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What is Decision Explorer?

Decision Explorer® provides an innovative approach to tackling "soft" issues, which pertain to the qualitative dimensions of complex or ambiguous situations. This tool allows individuals to carefully document their thoughts and ideas, explore them in depth, and gain new perspectives and comprehension. As a result, users often experience a refreshed mindset, increased productivity, liberated creativity, and a sharper focus. Initially developed by researchers from the universities of Bath and Strathclyde, this advanced application is now supported by Banxia Software in collaboration with leading organizations, attracting a diverse global user base. When it comes to deciphering intricate problems, Decision Explorer® facilitates the development of a comprehensive ‘qualitative’ model. By creating a detailed ‘map’ that can be scrutinized and analyzed, users are better equipped to strategize, make educated choices, and address business challenges effectively. As a robust cognitive mapping tool, it includes a wealth of analytical features that significantly boost its effectiveness. Furthermore, its capacity to promote collaborative discussions enhances its worth in a variety of professional environments, making it an indispensable resource for teams seeking to navigate complexity together.

What is Analytica?

BI tools offer stunning dashboards and reports that enable users to identify trends within historical data, which can yield valuable insights but lacks prescriptive capabilities. To truly understand potential outcomes in atypical scenarios and how to navigate them, model-driven decision-making becomes essential. Analytica stands out as a cutting-edge visual software platform that facilitates the creation, exploration, and sharing of quantitative decision models that yield prescriptive outcomes. It allows users to move beyond the limitations of traditional spreadsheets. The remarkable flexibility, power, and clarity of Analytica are transformative. With Analytica, building transparent models is significantly faster compared to using procedural programming languages like R or Python. It focuses on providing insights that extend beyond mere numerical data. By employing agile modeling techniques, businesses can develop models that enhance their decision-making processes. Additionally, probabilistic simulations within Analytica effectively and accurately gauge risk and uncertainty, while intelligent sensitivity analysis highlights the critical factors and their significance. Ultimately, this software empowers organizations to make informed decisions with confidence.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$137.57 one-time payment

Pricing Information

Pricing not provided
Free Version

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Banxia Software

Company Location

United Kingdom

Company Website

banxia.com/dexplore/

Company Facts

Organization Name

Lumina Decision Systems

Date Founded

1991

Company Location

United States

Company Website

analytica.com

Categories and Features

Decision Support

Not specified

Categories and Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Sensitivity Analysis
Version Control

Risk Management

Dashboard
Internal Controls Management
Risk Assessment

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Simulation
Time Series
Visualization

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