Real-World Case Studies and Customer Success Stories with XLSTAT

@RISK helps Rotman School of Management students learn Monte Carlo simulation for financial decisions. Each year, about 200 graduate students... use @RISK in their Financial Management course. The software lets students analyze working capital and capital budgeting with risk assessment. Students also use PrecisionTree for decision tree analysis. The DecisionTools Suite is available in the Rotman Finance Laboratory.
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@RISK helped Larsen & Toubro Institute of Project Management build a risk-based project delivery schedule for engineering outsourcing. The team used... Monte Carlo simulation to analyze 15 project activities and 8 risk triggers. They ran 15,000 scenarios to estimate project hours at different confidence levels. At 90% confidence, projects could be completed in 887 man-hours; at 99%, 925 hours. This approach improved risk mitigation and project planning for engineering outsourcing assignments.
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@RISK helps students at Cornell University's Dyson School learn finance with real-world risk analysis. The Risk Simulation and Optimization course... uses @RISK to teach capital budgeting, investments, and derivatives pricing. Students build probability models and use Monte Carlo simulation for options pricing. The course now runs every semester with about 45 students. Dr. Calum Turvey says @RISK gives students hands-on experience with financial risk modeling.
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@RISK and RISKOptimizer helped George Washington University researchers solve complex debt portfolio and capital investment problems. Dr. Emmanuel Donkor used... these tools to find the best mix of debt sources and reduce default risk to 5%. The software enabled new methods for financial risk analysis and improved decision-making. Analysts now use empirical tests instead of visual guesses for ranking risky investments. This approach has gained recognition in financial research.
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@RISK helps University of Witwatersrand mining engineering students learn financial analysis with Monte Carlo simulation. Over 700 students each year... use @RISK for hands-on risk modeling in mine design and financial evaluation. The tool turns static lessons into practical exercises, letting students analyze cash flow and risk. The department also uses @RISK for research on mining tax impacts and cut-off grades. Professors praise @RISK for its ease of use and value in academic modeling.
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DecisionTools Suite helped BRISK at the University of Bristol model volcanic risk in Guatemala. Researchers used @RISK and PrecisionTree to... estimate evacuation success during eruptions. The tools enabled Monte Carlo simulation and logic tree analysis in Excel. This approach improved risk assessment and informed better planning for authorities. DecisionTools Suite proved invaluable for managing volcanic hazards near Volcán de Fuego.
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@RISK helped Cambridge University's Judge Business School analyze climate change risks for the Stern Review. The team built the PAGE2002... model using @RISK to simulate climate and economic scenarios. This tool let them measure uncertainty in climate sensitivity and economic impact. RISKOptimizer helped recommend how much to cut CO2 emissions. The Stern Review advised investing 1% of global GDP yearly to avoid severe climate damage.
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StatTools and the DecisionTools Suite helped Pace University's Lubin School of Business combine MBA-level statistics and operations research courses. The school needed... software that worked with Microsoft Excel for business analysis and decision making. StatTools provided robust, accurate analysis and was easy for students to use. Students received a free two-year license with their textbook, making the solution cost-effective and convenient.
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@RISK helps the Technical University of Denmark Centre for Traffic and Transport analyze risk in transport projects. The team uses... @RISK for cost-benefit analysis, construction cost prediction, and decision support. This tool supports projects like road building and airport planning in Greenland. @RISK makes complex predictions easy and helps design custom systems for partners. The center values @RISK for its straightforward use and advanced analysis.
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@RISK helped the University of Adelaide School of Chemical Engineering predict metal corrosion risk at sea. The team used Monte... Carlo simulations to analyze pitting risk for offshore oil and gas equipment. They ran 5,000 simulations and found a 9.26% risk of pitting initiation. The solution created new 'isorisques' maps to show risk areas. @RISK made the process user-friendly and reliable for large data analysis.
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@RISK software helped the University of Tokyo improve mad cow disease detection in Japan. Professor Sugiura used Monte Carlo simulation... in @RISK to model BSE testing strategies. The tool showed that raising the minimum testing age had little effect on detection rates. Researchers found they could focus on other factors instead of testing age. @RISK made it easy to build models in Microsoft Excel without new programming skills.
