Alternatives to GoldSim
Compare GoldSim alternatives for your business or organization using the curated list below. SourceForge ranks the best alternatives to GoldSim in 2026. Compare features, ratings, user reviews, pricing, and more from GoldSim competitors and alternatives in order to make an informed decision for your business.
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1
Innoslate
SPEC Innovations
SPEC Innovations’ flagship model-based systems engineering solution can help your team reduce time-to-market, cost, and risk on even some of the most complex systems. This cloud or on-premise application uses a modern web browser, with an intuitive graphical user interface. Innoslate’s full lifecycle capabilities include: • Requirements Management • Documents Management • Modeling • Discrete Event Simulator • Monte Carlo Simulator • DoDAF Models and Views • Database Management • Test Management with full reports, status updates, results, and more. • Real Time Collaboration -
2
ModelRisk
Vose Software
ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face. A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. In the same way that Excel is used for many different types of analysis, ModelRisk is used to assess the uncertainty in the numbers produced by the Excel model. Users have performed risks analyses with ModelRisk in a vast range of fields. -
3
@RISK
Lumivero
From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK. @RISK helps both Fortune 100 companies and private consultancies paint a realistic picture of possible scenarios. This allows businesses to not only buffer risks, but also identify and exploit opportunities for growth. @RISK (pronounced “at risk”) is an add-in to Microsoft Excel that lets you analyze risk using Monte Carlo simulation. @RISK shows you virtually all possible outcomes for any situation—and tells you how likely they are to occur. This means you can judge which risks to take on and which ones to avoid—critical insight in today’s uncertain world. -
4
PrimeSim HSPICE
Synopsys
PrimeSim HSPICE circuit simulator is the industry's "gold standard" for accurate circuit simulation and offers foundry-certified MOS device models with state-of-the-art simulation and analysis algorithms. With over 25 years of successful design tape outs, HSPICE is the industry's most trusted and comprehensive circuit simulator. For on-chip simulation, analog designs, RF design, custom digital design, standard cell design and characterization, memory design and characterization, and device model development. For off-chip signal integrity simulation, silicon-to-package-to-board-to-backplane analysis and simulation. HSPICE is a key part of the Synopsys analog/mixed-signal (AMS) verification suite, a solution built to address the most critical issues in AMS verification. HSPICE is the industry’s “gold standard” for accurate circuit simulation and offers foundry-certified MOS device models with state-of-the-art simulation and analysis algorithms. -
5
BlackSwan
FINARTIS
BlackSwan is an asset allocation and risk management platform from FINARTIS. Providing a range of built-in risk-related analyses, including volatility analysis, allocation analysis, metric analysis, and Monte Carlo models, the solution helps users avoid extreme events through accurate distributions and cutting-edge quantitative risk metrics. BlackSwan provides superior accuracy by using non- Gaussian distributions that help optimize asset mix in times of uncertain investment environments. -
6
Analytic Solver
Frontline Systems
Analytic Solver Optimization - 100% upward compatible from the Excel Solver - handles every type and size of the conventional optimization problem (without uncertainty). Unlike other optimization software, it algebraically analyzes your model structure and maximally exploits multiple cores in your PC. You can solve nonlinear models 10 times larger, and linear models 40 times larger than the Excel Solver, get solutions much faster – and plug-in Solver Engines to handle up to millions of variables! Analytic Solver Simulation gives you easy-to-use, powerful Monte Carlo simulation and risk analysis, decision trees, and simulation optimization using Frontline’s advanced Evolutionary Solver. With 60 probability distributions plus compound distributions, automatic distribution fitting, rank-order and copula-based correlation, 80 statistics, risk measures and Six Sigma functions, multiple parameterized simulations and more. -
7
Analytica
Lumina Decision Systems
BI tools provide beautiful dashboards and reports that allow users to explore patterns in historical data. And past data can lead to insights. But it can never be prescriptive. Knowledge about what could happen, especially in unprecedented situations, and how to make it happen can only be achieved with Model-Driven decision-making. Analytica is a unique visual software environment for building, exploring, and sharing quantitative decision models that generate prescriptive results. Transcend cumbersome spreadsheets. Analytica’s scalability, power, flexibility, and clarity will be a revelation. Build transparent models using Analytica in a fraction of the time needed for procedural languages like R or Python. Get insights not just numbers. Use agile modeling to create models for effective business decision-making. Estimate risk and uncertainty using efficient probabilistic simulation. Smart sensitivity analysis shows what matters and why. -
8
Ublique
Ublique.ai
