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Devart Excel Add-ins VS @RISK

Compare Devart Excel Add-ins VS @RISK and see what are their differences

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Devart Excel Add-ins logo Devart Excel Add-ins

Devart Excel Add-ins allow you to connect Microsoft Excel to live database and cloud data and work with them as with usual Excel spreadsheets.

@RISK logo @RISK

@RISK is the world's most widely used risk analysis tool.
  • Devart Excel Add-ins Landing page
    Landing page //
    2023-04-14

Expand your Excel capabilities with Devart Excel Add-ins! Our Devart Excel Add-in Universal Pack allows you to manage data of more than 20 cloud applications and databases from Excel as easy as with usual Excel worksheets. Get all the Excel Add-ins together with a discount of over 80% in comparison to buying them separately!

If you need only Excel Add-ins for cloud apps, get Devart Excel Add-in Cloud Pack. And if you need only database data in Excel, order Devart Excel Add-in Database Pack.

  • @RISK Landing page
    Landing page //
    2023-10-17

Devart Excel Add-ins features and specs

  • Connect to Data Directly from Excel
  • Use Query Builder or SQL to Import Data You Need
  • Instantly Refresh Data Whenever You Need
  • Edit Cloud and Database Data Like Usual Excel Spreadsheets
  • Instant Data Validation

@RISK features and specs

  • Comprehensive Risk Analysis
    @RISK provides a detailed and comprehensive risk analysis by using Monte Carlo simulation, which allows users to understand the variability and uncertainty in their models.
  • Excel Integration
    @RISK is integrated directly with Microsoft Excel, making it intuitive for users who are familiar with Excel to build their models and perform risk analysis without needing to learn a new interface.
  • Scenario Analysis
    The software allows users to perform scenario and sensitivity analysis, enabling a deeper understanding of which variables have the greatest impact on their models.
  • Reporting and Visualization Tools
    It offers a variety of tools for reporting and data visualization, making it easy to present findings to stakeholders in a clear and impactful way.
  • Custom Distributions
    @RISK provides flexibility with custom distributions, allowing users to fit their data to a wide range of probability distributions.

Possible disadvantages of @RISK

  • Complexity for Beginners
    The software can be complex for beginners or those not familiar with statistical modeling and Monte Carlo simulations, potentially requiring significant time to learn effectively.
  • Cost
    @RISK can be expensive for individual users or small businesses, which might be a barrier compared to other simpler or free alternatives.
  • Excel Dependency
    Being a tool that works within Excel, its performance and capabilities are limited by the functionalities and limitations of Excel itself.
  • Resource Intensive
    Running large simulations can be resource-intensive, requiring significant processing power and potentially leading to performance issues on less powerful hardware.
  • Steep Learning Curve for Advanced Features
    While basic features might be easy to grasp, mastering the advanced features and functionalities of @RISK could require extensive training and experience.

Category Popularity

0-100% (relative to Devart Excel Add-ins and @RISK)

Devart Excel Add-ins

@RISK

Data Dashboard
58 58%
Data Dashboard
42% 42
Governance, Risk And Compliance
0 0%
Governance, Risk And Compliance
100% 100
Technical Computing
55 55%
Technical Computing
45% 45
Security & Privacy
0 0%
Security & Privacy
100% 100

User comments

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What are some alternatives?

When comparing Devart Excel Add-ins and @RISK, you can also consider the following products

Kutools for Excel - A handy Microsoft Excel add-ins collection to free you from time-consuming operations.

SAI360 - GRC Platforms

ASAP Utilities - ASAP Utilities is a powerful Excel add-in that fills the gaps in Excel.

Oracle Risk Management Cloud - Oracle Risk Management helps to document risks and enforce controls as an integral part of your ERP Cloud deployment

Invantive Control for Excel - Invantive Control enables you to make decisions with Microsoft Excel and yet remain fully compliant...

Aptible - Aptible is a secure, private cloud deployment platform built to automate HIPAA compliance.

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