@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel spreadsheet—and tells you how likely they are to occur. This means you can judge which risks to take and which ones to avoid, allowing for the best decision making under uncertainty. With @RISK, you can answer questions like, “What is the probability of profit exceeding $10 million?” or “What are the chances of losing money on this venture?”

New Features in v5.7 include:

• 64-bit Compatibility: provides 32-bit and 64-bit compatibility for maximum processing power and capacity
• Chinese Translation: all dialogues, menus, documentation, examples and tutorials have been translated. Switch language settings from within any DecisionTools program without the need for administrator rights
• Improved Licence Management: de-activate and activate licences without launching @RISK and including via remote access. A new Move Licence option under the Help menu improves the process of transferring a licence from one computer to another

@RISK for Six Sigma
@RISK comes with Six Sigma statistics, functions, and reports. It is used to identify, measure, and root out the causes of variability in your production and service processes and designs.

@RISK Industries & Applications

@RISK is used to analyze risk and uncertainty in a wide variety of industries. From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK.

Excel Ease of Use

@RISK is a true add-in to Microsoft Excel, integrating completely with your spreadsheet. Browse, define, analyze—while never leaving Excel. All @RISK functions are true Excel functions, and behave exactly as native Excel functions do. @RISK windows are all linked directly to cells in your spreadsheet, so changes in one place are carried out in the other. @RISK graphs point to their cells via callout windows. Drag-and-drop ease, context-sensitive right-click menus, and the @RISK toolbar make learning and navigating @RISK a snap.

@RISK Professional
Designed for professional-grade problems in any industry, @RISK Professional is perfect for most commercial uses. It provides a balance of advanced analysis and point-and-click ease of use, and includes:

• Integrated distribution fitting: Defines distribution functions for you based on historical or industry data.
• @RISK Library: A SQL database for storing and sharing with others @RISK distribution functions, model components, and simulation results.
• Excel Developer Kit (XDK): Automate and customize @RISK for Excel through a complete library of commands and functions that let you control every aspect of @RISK in your spreadsheet. Add @RISK for Excel to any custom application.
• Stress Analysis: Lets you control the range that is sampled from a distribution function, enabling you to see how different scenarios affect your bottom line without changing your model.
• Advanced Sensitivity Analysis: Lets you see how changes in any input—distributions or regular values—affect simulation results.
• @RISK Goal Seek: Uses multiple simulations to find an input value that achieves a target simulation result you specify.  

@RISK Industrial
Designed for your largest, most complex models, @RISK Industrial includes everything in @RISK Professional, plus the following:

• RISKOptimizer: Combine Monte Carlo simulation with genetic algorithm-based optimization to find the best combination of factors to lead to a desired result under uncertain conditions.
• Advanced @RISKAccelerator: Speed up simulations with parallel processing by using all multi-core processors and available CPUs within a single machine.

Part of the DecisionTools Suite

@RISK is available by itself or as part of the DecisionTools Suite, Palisade’s complete risk and decision analysis toolkit. The DecisionTools Suite includes PrecisionTree for decision trees, TopRank for what-if analysis, NeuralTools and StatTools for data analysis, and more. @RISK is fully compatible with all DecisionTools programs and can be combined with them for greater insight and analysis. For example:

@RISK and TopRank: The focus of an @RISK analysis can be narrowed using TopRank. Especially with large models, this saves time and improves accuracy of your @RISK analysis. @RISK functions can also be used by TopRank to represent a wider range of values than TopRank’s standard functions.

@RISK and PrecisionTree: In addition, @RISK can be combined with PrecisionTree to represent uncertain chance events and payoffs in decision tree models. This enhances the accuracy of decision tree models by considering wider ranges of values for chance events instead of a few limited, discrete options.

@RISK then StatTools: @RISK results can be run through a StatTools analysis to assess confidence intervals. @RISK can also be applied to results from a StatTools time-series forecast to simulate possible outcomes with more precision

Stand-alone Licenses

Stand-alone licenses are intended for use by one person on one computer.

They may not be run from a server. Every stand-alone license comes with its own serial number and activation ID which unlocks the software for perpetual use. Software activation can be done with a single click over the Internet or manually via e-mail. Stand-alone licenses may be transferred from one computer to another once every 90 days, but may never be used one more than one computer at a time.

Concurrent Network Licenses

Concurrent network licenses are intended to serve multiple users from a network server. The software is installed on a single server, but may also be installed on an unlimited number of client computers. The restriction is placed on the number of users who can access the software at the same time, i.e., concurrently. Concurrent network licenses are a very cost-effective way to serve many people who need to use the software occasionally and “log off” when finished.

Concurrent network licenses utilize FLEXnet technology and come with one serial number and activation ID, regardless of the number of users. Software activation is only required for the server license, not the client installations. Activation can be done with a single click over the Internet or manually via e-mail. The same installer may be used on all client computers, so scripting is very straightforward. In addition, concurrent network licenses support Terminal Services and Citrix environments. The server license may be transferred from one server to another once every 90 days, but may never be used on more than one server at a time.

Concurrent network licenses also allow “borrowing,” or temporarily taking one license off the network server and putting it on the client computer. This lets someone use the software even if their computer is disconnected from the server (e.g., taking a laptop on a trip). When a license is borrowed, an expiration date must be set by the user. At expiration, the license is automatically returned to the server license pool and ceases to function on the disconnected client.

Enterprise Activation Server

Enterprise Activation Server licenses use FLEXnet technology to allow you to grant and manage stand-alone licenses of Palisade software from your own server instead of the Palisade license server.

Rather than requiring every stand-alone user to contact the Palisade license server to activate their software, each user would instead contact your own server once to activate. A single activation ID may be used for all license installations. You can expand the number of users on the license by purchasing additional users for the same server without having to use a new activation ID. If users wish to transfer licenses from one computer to another, the deactivation and reactivation of licenses can be managed on your local server as well. Enterprise Activation Servers are a great option for companies with strict firewall or security protocols, and make license management easy. Simply check your server to see how many installations you’ve used, and who has them.

Corporate Licenses

Palisade corporate licenses are purchasing options that enable you to get the most software for your money, deployed in the most efficient manner possible. Using the concurrent network or Enterprise Activation methods (though may be customized however you wish) and are structured according to your organizational needs and volume.

Investing in a Palisade corporate license is the most cost-effective path to better decisions enterprise-wide. By switching from haphazardly purchasing individual copies to adopting a corporate license, many companies have found that the return on their software investment dramatically improved. Not only was their investment outlay reduced compared to buying individual copies, but widespread access to the software encouraged better decision-making throughout the organization.

There are two kinds of corporate licenses:

Site Licenses – Provide software access to everyone at a particular physical location.

Enterprise Licenses – Provide access to the software throughout an organization or division regardless