OR/MS Today, October 2010
Decision Analysis Software Survey
Table 12
|
Product | New features since October 2008 | Specific industries or market segments in which the software tool is more popular |
| @RISK | Increased simulation speed, graph enhancements, 64-bit compatibility | oil, gas, and energy; finance; pharmaceuticals, insurance and reinsurance; manufacturing |
| 1000Minds | Value for money analysis; selection of portfolio of alternatives with budget constraints; analysis of group elictation | Broad industry base, particular support in government social services, health sector. |
| AgenaRisk | ||
| Analytica 4.2 | 64-bit versions, corporate concurrent licensing, compatibility with additional solver engines, new and improved functions | Energy & Environment, Financial services, high tech, public policy, regulatory analysis, health care, pharma, telecom, mfg. |
| DecideIT | Decision evaluation with second order probabilities. | |
| Decision Advisor® | Across industry | |
| Decision Explorer | Decision Explorer is used widely in academic, public sector, not-for-profit, corporate and military settings. | |
| DecisionTools Suite | Increased simulation speed, graph enhancements; VBA libraries for customization; multilanguage versions | Oil, gas, and energy; finance; pharmaceuticals, insurance and reinsurance; manufacturing |
| Doctus | New product and market evaluation; tenders (both application and evaluation), R&D. | |
| DPL | Waterfall chart (drivers of value change), node grouping, auto updatable data reports | Pharmaceuticals/biotech, R&D Planning, Oil & Gas, Environmental, New Product Development, Financial Services, Defence |
| DTrio | DTrio has a number of new and updated decision templates which include new capabilities (i.e confidence plots). | Energy (including offshore, deepwater, unconventional & downstream) Pharmaceutical (including biotech, big pharma) |
| Equity3 | Risk-adjust portfolio prioritizations. Define criterion from other criteria. Improved exporting. More efficient modelling. | Corporatations. Manufacturing. Pharmaceutical. Defence. R&D. Healthcare. Local/central government. Nuclear. Utilites. |
| ForeTell-DSS | Bi-directional interfaces to BI solutions (RDBMs, Data Warehouses), Bar Chart analytics | Government (e.g. counter-terrorism strategies), Financial Services, Life Sciences |
| Frontier Analyst 4 | Side-by-side- comparisons. Many more analysis options. DEAML standard import/export. Web service. | Retail, banking, health care, any business with many branches/outlets/units. |
| GoldSim | Modeling resources (e.g., fuel, spare parts, workers). Improved flexibility for using imported time series | Water resources, mining, radioactive and hazardous waste management, space and defense |
| HiPriority 3 SE | ||
| Hiview3 | Model templates to allow your models with your colleagues. Improved reports. Analytical and aesthetic improvements. | Pharmaceutical. Defence. R&D. Healthcare. Local/central government. Nuclear. Utilites. Environmental |
| IDS (Intelligent Decision System) | Knowledge management, cognitive support and text report generator highlighting weaknesses & strengths of each option | Automotive Industry, Health Care, Nuclear Industry, Transport, Retail, Education and Research |
| Logical Decisions for Windows v6.2 | 3 way scatter diagram, user flags/ stoplights | Military/Intelligence, Pharmaceutical, Public Health |
| Logical Decisions Portfolio v6.2 | piano roll portfolio diagram, three way scatter diagram | Military/Intelligence, Pharmaceutical, Public Health |
| MakeItRational | New application. May 2010 | Academic usage |
| MindDecider | The first version of the software was released in 2009 | Academics |
| OnBalance 3 SE | ||
| OWL | A series of new cases have been added to both the Energy and Pharmaceutical libraries. | Energy and Pharma - but it is not industry dependent as you can build your library. |
| PEERForecaster Excel Add-in | Cross-Industry | |
| Portfolio NavigatorÀô Value Optimization Software | Multi-tiered three-level system, e.g., concepts to sub-portfolios to master portfolio | Any company that develops, manufactures and commercializes products. |
| Promax 2010 Standard | Brand new software. Standard for ranking and Professional for resource allocation (Efficiency) | Government, Private Sector and NGO's |
| QMms (Quantitative Methods for Management Science) | ||
| RICH Decisions | - | no |
| RiskSim | Compatible with Microsoft Excel 2010 | All industries and market segments using spreadsheet planning models |
| RPM-Decisions | ||
| SensIt | Compatible with Microsoft Excel 2010 | All industries and market segments using spreadsheet planning models |
| TreePlan | Compatible with Microsoft Excel 2010 | All industries and market segments using decision tree models |
| TreeTop | TreeTop is a brand new MIcrosoft .Net application released in 2010 which treats Excel as an add-in. | Energy and Pharmaceutical - but it is not industry specific. |
| Vanguard Business Analytics Suite | Embedded simulation optimization using Vanguard Global Optimizer. Enhancements to time-based modeling & model linking. | Applicable to all. |
| Vanguard System | Embedded simulation optimization using Vanguard Global Optimizer. Enhancements to Web-based modeling and what-if interface. | Applicable to all. |
Decision Analysis Software Survey Pages:
Introduction | Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Vendor List | Accompanying Article
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