Intel Parallel Studio XE was a software development product developed by Intel that facilitated native code development on Windows, macOS and Linux in C++ and Fortran for parallel computing. Parallel programming enables software programs to take advantage of multi-core processors from Intel and other processor vendors.

Intel Parallel Studio XE was rebranded and repackaged by Intel when oneAPI toolkits were released in December 2020. Intel oneAPI Base Toolkit + Intel oneAPI HPC toolkit contain all the tools in Parallel Studio XE and more. One significant addition is a Data Parallel C++ (DPC++) compiler designed to allow developers to reuse code across hardware targets (CPUs and accelerators such as GPUs and FPGAs).

Parallel Studio is composed of several component parts, each of which is a collection of capabilities.

Intel announced Parallel Studio during their Intel Developer Forum in August 2008 along with a web site to sign up for their open beta program. On 26 May 2009, Intel announced that it had released the product to market. Intel and Microsoft worked together to make their products compatible by adopting a common runtime called the Microsoft Concurrency Runtime, which is part of Visual Studio 2010.

Intel released a new version, Intel Parallel Studio 2011, on September 2, 2010.

Intel released Intel Parallel Studio XE 2013, on September 5, 2012.

Intel released Intel Parallel Studio XE 2015, on August 26, 2014.

Intel released Intel Parallel Studio XE 2016, on August 25, 2015.