We performed a comparison between Domo and Oracle Hyperion based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The dashboard is the most valuable feature and allows for customization to create and share reports."
"In general, Domo is very powerful and very easy to use, relatively speaking."
"We find the ease of using the solution valuable."
"The ability to create custom connectors was useful because you never know, with customers, what platform they want to utilize or what data they have. It gave us a lot of flexibility in being able to bring data in from different places."
"The best feature of Domo is that it's completely on the cloud. I also like that you can handle data end-to-end without having to depend on multiple tools. Another specific feature I like the most about Domo is Magic ETL because, through it, you can do all your expression, transformation, and loading activities very smoothly. The tool also follows the lineage concept, so you can understand what kind of transformations took place on a particular data set. You can find end-to-end data from the source until it has become the final output or the final data set. Whatever happened to a particular data set, you can understand it through the Domo lineage, and that isn't possible in most of the tools available in the market, but in Domo, that's available. The tool is also solid and because it's on the cloud, it uses multiple data engineering in the backend and multiple algorithms in the back, behind the scenes, resulting in a great performance. For example, if an end user such as the CEO or COO opens a report or the dashboard and it takes more than ten seconds, the end user won't be interested in looking at that report or dashboard, but Domo enables better performance and there's usually no performance issues from that tool."
"In Workbench 5, they have come up with a very useful feature called Upsert. When you're pushing data into the data set, if the data is already available it will update the data, and if that the data is not there it will insert it. That is a beneficial feature that they introduced in the latest version."
"The ease of use, overall, is one of the valuable features, as is the ease of setup. Other than making sure IT was aware of, and agreed with our proceeding, we did not need IT for any of the setup. The ease of setup is more valuable than you might think. The ease of configuring the security policies, setting up groups, and setting up personalized data permissions so that only certain people can see certain data — that stuff is amazing... Domo really is extraordinarily full-featured, but it's really easy to use."
"One feature which I have found to be very interesting is the Beast manager, where you can create calculated fields. They are shared in one common repository so someone else can use the same calculated fields; they don't have to rewrite or reinvent the APIs."
"The most valuable features are those associated with modules and SP, IT in this space, planning, HFM, and PME."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"This product is very scalable and provides high ROI."
"Hyperion is helpful for all our budget processes."
"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."
"The stability is fine and quite user friendly."
"We have found there is excellent stability with Oracle Hyperion."
"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard."
"They could use more charts. They have had a very limited number of charts we can use. I believe, now, there are somewhere around 30 of them, but they could definitely use some more options."
"It's quite slow. We are using about 2,000,000 rows of data. Creating certain reports takes almost a couple of minutes, which should not be the case."
"There's a learning curve before you can get used to the solution."
"I would like to see more dashboard creation options."
"I would like to be able to drill down more when there is a particular area where there is a problem. I don't clearly see that in Domo at the moment."
"It is very difficult too, if we do have specific requests or errors that we can't get figure out - especially when it comes to the development platform, developing custom connectors or doing any kind of API work, custom cards - in that there's a lag in the response time."
"The ETL way of storing is not up to mark. You have to rely on the naming convention that you're using in Domo because there are no folder systems where you can collate all your workflows and put them into separate folders. A folder system should be there so you can easily identify how you are working. Once you want to make some changes to your ETL, then you can see the whole lineage, identifying what is there and not there."
"There were very few cases on some of the tables, the data tables, where I wish there was an additional feature or two."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
"What I like is to have everything on one platform and not in different modules like Oracle Hyperion."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage."
"The analytical side of the product could be better and needs to be improved."
"Oracle Hyperion's scalability could be improved."
"The level of complexity of the implementation is always a challenge."
"The forecasting of values could be simplified in this solution."
Domo is ranked 10th in Business Performance Management with 35 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews. Domo is rated 7.8, while Oracle Hyperion is rated 8.0. The top reviewer of Domo writes "Robust, powerful, and easy to use". On the other hand, the top reviewer of Oracle Hyperion writes "A world-class solution that provides a lot of functionality out of the box and also allows you to customize it to meet your needs". Domo is most compared with Tableau, Microsoft Power BI, Databricks and Looker, whereas Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and Axiom EPM. See our Domo vs. Oracle Hyperion report.
See our list of best Business Performance Management vendors.
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