Its wide range of applications is suitable for users in various markets and industries, from the supply chain to transport planning, from revenue management to demand intelligence. Similar to a contemporary gold rush, data have become the resource to conquer for a competitive advantage over your competitors and to win the challenge of innovation. Mathematical Optimization modules, dynamic simulators, predictive analytics, and artificial intelligence models are combined together to respond to your specific needs and processes, creating innovative business solutions. Ublique is designed to easily adapt to your business process and to be integrated into your legacy IT systems. Ublique is designed to scale up in terms of the volumes of data, computational load, and number of users. -
9
Simulation Master
Vortarus Technologies
Simulation Master runs 100% inside Excel in an environment with which you are already comfortable. All reports and charts are Excel native objects allowing you to edit them for communication with colleagues. All simulation functions can be entered directly in the worksheet. If you’re not sure how to enter them, Simulation Master has assistance tools to enter random variables, time series, decision variables, and copulas for you. If you have a decision tree created with DTace, instead of discrete outcomes, you can simulate chance node outcomes with Simulation Master. If you have a machine learning model created with Vaimal, you can simulate the model with Simulation Master. This is a powerful combination that allows data models to be used with analytic simulation models.Starting Price: $199 one-time payment -
10
EasyPlanEx
BoraSystems
EasyPlanEx is a robust and user-friendly tool designed for assessing, optimizing, and documenting capital projects, with bilingual functionality in English and Spanish. Unlike conventional spreadsheet software, EasyPlanEx addresses five critical issues: 1. It automatically evaluates multiple scenarios rather than limiting analysis to a single project configuration. 2. It conducts risk analysis using Monte Carlo simulations, incorporating probabilities for uncertain variables instead of relying on fixed values. 3. Its modeling employs clear statements like Sales=Volume*Price, avoiding cryptic formulas prone to errors. 4. Its documentation feature and transparent modeling enhance teamwork and facilitate reviews by upper management. 5. When integrated with MultiPlanEx-DB, users can manage and query a database of projects efficiently. To support users, EasyPlanEx offers in-context help for any section, label, or option, alongside an introductory self-learning course and videos.Starting Price: US$7.5/month/user -
11
PVTsim
Calsep
Calsep is a leading provider of PVT simulation services to the oil & gas industry. Calsep has solved PVT modeling projects in all continents. The projects involve EoS modeling of all types of reservoir fluids, including natural gas, gas condensates, near-critical fluids, black oils and heavy oils. Calsep’s main product is PVTsim Nova, a versatile PVT simulation program for reservoir engineers, flow assurance specialists, PVT lab engineers, and process engineers. PVTsim takes you all the way from fluid sample to design and process planning. You can quality check your fluid compositions, develop EoS models, handle water, evaluate the risk of solids precipitation and generate input to more than 30 different external simulators including some of the most widely used reservoir, process and flow simulators. With PVTsim Nova 5.1 Calsep supports PRODML and Calsep Excel PVT Templates, which can be used for importing fluid compositions and PVT data into PVTsim in one click. -
12
DecisionTools Suite
Lumivero
No matter what industry you're in, the DecisionTools Suite can help you make decisions with confidence. Take the guesswork out of big decisions, and plan strategies with confidence. With the DecisionTools Suite, you can assess risk and optimize decisions, right in your Excel spreadsheet. The DecisionTools Suite is an integrated set of programs for risk analysis and decision-making under uncertainty. DecisionTools Suite software integrates seamlessly with Microsoft Excel. Our innovative software solutions create usable insights from uncertain situations. As the leading provider of risk and decision analysis software for three decades, Palisade enables companies and organizations to evaluate risk at any level and decide what step comes next. With offices around the world, Palisade offers a truly global presence. We are proud of our global team, and our ability to offer sales and technical support for Palisade software. -
13
RASON
Frontline Solvers
RASON (RESTful Analytic Solver Object Notation) is a modeling language and analytics platform embedded in JSON and delivered via a REST API that makes it simple to create, test, solve, and deploy decision services powered by advanced analytic models directly into applications. It lets users define optimization, simulation, forecasting, machine learning, and business rules/decision tables using a high-level language that integrates naturally with JavaScript and RESTful workflows, making analytic models easy to embed into web or mobile apps and scale in the cloud. RASON supports a wide range of analytic capabilities, including linear and mixed-integer optimization, convex and nonlinear programming, Monte Carlo simulation with multiple distributions and stochastic programming methods, and predictive models such as regression, clustering, neural networks, and ensembles, plus DMN-compliant decision tables for business logic.Starting Price: Free -
14
MC FLO
MC FLOsim
