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Crystal Ball Reviews & Product Details

Crystal Ball Overview

What is Crystal Ball?

Oracle Crystal Ball is the leading spreadsheet-based application for predictive modeling, forecasting, simulation, and optimization.

Crystal Ball Details
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Product Description

Oracle Crystal Ball is the leading spreadsheet-based application for predictive modeling, forecasting, simulation, and optimization.


Seller Details
Seller
Oracle
Year Founded
1977
HQ Location
Austin, TX
Twitter
@Oracle
824,405 Twitter followers
LinkedIn® Page
www.linkedin.com
199,405 employees on LinkedIn®
Ownership
NYSE:ORCL
Phone
+1 (650) 506-7000
Total Revenue (USD mm)
$39,068
Description

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems.

Recent Crystal Ball Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
3.5 out of 5
"Crystal Ball Review"
User interface very friendly, ease of use is important for continued use (not dropping the software for another alternative),
Verified User
U
Verified UserEnterprise (> 1000 emp.)
3.0 out of 5
"User-friendly forecasting"
The formatted reports and output are easy to read and interpret.
Pramod K.
PK
Pramod K.Mid-Market (51-1000 emp.)
4.5 out of 5
"One of the best optimisation tool"
Crystal Ball is easy to integrate with excel, it make this very easy to use
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Crystal Ball Media

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20 Crystal Ball Reviews

4.3 out of 5
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20 Crystal Ball Reviews
4.3 out of 5
20 Crystal Ball Reviews
4.3 out of 5

Overall Review Sentiment for Crystal BallQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Oil & Energy
UO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Crystal Ball?

User interface very friendly, ease of use is important for continued use (not dropping the software for another alternative), Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

Would like the ability to display more uncertainty data. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

Reserves estimates. Understanding between input data and how this affects results distributions Review collected by and hosted on G2.com.

Raiyan J.
RJ
Management Trainee Officer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Crystal Ball?

Hands down, the user friendliness of the software. In our MBA program, we are given 20 business cases to be solved and interpret with the help of Oracle Crystal Ball software. Unfortunate part was out instructor did not even give a hint on how to use this software. But after installing it, and using it for 2-3 days, it became very simple for us to use by our self! Within 1 week, we somewhat became expert in using the suite. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

Throughout the usage, I have not realized any ground breaking issue with Crystal Ball. But however, occasional crashes in middle of simulation process, even though very rare, are very much disappointing. Another problem I faced was that the add-ins from the excel would sometime disappear even though I have customized settings to open Crystal Ball every time I open excel. I was particularly annoying when middle of the case presentation, we were suppose to run the simulation and interpret the data to the audiences. Costed the valuable time of the audiences in that process. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

The software is very user friendly. I think it is mandatory for Finance graduates to have a great deal of idea about simulation and scenario analysis and Crystal Ball can easily be used to perform those tasks. It helps in interpreting financial models in more confidence manner. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

Mainly business cases. When building a financial model, so many assumptions are made. In real world, those assumptions do not match the expectations in precise manner. So, we have to have a range within which the value will fall based upon the volatility of our assumptions and thus, we can provide recommendations to approach the business problem. Crystal Ball helps in determining the range through simulating thousands of scenario simulations. As a result, we can easily interpret the result to the audiences. Another time I used crystal Ball 5 months ago in evaluating a start up model. The plan was to provide our confidence, and range within which the angel investors will get value investing in the start up. Crystal Ball proved to be very efficient in convincing them. People trust statements backed by numbers. Review collected by and hosted on G2.com.

Verified User in Higher Education
UH
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
What do you like best about Crystal Ball?

The formatted reports and output are easy to read and interpret. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

The Excel add-in is prone to occasional crashes on my laptop, and the add-in occasionally has to be re-installed, especially after version updates. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

It's helpful forecasting probabilistic events. There's a steep learning curve to understand what you're doing, but the software itself is very easy to use and interpret Review collected by and hosted on G2.com.

