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Palisade DecisionTools Suite 7

We’re the difference between taking a guess and taking control. At Palisade, we turn the art of decision-making into a science that works for you.

Our innovative software solutions create usable insights from uncertain situations. As the leading provider of risk and decision analysis software for three decades, Palisade enables companies and organizations to evaluate risk at any level and decide what step comes next.

With offices around the world, Palisade offers a truly global presence. And, with over 150,000 decision makers using our products at top research universities and Fortune 500 companies, Palisade has a diverse client base that spans a broad range of industries and organizations.

Founded in 1984, Palisade is proud to celebrate its 30th year helping professionals make better decisions. From humble beginnings in our founder’s basement, to establishment as an internationally recognized industry leader, Palisade Corporation continues to focus on our core values: providing user-friendly analytical tools that enable decision-makers in any industry to choose the best approach.

New DecisionTools Suite 7.0 offers a range of improvements for any decision maker, from general use enhancements to new, specialized analytical features. Plus, in the biggest change of all, a new member has been added to the DecisionTools Suite family:BigPicture, Palisade’s new five star reviewed mind-mapping and data exploration tool, joins the full Suite!

Key Analytical Features

Efficient Frontier Analysis – Especially useful in financial analysis, Efficient Frontiers determine the optimal return that can be expected from a portfolio at a given level of risk. This is a common application of optimization and is included with Evolver.

Copulas – Also useful in the financial community, copulas provide sophisticated methods for correlating uncertain @RISK variables that give the user more control over the correlation pattern.

@RISK Data Viewer – Allows you to display any spreadsheet data using all @RISK charts and graphing options. This is available not only in @RISK, but inNeuralTools as well.

Easily Share @RISK Models with Non-@RISK Users – Now you can graphically share input distributions and simulation results with those who do not have @RISK installed on their computers. They can simply open your workbook and see @RISK graphs attached to the cells they describe. No special viewer required! These Thumbnail Graphs can also be used in @RISK to quickly preview graphs right in your model.

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Efficient Frontier
Calculation of the efficient frontier in @RISK.

ClaytonCopula@RISK7
A Clayton copula, one of many new copula correlation patterns possible in @RISK 7.

 

Download Trial Version of BigPicture

Addition of BigPicture – Palisade’s new five star reviewed mind-mapping, diagramming, and data exploration add-in brings a visual dimension to any decision process. Strategic planning, data analysis, and human resources org charts are just a few of the limitless applications of this powerful new tool.

Integration of PrecisionTree with BigPicture  PrecisionTree now has the ability to export quantitative decision tree models directly to BigPicture, turning them into stunning visual maps that can be shared with any Excel user. With this capability, collaborative decision-making just got much easier, bridging the gap between quantitative probabilistic analysis and expert discussion.


A decision tree imported from PrecisionTree to BigPicture, with an optimal path highlighted.

Other Important Features

Customized Excel Reports – New custom Excel reports in @RISK enable you to create exactly the simulation results reports you want directly in Excel, automatically formatted for optimal viewing.

Auto-Updating – All DecisionTools Suite 7 users can choose to receive automatic notification of updates from within the software, with a one-click installation system.

New StatTools Analyses – Cluster analysis, principal component analysis, categorical bar charts, and Kruskal-Wallis tests have all be added to StatTools. In addition, performing multiple types of regressions are much easier than ever.

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