RE: Oracle Hyperion Cost
How much does it cost to purchase and implement Oracle Hyperion?
What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?
Software price
Oracle Hyperion pricing starts at $9,000 per license, per year. They offer different plans based on the size and needs of the business.
Plans compared
Oracle Hyperion offers various plans such as Planning and Budgeting Cloud Service, Financial Consolidation and Close Cloud Service, and Profitability and Cost Management Cloud Service. Each plan has different pricing and features tailored to specific business needs.
Plans fit
The Planning and Budgeting Cloud Service is best suited for small to medium-sized businesses looking for budgeting and forecasting solutions. The Financial Consolidation and Close Cloud Service is ideal for larger enterprises that need advanced financial consolidation capabilities. The Profitability and Cost Management Cloud Service is suitable for businesses looking to analyze profitability and costs effectively.
Other cost
Implementation costs for Oracle Hyperion can vary depending on the complexity of the business and the size of the implementation. On average, implementation costs range from $20,000 to $100,000. Customization costs are optional and can range from $5,000 to $50,000. Training costs also vary, with an average cost of $500 to $2,000 per user.
One time fees
Oracle Hyperion may require specific hardware or servers for optimal performance, which could incur additional one-time fees. These costs can range from $5,000 to $20,000. Other costs may include data migration fees, which can range from $10,000 to $50,000.
Alternatives compared
Compared to alternatives like Adaptive Insights, Anaplan, and Cognos, Oracle Hyperion is priced at a higher range. However, it offers robust features and capabilities that cater to the needs of larger enterprises.
Verdict
Oracle Hyperion is considered a premium option in the market, with a pricing grade of 85 out of 100. While it may be more expensive than some alternatives, it provides comprehensive financial planning and analysis solutions for businesses that require advanced functionalities.