Frontline Systems Inc.
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Overview
Easily perform risk analysis using Monte Carlo simulation in your spreadsheet. Go beyond what-if to see the full range of outcomes.
Use Risk Solver Add-on from Frontline Systems to perform risk analysis using Monte Carlo simulation in your spreadsheet.  This Add-on includes key features from Frontline Systems' Risk Solver Pro add-in for Microsoft Excel.

-- Point and click to insert probability distributions into cells representing uncertain inputs in your model, and set their parameters.
-- Choose from 30 different continuous distribution, from Beta to Weibull, and 8 discrete distributions, from Bernoulli to Poisson. 
-- Point and click to mark cells computing results that you want to monitor during the simulation.

Click to run and in a few seconds, you'll have results from 1,000 Monte Carlo trials, with charts and statistics:

-- Frequency histograms
-- Sensitivity (tornado) charts
-- Scatter plots
-- Summary statistics such as mean and standard deviation
-- Percentiles

Copy statistics and percentiles into a worksheet cell range with one click.  You can even step through the Monte Carlo trials and see each result calculated on your worksheet.

Risk Solver Add-on helps you go beyond what-if analysis to perform realistic risk analysis.  Move from simple average-best-worst case analysis to see the full range of possible outcomes, and quantify your downside risk and upside potential.  For applications in pharmaceuticals, oil and gas, finance and insurance, and manufacturing quality control, this type of risk analysis is essential.
 
This free Add-on supports up to 24 uncertain inputs and 12 uncertain outputs, and 1,000 Monte Carlo trials.  Simulations are performed on Frontline's backend Solver Server, running on Windows Azure. This server has a finite capacity, as currently provisioned (and paid for) by Frontline Systems, so at times there can be delays. To run simulations with more (even thousands of) uncertain inputs and outputs, and more (even hundreds of thousands of) Monte Carlo trials, please contact Frontline Systems about using Risk Solver Add-on with Risk Solver Pro.
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A User of Risk Solver
February 21, 2020
It's great, and a good stand in for @Risk. I'd like to see a licensing model around how to use more of this specifically in Sheets.
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A User of Risk Solver
April 1, 2018
Has some extreme privileges but is needed due to calculations being done remotely. Unfortunately even the example spreadsheet stops updating after a few runs. So after setting all your relationships up, you'll be lucky if you can even run it. It also does not appear to allow statistics of the random variables to be written to cells.
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A User of Risk Solver
March 3, 2018
ATTENTION: Be careful about this add-on privacy settings. Asking for the right to access, edit and delete all my files from all my drive appears utterly necessary.
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Matthew Brondum
October 23, 2018
Totally agree with the concerns over the privacy settings. My guess is that they need this in order to run the simulations.
A user of Risk Solver
July 18, 2018
My thoughts exactly! I ended up not adding it because of these privacy settings.
A User of Risk Solver
November 4, 2014
Very nice user interface!
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A User of Risk Solver
November 4, 2014
great easy to use app!
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A User of Risk Solver
November 3, 2014
Very easy to use.
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