Monte Carlo simulations make decisions easier - whether in the launch of a product, in the context of corporate planning, project controlling, the management of the portfolio, risk identification and more. Simulations reveal which results are more likely and where you should pay attention to maximize success. Built-in estimators, time series, automated forecasting and correlations in a visual fashion make simulations with MC FLO an easy task. MC FLO is fully integrated into Microsoft Excel for Windows and compatible with existing Excel workbooks. Easy to use, rapid model development and maximum transparency is our commitment. -
15
Oracle Crystal Ball
Oracle
It gives you unparalleled insight into the critical factors affecting risk. With Crystal Ball, you can make the right tactical decisions to reach your objectives and gain a competitive edge under even the most uncertain market conditions. Crystal Ball is an easy-to-use simulation program that helps you to analyze the risks and uncertainties associated with your Microsoft Excel spreadsheet models. This Spotlight is a quick overview of how Crystal Ball is used (it may take a little more than a minute!) Excel models are deterministic, which means that the inputs are fixed (one value to one cell). You can only see one solution at a time. If you want to view alternative results, you need to manually change the inputs in the model. -
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FinanceIsland
FinanceIsland
Analyze return on investment (ROI) by performing discounted cash flow analysis and calculating key ROI metrics such as net present value (NPV). Identify most relevant drivers of ROI using the sensitivity chart. Model uncertainties in your analysis using Monte Carlo simulation. Save time with standardized online tools built on corporate finance principles.Starting Price: $19.00/month/user -
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Agri-Labs Information Systems
Desert Oasis Software
Agri-Labs Information Systems (ALIS) smoothly manages all types of raw laboratory data flowing out of the sample life cycle from beginning to end. Written to run on Microsoft's 32-bit operating systems, our informatics product is not just another collection of Excel spreadsheets used as front-ends to Access databases. Nor is our ALIS LIMS written in a dead or dying language. Rather, ALIS is an inter-relational database of six modules, (Soil, Water, Plant Tissue, Manure/Compost, Feeds/Forage and Air), based upon matrices of the Earth's hydrologic cycle written in the robust and stable Clarion 5.5 language suitable for use in agricultural and natural resource laboratories. ALIS LIMS readily accommodates increased sample volume. We've kept ALIS affordable. -
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MCM Alchimia
Alchimia Software
This is the latest release of the freeware application MCM Alchimia, which was developed specifically for estimating uncertainty of measurement and calibrations by Monte Carlo method consistent with JCGM 101. This release adds a complete GUM framework uncertainty budget, and, like the preceding version have support on correlated quantities and regression curves. Speed increase comparable to popular calculation and statistics software. Simulation in direct, inverse and total least squares. Custom application language through the external module. Output report with exhaustive statistical study of the simulation. -
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Simulation Modeling
Rapid Modeling Corporation
Simulation modeling or Predictive modeling is a potent tool for developing experimental computer models that are exact copies of an existing system. These models include an AutoCAD layout, and are enhanced visually through animation to verify that the model is running just like the real system. In addition, the model runs real-world patient or product schedules and the behavior of the computer model can be benchmarked against the real system if it exists. Once a simulation model has been created, we can efficiently and accurately run detailed experiments on the computer model, and tune it for outstanding performance without ever disturbing the real system. Simulation is also commonly used to design new systems from scratch. Starting with a mere concept, our simulation models are regularly used to craft the "perfect facility, hospital, or clinic" for your organization. Simulation is also utilized as an improvement tool to existing systems that under-perform.Starting Price: $3,500 one-time payment -
20
Alyne
Mitratech
Alyne equips the Board, CRO’S and those stakeholders responsible for raising risks across the enterprise with an end-to-end Risk Management function. Leverage highly scalable Risk Assessments, intuitive Risk Identification and Reporting, qualitative and quantitative Risk Analysis with a built-in Monte Carlo Simulator, and much more. Whether you are at the beginning of your GRC journey, or looking to deploy next-generation governance, risk and compliance capability across your full enterprise environment, Alyne’s cross-industry capabilities are delivered in an all-in-one platform, tailored to your needs. -
21
Provisian
Provisian
Provisian makes it easy to build a financial plan, manage risk, and communicate financial advice, all from a unified platform. Simulate market conditions to manage risk and make informed decisions. Seamlessly integrate Provisian with over 11,000 financial institutions. A comprehensive platform to collaborate with clients and track performance. A responsive team at your fingertips, available whenever, wherever. Stay connected to clients with a comprehensive financial profile, designed to predict outcomes, minimize risks, and enable more intelligent decisions. Simplify client communications with a centralized portal and intuitive reporting. Design an investment strategy tailored to your client's risk profile and objectives. Visualize and control the assumptions that drive each projected outcome. Perform Monte Carlo simulations and make informed financial decisions. Run thousands of cutting-edge simulations to identify the most probable outcomes.Starting Price: $75 per month -
