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Devart Excel Add-ins VS Risk Solver

Compare Devart Excel Add-ins VS Risk Solver 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 Solver logo Risk Solver

Risk Solver provides Instant, interactive risk analysis in Excel, with lightning-fast simulations...
  • 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 Solver Landing page
    Landing page //
    2022-06-13

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 Solver features and specs

  • Comprehensive Functionality
    Risk Solver offers a wide range of functionalities including optimization, simulation, decision trees, and sensitivity analysis, making it a comprehensive tool for risk analysis and decision-making.
  • Excel Integration
    Integrates seamlessly with Microsoft Excel, allowing users to leverage familiar interfaces and existing Excel data for analysis, which increases usability and accessibility.
  • User-Friendly
    Risk Solver is designed to be intuitive, even for those who are not data scientists, enabling users to create models and run simulations with minimal technical expertise.
  • High Performance
    Utilizes advanced algorithms that allow users to perform complex simulations and optimizations swiftly and efficiently, enhancing productivity.
  • Scalability
    Capable of handling models of varying sizes, from small spreadsheets to large business models, providing flexibility in usage across different project scales.

Possible disadvantages of Risk Solver

  • Cost
    Risk Solver can be expensive, especially for smaller businesses or individual users, which may limit accessibility for those with budget constraints.
  • Learning Curve
    Despite its user-friendly design, some users may experience a learning curve, especially those new to risk analysis or unfamiliar with advanced Excel functions.
  • Resource Intensive
    Complex models and large-scale simulations can be resource-intensive, potentially leading to slower performance on less powerful computers.
  • Excel Dependency
    Being heavily reliant on Excel, users might encounter limitations imposed by Excel itself, such as row or column constraints, impacting very large datasets.
  • Limited Standalone Capabilities
    The tool's capabilities are largely limited to being an add-in for Excel, which could be a disadvantage for users seeking standalone applications or platforms.

Devart Excel Add-ins videos

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Risk Solver videos

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Decision Tree Overview - Risk Solver Platform

Category Popularity

0-100% (relative to Devart Excel Add-ins and Risk Solver)

Devart Excel Add-ins

Risk Solver

Data Dashboard
63 63%
Data Dashboard
37% 37
Technical Computing
61 61%
Technical Computing
39% 39
Charting Libraries
100 100%
Charting Libraries
0% 0
Governance, Risk And Compliance
0 0%
Governance, Risk And Compliance
100% 100

User comments

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What are some alternatives?

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

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

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

@RISK - @RISK is the world's most widely used risk analysis tool.

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

Yasai - YASAI is an open-source Monte Carlo simulation add-in for Microsoft Excel

Business Functions - Business Functions is a function library for Microsoft Excel that's been around since 2002.

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