EViews
EViews provides sophisticated data analysis, regression, and forecasting tools within an object-oriented interface designed for economists, financial analysts, and researchers needing professional statistical modeling capabilities.
SPC for Excel
SPC for Excel is a specialized statistical process control software that integrates directly into Microsoft Excel to help you perform complex data analysis, create control charts, and improve processes.
Quick Comparison
| Feature | EViews | SPC for Excel |
|---|---|---|
| Website | eviews.com | spcforexcel.com |
| Pricing Model | One_time | One_time |
| Starting Price | $99/month | $99/month |
| FREE Trial | ✓ 30 days free trial | ✓ 20 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1994 | 2004 |
| Headquarters | Irvine, USA | Cypress, USA |
Overview
EViews
EViews offers a powerful interface for econometric analysis, forecasting, and simulation. You can manage your data, perform statistical analysis, and generate professional-quality graphs and tables within a single, integrated environment. The software is designed around an object-oriented concept, meaning you can work with data series, equations, and models as distinct entities that update automatically when your underlying data changes.
You can handle complex time-series data, panel data, and cross-sectional data with ease. Whether you are a student, an academic researcher, or a professional in the financial sector, you can use its specialized tools to build sophisticated models without needing to write extensive code. It bridges the gap between spreadsheet-like ease of use and the power of traditional programming languages.
SPC for Excel
SPC for Excel transforms your familiar spreadsheet environment into a powerful statistical analysis tool. You can stop toggling between different applications and perform all your Six Sigma, Lean, and quality control calculations directly within Excel. It simplifies the process of creating professional control charts, performing Pareto analysis, and conducting Gage R&R studies with just a few clicks.
You can easily identify process trends, monitor stability, and determine capability using automated tools that handle the underlying mathematics for you. Whether you are a quality engineer, a green belt, or a researcher, this software provides the statistical depth you need without the steep learning curve of standalone statistical packages. It is designed to help you make data-driven decisions quickly while keeping your data in its original Excel format.
Overview
EViews Features
- Object-Oriented Interface Manage your data as dynamic objects that automatically update your results and graphs whenever you change the source information.
- Advanced Time-Series Tools Estimate complex models including ARIMA, GARCH, and VAR to identify trends and volatility in your financial or economic data.
- Automated Forecasting Generate reliable forecasts using built-in procedures that select the best models for your specific data patterns automatically.
- Professional Graphing Create presentation-quality charts and tables with deep customization options to visualize your findings for reports or publications.
- Panel Data Analysis Analyze datasets that combine cross-sections and time periods using specialized estimators for fixed and random effects.
- External Data Linking Connect directly to external databases like Bloomberg, FRED, or Excel to keep your analysis synced with live market data.
SPC for Excel Features
- Control Charting. Create various control charts like Xbar-R and p-charts that update automatically as you add new data to your spreadsheet.
- Process Capability Analysis. Calculate Cpk and Ppk values instantly to determine if your processes meet customer specifications and quality requirements.
- Pareto Diagrams. Identify your biggest problem areas visually so you can focus your improvement efforts where they will have the most impact.
- Measurement Systems Analysis. Conduct full Gage R&R studies to ensure your measurement systems are accurate and reliable before making critical process changes.
- Distribution Fitting. Automatically test your data against multiple distributions to find the best fit for more accurate statistical modeling.
- Experimental Design. Set up and analyze Design of Experiments (DOE) to optimize your processes and discover key variable interactions.
Pricing Comparison
EViews Pricing
- Discounted for students and faculty
- Full econometrics toolset
- Standard data handling limits
- Available for Windows and Mac
- Valid for one year
- Perpetual ownership license
- Full statistical and graphing suite
- Unlimited data series capacity
- Access to EViews programming language
- Standard technical support
SPC for Excel Pricing
- One-time purchase price
- Full statistical toolset
- Permanent software use
- Free technical support
- Compatible with PC and Mac
- No monthly recurring fees
- Everything in License, plus:
- Lower upfront cost
- Automatic version updates
- Flexible yearly renewal
- Priority email support
- Ideal for short-term projects
Pros & Cons
EViews
Pros
- Intuitive interface for those moving from Excel
- Industry standard for time-series and econometric modeling
- Excellent documentation and active community support forums
- Fast processing of large statistical datasets
- High-quality output for academic journal submissions
Cons
- Steep price point for individual commercial users
- Mac version can feel less native than Windows
- Limited machine learning capabilities compared to R
SPC for Excel
Pros
- Integrates directly into the familiar Excel ribbon
- Very affordable compared to standalone statistical software
- Excellent customer support and educational resources
- Automated chart updates save significant manual time
Cons
- Interface looks dated compared to modern SaaS
- Requires Microsoft Excel to be installed
- Mac version has some feature limitations
- Limited collaborative features for large teams