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What is MCM Alchimia?

The latest iteration of the free software MCM Alchimia has been developed to improve the estimation of measurement uncertainty and calibrations through the Monte Carlo technique, aligning with JCGM 101 standards. This update introduces a detailed GUM framework uncertainty budget while continuing to support correlated variables and regression curves, as seen in prior versions. Moreover, it features speed enhancements that compete with established calculation and statistics software. Users now have the ability to conduct simulations utilizing direct, inverse, and total least squares methods, providing a range of analytical options. In addition, a custom application language is offered via an external module, allowing users to create specific functionalities tailored to their needs. The output report includes an extensive statistical analysis of the conducted simulations, ensuring users receive comprehensive insights into their findings. This release not only boosts the usability of the application but also significantly increases its efficiency, making it a valuable tool for professionals in various fields. Ultimately, the enhancements in this version position MCM Alchimia as a leading choice for those seeking reliable measurement uncertainty solutions.

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

Pricing not provided
Free Version

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Alchimia Software

Company Location

Uruguay

Company Website

www.mcm-alchimia.com

Company Facts

Organization Name

Lumina Decision Systems

Date Founded

1991

Company Location

United States

Company Website

analytica.com

Categories and Features

Statistical Analysis

Compliance Tracking
Multivariate Analysis
Regression Analysis
Statistical Simulation

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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