Risk and decision analysis toolkit in Excel
DecisionTools Suite is the complete risk and decision analysis toolkit for Microsoft Excel, bringing together Monte Carlo simulation, decision trees, optimization, forecasting, and predictive analytics in one integrated environment. Available in two editions:
DecisionTools Suite Professional
DecisionTools Suite Industrial
Not sure which fits your needs? Contact our sales team for guidance.
Risk and decision analysis toolkit in Excel
DecisionTools Suite is the complete risk and decision analysis toolkit for Microsoft Excel, bringing together Monte Carlo simulation, decision trees, optimization, forecasting, and predictive analytics in one integrated environment. Available in two editions:
DecisionTools Suite Professional
DecisionTools Suite Industrial
Not sure which fits your needs? Contact our sales team for guidance.
Select which computer and/or device the software will be used on.
Select the industry, sector, or institution type that best describes where this software will be used.
Select upgrades and supplemental add-ons that will enhance the functionality and performance of your software.
Select the License Term that will determine the period of time during which Licensee is authorized to use Program(s) in accordance with the applicable license grant.
Price range: $3,680.00 through $4,790.00
*All Collaboration Cloud customers need to have an Nvivo license.
Key features & benefits
Navigate uncertainty and make smarter, faster, and better decisions with DecisionTools Suite—the complete risk and decision analysis toolkit. Professional Edition suits most business analysts and consultants, while Industrial Edition is designed for power users handling enterprise-scale projects with complex requirements.
| Feature | Industrial Edition | Professional Edition |
|---|---|---|
| 100% Excel integration for seamless, flexible modeling with the highest degree of accuracy |  | |
| Intuitive, Office-standard interface for maximum efficiency | | |
| @RISK - Full Monte Carlo simulation with multiple sampling techniques and random number generators | | |
| @RISK - Over 100 distribution functions, including percentile parameters, for flexible, accurate uncertainty modeling | | |
| @RISK - Sophisticated distribution fitting, editing, viewing, and even freehand drawing | | |
| @RISK - Correlations and copulas for representing relationships between variables | | |
| @RISK - Demo Mode and updating during simulation for illustration to others | | |
| @RISK - Advanced simulation analyses such as stress testing and goal seek | | |
| @RISK - Wide array of customizable, presentation-quality graphs | | |
| @RISK - Exportable reports to PDF and other formats | | |
| @RISK - Multiple views of tornado graphs for sensitivity analysis to determine critical risk drivers | | |
| PrecisionTree – Visual, intuitive decision trees to identify best options and communicate to others | | |
| PrecisionTree – Full statistics and graphs to analyze decision options | | |
| PrecisionTree – Bayesian revision, logic nodes, influence diagrams and more for advanced analyses | | |
| PrecisionTree – Integration with @RISK to simulate uncertainty in decision outcomes | | |
| @RISK – Automated what-if analysis to identify the most critical factors | | |
| @RISK – Tornado, spider, and sensitivity graphs to communicate insights to others | | |
| StatTools – Replace questionable Excel statistics with a more robust, accurate feature set of the most commonly-used statistical analyses | | |
| StatTools – Build your own custom statistical procedures and reports | | |
| StatTools and NeuralTools – Intelligently manage data sets with auto-definition and support for multiple data sets | | |
| NeuralTools – Use neural networks to make accurate predictions from partial data sets | | |
| NeuralTools – Train, test, and predict with your data in one simple step | | |
| NeuralTools – Variable impact analysis ranks the effect of input variables on predictions | | |
| Evolver – Optimize tough problems using genetic algorithms, linear programming, or OptQuest solving methods to find the best combination of variables to achieve your goals | | |
| Evolver – Instantly see effects of the original, best, and most recent solution attempted in graphical interface | | |
| @RISK - Time-series functions that represent values which change over time | |  |
| @RISK - Fast simulation speeds with multiple, unlimited processors | | |
| RISKOptimizer - For combining Monte Carlo simulation with optimization, for budgeting, resource allocation, scheduling, and more | | |
| RISKOptimizer - Efficient Frontier analysis to determine the optimal return at a given level of risk | | |
| ScheduleRiskAnalysis - Manage uncertainty in project schedules with Monte Carlo simulation | | |
| PrecisionTree – Unlimited chance, decision, logic, and end-nodes | | |
| NeuralTools – Live Prediction, which automatically updates predictions as new data is entered into your model | | |
| StatTools – Analyze an unlimited number of data cases | | |
| @RISK – Unlimited multi-way analysis for maximum accuracy and flexibility | | |
| Evolver – Optimize an unlimited number of adjustable variables | | |
Make smarter, faster, and better decisions with DecisionTools Suite – the world’s leading risk and decision analysis toolkit. The Suite’s integrated applications work together in Microsoft Excel to navigate uncertainty, uncover new insights, and identify optimal solutions – helping you make confident decisions.
Lumivero’s DecisionTools Suite is the world’s leading risk and decision analysis toolkit that lets you uncover new opportunities, quickly answer complex questions, and easily communicate risk – all as an add-in to Microsoft Excel. Map out all possible options with Monte Carlo simulation in @RISK, identify critical factors, optimize models with neural networks, create presentation-ready graphs, and more with DecisionTools Suite.
With the Suite’s integrated set of risk and decision analysis tools, you can:
Regardless of industry, anyone who faces uncertainty in their strategic decisions can benefit from @RISK’s Monte Carlo analysis.
Industries using @RISK include:
If you have a current maintenance contract, you’re eligible for a free upgrade to the current release 8.0. Learn more about what’s new in the latest release and instructions for upgrading in the DecisionTools Suite Knowledge Base.
Upgrade Today (https://kb.palisade.com/index.php?pg=kb.page&id=438 )
@RISK and the DecisionTools Suite is only compatible in a Windows environment.
If you have purchased @RISK or were assigned a license, a notification email contains download links for the app.
@RISK and the DecisionTools Suite is only compatible in a Windows environment. If you have a Mac then you can set up a Windows emulator to access the software. More information on this set up is available here: https://community.lumivero.com/s/article/risk-on-the-apple-mac?language=en_US
