When I had my cycle shop, I had software for a computer dyno. It allowed you to change cams, compression ratios, venture sizes on carbs, gearing etc. It kind of got you in the ballpark, but not really close to what a real dyno would tell. The good part of it was that you could make changes, such as cams, carbs, exhaust, comp/ratios, and see what differences each made. It would at least let you know which way to go for what you were wanting.
On my m/c, it showed about 8 to 10 hp more than the bike was making on a real dyno. I was more concerned with torque than hp. It did help me in making my cam choice on the first attempt, along with the pistons, and valve sizes.
Lee