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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

The newest version of the free software MCM Alchimia has been designed to facilitate the estimation of measurement uncertainty and calibrations using the Monte Carlo method in accordance with JCGM 101. In this update, a comprehensive GUM framework uncertainty budget has been introduced, and similar to the previous version, it maintains support for correlated quantities and regression curves. Additionally, it boasts a speed enhancement that rivals well-known calculation and statistics programs. Users can perform simulations using direct, inverse, and total least squares methods, offering versatility in analysis. Furthermore, there is a custom application language available through an external module, allowing for tailored functionality. The output report provides a thorough statistical analysis of the simulations conducted, ensuring users have detailed insights into their results. This release significantly enhances the usability and efficiency of the application for professionals in the field.

Description

RiskAMP is a comprehensive Monte Carlo simulation engine designed specifically for Microsoft Excel®, allowing for seamless integration with the software's interface and functions. The RiskAMP Add-in provides an extensive toolkit for incorporating risk analysis into spreadsheet models, streamlining the process while remaining more affordable than many competing options. Featuring a user-friendly integrated ribbon toolbar and support for VBA scripting, it also automatically generates charts and graphs. With the release of RiskAMP 6, new features have been added, including the PERT distribution for project and cost modeling, over 40 random distributions—including those that are correlated and multivariate—and automatic generation of histogram and correlation charts. The tool accommodates Latin Hypercube sampling, Las Vegas simulation algorithms, and distribution fitting, while also offering native compatibility with Windows on ARM architecture. RiskAMP is suitable for use with Excel versions ranging from 2013 to 365, whether in 32-bit or 64-bit formats, and users can also access a web-based risk platform known as RiskAMP Web. This versatility ensures that a wide range of users can benefit from enhanced risk analysis capabilities in their Excel applications.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Microsoft Excel No 

Integrations

Microsoft Excel Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

$16.95 per month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Alchimia Software

Country

Uruguay

Website

www.mcm-alchimia.com

Vendor Details

Company Name

RiskAMP

Founded

2005

Country

United States

Website

www.riskamp.com

Product Features

Statistical Analysis

Analytics No 
Association Discovery No 
Compliance Tracking Yes 
File Management No 
File Storage No 
Forecasting No 
Multivariate Analysis Yes 
Regression Analysis Yes 
Statistical Process Control No 
Statistical Simulation Yes 
Survival Analysis No 
Time Series No 
Visualization No 

Product Features

Statistical Analysis

Analytics No 
Association Discovery No 
Compliance Tracking No 
File Management No 
File Storage No 
Forecasting No 
Multivariate Analysis No 
Regression Analysis No 
Statistical Process Control No 
Statistical Simulation No 
Survival Analysis No 
Time Series No 
Visualization No 

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