that are provided by the… more »
    Read all 23 answers   →
    What needs improvement with MicroStrategy?
    Top Answer:For everything we do in our company, we consider MicroStrategy to be a workaround solution. For better customization in documents or dashboards, MicroStrategy can improve the features or settings… more »
    Read all 34 answers   →
    What do you like most about Workday Prism Analytics?
    Top Answer:Feature-wise, I feel that the solution's stability is good.
    What is your experience regarding pricing and costs for Workday Prism Ana...
    Top Answer:I do not know of the licensing cost, but there are additional costs like 5,00,000 for recruitment modules.
    What needs improvement with Workday Prism Analytics?
    Top Answer:I think you need to get some data visualizations or some sort of schema that you can print to see the relationships or the different business objects and IDs. I tried to be able to use the useful data… more »
    Ranking
    8th
    out of 114 in BI (Business Intelligence) Tools
    Views
    7,142
    Comparisons
    4,700
    Reviews
    12
    Average Words per Review
    568
    Rating
    7.5
    25th
    out of 114 in BI (Business Intelligence) Tools
    Views
    1,430
    Comparisons
    1,547
    Reviews
    1
    Average Words per Review
    563
    Rating
    7.0
    Comparisons
    Also Known As
    Prism Analytics
    Learn More
    MicroStrategy
    Workday
    Overview

    Company: Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. With direct operations in 26 countries worldwide and approximately 2,000 employees, our mission is to provide enterprise analytics, mobility, and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.

    Product portfoilio:

    MicroStrategy 10 Secure Enterprise™ empowers leading organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two distinct offerings: MicroStrategy Analytics™ and MicroStrategy Desktop™. MicroStrategy Analytics delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights anywhere, anytime, via mobile devices or the Web. It also combines the agility and productivity of self-service visual data discovery with the security, scalability, and governance features of enterprise-grade business intelligence. MicroStrategy Desktop is a standalone, on-premise visual data discovery tool designed to enable business users to analyze and understand their data. MicroStrategy Mobile™ enables organizations to rapidly build custom business applications that deliver analytics combined with transactions, multimedia, and custom workflows to mobile devices. MicroStrategy Secure Cloud™ combines all of the enterprise analytics, mobile, and security features in MicroStrategy 10 Secure Enterprise with powerful and scalable data integration, validation, and warehousing services — all delivered in an environment where organizations can deploy transformational analytics applications in minutes.

    Usher, MicroStrategy’s breakthrough security solution, is a powerful mobile security platform designed to dematerialize traditional forms of identity verification (such as passwords, tokens, and physical badges) and replace them with a single mobile identity badge that is cryptographically linked to its owner’s smartphone and dynamically linked to an enterprise’s existing identity repositories. Usher works on standard Android and iOS smartphones, and also boasts an Apple Watch™ integration.

    With Workday Prism Analytics, you can bring data in at scale from any source and prepare, analyze, and securely share it with your organization. The result? You gain all the insights you need to drive better business outcomes.

    Sample Customers
    Allstate Insurance, Barneys New York, Boston Children's Hospital, Buenos Aires Department of the Treasury, Campbell Soup Company, DHL, eBay, eHarmony, Facebook, Four Seasons Hotels Inc., Godiva, Hard Rock International, LinkedIn, Netflix, Pfizer, SECO (Swiss Government Unemployment Agency), Starbucks, Texas A&M University, Thomson Reuters Markets, US House of Representatives, and the US Postal Service.
    Denny's
    Top Industries
    REVIEWERS
    Financial Services Firm15%
    Healthcare Company13%
    Retailer11%
    Computer Software Company7%
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Computer Software Company11%
    Retailer9%
    Insurance Company7%
    VISITORS READING REVIEWS
    Financial Services Firm11%
    Healthcare Company9%
    Computer Software Company8%
    Insurance Company8%
    Company Size
    REVIEWERS
    Small Business22%
    Midsize Enterprise17%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise14%
    Large Enterprise66%
    Buyer's Guide
    BI (Business Intelligence) Tools
    May 2024
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    MicroStrategy is ranked 8th in BI (Business Intelligence) Tools with 155 reviews while Workday Prism Analytics is ranked 25th in BI (Business Intelligence) Tools with 1 review. MicroStrategy is rated 8.2, while Workday Prism Analytics is rated 7.0. The top reviewer of MicroStrategy writes "A robust solution for powerful data analytics". On the other hand, the top reviewer of Workday Prism Analytics writes "A stable data analytics solution that needs some improvement with scalability and data visualization". MicroStrategy is most compared with Microsoft Power BI, Tableau, IBM Cognos and SAP BusinessObjects Business Intelligence Platform, whereas Workday Prism Analytics is most compared with Microsoft Power BI, Tableau, Databricks, Oracle Analytics Cloud and Alteryx.

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    We monitor all BI (Business Intelligence) Tools reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.