— Software Services @RISK —
@RISK and Decision Tools Suite – Simulation and optimization.
The DecisionTools Suite is an integrated set of programs for risk analysis and decision making under uncertainty that runs in Microsoft Excel. The DecisionTools Suite includes @RISK, which adds risk analysis to Excel using Monte Carlo simulation, PrecisonTree for visual decision tree analysis, TopRank for what-if analysis, NeuralTools and StatTools for data analysis, and RISKOptimizer and Evolver for optimization. Rounding out the Suite is BigPicture for mind mapping, diagramming, and data exploration.
Programs are designed to work together, and all integrate seamlessly with Microsoft Excel for ease of use and maximum flexibility.
@RISK (pronounced “at risk”) performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your spreadsheet model—and tells you how likely they are to occur.
It mathematically and objectively computes and tracks many different possible future scenarios, then tells you the probabilities and risks associated with each different one. This means you can judge which risks to take and which ones to avoid, allowing for the best decision making under uncertainty.