Lotus Improv

Lotus Improv

Lotus Improv is a spreadsheet software program focused on business modeling, simulations, and analysis. It uses an object-oriented approach and includes features for visual programming, scenario analysis, and dynamic visualization.
Lotus Improv image
business-modeling simulations analysis objectoriented visual-programming scenario-analysis dynamic-visualization

Lotus Improv: Business Modeling & Simulation Softwares

Lotus Improv is a spreadsheet software program focused on business modeling, simulations, and analysis. It uses an object-oriented approach and includes features for visual programming, scenario analysis, and dynamic visualization.

What is Lotus Improv?

Lotus Improv is a discontinued spreadsheet software application originally produced by Lotus Development. It was first released in 1991 for Windows and used an object-oriented approach to spreadsheets to facilitate business modeling, analysis, and planning.

Some key features of Lotus Improv:

  • Visual programming - It allowed users to create custom business applications and models using a flowchart interface and object-oriented building blocks without programming.
  • Scenarios and simulations - Users could set up multiple what-if scenarios to model business situations. Improv would then run simulations using Monte Carlo algorithms to show possible outcomes.
  • Dynamic charts and graphs - Charts were dynamically linked to the underlying data, automatically updating as modifications were made to the models.
  • Data-driven operation - Rather than formula-based like traditional spreadsheets, Improv focused more on visualizing and manipulating objects and data.
  • Integration with other Lotus products - It could exchange data with Lotus 1-2-3 and access data from Lotus Notes databases.

Though innovative for its time, Lotus Improv was not a significant commercial success. It was overshadowed by competitors like Microsoft Excel and discontinued in the late 1990s with limited uptake compared to traditional spreadsheets.

Lotus Improv Features

Features

  1. Object-oriented spreadsheet for modeling and analysis
  2. Visual programming capabilities
  3. Scenario analysis tools
  4. Business modeling features
  5. Dynamic data visualization
  6. Simulation functions
  7. Cubes and dimensions for multi-dimensional data analysis

Pricing

  • One-time Purchase
  • Subscription-Based

Pros

Powerful analytical and modeling features

Visual and interactive interface

Easy to build models and simulations

Good for complex and large data sets

Integrates well with other Lotus products

Cons

Steep learning curve

Expensive licensing model

Limited adoption and third-party support

Requires specific hardware and OS configurations

Not as user-friendly as traditional spreadsheets


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