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Experiential Learning Cloud helped The Chicago School of Professional Psychology manage practicum placements for 1,500 students each year. The school replaced... outdated databases and paper processes with a customizable, easy-to-use software. This improved data collection, reporting, and communication for internship and accreditation management. The solution supported the school's expansion from 7 to 31 academic programs. Staff praised the vendor's support and partnership.
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NVivo and EndNote helped Ole Steen Kristensen at Aarhus University manage a metasynthesis of literature on youth transitioning from foster care. He faced the... challenge of sorting and analyzing over 1,000 articles with diverse methods. EndNote streamlined article selection, reducing the pool to 124, then NVivo enabled easy import, coding, and quality assessment, narrowing it to 30 key studies. NVivo's coding and querying tools made thematic analysis simple and efficient. The process led to new research hypotheses and improved student research workflows.
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NVivo helped Bruce Tsuji, a PhD student at Carleton University, analyze how experts and novices interpret data. He used NVivo... to code and query verbal transcripts from faculty and students explaining graphs. NVivo's features let him identify nine key components in explanations and compare strategies between groups. Bruce found NVivo easy to learn and essential for his research. He credits NVivo for enabling both qualitative and quantitative analysis of his data.
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Experiential Learning Cloud helped University of Texas at Arlington cut student placement time by 80%. The team now places over... 600 students each semester. Reporting time dropped by 88%. The platform's mobile optimization and customization features improved user experience. UTA scaled operations and rebuilt agency relationships with streamlined workflows.
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@RISK helped California Polytechnic State University analyze risk management for California agriculture. Experts used @RISK to test the common 80%... hedge ratio rule for iceberg lettuce growers. The study found that relying on spot market sales rarely increased profits and often led to losses as high as $850 per acre. Full hedging with forward contracts proved more effective for stable margins and debt service. The research shows margin management is better than chasing high spot prices.
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Experiential Learning Cloud cut manual processes by 75% for Central Michigan University’s Counselor Education program. The platform replaced a slow,... inflexible system, saving 1.5 months of manual work. Staff now use a single source of truth for student data. The intuitive interface and reporting tools help track student progress and improve efficiency. Students find it easy to log hours and stay organized on their phones.
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Experiential Learning Cloud helped the University of South Alabama unify 15+ tools into one placement system. Over 2,000 learners now... use a single platform for field experience management. Hundreds of placements are uploaded in seconds, not days. The college reduced manual work and improved reporting for accreditation. Faculty and staff spend more time supporting students and less on administration.
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@RISK by Lumivero helped Swinburne University of Technology analyze new venture risks. Researchers used @RISK to model uncertainties in a... business plan for a mobile app. The software made it easier to specify distributions and understand the impact of randomness. This led to deeper insights and better communication with investors. The process improved confidence in the business model and reduced unknowns.
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@RISK and PrecisionTree helped University of California San Diego create better Hepatitis B screening for Asian populations. Researchers used risk... modeling to decide which tests and locations worked best for different groups. Wealthier Asian immigrants benefited from standard care testing in clinics. Poorer groups saw better results from point-of-care tests at community events. The findings changed local and national health policies for targeted screening.
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@RISK helped University of California Berkeley model extinction risk for the Devils Hole pupfish. Dr. Steven Beissinger used @RISK in... Excel to run 10,000 Monte Carlo simulations, projecting population decline and evaluating captive breeding strategies. The analysis showed most pupfish populations would go extinct within 50 years, but removing eggs for captive breeding had minimal impact. The U.S. Fish and Wildlife Service used these results to guide conservation, leading to a rebound and stabilization of the pupfish population.
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Experiential Learning Cloud helped a university social work program move from paper and fax to a digital field management system. The program needed... an easy, customizable tool to improve student outcomes and streamline field placements. Experiential Learning Cloud saved dozens of hours for staff and made reporting simple. The software improved collaboration between students, faculty, and supervisors. The university values the strong partnership and responsive support from the vendor.
