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Essbase ("Extended Spread Sheet dataBASE")
helps you extend and differentiate your analytics solutions: especially for
existing Oracle BI partners and using the new Oracle Analytics Cloud with Essbase.
Most analytics tools
are essentially “Read-Only” – that is why Excel is so popular, because it
lets you input data, work on it with formulae, and then analyse it. But,
spreadsheets are essentially 2-dimensional (row-column) and single user.
People often try to collaborate with spreadsheets via email, but most would
acknowledge this is a messy and error prone approach.
So imagine you could
have a multi-user spreadsheet, which is also multi-dimensional (e.g. time,
sales-channel, product, customer-segment, accounting-code… etc), and can hold
huge amounts of data – which was also easy to use and access with analytics
tools such as Oracle BI,
Data Visualisation,
Excel
and Smart-View.
That is Essbase:
it un-leashes business people from the limitations of spreadsheets and
enriches any analytics application with Workflow to collaborate with
100s or 1000s of people entering new analytic data, forecasting, modeling
multiple assumptions and What-if-Analyses to better understand the
effect of decisions on the business. For example, that is why Essbase is the
foundation for our pre-built Planning
and Budgeting application.
To learn more, take a
look at:
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