As mentioned earlier, unless otherwise noted, the crystal ball documentation pertains to all current crystal ball releases. Its software is expected to be available with hooks to system 9 in the second half of the year, clayton said. Oracle crystal ball product unparalleled insight into the critical factors affecting risk oracle crystal ball is for strategic planners, financial analysts, engineers, scientists, entrepreneurs, cpas, marketing managers, venture capitalists, consultants, six sigma professionals, and anyone else who uses spreadsheets to forecast uncertain results. Using crystal ball with invest for excel datapartner. Download citation decisioneering, inc crystal ball.
The companys offerings include crystal ball, the industryleading risk analysis package. Hyperion purchases decisioneering denver business journal. Oracle crystal ball alternatives 2020 best similar. Additional resources oracle offers technical support, training, and other services to help you use crystal ball most effectively. Backgrounder on risk analysis in excel and risk solver. Heres how oracle crystal ball fares in comparison to these.
Allows users to examine individual simulation results and transfer results to other software programs. Risk solver is an amazing new addin created by the makers of the famous excel. Crystal ball 2000 standard is an easyto use simulation program that helps you analyze the risks and uncertainties associated with your excel spreadsheet models. Crystal ball 2000 standard edition chemical online. Decisioneering announces crystal ball 7 for improved. Crystal ball 7 extends the ability of the software with scalable methods for sharing information, improved statistical modeling capabilities and new analysis and reporting tools. Clicking the view digest details link on the file download window enables you to view sha1. Use crystal balls realistic and accessible way of modeling uncertainty to measure and report on the risk inherent in your key metrics. Founded in 1986, decisioneering s flagship product is crystal ball, a plugin tool for microsofts excel software, which has been used by more than 100,000 people, including 85. The method should however apply to most of the simulations of crystal ball.
A demo version can be downloaded from decisioneering s web pages. The oracle crystal ball users guide is intended for students, analysts, engineers, executives, and others who want to learn how to use the main features of crystal ball. Decisioneering services implements crystal ball to from. Crystal ball, which is an addin for microsoft excel, is made by decisioneering. The popularity of monte carlo methods have led to a number of superb commercial tools. This solution includes oracle crystal ball and the oracle crystal ball decision optimizeran option for oracle crystal ball that adds optimization and substantial processing speed to the power of monte carlo simulation. Oracle crystal ball is the leading spreadsheetbased application for predictive modeling, forecasting, simulation, and optimization. Decisioneering s chief product, crystal ball, allows companies to project how future events might affect their operations. All you need to know is how to use a crystal ball spreadsheet model. Ait group joins decisioneerings six sigma partner program. Risk analysismonte carlo simulation software should offer. The company was later acquired by oracle through the hyperion acquisition in 2008.
Oracle crystal ball is a complete risk analysis and simulation package for microsoft excel that enables you to assign probabilities to outcomes and analyze which variables most impact your decision crystal ball is the easiest way to perform monte carlo simulations in your own excel spreadsheets and models because it automatically. The crystal ball line of microsoft excelbased software is used by industries ranging from six sigma, oil and gas, financial services, and pharmaceuticals to make informed business decisions. Crystal ball is a spreadsheet based software application suite of tools used for simulation, forecasting and optimization for risk. Crystal ball 7 gives users greater ability to transform spreadsheets into dynamic models that solve complicated six sigma problems involving uncertainty, variability and risk. Crystal ball interactive desktop converts your wallpaper into a magical realm where you can see the future. The most popular version among the program users is 11. George group partners with decisioneerings six sigma. Thousands of professionals and over 85% of the fortune use crystal ball across their businesses to gain a competitive advantage. From there, this manual guides you step by step, explaining optquest terms, procedures, and results. If you downloaded one or more iso files, you must use your favorite dvd burning software to write the image directly to a dvd to install the product. Ait group has become a member of decisioneering s six sigma partner program. Oracle crystal ball is a solid product that our experts evaluated with a 9.
Hyperion to acquire software company decisioneering the. Eric wainwright denver, colorado professional profile. Crystal ball is the most complete package for simulation. Discover how oracle crystal ball is the easiest way to perform monte carlo simulations and optimizations in. Hyperion will operate decisioneering as a standalone hyperion business unit. Improve the quality of your critical business decisions crystal ball and decisioneering are registered trademarks and cb predictor and real options analysis. Oracle crystal ball simulation, time series forecasting. Army corps of engineers, as well as the cost engineers with the u. Our antivirus check shows that this download is malware free. Crystal ball 2000 standard is for anyone who uses spreadsheets for project management and needs to forecast uncertain results. Since crystal ball can quickly be applied to new or existing spreadsheet models, you can make the most of the technology you already own and use every day.