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Experiential Learning Cloud helped Heidelberg University modernize student placement. The Master of Arts in Counseling program used the platform to... streamline application and documentation for field placement. This reduced the time students spent on paperwork, letting them focus more on serving clients. The system supports licensure tracking and meets CACREP accreditation standards. Feedback from students and supervisors has been positive.
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@RISK helps Virginia Commonwealth University students analyze financial risk in business classes. Students use Monte Carlo simulation, stress analysis, and... sensitivity analysis to study companies like Amazon and FedEx. They identify key risk factors, such as 'Property, plant, and equipment' for Amazon and 'Revenue' and 'Cost of goods sold' for FedEx. The software enables students to compare quantitative and qualitative risk maps. This hands-on approach builds real-world risk management skills.
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@RISK software helps the Technical University of Denmark teach risk analysis and decision support in transportation planning. Dr. Kim Bang... Salling uses @RISK to create probability distributions and run Monte Carlo simulations for graduate students. The software supports research on uncertainties in transport project evaluation. It is easy to use for both research and teaching. The university collaborates with Aalborg, Princeton, and Oxford on a large-scale project using @RISK.
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Experiential Learning Cloud helped Winthrop University cut placement time by 50%. Before, staff manually logged hours for 400 students using... multiple systems. The new platform made tracking and reporting faster and easier. Students and staff liked having everything in one place. The setup time for courses dropped to a third of what it was before. The university found the system user-friendly and efficient.
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Experiential Learning Cloud helped Central Methodist University centralize counselor fieldwork across four campuses. The platform replaced manual, paper-based processes with... a single digital system. This led to a 98% time savings on administrative tasks. Faculty, students, and supervisors now access real-time data and streamlined workflows. The solution improved accuracy, compliance, and student support in the counseling program.
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Experiential Learning Cloud helped Georgetown College save 1. 5 months of manual work. The college enabled real-time field experience tracking...for over 300 learners. The platform replaced manual spreadsheets with a single source of truth for student data. Faculty now spend less time on paperwork and more on teaching. Integration with Canvas improved compliance and accreditation processes. Data is now secure, accessible, and ready for audits or evaluations.
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@RISK and DecisionTools Suite help Shanghai Jiao Tong University students and researchers analyze risk and make decisions faster. Professor Li Mian... uses these tools in teaching and research, cutting analysis time from 20 hours to just 1 hour. The software simplifies Monte Carlo simulations and sensitivity analysis for engineering design and product pricing. Integration with Microsoft Excel makes it easy to learn and use. Students gain practical skills for real-world problem solving with these decision analysis tools.
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SharpCloud helped a global defense agency find over £1 billion in missed opportunities. The agency used SharpCloud to visualize complex... programs and manage risk. Leaders made better decisions on more than £5 billion in investments. The platform turned complex data into clear stories for senior teams. SharpCloud improved planning, risk mitigation, and collaboration across the agency.
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SharpCloud helped a global defense agency manage a complex, multi-billion-pound portfolio. The agency unified schedules, infrastructure plans, and functions into... one interactive platform. SharpCloud’s visualization tools enabled early risk identification and precise forecasting. The agency found £1 billion in missed opportunities and supported over £5B in investment decisions. Teams collaborated better and made faster, more informed choices.
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@RISK and DecisionTools Suite help the U. S. Army Corps of Engineers manage dam and levee safety, asset management, and...project risk. Lumivero Custom Development built a tailored @RISK-based application for risk analysis. The Excel-based model uses Monte Carlo simulation to assess project exposure to loss of life and damage. A custom interface lets engineers create models and reports quickly. USACE uses this solution for all new dam and levee projects.
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@RISK and Project Risk Maturity Model helped the UK Ministry of Defence deliver more projects on time and within budget. The MoD used... these risk analysis tools for equipment procurement worth over £60 billion. The solution improved the reliability of project risk forecasts and approval processes. Since 2004, more projects met their schedule and cost goals. The MoD now uses risk-based forecasts and RMM for better project management.
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@RISK software helped the Louisiana Department of Health plan hospital evacuations for hurricanes. The team built a custom risk analysis... model to handle complex variables and justify resource needs to federal partners. The model supports up to 10 evacuation scenarios and uses advanced simulations to estimate patient movements. This solution improved planning accuracy and helped secure federal support for emergency evacuations. LDH found the tool easy to use and critical for both annual planning and real hurricane events.