22
Decision Explorer
Banxia Software
Decision Explorer® is a proven tool for managing “soft” issues – the qualitative information that surrounds complex or uncertain situations. It allows you to capture in detail thoughts and ideas, to explore them, and gain new understanding and insight. The result is a fresh perspective, and time saved through increased productivity, release of creativity and a better focus. Decision Explorer® has been developed by academics at the universities of Bath and Strathclyde and now by Banxia Software, in conjunction with major organizations. This innovative tool now has hundreds of major international users. When you need to gain an in-depth understanding of complex problems, Decision Explorer® helps you make a comprehensive ‘qualitative’ model. You build a ‘map’ which can then be explored and analyzed to help develop strategy, decision making and business problems. A full-feature cognitive mapping tool – with many analysis capabilities.Starting Price: $137.57 one-time payment -
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OpenFlows WorkSuite
Bentley
OpenFlows WorkSuite bundles Bentley’s two most advanced hydraulics and hydrology solutions, OpenFlows Water and OpenFlows Sewer, into one integrated offering for planning, designing, and analyzing water distribution, sanitary, and combined-sewer systems. It enables small and large utilities as well as engineering consultants to build robust models of water networks, explore “what-if” scenarios, manage asset performance, and comply with regulatory demands. With open interoperability and geospatial integration, the solution supports fire-flow and water-quality analysis, energy and capital-cost optimization in water distribution systems, as well as flood-depth/velocity analysis, wet-weather calibration, and SCADA-data connections in sewer and storm systems. The product is available in three tiers; Standard (1,000 pipes), Advanced (5,000 pipes), and Ultimate (unlimited pipes), each including increasing levels of modelling scale and power.Starting Price: $3,870 per year -
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Fluidit
Fluidit
We are developing the basis for smart cities. Our cutting-edge hydraulic modeling portfolio is specifically designed to solve urban infrastructure issues creatively and analytically. We empower modelers, engineers, and decision-makers to simulate water and energy systems, prepare for the future and make the best decisions every day. We think that water and energy are inseparable. Fluidit has developed a state-of-art software suite that uniquely caters to the complex interactions of urban water and energy systems. Fluidit’s intuitive and highly flexible user interface is shared between all our products, ensuring quick learning no matter which software you grab. Learn one, know all of them. Focus your time and energy on analysis and problem solving, not on model building and simulations. Enjoy our streamlined model-building tools and ultra-fast simulations that help you complete modeling tasks efficiently. At the same time, the software intuitively expands your capabilities. -
25
R3
OGRE Systems
We enable operators, including banks, consultants, national oil companies and government agencies to simply, accurately and efficiently manage their assets. Easily compute your reservoir volumes and create accurate production forecasts with R3’s industry leading suite of decline curve tools. Understand risks generated by your development plans and optimize your cash flow with stochastic analysis using our Monte Carlo probabilistic simulator. Effortlessly generate structured SEC, PRMS, government or customized reports. Advanced tools for the user to perform decline curve analysis; Thoughtful features like shortcut keys and template customization will boost the evaluation efficiency of our users. Generating reliable and customizable Reserves Report and Interactive Visual Analytics Storyboard. R3 Economics is the core product of our modular based system. -
26
DPL Enterprise
Syncopation
DPL Enterprise contains all the features of DPL Professional plus key features to develop custom decision support systems. DPL Enterprise supports database links so you can ensure quality and consistency across projects and an API to control DPL from other programs -- so common tasks can happen at the press of a button. Do you have a corporate repository for project data, cost data, or other key data inputs? Use database links to populate your DPL models so you always have the latest numbers. Projects are often interrelated. The outcome of one project may have an impact on another but modeling all the detail of the initial project in the analysis of the subsequent project isn't feasible. Use Risk Profile Reduction to reduce a complete distribution of an uncertain outcome to an uncertainty with a few discrete outcomes for use in another model while preserving the rigor of the complete model.Starting Price: $2,390 one-time payment -
27
PortfolioMetrics
PortfolioMetrics
PortfolioMetrics is a web-based platform that helps you analyze and improve your investment strategy. With just a few inputs, you can simulate how a portfolio would have performed historically, compare it to benchmarks, and run deeper simulations like Monte Carlo forecasts. Whether you're a private investor, a financial advisor, or a content creator, PortfolioMetrics gives you the tools to evaluate risk and performance, optimize asset allocation, and create shareable insights. The platform supports: - Historical backtests based on real market data - Strategy comparison and benchmarking - Key metrics like CAGR, drawdowns, and Sharpe ratio - Advanced tools like Monte Carlo - Export options (PDF, CSV) and public sharing links -