The simulation example explained here is very basic and does not utilize all of the many possibilities of crystal ball. Oracle crystal ball is a powerful predictive analytics software built on spreadsheet technology for ease of use. As a fully integrated excel addin program with its own toolbar and menus, crystal ball picks up where spreadsheets end by letting you perform monte carlo analysis a technique for simulating realworld situations involving elements of uncertainty. This problem requires the use crystal ball, the popular commercial spreadsheet addin. Crystal ball software tutorial proceedings of the 34th. Hyperion agrees to buy decisioneering informationweek. With extreme speed powered by psi technology, crystal ball simulations run up to 100 times faster. With crystal ball, you can make the right tactical decisions to reach your objectives and gain a competitive edgeeven in an uncertain. I cofounded decisioneering, inc in 1987 to develop analytical software tools for spreadsheet users. Analytica is an easytolearn, easytouse modeling tool that allows modelers to represent. Like crystal ball, optquest is easy to learn and easy to use.
With its wizardbased design, you can start optimizing your own models in under an hour. The transaction was completed on april 18, 2007 and hyperion now operates as a division of oracle. The suite includes analysis tools for monte carlo simulation crystal ball, timeseries forecasting cb predictor, and optimization optquest as. Decisioneering releases enhanced version of crystal ball. However, you may want to consider other predictive analysis software products that got even better scores and satisfaction ratings. The oracle crystal ball enterprise performance management integration guide contains special crystal. Crystal ball tools features free crystalball demo download. Decisioneering case studies describe actual customer use of crystal ball software. Crystal ball is for anyone who uses spreadsheets and needs to forecast uncertain results. It gives you unparalleled insight into the critical factors affecting risk. Crystal ball, in my opinion, is the easiest to use.
Triservice automated cost engineering system traces u. Crystal ball, in my opinion, is the easiest to use and has the best set of resources an excellent user guide, reference manuals, an abundance of illustrative models and many texts see the web site. One of the results of oracles acquisition of hyperion has been the addition of crystal ball software, designed by hyperions subsidiary decisioneering. Graphing software for use with microsoft excel on windows 95 and 98. Excel simulation showdown part 1 crystal ball additive model. As of early 2003, crystal ball users can select from over 35 books that describe how crystal ball can be used in some aspect of. Oracle software delivery cloud frequently asked questions. Traces applications are used in support of military, civil works, hazardous and radioactive toxic waste htrw, and other. It is a risk analysis package that performs monte carlo simulation and can be used for decision modeling in any spreadsheet model. Oracle crystal ball classroom edition is a fullfunctioned version of our software that is available for the academic community. For information about microsoft excel or powerpoint accessibility, refer to microsoft office product documentation. The programs listed below work directly with excel as addins. The triservice automated cost engineering system traces consists of a suite of software applications designed to support the cost engineers throughout the u.
Oracle crystal ball oracle crystal ball is the recognized leader when it comes to powerful and easy to use simulation and optimization. It has more than 4,000 clients, including sprint, dupont and merck. This presentation will show how crystal ball software a suite of microsoft excelbased applications for monte carlo simulation. For additional information about crystal ball accessibility, see the oracle crystal ball users guide. Oracle crystal ball standard edition for microsoft excel. Over the past five years, decisioneering has worked with many authors and publishers to produce collegelevel and professional textbooks for individuals who need to learn how to apply crystal ball to their work. Crystal ball was originally introduced in 1986 by decisioneering inc. Oracle crystal ball simulation and optimization suite for excel and. This presentation will show how crystal ball softwarea suite of microsoft excelbased. These new features shorten the time required to set up models, increase the ease of use and provide a simple and easy way to interpret and communicate results.
Hyperion a provider in business performance management bpm software, recently announced it has signed a definitive agreement to acquire decisioneering, a privately held decision analysis software and solutions company. Its an innovative solution that plays a critical role in resource allocation, cost estimation, supply chain management, project selection, strategic financial analysis, capacity planning, sales forecasting and more across numerous industries. This problem specifically requires that excel and crystal ball and optquest as applicable be used and not any other software choices. Oracle crystal ball simulation and optimization suite for. As a six sigma partner, ait group will begin using crystal ball software in their six sigma, design for six sigma and lean six sigma implementations around the world. The purpose of this paper is to give a short introduction on how to use decisioneering incs crystal ball with invest for excel. Software oracle crystal ball is the leading spreadsheetbased application suite for predictive modeling, forecasting, simulation, and optimization. Hyperion plans to operate decisioneering as a standalone business unit. Oracle crystal ball is a powerful excel montecarlo addin for predictive. In the first par we present the test, its methodology and the first candidate, oracle crystal ball 11. For clarity, it is distributed by decisioneering, inc. Monte carlo simulation in crystal ball 7 researchgate.
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