NeuralTools
Make Intelligent Predictions from Incomplete Data
Utilize Data to Create Predictive Neural Networks
NeuralTools is a sophisticated data mining application that uses neural networks in Microsoft Excel, making accurate new predictions based on the patterns in your known data. NeuralTools imitates brain functions in order to “learn” the structure of your data, taking new inputs and making intelligent predictions. With NeuralTools, your spreadsheet can “think” for you like never before.
Overview
There are three basic steps in a Neural Networks analysis: training the network on your data, testing the network for accuracy, and making predictions from new data. NeuralTools accomplishes all this automatically in one simple step. NeuralTools automatically updates predictions when input data changes, so you don’t have to manually re-run 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.
Works with Microsoft Excel Models
Make Predictions with Incomplete Data
Automatically Update Predictions when Data Changes
Use for Both Categorical and Numeric Data
Industries
Energy & Utilities
Insurance & Reinsurance
Finance & Banking
Manufacturing & Consumer Goods
Construction & Engineering
Aerospace & Defense
Customer Success Stories
Learn how NeuralTools has helped analysts and executives improve decision making.
Dr. José R. Iglesias-Rozas
Katharinenhospital Institute for Pathology
I am delighted with the program for its speed and the easy handling. I was very happy to work with numeric and category variables. The program is super quick.
Dr. Tapan Biswas
Founder, Biswas X-Ray and Scan Centre
We are delighted with NeuralTools; part of this study would simply have been impossible without it.
Kimbal Curtis
Western Australia Department of Agriculture
NeuralTools ably dealt with the complexities of my problem, freeing me to concentrate on the relationships it found and to compare these with our experience in the market.
Barbara Tawney
Consultant, School of Engineering and Applied Science, University of Virginia
Most folks in the medical community can use NeuralTools to predict future admissions and patient demands. To bring this kind of forecasting to non-engineering managers is just awesome!
How NeuralTools Is Used
NeuralTools has a multitude of applications, including:
- Credit & Fraud Risk
- Investment Planning & Portfolio Optimization
- Engineering Reliability
- Capital Reserves
- Oil, Gas, & Mineral Reserves
Credit & Fraud Risk
Leverage known data on previous loans and transactions to predict future outcomes with new credit applicants or new, real-time transactions.
Investment Planning & Portfolio Optimization
Predict performance of portfolio assets (such as stocks, bonds, real estate, or projects) based on historical data sets and new, incomplete information.
Engineering Reliability
Predict the risk of equipment failure or safety violations using past data. Identify areas of weakness to ensure quality results and prevent failures.
Capital Reserves
Intelligently predict future reserves needs based on experiential and industry data sets paired with current, incomplete data.
Oil, Gas, & Mineral Reserves
Using known geological and mineral reserves data, predict the likelihood of success given new, incomplete survey and testing information.
Credit & Fraud Risk
Credit & Fraud Risk
Leverage known data on previous loans and transactions to predict future outcomes with new credit applicants or new, real-time transactions.
Investment Planning & Portfolio Optimization
Investment Planning & Portfolio Optimization
Predict performance of portfolio assets (such as stocks, bonds, real estate, or projects) based on historical data sets and new, incomplete information.
Engineering Reliability
Engineering Reliability
Predict the risk of equipment failure or safety violations using past data. Identify areas of weakness to ensure quality results and prevent failures.
Capital Reserves
Capital Reserves
Intelligently predict future reserves needs based on experiential and industry data sets paired with current, incomplete data.
Oil, Gas, & Mineral Reserves
Oil, Gas, & Mineral Reserves
Using known geological and mineral reserves data, predict the likelihood of success given new, incomplete survey and testing information.
Key Features
Train, Test, and Predict in One Step
NeuralTools performs all three basic steps of a Neural Networks analysis in one simple step. Save time and hassle in setting up your analyses.
Live Prediction
NeuralTools automatically updates predictions when input data changes, allowing for real-time optimization of input variables. (Industrial edition only).
Variable Impact Analysis
NeuralTools ranks the effect of input variables on predictions, and new input variables can be selected or emphasized for more accurate predictions.
Training Sensitivity Analysis
This feature shows users the reliability of test results based on the size of the testing data set.
Variable Matching
With NeuralTools, variables in the different datasets (training, testing, and prediction) do not need to be in the same order or even have the same names.
Neural Networks Manager
NeuralTools helps you keep your Neural Networks organized for quick retrieval, enabling easy management of many trained Neural Networks.
Included with The DecisionTools Suite
The complete risk and decision analysis toolkit, including @RISK, PrecisionTree, TopRank, NeuralTools, StatTools, Evolver, RISKOptimizer, and ScheduleRiskAnalysis.
Additional Benefits
Subscription
Your software subscription has you fully covered.
- Free upgrades when new software versions are released
- Full access to Technical Support
Support
Technical Support is available to help with installation, operational problems, or errors.
- Included with subscription
- Phone, web, or email
Customizable
Leverage the power of NeuralTools in your own custom application with Palisade Custom Development.
- Engage Palisade to design your solution
- Standardize your analyses and reduce learning curves
