Tools to Go from Predictions to Money‑Saving Decisions
Wins for Your Whole Team: Analysts, Developers, Managers
- Tools for Analysts
- Tools for Developers
- Tools for Managers
Tools for Analysts
Want to learn and use data science (predictive analytics) and/or management science (prescriptive analytics)? Use our powerful Excel based tools, RASON modeling language, and our learning resources to get results quickly.
You can even work directly with a developer in your company who doesn't use Excel. Analytic models in our RASON modeling language or in Excel run directly in our SDKs and REST API.Learn More
Tools for Developers
Want to learn and use data science (predictive analytics) and/or management science (prescriptive analytics)? Use our powerful SDKs from your favorite programming language, and our learning resources to get results quickly.
You can even work directly with a business analyst in your company who uses Excel. Analytic models in our RASON modeling language or in Excel run directly in our SDKs and REST API.Learn More
Tools for Managers
Want to get results from analytics in months, not years? That's what we do best. Use our powerful software tools and training to get quick wins on your first projects, while you grow analytics expertise in the people you have.
Enable business analysts and developers to work together, to quickly move a project from a prototype (easier in Excel) to production in a server or cloud based application.Learn More
Start Your Journey from Business Analyst Pro to Analytics Ninja:
Tutorials - Videos - Webinars - Online Courses for You and Your Team
- Optimization Tutorial
- Simulation/Risk Analysis
- Data Mining Tutorial
Solvers, or optimizers, are software tools that help users determine the best way to allocate scarce resources. Examples include allocating money to investments, or locating new warehouse facilities, or scheduling hospital operating rooms. In each case, multiple decisions need to be made in the best possible way while simultaneously satisfying a number of requirements (or constraints). The "best" or optimal solution might mean maximizing profits, minimizing costs, or achieving the best possible quality. Here are some representative examples of optimization problems:
Finance/Investment: Cash management, capital budgeting, portfolio optimization.
Manufacturing: Job shop scheduling, blending, cutting stock problems.
Distribution and Networks: Routing, truck loading, fleet scheduling.
Simulation/Risk Analysis Tutorial
Quantitative risk analysis is the practice of creating a mathematical model of a project or process that explicitly includes uncertain parameters that we cannot control, and also decision variables that we can control. Monte Carlo simulation explores thousands of possible scenarios, and calculates the impact of the uncertain parameters and the decisions we make on outcomes that we care about -- such as profit and loss, investment returns, environmental results and more. Industries where simulation and risk analysis are heavily used include:
Pharmaceuticals: Modeling R&D and clinical trials
Oil & Gas: Modeling drilling projects
Insurance: Modeling frequency and types of claims
Hear what some of our customers are saying
The Premium Solver Platform with Xpress Solver engine has been a huge asset to us. We have been able to utilize the solver’s capability to run extremely complex models of our distribution network uncovering large savings; our first project uncovered nearly $1MM in savings.
Kraft Foods, Inc. USA
...Then I discovered Solver and all the stuff I had done before after months of programming and sweat was there at my fingertips. The package seemed to go way beyond my wildest dreams. And all the other little extra bits were there as well at the click of a button - non-negative and integer coefficients, constraints, and some other bits I have yet to use. And the thing just works! ...
Senior Scientist, Plant and Food Research Co, New Zealand
The Frontline Premium Solver was very helpful in solving a large water reuse optimization problem for one of our manufacturing plant. It was also very easy to integrate with Excel.
Aditya Birla Science and Technology, India