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OR/MS Today Industry News Posted: 2/20/09 Vanguard Launches Business Analytics Suite Vanguard Software has launched its newest offering, the Vanguard Business Analytics Suite. Designed for professional business modelers, Vanguard's Business Analytics Suite merges Decision Analysis, Monte Carlo Simulation, Optimization and Time-series Forecasting into an integrated package. Some of the key innovations in the new Business Analytics Suite include collaborative modeling, grid-based Monte Carlo simulation and stochastic optimization. Vanguard's collaborative modeling approach enables groups of modelers to develop large-scale models by linking together smaller, individual models in real-time. This offers a unique and robust approach to probability management in that risks and uncertainties are captured and maintained as component models in a central library where they can be accessed and linked together as needed. With the world's first commercial grid computing service for running large-scale Monte Carlo simulations, the Vanguard Business Analytics Suite enables simulation speeds that are 250 times faster than the latest spreadsheet add-ins. The Business Analytics Suite also includes Vanguard's new, cutting-edge Stochastic Optimizer. Built from the ground up after years of research and development, the Stochastic Optimizer has the ability to solve virtually any optimization problem, even problems with non-linear, discontinuous objectives and constraints.
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