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Portfolio backtesting simulates an investment strategy using historical data, allowing you to assess how well a portfolio would have performed in the past while analyzing risk and return. With Portfolio Visualizer, you can create and compare various portfolio models, aligning investments with financial goals. The tool supports portfolio optimization, helping users model the probability of different investment outcomes and understand the impact of risk. It also offers Monte Carlo Simulation to project future portfolio performance under various scenarios. Tactical models provide strategies based on moving averages, momentum, market valuation, and risk management for improved risk-adjusted returns. Designed to empower both individuals and institutions, Portfolio Visualizer turns sophisticated analysis into actionable insights explained by AI through text and video formats.Starting Price: $30 per month
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L-Edit MEMS
Siemens
L-Edit MEMS is the gold standard 3D MEMS design platform of choice. The digital twin of the MEMS devices begins with the design capture in L-Edit. MEMS designers benefit from a unified environment that supports MEMS device design, fabrication modeling, and links to FEM analysis tools. L-Edit MEMS is the gold standard for MEMS design. With true native curve support, it is the only tool developed specifically for MEMS and IC design. It is the foundation of the MEMS digital twin, supporting device design, 3D fabrication modeling, and simulation through partnerships. Create a 3D solid model from layout data and fabrication process description. Gives a 3D graphical representation of the MEMS fabrication process. Multi-physics simulation with popular FEM analysis tools. Export models to FEM/BEM simulators for 3D analysis. Component libraries enable design reuse. -
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RFPro Circuit
Keysight
Go beyond traditional RF simulation to design, analyze, and verify radio frequency integrated circuits (RFICs). Achieve confidence with steady-state and nonlinear solvers for design and verification. Wireless standard libraries accelerate the validation of complex RFICs. Model components on silicon chips accurately. Optimize designs with sweeps and load-pull analysis. Simulate RF designs in the Cadence Virtuoso and Synopsys Custom Compiler environments. Increase performance using Monte Carlo and yield analysis. Assess error vector magnitude (EVM) for the latest communication standards early in the design phase. Use the latest foundry technology immediately. Monitoring system IC specifications such as EVM via RF simulation early in the RFIC design phase is a must. Simulations include effects of layout parasitics, complex modulated signals, and digital control circuitry. With Keysight RFPro Circuit, you can simulate in both the frequency and time domain. -
31
Full Monte SRA
Barbecana Inc.
About the only thing you can be certain of about a project completion date calculated by traditional critical path method (CPM) scheduling tools is that it will be wrong. Even assuming the schedule complies with best practices, contains the entire project scope, and has reasonable estimates for activity (task) durations, there is a strong likelihood the project will not be delivered on time or within budget. Why is that? Because every project is subject to uncertainty. Unfortunately, even if the original estimates are good and activity actual durations are on average close to the original estimates, a phenomenon called merge bias means that the more predecessors any given activity has, the less probable it is to start on time. This is the key reason for performing a schedule risk analysis using Monte Carlo simulation. Barbecana’s Full Monte Schedule Risk Analysis software is a very fast, easy to use,Starting Price: $1,195 one time payment -
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PlanningForce
PlanningForce
Bring A.I. into the heart of S&OP processes to boost overall company performance while making the most of existing ERP systems and scarce human resources. PlanningForce’s Decision Intelligence layer helps you to make the most of human expertise, modeling, databases and A.I. to optimize complex and non-linear decision-making processes. By combining four cornerstones: human experience, modeling, databases and artificial intelligence, PlanningForce provides a layer of Decision Intelligence that helps managers to steer their decision-making with incredible speed and precision. The results obtained by this layer of Decision Intelligence are so powerful – and insightful – that Decision-Makers feel in control of processes that have become increasingly complex and interdependent over time. Decision-Makers can easily juggle the multiple factors at play in non-linear decision-making processes simultaneously, thanks to the simulation capabilities of the system. -
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BeST
Be-Strategic Solutions
