DecisionTools Suite - 2026 Pricing, Features, Reviews & Alternatives

DecisionTools Suite is a Windows-based set of applications that caters to businesses in the aerospace, finance & banking, construction, defense, manufacturing, engineering, insurance, supply chain, energy, and utilities industries. It helps organizations streamline risk analysis and decision-making processes using several integrated tools enhancing key performance indicators (KPIs) based outcomes.

With the @Risk tool, administrators can perform risk analysis using Monte Carlo simulation technology to calculate future outcomes, identify risk-driving factors, communicate risk, and represent industry scenarios to stakeholders via customizable graphs, probability distributions, data-fitting tools, and correlation modeling. Its PrecisionTree module helps users organize, analyze and visualize outcomes using decision trees and influence diagrams. Businesses can use the built-in StatTools module to manage multiple data sets, build custom statistical procedures and perform forecasting, normality tests, group comparisons, regression analysis, nonparametric tests, and more.

DecisionTools Suite facilitates integration with Microsoft Excel. It also offers tools such as TopRank that enable users to perform automated what-if sensitivity analysis and RISKOptimimzer that helps with risk optimization under uncertainty.