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@RISK helped the United Nations Development Program Kuwait Integrated Management Project model traffic congestion. The team used Monte Carlo simulation... to analyze vehicle patterns and speeds. They ran 5,000 iterations for each variable using Excel. The model gave fast results and clear graphs for estimating vehicle numbers. This approach made complex analysis easy without advanced statistics skills.
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@RISK by Lumivero helped the United Nations Development Program (UNDP) support Kuwait Environment Public Authority in air quality management. UNDP used @RISK... to model emissions data, overcoming poor recordkeeping and enabling accurate air quality analysis. Monte Carlo Simulation showed that some factories contributed less than 2% to pollution 95% of the time. The software enabled year-by-year comparisons, revealing a 15% decrease in SO2 levels. UNDP relies on @RISK daily for risk analysis and environmental monitoring.
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@RISK helped the U. S. General Services Administration manage a $50B, 15-year acquisition project for Enterprise Infrastructure Solutions. The software...enabled GSA to analyze quantitative risk, optimize schedules, and control costs using Monte Carlo simulation. GSA completed the project on time and on budget, awarding 10 contracts. Executives used @RISK to set realistic milestones and test risk mitigation strategies. The tool provided real-time insights for better decision making in government project management.
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NVivo helped USAID LEARN analyze qualitative data from 60 interviews and two focus groups. The team used NVivo to review... over 100 Learning Agenda questions and distill them to the top five. NVivo revealed that more than 20 USAID units use Learning Agendas, improving organizational learning. The software identified key motivations for using Learning Agendas, such as accountability and leadership changes. NVivo enabled faster, more accurate analysis, supporting USAID's global aid effectiveness.
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@RISK helped the National Oceanic and Atmospheric Administration model Atlantic salmon recovery in the Penobscot River. The team used @RISK... to run thousands of stochastic model iterations in Excel. They tested scenarios with different dam removals and passage efficiencies. Results showed that removing mainstem dams or improving passage efficiency increased adult salmon abundance and distribution. @RISK made it easy to handle complex data and share results with colleagues.
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SharpCloud helped Devon & Somerset Fire & Rescue Service improve risk communication and operational oversight. Before SharpCloud, risk tracking was... hard with scattered spreadsheets. The new system gave clear visibility into risks, controls, and actions. Leaders now see real-time updates and track progress easily. Accountability and decision-making improved across the organization.
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@RISK helps Gemeente Hoorn manage financial risk in urban planning. The city uses @RISK to set financial buffers for housing... projects. Monte Carlo simulations show how price changes of -20% to +15% affect outcomes. The tool lets planners model economic scenarios and adjust project timing. @RISK is core to recalculating financial buffers each year.
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NeuralTools helped the Western Australia Department of Agriculture predict wool prices in a complex, high-risk market. Kimbal Curtis used NeuralTools... to analyze nearly 6,000 records, handling missing data and nonlinear relationships. The Best Net Search and Live Prediction features enabled accurate, real-time price predictions. The model identified wool fiber diameter as the key factor, improving pricing decisions for buyers and sellers. Curtis praised NeuralTools for its user-friendly interface and problem-solving power.
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@RISK helped the UK Department of Energy and Climate Change model energy use and emissions. The team used Monte Carlo... analysis and Tornado diagrams to assess the impact of variables like GDP and fuel prices. @RISK's distribution fitting and sensitivity analysis improved confidence in emissions estimates. The software made it easier to meet carbon budget targets and manage uncertainty in projections.
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SharpCloud unified 10,000 pages of project data for Team Defence Information. Leaders gained a single interactive view for portfolio management.... 140 member companies now have clear strategic priorities. Executives improved decision-making and resource management. SharpCloud replaced static reports with real-time visual stories. TD-Info now aligns defense strategy with better data and collaboration.
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@RISK helped UK HM Prison and Probation Service manage risk in over 80 capital works projects. Faithful & Gould used... @RISK to model cost and schedule uncertainties. They ran risk identification workshops and built a risk register for each project. Cash flow simulations with @RISK matched real outcomes, giving confidence in the program. The service used these results to make contingency plans and manage risks.
