TopRank

Vendor

Palisade

Company Overview

Founded in 1985, Palisade Corp. provides decision and risk analysis software to more than 150,000 users in more than 100 countries. After the success of its first product, Palisade developed several other risk analysis and decision support software solutions -- PrecisionTree, TopRank, StatTools, NeuralTools and Evolver -- which along with @RISK are bundled in the DecisionTools Suite. The latest version of all the products is v5.0.

 

Features of DecisionTools include tight integration with Microsoft Excel, parallel processing, bundle pricing and distribution viewing and fitting, the vendor said. Palisade's risk analysis software can be used in a variety of industries -- finance and securities; insurance and reinsurance; oil, gas, and energy; Six Sigma and quality analysis; pharmaceuticals; medical and healthcare; environment; government and defense; aerospace and transportation, and manufacturing.

 

Ithaca, NY

Web: palisade.com

TopRank

TopRank has an automated "what if" analysis that works with Microsoft Excel to allow users to define output cells; TopRank can then automatically find and vary all the input cells that could affect your entered output, said the vendor. TopRank improves the accuracy of @RISK analysis software by narrowing down the focus of large models before running @RISK. When run with PrecisionTree, meanwhile, TopRank can identify the most critical factors in large and complex tree models, the vendor said.

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