Minitab Introduces New Monte Carlo Simulation Software for Process Improvement

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Web-based application simplifies Monte Carlo simulation and helps engineers determine the best strategy for process improvement.

Devize is a new cloud-based Monte Carlo simulation product geared toward engineers and designed to guide them through the entire simulation and optimization process.

Devize is a new cloud-based Monte Carlo simulation product geared toward engineers and designed to guide them through the entire simulation and optimization process.

Other competitors offer sensitivity analysis but don’t produce the unique plot that Devize provides. -- Michelle Paret, product marketing manager

Minitab Inc. today released Devize, a new cloud-based Monte Carlo simulation product geared toward engineers and designed to guide them through the entire simulation and optimization process.

The Devize workflow allows users to easily simulate possible outcomes and offers clear, accessible results that are presented with straightforward explanations. The user is led through their analysis without any guesswork— recommended next steps are provided, making it easy to understand what adjustments are necessary to improve processes and reduce defects.

Devize includes parameter optimization to find the optimal settings for input variables, sensitivity analysis to help visualize how variability in the inputs affects the output, distribution identification to recommend a distribution that provides the best fit for your data, and simulation comparison to evaluate results side-by-side and demonstrate improvements.

“Other competitors offer sensitivity analysis but don’t produce the unique plot that Devize provides,” says Michelle Paret, product marketing manager. “Not only does our sensitivity analysis show you which factors have the biggest impact on the response, but this plot also quantifies that impact to help users identify the best course of action.”

Project sharing allows users to seamlessly share results with colleagues. The web-based application requires no installation and results are easily accessible from any desktop or mobile device.

“Our goal is to provide software that’s easy for our customers to use,” says Paret. “Devize is another example of that commitment.”

More information about Devize, including pricing and licensing and a free trial version, is available at minitab.com/devize.

About Minitab Inc.

Minitab Inc. is one of the world’s leading developers of statistical software. More than 4,000 colleges and universities use Minitab for teaching and research. Thousands of companies worldwide use Minitab software to analyze data for quality improvement programs.

Devize, the company’s newest product, provides engineers with a powerful Monte Carlo simulation tool.

The company’s other products include the following:

Minitab® 17, the leading software used for quality improvement and statistics education.

Minitab Express, is designed for teaching and learning introductory statistics and is available for both Mac and PC.

Quality Trainer by Minitab®, an e-learning course that teaches quality improvement statistics and how to use Minitab Statistical Software.

Qeystone®, a Project Portfolio Management platform designed to manage an organization’s entire Lean Six Sigma deployment.

Quality Companion by Minitab®, process improvement software for executing quality improvement projects.

Minitab’s products are backed by outstanding services, including training and free technical support.

Headquartered in State College, Pa., Minitab Inc. operates offices in the United Kingdom, France and Australia and has additional representatives throughout the world.

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Carly Barry
Minitab Inc.
+1 (814) 753-3918
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Eston Martz
Minitab Inc.
1-814-753-3270
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Minitab Inc.
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