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@RISK, an Excel add-on, helped the Federal Highway Administration use Monte Carlo simulation for life-cycle cost analysis in pavement design. The agency trained... staff in risk analysis and applied probabilistic methods to real projects. This approach let them answer key questions about possible outcomes and their likelihood. The result was better, more cost-effective decisions for long-term benefits in highway projects.
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@RISK helped Preformed Line Products (PLP) improve manufacturing efficiency. PLP used @RISK's Goal Seek feature to optimize tolerance stacking for... spreader rods. This reduced rejected components and saved time and money. Vendors now get tailored tolerance guidance, leading to fewer production issues. PLP plans to use @RISK in more processes due to its ease of use and strong support.
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@RISK Developer Kit helps Hitachi Solutions East Japan Ltd. improve risk analysis in manufacturing. The Planning Department uses it to... evaluate risk measures like Value at Risk for supply chain management. They built a custom C++ system to integrate @RISK functions outside Excel. This lets them visualize production and inventory risks. Better forecasting helps reduce lead times and improve supply accuracy.
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@RISK and PrecisionTree helped Novelis improve risk evaluation for high-risk R&D projects. Novelis used these tools to bring quantitative analysis... and better decision-making to their project portfolio. The software enabled clear risk assessment, integrating commercial and scientific input. Novelis now identifies key risks and optimizes project selection. The tools made it easier to communicate results to stakeholders and improve portfolio management.
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DecisionTools Suite helped Met-Mex Peñoles optimize precious metal refining. The company used Six Sigma Design of Experiments to reduce costly... trial runs with gold and silver. @RISK simulations let them test process changes without risking expensive materials. They used precise data and graphic tools to cut production losses. This improved process control and reduced waste in gold and silver manufacturing.
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@RISK helped Tata Steel manage a major blast furnace shutdown at Teesside Works. The company used @RISK for project risk... assessments and to analyze project timescales. The furnace reline finished in 68 days 9 hours, beating the 70-day target. The risk model guided stock build and production decisions. Tata Steel called the project a major success and credited @RISK for disciplined risk analysis.
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@RISK and Szigma IntegRisk® helped SzigmaSzervíz Ltd. manage schedule risk in a manufacturing company. The team used Microsoft Project and... Monte Carlo simulation to analyze maintenance delays. Risk management avoided a potential €5M loss by keeping maintenance on schedule. The solution improved decision-making and reporting for project managers. Combining @RISK with Szigma IntegRisk® gave reliable results even without historical data.
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Wyllie & Norrish Rock Engineers used Lumivero's @RISK and PrecisionTree to design rock fall protection for a mountain road. They modeled rock... fall hazards using probabilistic analysis and Monte Carlo simulation. The team calculated impact energy distributions to select a fence that would contain about 90% of rock falls, with a design energy of 1250 kJ. The solution helped communicate risk and recommend the best mitigation strategy. The approach ensures safer roads through quantitative hazard analysis.
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PrecisionTree helps Wyllie & Norrish Rock Engineers find the best way to protect areas from debris flows. They use decision... trees to compare costs and risks for building a dam, relocating homes, or doing nothing. The analysis shows building a dam is the most cost-effective, with a total expected cost of $200,150, compared to $360,000 for existing conditions and $2,000,600 for relocating houses. PrecisionTree makes it easy to show clients the risks and costs for each option. This helps them choose the best protection strategy.
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@RISK software helps Patrick Engineering manage risk for Massachusetts Bay Transportation Authority projects. The team uses @RISK for quantitative risk... analysis of cost and schedule estimates. They run collaborative risk workshops to identify and model project risks. The software provides probability distributions for cost and schedule, improving contingency planning. This approach prepares the team for potential risks and supports better project outcomes.
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@RISK helped the Stronger Christchurch Infrastructure Rebuild Team estimate costs for rebuilding Christchurch after major earthquakes. The team used @RISK... to model uncertainty and risk for over 700 infrastructure projects. This gave decision makers confidence to move forward with a $2.2 billion program. The final spend was within 1-2% of the estimated cost. SCIRT credits @RISK for enabling accurate risk assessment and better decisions.
