Highlights : About Oracle Crystal Ball
Monte Carlo simulation, analysis tools, and reports
Category publish and subscribe
CB predictor developer kits
Product Details
Features
Capability metrics
Monte Carlo simulation, analysis tools, and reports
Crystal Balls tools
CB predictor developer kits
OptQuest developer kit
Category publish and subscribe
Correlation and fitting
CB predictor
OptQuest
Enterprise integration
Benefits
Oracle Crystal Ball is a powerful predictive analytics software built on spreadsheet technology for ease of use.
It’s 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. The application improves the effectiveness of your strategic business decisions, gives you the competitive edge, and allows you to reach your business objectives confidently.
Its use of the Monte Carlo Simulation means it’s easy to automatically compute and record the results of multiple ‘what if’ scenarios.
The platform enables you to analyze these cases to reveal a range of possible outcomes, predict the possibility of their occurrence, establish the inputs that will impact your model most, and pinpoint where to focus your efforts. The Monte Carlo Simulation, analysis tools, and reports simplify your workflow and allow you to view results and descriptive statistics all at once with split-view graphs and charts.
Additionally, Oracle Crystal Ball’s correlation and fitting tools allow you to utilize current and historical data to create precise, predictive models.
On the other hand, the OptQuest tool is a flexible feature that makes it easy to solve problems in which variability and uncertainty have traditionally hindered forecast. It allows you to automatically search for an optimal solution while accounting for requirements, constraints, and uncertainty. Better still, Oracle Crystal Ball permits you to use simulations to automatically visualize and model numerous uncertain scenario, thereby saving your time and improving productivity.