Andreus V.
AV
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Crystal Ball?

It is very easy to dock with Microsoft Excel and its options are very useful to make risk analysis and predictions in any numerical data set that you have in a simple table. Unlike other risk analysis and forecasting programs, with Crystal Ball you don't have to learn unknown formats or special modeling languages. This tool has a wide variety of options that could be applied in different business areas, especially in engineering projects, obtaining reliable results widely accepted worldwide. The predefined reports that show either in the input data as they originate as a result of the simulation itself. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

Although it is a very complete complement, for many the learning curve is a bit steep. However, once you manage to overcome that barrier or have the right training, it will be a very valuable tool. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

Very useful to perform risk analysis of any data set you have in Microsoft Excel or SPSS. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

With this tool we have been able to carry out better analysis of evaluations and specify better projections to estimate many behaviors of various variables inherent to each project. It is a tool that has helped us in the maintenance department to carry out predictive maintenance procedures for many of the critical and essential equipment in the production plant. Review collected by and hosted on G2.com.

Ankush R.
AR
Data Engineer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Crystal Ball?

It's easy to use, like Excel! Also the functionality can easily be learnt by anyone. You just need to apply your algorithms in it. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

As it is the one of the best software for simulations, the Price is the only factor. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

It's one of the best software for simulation. Also an easy to use UI. It can help your projects to ho in the right direction if used correctly wnd consistently. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

With Crystal Ball, I had done Monte Carlo simulation for the organisation which helped us in the different projects. Review collected by and hosted on G2.com.

Sofia G.
SG
WW Menswear Merchandising Intern
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Crystal Ball?

I liked its ease of use. Also it was very easy to download and install on my laptop. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

The free time is only up to 14 days whether you start using it or not. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

Trust the tool as it is really useful and easy to use. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

I used it in a project management class during my senior year. It was meant to help me calculate a Monte Carlo simulation to ponder risks and adjust cost expectation. Review collected by and hosted on G2.com.

Sri Lakshmi Swetha V.
SV
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
What do you like best about Crystal Ball?

The data visualization and the provision of charts, tables, graphs etc. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

Nothing as such. Every tool I found is useful. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

This is a very useful application for mechanical engineers mainly who are dealing with SCM, Design, Simulation Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

I used it for design and simulation as a part of my project. It helped me in visualisation of uncertainties. Review collected by and hosted on G2.com.

Pramod K.
PK
Staff Engineer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Crystal Ball?

Crystal Ball is easy to integrate with excel, it make this very easy to use Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

It can have assistant guide for new people to suggest best way to utilise all its functionalities. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

Some of the design optimisation problems for aircraft engine component design. Optimised designs & with design boundaries found to be very useful Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
II
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Crystal Ball?

Crystal makes to have an what if analysis with wide range of confidence intervals along with chart view. This part is really useful to get to know the prediction in better. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

I don't see any dissatisfaction factor in Crystal Ball to my knowledge. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

I would recommend to use Crystal Ball if you have to really to do a proper prediction analysis with different set of factors in it to improve the business. Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

I am trying to predict the metrics like productivity and Defect Removal efficiency which will benefits both organisation and customer. Review collected by and hosted on G2.com.

Verified User in Research
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Crystal Ball?

I thought the interface was very intuitive. It was very easy to choose different distributions and customize them. Very easy to get results and they come in easy to read displays. Review collected by and hosted on G2.com.

What do you dislike about Crystal Ball?

Unfortunately, the tough part about crystal ball is that it is expensive. There should be a way to use this program or at least some of its basic components for free or at a significantly reduced price. Review collected by and hosted on G2.com.

Recommendations to others considering Crystal Ball:

If you want easy interface, this is your program Review collected by and hosted on G2.com.

What problems is Crystal Ball solving and how is that benefiting you?

Tried to solve different optimization problems and run scenario analysis for future expected probabilities. Review collected by and hosted on G2.com.