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Predict! risk management software helped Babcock Infrastructure Network Engineering increase project delivery gross margins by 2%. The company replaced its... Excel-based risk management system to better control risk budgets and improve profitability. Predict! enabled more accurate risk allocation, with project managers controlling 50% of the risk budget and directors holding 30%. This new approach led to savings of up to £15K per £1M project. The success prompted a company-wide rollout of Predict!.
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@RISK helped WEnergy Global analyze a 25-year renewable energy project across several countries. The company faced challenges with revenue variability... and currency exchange rate volatility. @RISK enabled fast, complex scenario analysis with 50,000 iterations, saving significant time and resources. Key features included defining input distributions and generating Excel reports. The analysis led WEnergy Global to move forward with the multimillion dollar project.
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@RISK helped BC Hydro analyze uncertainty in electricity conservation projects. The utility used @RISK to model savings for about 60... demand-side management projects. This improved forecasting and supported aggressive energy-saving targets. Visual tools in @RISK helped experts make better predictions. BC Hydro used these insights to plan for meeting 75% of new demand through conservation.
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@RISK helps ADWEC forecast Abu Dhabi's water demand up to 2030. ADWEC needed accurate predictions to avoid costly over- or... under-capacity. Before @RISK, they used basic scenarios. Now, @RISK's risk analysis and statistical modeling improve accuracy. ADWEC meets water demand forecasts with high confidence and no shortages since 1998. The software is easy to use and supports reliable, cost-effective water supply planning.
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@RISK, Evolver, and RISKOptimizer help Northern Indiana Public Service Company manage risk in utility contracts. The tools let NIPSCO model... pricing, investment, and production scenarios. Using Evolver, NIPSCO found a scenario that cut costs by 30 percent. The software helps top management make fast, data-driven decisions. NIPSCO also uses Lumivero tools to predict regulatory changes and optimize plant operations.
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Predict! helped LLW Repository Ltd move from spreadsheets to a scalable risk management platform. The company needed a tool to... integrate risk data and provide strong analytics and audit trails. Predict! enabled multi-user access, comprehensive reporting, and full business-wide engagement. LLWR now demonstrates risk management clearly to the board and clients, with increased organizational participation and confidence in decision-making.
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@RISK helps Deloitte advise insurance clients on cell captive risk. Deloitte uses Monte Carlo simulations to forecast capital needs for... rare events like severe hailstorms. The Compound function in @RISK combines loss likelihood and severity in one step, saving time and simplifying models. Correlation features in @RISK improve accuracy for complex insurance scenarios. Deloitte finds @RISK essential for clear, actionable risk analysis in insurance partnerships.
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@RISK software helped Pellegrino & Associates value intellectual property for early-stage companies facing civil lawsuits. The firm used Monte Carlo... simulations to model risk and calculate fair IP values based on discounted future income. In a court case involving pharmaceutical container technology, @RISK enabled the team to handle 35 complex inputs and present clear, defensible results. The court accepted their analysis, boosting confidence in their valuation process. Pellegrino & Associates now uses @RISK for every court case.
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@RISK and RISKOptimizer helped Performance Thinking & Technologies optimize a hedge fund portfolio. The team used simulation and quantitative modeling... to balance risk and return. They found the best mix of long and short positions for better profitability. The software tested many combinations to find the optimal portfolio. This approach moved the client from qualitative to quantitative decision-making. The result was a more structured and data-driven investment process.
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Palisade’s @RISK software helped Deloitte AIS manage financial risks for mine rehabilitation in South Africa. The team used @RISK to... build fast, accurate financial models for mining clients. This reduced manual work and errors compared to Excel. Deloitte AIS avoided overfunding by several billion rands and cut required contributions by almost half. The solution improved risk analysis, compliance, and investment strategy for environmental sustainability.
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@RISK helped University of Texas Southwestern Medical Center study kidney transplant outcomes. Dr. Tanriover used @RISK to model data from... 100 donors and simulate 10,000 cases. The analysis showed kidney size is the key factor for transplant success. Split function tests and biopsies did not add value. The tool gave doctors clear answers for live donor kidney selection.