Do you understand how your team makes decisions during crisis? Can you measure your team’s behavior during complex decision making? Can you compare your team’s anticipated performance to actual performance? Can you compare your team’s anticipated performance to actual performance? Can organizations truly be prepared for these catastrophes? The answer is absolutely. You can hope for the Best – or be the BeST! WHAT IS BeST? BeST is a computerized crisis simulation software that helps organizations face potential disasters and deal with them in “simulated” real time – better preparing for the “real thing”. FEATURES & BENEFITS. Simulates decision making scenarios focusing on real life interactions. Real time analytics & insights to enhance your decision making processes. Compares real decision making processes to “anticipated” ones. Understands why players act like they do. Helps organizations improve procedures to be better prepared. -
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PathWave RFIC Design
Keysight Technologies
Go beyond traditional RF simulation to design, analyze, and verify radio frequency integrated circuits (RFICs). Achieve confidence with steady-state and nonlinear solvers for design and verification. Wireless standard libraries accelerate the validation of complex RFICs. Before taping out an RFIC, verification of IC specifications via RF simulation is a must. Simulations include effects of layout parasitics, complex modulated signals, and digital control circuitry. With PathWave RFIC Design, you can simulate in both the frequency and time domain and bring your designs to and from Cadence Virtuoso. Accurately model components on silicon chips. Optimize designs with sweeps and load-pull analysis. Integrate RF designs in the Cadence Virtuoso environment. Increase performance using Monte Carlo and yield analysis. Simplify debugging with safe operating area warnings. Utilize the latest foundry technology immediately. -
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GeoSTORM
CivilGEO
GeoSTORM is a Civil 3D integrated stormwater software that accelerates the process of creating, analyzing, and reviewing stormwater models, supporting numerous stormwater hydrology methods. GeoSTORM utilizes Rational Method and Modified Rational Method, SCS TR-20/TR-55, EPA SWMM, CUHP (Colorado Urban Hydrology Procedure), SBUH, (Santa Barbara Urban Hydrograph), and more. The software is designed to manage stormwater models with varying complexity. GeoSTORM offers: • Civil 3D Integration & Stormwater Element Catalog • Automated Engineering Workflows • Automated Engineering Report Creation • Automated CN & TOC Calculations • Automated Catchment Area Delineation • Interactive Detention Pond Sizing and Designing • Multiple Hydrology Methods Supported • Free Training & Engineering Project Assistance • 24x7 Technical Support -
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Risky Project
Intaver Institute
RiskyProject is a complete suite of project risk analysis and project risk management software in one seamless package that is easy to use, integrates with Microsoft Project, Primavera, and other scheduling and planning tools, and covers the complete risk life cycle. RiskyProject includes qualitative risk analysis and risk management as well as quantitative Monte Carlo schedule and cost risk analysis. RiskyProject also includes comprehensive Risk Register. With RiskyProject, you no longer need two or more applications to perform Monte Carlo project risk analysis and manage your project risks. They are now in one easy to use and affordable desktop software. Project risk analysis is a process of defining and analyzing threats and opportunities affecting project schedules. Project risk analysis helps to determine how uncertainties in project task and resources affect project scope, deliverables, cost, duration, and other parameters.Starting Price: $699 one-time payment -
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Arena
Rockwell Automation
Take the guesswork out of your decision making. Move confidently forward using Arena software. Simulation software is the creation of a digital twin using historical data and vetted against your system’s actual results. Arena™ Simulation Software uses the discrete event method for most simulation efforts, but you will see in using the tool that we cover areas in flow and agent-based modeling as well. Evaluate potential alternatives to determine the best approach to optimizing performance. Understand system performance based on key metrics such as costs, throughput, cycle times, equipment utilization and resource availability. Reduce risk through rigorous simulation and testing of process changes before committing significant capital or resource expenditures. Determine the impact of uncertainty and variability on system performance. Run "what-if" scenarios to evaluate proposed process changes. -
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Quantellia
Quantellia
Machine learning alone is usually not enough, it only provides predictions or classifications but doesn't answer how to achieve your goals. A DI model links actions to outcomes and makes assumptions and predictions explicit so that you can change them with data or your expertise as your organization learns more over time. How can event centers, sporting venues, schools, universities, office buildings, and industrial facilities minimize the risk of COVID19? Many organizations wish to go beyond government guidelines for a greater level of COVID19 safety. And, just like pilots run simulations to learn how to fly, our Pandemic Action Advisor (PANDAA) lets you simulate the effects of different safety decisions (masks, HVAC, social distancing, Far UVC, and more) within your specific building shape, and for people moving through your space the way your staff and/or visitors do. Let's face it, AI (including ML and DI) is growing up. -
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RiskAMP
RiskAMP
