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Palisade DecisionTools Suite 8

We’re the difference between taking a guess and taking control. At Palisade, we turn the art of decision-making into a science that works for you.

In 1980, founder Sam McLafferty developed his own Monte Carlo simulator on an Apple II with a built-in modeling language. This innovation sowed the seeds for the Palisade’s genesis in 1984, right out of Sam’s basement. The first product was PRISM, a stand-alone Monte Carlo tool for the IBM PC.

From thereon, Palisade continued to steadily grow, developing its first @RISK software in 1987 for Lotus 1-2-3 for DOS. @RISK continues to be our flagship product today. The DecisionTools Suite followed, giving users a full set of integrated programs for risk analysis and decision making. The Suite was an immediate hit for academics, and has seen steady commercial adoption ever since.

Throughout the decades, Palisade has never stopped innovating. And while our technologies have changed with the times, our core values have stayed the same: to provide world-class risk solutions and customer service, giving analysts and decision-makers the tools to make the best decisions possible.

Our innovative software solutions create usable insights from uncertain situations. As the leading provider of risk and decision analysis software for three decades, Palisade enables companies and organizations to evaluate risk at any level and decide what step comes next.

With offices around the world, Palisade offers a truly global presence. We are proud of our global team, and our ability to offer sales and technical support for Palisade software. Learn more about our Management Team

And, with hundreds of thousands of decision makers using our products at top research universities and Fortune 500 companies, Palisade has a diverse client base that spans a broad range of industries and organizations.

Our flagship tools, @RISK and the DecisionTools Suite, bring powerful new analytics to Microsoft Excel and Project. By harnessing the power of Monte Carlo simulation, decision trees, optimization, and other techniques, Palisade’s products enable users to fully understand risks and make better decisions.

Palisade also offers personalized risk solutions, allowing for customized software applications that integrate @RISK and other Palisade technology with your organization’s models. Along with our cutting-edge software solutions, Palisade provides business consulting, model-building services, and on-site training designed around your organization’s specific needs and goals.

The DecisionTools Suite 8

The DecisionTools Suite = The complete risk and decision analysis toolkit, including @RISK, PrecisionTree, TopRank, NeuralTools, StatTools, Evolver, RISKOptimizer.

DecisionTools for Risk, Decision, & Data Analysis

No matter what industry you're in, the DecisionTools Suite can help you make decisions with confidence. Take guesswork out of big decisions, and plan strategies with confidence. With the DecisionTools Suite, you can assess risk and optimize decisions – right in your Excel spreadsheet.

How The DecisionTools Suite Is Used

The DecisionTools Suite enables endless applications, including these in :

  • Cash Flow & Financial Analysis
  • Multi-stage Decision Modeling
  • Portfolio Optimization & Resource Allocation
  • Enterprise Risk Management


The DecisionTools Suite is an integrated set of programs for risk analysis and decision making under uncertainty. DecisionTools Suite software integrates seamlessly with Microsoft Excel, and includes:


Risk Analysis with Monte Carlo Simulation



Optimization Under Uncertainty



Decision Trees



Sensitivity Analysis



Statistics & Forecasting



Predictive Neural Networks



Sophisticated Optimization

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