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NVivo helped the University of New Mexico Health Sciences Center organize and analyze 500 articles for a cancer care research project. The team used... NVivo to import, code, and query literature, narrowing down to 25 key articles. NVivo's features made it easy to track data, create codebooks, and run matrix queries. The software improved collaboration and saved time during the literature review. The team recommends NVivo for managing complex qualitative research projects.
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NVivo helped the Strategy Unit at NHS Midlands and Lancashire Commissioning Support Unit improve qualitative data analysis in healthcare. The team used... NVivo to manage large datasets, analyze interviews, and support evidence-based recommendations. NVivo enabled more rigorous research, better report writing, and efficient methodology design. The team now partners with academic organizations and plans to expand NVivo use for evidence synthesis and data triangulation.
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NVivo 8 helped Alberta Health Services manage a major health care reform project. The team used NVivo 8 to analyze... interviews, field notes, and observation data from primary care networks. NVivo 8 made it easy to organize, code, and share insights quickly. The software supported both immediate feedback and long-term research goals. Health professionals used these insights to improve care models and policy.
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PrecisionTree helped Project & Portfolio Value Creation (PPVC) analyze drug indication sequencing for a new anti-inflammatory drug. The tool modeled... three clinical trial pathways and found that starting with IBD trials gave the highest risk-adjusted net present value of $552 million. Sensitivity analysis showed the IBD-first strategy stayed best unless its success probability dropped below 45%. PrecisionTree also calculated the expected value of sample information for a proof-of-concept study at $72 million. The solution enabled clear, data-driven decisions for pharmaceutical development.
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@RISK and PrecisionTree help AC Immune SA improve drug development for neurodegenerative diseases. The company uses @RISK to calculate risk-adjusted... net present values for drug candidates. PrecisionTree supports key decision-making along the development pathway. AC Immune manages risk, defines prediction intervals, and communicates results clearly. The software enables more dynamic analysis than static Excel models, giving AC Immune a competitive edge.
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@RISK, PrecisionTree, and RISKOptimizer helped Novartis Pharma improve R&D project selection and prioritization. The pharmaceutical company faced big challenges in... project portfolio management and needed better decision-making tools. Using decision analysis, simulation, and optimization, Novartis made smarter investment choices. The London Business School case study showed how these tools support strategic decisions in pharma.
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@RISK helps Merck manage value-at-risk for currency exposure. The Director of Foreign Exchange uses @RISK to analyze and present complex... risk scenarios. The tool supports distribution fitting and flexible modeling for hedging strategies. Merck relies on @RISK to handle evolving accounting standards and global currency risks. The software enables detailed simulations for both economic and accounting hedge performance.
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@RISK helped Transnet, South Africa's main freight logistics company, analyze risks in large capital projects. Transnet used @RISK to assess... infrastructure expansion and manage complex projects across railways, ports, and pipelines. The tool enabled the team to model 1,064 risks across 86 projects, improving risk identification and decision-making. DecisionTools Suite provided scientific, defendable numbers for contingency and risk ranking, boosting project confidence and clarity.
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@RISK helped Greenup Locks and Dam analyze the stability of their lock monoliths. The team used Monte Carlo simulation to... predict performance and guide rehabilitation. Cracked and anchored monoliths were found to be stable, while cracked and not anchored ones were not. The software allowed clear communication of risk and performance. This analysis supported safe operation and ongoing commercial shipping.
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IRIS and @RISK help London Underground manage risk for investment projects and passenger safety. The software uses Monte Carlo simulation... to support decision-making. London Underground reports significant financial and performance benefits from this solution. The tools link risk management to corporate goals and improve project feasibility analysis. IRIS and @RISK drive better option selection in complex scenarios.
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Metaproject used Palisade's PrecisionTree to help the Chilean government rescue 33 miners trapped underground. The team built a decision tree... model to find the safest and fastest rescue method. PrecisionTree compared drilling options and risks, showing that using the Schramm T-130 and RIG-421 drills together would lower risk. The rescue succeeded in just 65 days, much faster than early estimates. Metaproject's analysis with PrecisionTree guided a life-saving operation.
