NeuralTools brings a sophisticated new capability for forecasting and prediction in Microsoft Excel: Neural Networks. You'll make new predictions based on the patterns in your known data with uncanny accuracy. 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!
Live Prediction Updates Results in Real Time
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!
Train, Test, and Predict in One Easy Step
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. Only NeuralTools can accomplish all this automatically in one simple step!
Stay in Excel
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.
Widely Applicable
Neural Networks are used across a wide variety of industry segments. And because NeuralTools works in Excel, this powerful technology is accessible to virtually anyone with a PC. Just a few examples of industries using Neural Networks, and some of their applications, include:
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INDUSTRY
ARCHAEOLOGY
BANKING
CREDIT CARDS
DEFENSE
ENVIRONMENTAL
FINANCE & SECURITIES
FLAVORS & FRAGRANCES
HOMELAND SECURITY
INSURANCE/REINSURANCE
MANUFACTURING
MARKETING
MEDICINE
OIL/GAS/ENERGY
PHARMACEUTICALS
PSYCHOLOGY
REAL ESTATE
SCIENTIFIC RESEARCH
TELECOMMUNICATIONS
TRANSPORTATION
UTILITIES
SAMPLE APPLICATION
Bone and artifact identification and dating
Loan underwriting
Credit scoring Detection of fraudulent transactions
Target identification
Prediction of air and sea currents
Air and water quality Investment prediction
Currency fluctuation Beer and wine flavor prediction
Identification of potential terrorists
Policy underwriting
Loss reserves estimation Quality control and Six Sigma
Accurately target prospects
Measure and compare marketing methods and campaigns Tumor and tissue diagnosis
Heart attack diagnosis Coal plant ash analysis
Energy price prediction Oil reserves estimation New drug effectiveness
Criminal and psychotic behavior prediction
Real estate appraisal
Specimen identification
Protein sequencing Network line fault detection
Highway maintenance
Power grid fault detection
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NeuralTools Features & Benefits
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FEATURES
Live Prediction feature automatically updates
predictions when input data changes (Professional edition only) Automatically trains, tests, and predicts in
one easy step Better predictions faster
True add-in, featuring Excel-style functions, toolbar interface, menu, and Excel commands
Variable Impact Analysis ranks the effect of input variables on predictions
Can train and analyze data spanning
multiple worksheets Cases in a dataset can be automatically or manually tagged for training, testing, and prediction data
Variable matching – 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 for easy management
of many trained Neural Networks Save Neural Networks in workbooks or as native NeuralTools files
Can be used for both categorical and numeric data
No need to create dummy variables for categorical
data – NeuralTools automatically interprets categorical data directly Graphs and reports customized using standard
Excel features Designed to work with StatTools, @RISK, Evolver,
and other Palisade products BENEFITS
No need to manually re-run predictions as conditions change; allows real-time optimization of input variables.
Saves time and hassle in setting up analyses
Save time and make better decisions
Intuitive and easy to learn
New input variables can be selected or emphasized for more accurate predictions
Virtually unlimited analytical capacity
Saves time and hassle setting up analyses, while allowing for customization
No hassle managing various datasets
Keeps Neural Networks organized for quick retrieval
Allows flexibility to use trained Neural Networks on multiple spreadsheets
Maximizes the range of problems that can be analyzed
Saves time and improves clarity
Tremendous variety of reporting options to meet any presentation needs
Combine analysis with other techniques
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Two Editions to Meet Your Needs
NeuralTools comes in two editions: Standard and Professional. The Standard edition allows up to 1,000 cases per dataset, and the Professional edition has unlimited capacity. The Professional edition also adds Live Prediction, whereby the predicted results are updated automatically when the input data changes.
Compatibility: NeuralTools is compatible with Excel versions 2000 through 2007.