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Hyperion Interactive Reporting (IR) (also known as BRIO Reporting) from Oracle is a robust and powerful business intelligence tool enabling ad-hoc querying, data analysis, intuitive dashboards, and other reporting capabilities. A flexible tool, it gave business analysts access to data from across business functions — for quick analysis and actionable insights.
Enterprises that had licenses to Hyperion could also access the EPM Workspace, a centralized location for all data and content. It was also easy to customize the EPM Workspace based on any specific business need and it was also designed for collaboration.
Since April 2015, Oracle has withdrawn premium support for Hyperion Interactive Reporting, compelling its users to seek alternatives.
What are the alternatives?
Oracle BI Enterprise Edition (OBIEE) 12c is one of the alternatives suggested as it is agile and architecturally designed for enterprise-level reporting. OBIEE’s repository layer (or RPD) helps with connecting different data sources, defining physical and logical models as well as hierarchies and roles/groups.
One of the key limitations in migrating from Hyperion/BRIO to OBIEE is that the reports containing dashboards and formatting cannot be converted easily.
Today, end-users need the following:
- Ability to migrate the existing reports to a new tool easily
- Address the issue of unsupported tools such as Brio to de-risk the R12.2 upgrade>
- Provide a cost-effective, unified user-friendly real-time reporting platform that works with all databases
- Provide self-service to users to generate their own reporting and analytics
- Provide a Certified reporting platform for on-premise or on-cloud deployment
Orbit Reporting and Analytics to Replace Hyperion IR/Brio Reporting
Orbit Reporting and Analytics is an Oracle-native, platform-agnostic solution that provides all the advantages of Brio Reporting and more. Orbit BI can be used for a variety of solutions:
- Ad Hoc Analysis: The Orbit operational reports, called ‘Data Reports’, can handle very large volumes of data. Its sophisticated data grid functionality allows users to search, organize, and interpret data efficiently. Users can also customize the output to suit their specific needs. Scheduling of reports is another feature that makes it easy for users to run at predefined frequencies.
- Financial Reporting: Generate live financial reports using Orbit’s GLSense functionality that integrates the convenience of Excel while controlling the complexity and risk of managing spreadsheets. It also helps perform ad hoc GL Account Analysis for auditing and ensuring that the transactions are posted to the right GL accounts during period-end reconciliations. Users can share financial reports and ad hoc analyses directly from within Excel for faster and more informed financial decisions.
- Business Intelligence: Real-time monitoring of KPIs, adding new KPIs with built-in micro-charts to capture data trends, analytical features such as density reduction, and advanced visualizations that can be saved as reusable widgets or shared with the team for collaboration make this a very useful tool. Customizable dashboards that can be shared across functions help with monitoring operational metrics and correlating information to spot outliers, predict, and make informed business decisions.
- Data Management: Orbit access controls align with the data governance policies of the organization, providing permissions based on roles as defined in the ERP and other corporate applications.
Some of the other advantages of the Orbit Reporting & Analytics include:
- Drilldown to analyze data at a granular level: Orbit provides several pre-built sub-ledger drill-down reports for modules like Accounts Payable, Accounts Receivable, Fixed Assets, Inventory, and Purchasing. It also enables creating charts, applying filters, and using conditional formatting to view the journal activity for any balance.
- Centralized View of Enterprise-wide Data: While many analytics tools can pull data from cloud-based sources, Orbit can pull data both from on-prem and cloud sources, thereby providing a holistic view for data-driven decisions.
- Self-service: By empowering employees to generate their own reports without the help of IT, Orbit enables a real-time view of data for more accurate insights.
- Managed Migration: One of the greatest challenges businesses face is in migrating existing reports. This can be time-consuming but is crucial. Orbit’s team of experts enables automated migration, thereby freeing the IT resources to focus on more core functions.
- Pixel Perfect Reports: Orbit provides design output templates such as invoices or purchase orders in Word or Excel. You can drop the data directly into these documents that are ready for printing and sharing.
- SQL DirectQuery: Organizations can be agile and data-driven using SQL DirectQuery. Users can centrally maintain, share and reuse scripts as SQL Models to create reports that cannot be produced by semantic data models and create data extracts, and much more.
- Large Datasets: The tool can handle large amounts of data and facilitates the mashing of corporate data with external datasets that might be in flat files like Excel, CSV, JSON, XML, or directly accessible as web service URLs.
For users of Hyperion IR/Brio still debating their next move, Orbit provides a logical alternative with next-generation features that can help them remain competitive and grow faster.