Welcome to the free tutorials of Oracle Hyperion EssBase. The objective of these tutorials is to understand Data-Warehousing Concepts,Schema Models,OLAP Models and brief explanation on ROLAP and MOLAP.
In addition to Oracle Hyperion EssBase tutorials, we will cover Oracle Hyperion EssBase interview questions, HowTo,s and issues of Oracle Hyperion EssBase.
Oracle Hyperion EssBase Introduction
Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications. Oracle Essbase, along with Oracle BI Suite Enterprise Edition Plus, is part of the Oracle BI Foundation.
Hyperion is a Business Intelligence (BI) and Business Performance Management (BPM) Tool. It’s the market leader in Financial, Operational and Strategic Planning. It has applications for Planning, Financial consolidation, and score carding, reporting, dashboards, Analysis, Workspace, Master Data Management and Foundation.
Overview of Essbase
-Multidimensional OLAP database (MOLAP) Stores only figures (integer) – no textual information (char) or other formats.
-Has no tables, no fact table no rows but uses the concept of dimensions.
-Has no (or little) concept of time.
-Intersections of dimension members must exist in hierarchy before loading data. Member load (dimension build) before data load. Master-data essential.
-Ragged Hierarchies possible.
-Security to cell level and LDAP and NTLM authentication.
-Rich Scripting language (MaxL).
What is Hyperion Essbase used for?
Essbase is a multidimensional database management system (MDBMS) that provides a multidimensional database platform upon which to build analytic applications. Essbase, whose name derives from "Extended Spread Sheet dataBASE.
What is Essbase used for?
Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications.
What is the latest version of Hyperion Planning?
Enterprise Wide Planning, Budgeting and Forecasting. Oracle Hyperion Planning is a centralized, Microsoft Office and Web-based planning, budgeting and forecasting solution that integrates financial and operational planning processes and improves business predictability.
What is the use of Oracle Hyperion?
Oracle Hyperion Financial Management is a comprehensive, Web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution.
-Provide a real-time analytic infrastructure to support business intelligence and enterprise performance management (EPM) applications.
-Combine multiple sources of disparate data, analyze that combined data, and perform data modeling and “What If” and predictive analysis scenarios using that data.
-Analyze Historical data, Performance trends, Profitability measurements and Foreign Exchange impacts on profitability and performance.
-The Essbase database is essentially a “cube”; each cube axis represents a different data point (accounts, time, products, etc.)
-Improves your ability to “see” your Business’ performance and health, as well as how you can utilize the data to project future scenarios and trends.
Oracle Hyperion Essbase Implementation
-Allows businesses to gain immediate cost savings via the ability to quickly implement new business strategies.
-Establishes a budget-conscious methodology based on functionality to satisfy the core working philosophy and infrastructure of the business.
-Promotes the selection, inclusion, and customization of more functionality via additional discovery after your product is implemented
-Facilitates a phased approach in which a business’ financial department takes over future projects using the software platform, thus saving on time and costs of using outsourced workers.
-Utilizes pre-built, customizable templates (models, forms, reports and business logic) that cut down on the amount of time development cycles and the cost of implementing projects.
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