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@RISK helped FutureMetrics hedge wood price risk in wood pellet production. The team used @RISK to model wood price fluctuations... and measure ROI for biomass energy projects. They found a median ROI of 25.14% over 20 years for a pellet plant. Without hedging, there was a 9% chance of negative NPV and an 89.5% chance of loss for aggregators. With @RISK, mean losses dropped from $143.9 million to $18,000. The software made complex risk analysis easy and clear.
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@RISK and PrecisionTree helped Triangle Economic Research guide Fortune 500 clients in managing environmental risk portfolios. The tools modeled three... options for handling environmental liabilities after a major plant sale. Sensitivity analysis and scenario modeling identified arbitration as the least costly route, saving over $30 million. An outside actuarial group validated the model's findings. The consultant values the flexibility and power of @RISK and PrecisionTree for complex risk analysis.
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@RISK helped Scottsdale Insurance Company compare two commercial properties for insurance. Both properties had a 64% chance of exceeding a... 10% hurdle rate. The Arizona property showed a mean return of 18% when clearing the hurdle, while the Florida property showed only 11%. Using @RISK, Scottsdale chose the Arizona property for better capital returns. The tool's graphical outputs made complex risk analysis easy for executives.
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Alesco Risk Management Services Limited uses Palisade’s @RISK software to help energy sector clients optimize insurance and risk financing strategies. The tool enables... Alesco to run Monte Carlo simulations in Excel, making complex risk modeling and loss forecasting fast and simple. This approach helps clients balance premium costs, capital requirements, and risk retention. Alesco leverages @RISK to advise on optimal insurance structures, supporting regulatory compliance and cost savings.
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@RISK helped the Society of Actuaries and Illinois State University analyze reinsurance risk. They used Monte Carlo simulation to model... stop-loss claims for a hypothetical insurer. The tool made it easy to test different reinsurance strategies. Combining quota share and aggregate excess reinsurance reduced downside risk. The models also showed which claim variables most affect capital position.
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SharpCloud helped a U. S. defense contractor improve project visibility and resource management. The contractor digitized R&D roadmaps, connecting projects,...resources, and timelines in one platform. This made it easier to spot bottlenecks and align work with strategy. The team could prioritize projects and reallocate resources quickly. Within three weeks, they saw faster decisions and better efficiency across billion-dollar asset projects.
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@RISK helps NASA and Lockheed Martin plan the first manned Mars mission. The team uses @RISK to analyze schedule risk... and key risk factors for the Orion program. They assign probability and consequence scores to tasks, using 40 years of mission data. Monte Carlo simulations in @RISK show the likelihood of meeting milestones. Regular risk assessments improve accuracy and help manage complex project schedules.
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@RISK helped QinetiQ analyze cost and schedule risks for wireless power transfer technology. The team used the software to answer... if WPT is feasible, how long it would take, and what it would cost. @RISK gave QinetiQ a clear view of possible delivery dates and funding needs. This risk analysis tool supported better decision-making for new technology evaluation.
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@RISK helps Thales measure the feasibility of new business tenders. Thales uses @RISK to analyze project costs, market potential, and... probability of success. The software models scenarios for aerospace, defence, and security contracts. Thales relies on @RISK for risk analysis, rate of return, and strategic decision-making. The tool supports informed, business-critical decisions in complex markets.
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Predict! suite helps BAE Systems manage supply chain risk across 25,000 suppliers. BAE Systems needed a better way to track... and share risks than MS Excel. Predict! suite offers a flexible, integrated risk management tool. It lets suppliers update risk data easily and supports methods like Monte Carlo analysis. This approach improves decision making, trust, and reduces costs for BAE Systems.
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Predict! helped ASC transform risk management across its defense operations. ASC needed better risk visibility and alignment for over 2,000... employees. Predict! provided a unified risk management system, making risk a shared responsibility at every level. ASC saw improved decision-making and 100% risk alignment across the organization. Contract capacity increased, and risk became a strategic enabler, not just a compliance task.
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