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Analytica description
Analytica is a visual software tool that helps businesses make better decisions. Unlike traditional spreadsheets, Analytica allows you to build models that are easier to understand and less prone to errors. It uses visual diagrams to represent decisions, uncertainties, and their potential outcomes. You can use it to analyze risks, explore different scenarios, and optimize strategies. Analytica is designed for analysts and managers who need to make complex decisions involving multiple factors and uncertainties. It integrates with Excel and databases and does not require coding experience.
Who is Analytica best for
Analytica is a visual software tool designed for analysts and managers in small to medium-sized businesses (SMBs) who need to make complex decisions. Users praise its visual interface and intelligent arrays for data manipulation, but some find the UI dated and debugging cumbersome. Its strength lies in simplifying complex decisions through visual models, particularly valuable for the software, IT, and telecommunications sectors.
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Best fit for small to medium-sized businesses (SMBs) in the software, IT, and telecommunications industries.
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Ideal for software, IT, and telecommunications companies.
Analytica features
| Supported Analytica supports Monte Carlo simulations for estimating probabilities using random inputs. |
| Supported Analytica supports importing data from Excel spreadsheets using built-in functions. |
| Supported Analytica offers a drag-and-drop interface for building simulation models visually using influence diagrams. |
| Supported Analytica supports scenario analysis through features like Monte Carlo simulation and sensitivity analysis. |
| Supported Analytica supports connecting to external databases using ODBC and SQL. |
| Supported Analytica supports parameter optimization for decision models. |
| Supported Analytica supports reporting, analytics, dashboards, and modern visualizations. |
Analytica reviews
- Visual interface for clear model structure and logic.
- Intelligent arrays for easy multidimensional data manipulation.
- User-defined functions for team collaboration.
- Efficient Monte Carlo simulation with quasi-Monte Carlo methods.
- Robust Metalog distribution implementation.
- Dated user interface needs a refresh.
- Kludgy debugging with trace logs; interactive debugging would be better.
- Minor UI issues impacting readability.
- Limited customization for tables.
- Overlapping windows can be cumbersome.
Analytica pricing
The commentary is based on 3 reviews from Analytica G2 reviews.
Analytica's pricing is considered high by some users, especially regarding the optimization features requiring a more expensive version. However, many find the platform's value justifies the cost, citing its powerful analytics and data visualization capabilities.
See the Analytica pricing page.
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Analytica has a free plan.
Professional
The standard version of Analytica, with full model creation functions.
Enterprise
Supports ODBC database access, huge arrays, protection, time profiling and more.
Optimizer
Includes a powerful, general purpose solver and optimizer for linear, mixed integer and nonlinear programs.
ACP Basic Group Plan
Analytica Cloud Platform (ACP) Basic Group Plan subscription for 12 months.
Analytica Cloud Platform (ACP) credits
Purchase 100 extra ACP session credits, for paid Analytica editions only.
ACP Premium Group Plan
Analytica Cloud Platform (ACP) Premium Group Plan subscription for 12 months.
Quickstart consulting
A 4-hour quickstart package of consulting support conducted via email, telephone, and web conference. Valid for use at any time during the 12 months following purchase.
Training
Four-half day training course sessions.
Analytica Decision Engine (ADE)
ADE lets you run models on a server, and access them via the Web. Requires Enterprise to build models.
Analytica Decision Engine (ADE) with Optimizer
ADE with Optimizer requires Optimizer.
Analytica Cloud Platform (ACP) Server
Install ACP on your own dedicated server for unlimited users
Analytica alternatives
SAS ViyaBetter fit for enterprise companies. Has stronger momentum. Offers more comprehensive data management and machine learning features. More suitable for users comfortable with code and complex setups.Read more
SAP LumiraBetter fit for enterprise companies. Focuses on data visualization and interactive dashboards, unlike Analytica's strength in complex simulations. Easier to use, though less powerful for advanced modeling. Lacks some integration and export options. More widely reviewed, though average user ratings are slightly lower.Read more
Epsilon3Better for enterprise companies. Geared towards streamlining operations with digital workflows, real-time collaboration, and version control. Is growing faster.Read more
TableauBetter for enterprise companies and more industries. Has a larger community and is growing faster. More user-friendly, but more expensive with lower value transparency. Lacks some advanced modeling features like Monte Carlo simulation and parameter optimization. Analytica alternative; Tableau competitor.Read more
Microsoft ExcelBetter for established companies needing traditional spreadsheet software. Wider industry applicability. Has significantly more momentum than Analytica, an Analytica competitor. Simpler interface for basic tasks, but less suited for complex modeling and simulations. Handles large datasets less effectively.Read more
TinesBetter for automating repetitive tasks without coding. More suitable for enterprise companies. Has faster website traffic and employee growth. Stronger customer support and easier to use, though some users mention occasional freezing and limited change management features. Analytica alternative; Tines competitor.Read more
Analytica FAQ
What is Analytica and what does Analytica do?
Analytica is a visual software platform for building and analyzing quantitative decision models. Using influence diagrams, Monte Carlo simulations, and optimization algorithms, Analytica helps businesses analyze risk, explore uncertainties, and optimize strategies for better decision-making. It's designed for analysts and managers dealing with complex decisions.
How does Analytica integrate with other tools?
Analytica integrates with Excel and databases using built-in functions and ODBC/SQL connections respectively. This allows for seamless data transfer and analysis between platforms. It also offers an API.
What the main competitors of Analytica?
Alternatives to Analytica include SAS Viya, SAP Lumira, Tableau, and Microsoft Excel. These data analysis and visualization tools offer similar functionalities, such as building models, creating reports, and supporting decision-making. Some alternatives also provide more advanced features like machine learning and AI capabilities.
Is Analytica legit?
Analytica is a legitimate software tool for visual modeling and decision analysis. User reviews highlight its visual interface and intelligent arrays but mention a dated UI. G2 gives it a 4.8/5 rating, suggesting it is safe and reliable for its intended purpose. Consider exploring alternatives like SAS Viya or Tableau if its UI/UX is a concern.
How much does Analytica cost?
Analytica's Professional edition is priced at $1,000-$2,500, while the Enterprise edition costs between $2,000 and $5,000. The Optimizer edition ranges from $4,000 to $10,000. They also offer add-ons like ODBC database access and ACP session credits. Contact Analytica for custom pricing or further details.
Is Analytica customer service good?
Customer reviews highlight Analytica's excellent and responsive technical support team. Users appreciate the easy configuration and helpful customer support. Although pricing may be a concern for some, the overall sentiment towards customer service is positive.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.