Make Intelligent Predictions from Incomplete Data –
Right in Your Spreadsheet
Have you ever been faced with a lot of data and wanted to use it for predicting the future, or for classifying unknowns? Have you ever had to make a decision given new, incomplete data?
Of course you have. Nobody ever has complete information when making decisions. But if you have access to historical data for your problem, NeuralTools can help! NeuralTools is a sophisticated data mining application that uses neural networks in Microsoft Excel. With NeuralTools, you can make accurate new predictions based on the patterns in your known data. NeuralTools imitates brain functions in order to “learn” the structure of your data. Once NeuralTools understands your data, it can take new inputs and make intelligent predictions. Your spreadsheet can “think” for you like never before!
NeuralTools is used to make credit lending decisions by predicting the likelihood a new borrower will pay back a loan. It’s used for reducing transactional risk by identifying bank or credit card transactions likely to be fraudulent. Call centers use it for staffing strategies by predicting call volumes. Medical professionals use NeuralTools to diagnose unknown tumors and other ailments. The list is endless!
New in Version 6 –
Testing Sensitivity Analysis
When a neural net is trained on a small data set, the subset of data that is used to test the neural net is also small, which limits the reliability of the testing results. This new analysis helps to determine if testing results are reliable given the amount of data that has been set aside for testing. It can also answer the question whether changing the size of the testing subset will increase the reliability of the results.
NeuralTools can automatically update predictions when input data changes, so you don’t have to manually re-run your predictions when you get new data. Combine with Palisade’s Evolver or Excel’s Solver to optimize tough decisions and achieve your goals like no other Neural Networks package can!
NeuralTools works where you work – in Excel. Because NeuralTools uses the same interface as Excel, you can get up to speed quickly. With NeuralTools, you get the best of both worlds: Excel ease-of-use, combined with robust, accurate predictions.
Meet Your Needs
NeuralTools comes in two editions: Professional and Industrial. The Professional edition allows up to 1,000 cases per dataset, and the Industrial edition has unlimited capacity. The Industrial edition also adds Live Prediction, whereby the predicted results are updated automatically when the input data changes.
Part of the DecisionTools Suite
NeuralTools is available by itself or as part of the DecisionTools Suite, Palisade’s complete risk and decision analysis toolkit. The DecisionTools Suite includes @RISK for risk analysis with Monte Carlo simulation, StatTools for forecasting and statistical analysis, Evolver for optimization, PrecisionTree for decision trees, and more. NeuralTools is fully compatible with all DecisionTools programs and can be combined with them for greater insight and analysis. For example:
NeuralTools and Evolver
Combine NeuralTools with Evolver to optimize complex problems. Set Evolver’s target goal as the live predictive output for NeuralTools, and the cells for Evolver to adjust as the new inputs for NeuralTools. Then watch Evolver and NeuralTools work together to predict the optimal solution. For example, use Evolver to find the optimal amount of money to lend someone while maximizing the chances of repayment.
You could even run NeuralTools in conjunction with RISKOptimizer, running Monte Carlo simulations on each trial solution and making live predictions of the results.
Save Over 50% When You Buy the Suite
When you buy the DecisionTools Suite, you save over 50% versus buying all components individually. The best analyses at a great price–with the DecisionTools Suite.
Licensing and Training
NeuralTools is available through a variety of licensing options, including corporate, network, and academic licenses. Training, consulting, and books can be bundled with your software to ensure you and your staff get the most out of your investment.
NeuralTools predictions are calculated 100% within Excel, supported by Palisade sampling and statistics proven in over twenty years of use. Palisade does not attempt to rewrite Excel in an external recalculator to gain speed. A single recalculation from an unsupported or poorly reproduced macro or function can dramatically change your results. Where will it occur, and when? Get accurate results using NeuralTools!
COMPATIBILITY: @RISK and DecisionTools Suite software is compatible with all 32-bit and 64-bit versions of Microsoft Windows XP-8, Excel 2003-2013, and Project 2003-2013.
64-bit technology enables Excel and DecisionTools software to access much more computer memory than ever before. This allows for vastly larger models and greater computational power.