Hyperion Planning and Essbase (often used together) are Oracle's on-premises Enterprise Performance Management (EPM) solutions. Hyperion Planning is a centralized planning, budgeting, and forecasting solution that integrates operational and financial planning processes. Essbase is an Online Analytical Processing (OLAP) server used for multidimensional data analysis, reporting, and what-if scenario planning. They are commonly used by organizations for financial consolidation, reporting, budgeting, and analysis.
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