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What is SigmaXL?

SigmaXL was designed from the outset to be a cost-effective, robust, and user-friendly tool that empowers users to assess, analyze, and enhance their service, transactional, and manufacturing operations. This versatile software can either be integrated as an add-in for Microsoft Excel or utilized for Lean Six Sigma training purposes. The latest version, 9, offers sophisticated features such as advanced control charts and time series forecasting. Among its many capabilities, SigmaXL provides automatic removal of extreme Variance Inflation Factor (VIF) and collinear terms, complete with an alias or removal report. Users can define interactions and quadratic orders, accommodating all interactions and up to three-way interactions. It also supports ANOVA Type I and/or III Sum-of-Squares, along with Pareto analysis of percent contributions and standardized effects. Additionally, it calculates Lenth Pseudo Standard Error in saturated models, both orthogonal and non-orthogonal, while offering options for Monte Carlo P-Values or Student T P values. Moreover, SigmaXL includes White robust standard errors to address non-constant variance, ensuring reliability in statistical analyses. With such a comprehensive suite of features, SigmaXL stands out as an essential tool for professionals aiming to optimize their processes effectively.

What is RiskAMP?

RiskAMP serves as an all-encompassing Monte Carlo simulation engine tailored for Microsoft Excel®, facilitating a seamless connection with the software's functionalities and interface. The RiskAMP Add-in equips users with a robust set of tools for embedding risk analysis into their spreadsheet models, making the process more efficient and budget-friendly compared to numerous alternatives. It boasts an intuitive integrated ribbon toolbar and includes VBA scripting support, with the added convenience of automatically producing charts and graphs. The introduction of RiskAMP 6 brings enhancements such as the PERT distribution for project and cost assessments, over 40 random distributions—some of which are correlated and multivariate—and the capability to automatically generate histogram and correlation charts. Additionally, the tool supports Latin Hypercube sampling, Las Vegas simulation techniques, and distribution fitting, while also being natively compatible with Windows on ARM architecture. RiskAMP caters to users of Excel versions from 2013 to 365, available in both 32-bit and 64-bit formats, and it also provides access to a web-based risk platform called RiskAMP Web. This wide-ranging compatibility ensures that many users can take advantage of enriched risk analysis features in their Excel applications while enhancing their decision-making processes.

Media

Media

Integrations Supported

Integrations Supported

Microsoft Excel

API Availability

API Availability

Pricing Information

$249.00/one-time/user

Pricing Information

$16.95 per month
Free Version

Supported Platforms

Windows
Mac

Supported Platforms

Windows

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

SigmaXL

Date Founded

1998

Company Location

Canada

Company Website

www.sigmaxl.com

Company Facts

Organization Name

RiskAMP

Date Founded

2005

Company Location

United States

Company Website

www.riskamp.com

Categories and Features

Data Analysis

Not specified

SPC

Corrective Actions (CAPA)
Performance Metrics

Statistical Analysis

Not specified

Categories and Features

Graphing

Not specified

Statistical Analysis

Not specified

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