1000Minds

1000Minds decision-making software is for prioritization, group decision-making, conjoint analysis and maximizing value for money. 1000Minds helps businesses make better decisions, saving time and money, improving business performance and maximizing value from investments.

1000Minds decision-making software (web-based) helps you make well-informed, rational decisions. The decision models are fast and transparent.1000Minds helps organisations prioritize alternatives or individuals (eg. patients for treatment) in a consistent, fair and defensible manner.Three elements are fundamental to most 1000Minds applications: Alternatives (or individuals) being considered by decision-makers, Criteria by which the alternatives are compared and Weights representing the relative importance of the criteria.

1000Minds applies our patented PAPRIKA method, which, as well as being scientifically valid, is very user-friendly and scaleable. What used to take months (or even years) can be done in minutes or hours using 1000Minds. Depending on your application, decision-making processes typically include several stages and feedback loops. 1000Minds is especially useful at the “Model building” and “Challenging thinking” stages.

Examples of applications include (and see prioritization, value for money and conjoint analysis): Ranking business projects and investments, Selecting supplier proposals from a procurement tender or RFP, Short-listing candidates for a job and Choosing a new home to buy or rent.

You may like to read: Top Conjoint Analysis Software and Why Small Businesses Need Business Intelligence Software