Kevin:
Due to the per-user cost of the major brand alternatives (e.g., @Risk and Risk Solver Pro were both in the $1000/user/year to $2000/user/year range, the last time I checked), for many years I was on a lookout for a reasonable alternative.
Also, I'm a Mac user, and most major brand risk analysis platforms do not support applications within Excel for Mac, without installing a MS Windows virtual machine OS. Not fun.
Recently, I ran across an open source Excel plugin called XLRisk, which works for MS Windows and Mac. I use it on my Mac to demonstrate toy examples to students.
The XLRisk application is housed at the following link, which includes documentation, links to YouTube video tutorials, articles, and directions for installation:
While the simulated output isn't as visually compelling as the Crystal Ball graphs, it gets the job done. I just used it for a demo in my class session today!
Greg
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Gregory Heim
Professor
Texas A&M University
College Station TX
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Original Message:
Sent: 09-10-2023 20:52
From: Kevin Raber
Subject: Crystal Ball alternatives
Hello fellow INFORMS members!
A colleague of mine is looking for alternatives as potential replacements for Oracle's Crystal Ball software. What other software do y'all use instead of Crystal Ball? Standalone or other Excel plugins will likely support their userbase, coding things up in Python or another language likely won't meet their needs. Thanks for your help!
Kevin
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Kevin Raber
Data Scientist
Chevron
Houston TX
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