RiskAMP is a full-featured Monte Carlo simulation engine for Microsoft Excel®, designed to integrate seamlessly with Excel’s interface and functions. The RiskAMP Add-in offers a complete toolkit for adding risk analysis to your spreadsheet models, making it quick and easy at a fraction of the price of competing packages. With deep integration into Excel, it features an integrated ribbon toolbar, VBA scripting support, automatic charts, and graphs. RiskAMP 6 introduces new functionalities such as the PERT distribution for cost and project modeling, more than 40 random distributions including correlated multivariate ones, and automatic histogram and correlation charts. The tool supports Latin Hypercube sampling, Las Vegas simulation algorithms, and distribution fitting, along with native support for Windows on ARM. RiskAMP is compatible with Excel versions from 2013 to 365 (32-bit and 64-bit), and a browser-based risk platform called RiskAMP Web is also available.Starting Price: $16.95 per month -
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Aily
Aily
Aily Labs delivers a mobile-first decision-intelligence platform that empowers businesses with real-time AI insights and predictive analytics across their entire organization. The product breaks down data silos by connecting company-wide information through its Correlator engine, embedding advanced AI and machine-learning models to forecast outcomes, simulate scenarios, optimize decisions, and surface actionable insights to frontline users. With one-day integration and pre-built enterprise workflows, the platform enables teams to transform how they think and work, making data everyone’s business, reducing decision bias, and enabling faster, smarter actions. It supports forecasting, simulations, and optimization for supply-chain, finance, operations, and other functions, delivering 360° visibility and decision intelligence in the palm of your hand. Available as an app, the solution is designed to shift organizations from passive analytics to active decision-driven workflows.Starting Price: Free -
41
LiveLink for MATLAB
Comsol Group
Seamlessly integrate COMSOL Multiphysics® with MATLAB® to extend your modeling with scripting programming in the MATLAB environment. LiveLink™ for MATLAB® allows you to utilize the full power of MATLAB and its toolboxes in preprocessing, model manipulation, and postprocessing. Enhance your in-house MATLAB code with powerful multiphysics simulations. Base your geometry modeling on probabilistic or image data. Use multiphysics models together with Monte Carlo simulations and genetic algorithms. Export COMSOL models on state-space matrix format for incorporating into control systems. Interface in the COMSOL Desktop® environment enables the use of MATLAB® functions while modeling. Manipulate your models from the command line or script to parameterize the geometry, physics, or the solution scheme. -
42
Vensim
Ventana Systems
Vensim® is the software of choice for thousands of analysts, consultants, and researchers worldwide for building high-quality simulation models in business, scientific, environmental, and social systems. Vensim integrates into one environment a powerful suite of tools for developing, testing, interpreting, and distributing models. These tools include cause-and-effect diagramming, graphical and textual model construction, easy reproduction of model structure using subscripts (arrays), Monte Carlo sensitivity analysis, optimization, data handling, and application interfaces. Further features enable advanced model resolution and fidelity. Vensim includes patented techniques to aid error detection, error prevention, and rapid comprehension of complex results.Starting Price: $50 per month -
43
Sharpee
Sharpee
Sharpee is a portfolio backtesting platform tailored for European investors, combining powerful quantitative analysis with an intuitive and accessible interface. Designed to be user-friendly even for those without a technical or financial background, Sharpee allows users to backtest portfolios including ETFs, stocks, and cryptocurrencies. The platform provides in-depth insights through key performance and risk metrics like Sharpe ratio, Sortino ratio, beta, rolling returns, Monte Carlo simulations, factor analysis, efficient frontier, as well as geographic and sector diversification. Moreover, Sharpee includes a dedicated bond screener for fixed income securities, offering advanced filtering options based on maturity, yield to maturity (YTM), coupon type, issuer, and other key parameters. -
44
Lumenaut
Lumenaut
The Lumenaut Excel software Add-In features a Monte Carlo Analysis Risk simulation, a Decision Tree, and a Parametric and Non-Parametric Statistics Software Analysis package, providing a power-packed set of tools for your business, engineering, industrial or scientific analysis right in Excel. Commercial use is permitted without restriction on features. Developing Lumenaut was a challenging and rewarding experience for us, it has been satisfying to know that our software is used by thousands of people to enrich their analysis and decision-making. The sales market no longer justifies costly further investment in major development of our product and so we are offering Lumenaut to the community for their use for free. -
45
Rational Will
SpiceLogic
