Overview

Essbase is widely considered to be the industry leading OLAP (On-Line Analytical Processing) server. Built on a real-time analytic infrastructure, Essbase provides BI and EPM users the ability to quickly dissect and analyze data through an intuitive interface.  Essbase end-users have multiple options for interacting with data including Microsoft Excel, Hyperion Financial Reporting and Hyperion Web Analysis. By bringing Essbase together with other Oracle applications, users will find broad support for demanding business requirements.  Breaking down large datasets, working with best-case/worst-case scenarios, forecasting multi-line expenses, and reporting variance analysis is now at your fingertips. Essbase ultimately allows end-users to interact and analyze real-time data through an integrated, rapid-response, and secure environment.

Product History

Arbor Software Corporation, an OLAP software company that designed and marketed multidimensional database software for planning and analysis, developed Essbase (Extended Spreadsheet Database), first branded “Arbor Essbase” in 1992. This multidimensional database product was originally developed to address the scalability problems associated with spreadsheets like Microsoft Excel and Lotus 1-2-3.

In 1998, Hyperion Software Corporation, a company with packaged analytic applications specializing in financials, and Arbor, merged to become Hyperion Solutions Corporation. Their first assignment after the merger was obvious, integrating Essbase with Hyperion Pillar, Hyperion Enterprise, and Hyperion Reporting.

After the merger, Essbase became the backbone to a full suite of applications for planning & budgeting, financial consolidations, scorecards, reporting, and more. Hyperion Solutions become a leader in the world of performance management software with Essbase leading the way.

In 2007, Oracle purchased Hyperion Solutions. At the time of the acquisition, Hyperion applications were being used by approximately 12,000 companies, including 91 of the Fortune 100. The acquisition made Oracle a leader in the EPM (Enterprise Performance Management) market and strengthened the Oracle offerings.

Strengths / Benefits

In2Hyperion is a consortium of experts in a field often referred to as Business Intelligence, Enterprise Performance Management, and a host of other fancy acronyms. The focus of this effort will be around the Oracle Hyperion suite of products, but won’t be limited to them.

This space has been developed to help inspire people to search and implement betters ways of doing the same old thing.  Whether it be using a more appropriate software solution, or using your existing assets in a more efficient and effective way, we believe there is a lot that can be done to overcome our current challenges.  We intend to grow this website to create a rich resource that those inside and outside of this industry can tap in to and become more effective.  Inspire us by posting comments and sharing your experiences so we can grow as a team, and help more and more of our friends in the BI spectrum.