An integrated Decision Analysis software featured with Decision Tree, Analytic Hierarchy Process, Decision Matrix, Markov Decision Process and more. The user experience of Rational Will is intuitive enough so that you won't feel lost. You can intuitively guess the correct way to achieve what you want to model. Based on your attitude towards risk, get a policy from a Decision Tree and know what action to take in what situation; Always have your plan-B ready before jumping to an action; Use multi-criteria attributes for Pay off. Use advanced utility functions, various metric analysis like Stochastic Dominance, Value at Risk, etc. Super intuitive GUI, so no need to spend time learning through documentation, rather jump-start using the rich User Interface. Our choice of technology is Microsoft .NET. We thrive on giving beautiful and easy to use modern-looking native windows desktop software, mobile apps and interactive web applications. -
46
Cadence Clarity 3D Solver
Cadence
The Cadence Clarity 3D Solver is a 3D electromagnetic simulation software tool for designing critical interconnects for PCBs, IC packages, and systems on IC designs. The Clarity 3D Solver helps designers tackle the most complex electromagnetic challenges when designing systems for 5G, automotive, high-performance computing, and machine learning applications with gold-standard accuracy. Cadence’s industry-leading distributed multiprocessing technology in the Clarity 3D Solver delivers the virtually unlimited capacity and 10X speed required to efficiently and effectively address larger and more complex structures. It creates highly accurate S-parameter models for use in high-speed signal integrity, power integrity, high-frequency RF/microwave applications, and electromagnetic compliance analysis, enabling simulation results that match lab measurements, even at 112Gbps+ data transfer speeds. -
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OptSim
Synopsys
Synopsys OptSim is an award-winning photonic integrated circuit (PIC) and fiber-optic system simulator that enables engineers to design and optimize photonic circuits and systems. It offers state-of-the-art time- and frequency-domain split-step algorithms, providing a native photonic-domain environment for accurate simulations. OptSim can function as a standalone solution with its own graphical user interface or integrate into the OptoCompiler Photonic IC design platform. When integrated with OptoCompiler, OptSim supports electro-optic co-simulation with Synopsys PrimeSim HSPICE and PrimeSim SPICE electrical circuit simulators, and seamlessly integrates with the PrimeWave Design Environment for advanced simulation, analyses, and visualization, including parametric scans, Monte Carlo, and corner analyses. The software includes extensive libraries of photonic and electronic components and analysis tools, and supports numerous foundry process design kits (PDKs). -
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Carlson Civil
Carlson Software
Carlson Software’s Civil Suite is a powerful software bundle made up of: Carlson Survey, Carlson Civil, Carlson Hydrology, and Carlson GIS. These four civil-related modular programs, working together, will allow you to create all of your deliverables at a fraction of the long-term costs compared to other software alternatives. Carlson Civil provides the most robust automation and ease-of-use of any civil design solution available today, and it does dynamic updating without a single custom object. Carlson Civil’s wide selection of “power” tools enable users to increase their productivity as they create better road, site, and subdivision designs in less time. Carlson Hydrology is a comprehensive, yet easy-to-master hydrologic and hydraulic software solution that works simply in the commonly user CAD environment of polylines, text and layers. Carlson Hydrology provides site drainage and runoff analysis, plus storm drain system design and drafting, and pond design and sizing.Starting Price: $395 per year -
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Modelshop
Modelshop
Making automated decisions using intelligent models is required to compete in the real-time economy. Modelshop is the fastest way to create automated decision models that can power new or existing applications, without coding. There is a perception that creating models requires advanced teams of data scientists. It doesn’t. Any team can use data, logic and machine learning to automate real-time decisions in a few days using Modelshop’s no-code platform. Business moves faster than ever. Validate and deploy new decision models as fast as your team can innovate and stay ahead of the competition. The best way to deliver business performance is through better data. Integrate new production ready data sources into your decisions with a few clicks. Get to better decisions, faster. Simulate, back test, and optimize your decision models using explainable analytics to deliver higher performance for your business. -
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Ansys Lumerical FDTD
Ansys
Ansys Lumerical FDTD is the gold-standard for modeling nanophotonic devices, processes, and materials. The integrated design environment provides scripting capability, advanced post-processing, and optimization routines. This finely tuned implementation of the FDTD method delivers best-in-class solver performance over a broad spectrum of applications. The integrated design environment provides scripting capability, advanced post-processing and optimization routines, allowing you to focus on your design and leave the rest to us. A range of benefits allow for flexible and customizable models and simulations. Ansys Lumerical FDTD models nanophotonic devices, processes and materials so you can focus on creation. Lumerical FDTD is the gold-standard for modeling nanophotonic devices, processes and materials. This finely tuned implementation of the FDTD method delivers reliable, powerful and scalable solver performance over a broad spectrum of applications.
