Neconomy Software and Consulting
 
 

E-commerce Leader Plans Growth with @RISK

 
 

As the world continues to become ever more digital, companies from all industries need to have a strong digital commerce strategy. However, launching a digital commerce platform can be a complex undertaking, especially for established companies which have built their businesses on more traditional, paper-based processes that are better suited for brick and mortar transactions. Netconomy Software and Consulting, an Austrian-based company, has found its sweet spot: working with enterprise organizations to adapt and connect their business processes with state-of-the-art technologies to deliver scalable e-commerce solutions.  Netconomy uses Palisade’s @RISK to integrate risk management within its budgeting and financial planning processes, providing the management team with full visibility of the risks associated with each element of its budget.  

With the help of @RISK, we don’t just wait to react to changes on our business. Instead, we are able to act early and quickly if we notice trends which could harm our business goals,” reports Andreas Schilk, CFO for Netconomy. “In addition, we get full visibility regarding what we can afford, what we can risk and what we can invest. This gives the management team – and the board – much more confidence in our plans and our ability to proactively steer the business.”

 
 
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Watch Now: Intro to Project Risk Management Using @RISK

 

Learn how to account for schedule and cost risks in
Excel and Project, using Monte Carlo simulation

 

The aim of this webinar is to provide a basic understanding of how @RISK for Project Management can help you manage uncertainty in your Microsoft Project schedules. Using Monte Carlo simulation, you will learn how to account for schedule and cost risks in order to answer the question, "What is the probability that my project will come in on time and within budget?" We'll demonstrate how to use @RISK to:

  • Calculate the probability of success
  • Graph the margin of error around the most likely outcome
  • Quantify and prioritize the risk drivers
  • Quantify the amount '@RISK'
 
Watch the Webinar
   
 
 
 

@RISK Tips: Controlling VAR with Correlated Assets

 

  Excerpted from Decision Making Under Uncertainty with RISKOptimizer
by Wayne Winston, published by Palisade Corporation         

 

Most investments are correlated. For example, most US stocks tend to go up and down with the market as a whole. This induces a correlation between the returns on various US stocks. Using RISKOptimizer we can easily maximize the VAR of a portfolio, given a constraint on expected return. Click below to learn how to use RISKOptimizer to control the VAR of a portfolio involving correlated assets.

 
Download Example Files
   
 
 
 

New Edition of "Risk and Decision Analysis in Projects"

 

John R. Schuyler delivers a wholly rewritten and expanded successor
to the best-selling prior editions of this book.

 

Risk and DecisionDecision analysis provides assistance in making logical, consistent decisions under uncertainty. This book instructs readers in applying decision analysis to a wide range of project decisions. An essential concepts and how-to guide intended for serious Project Management students and practitioners, the scope of the book is quantitative analysis, from project inception to post-project review. The entire asset life cycle is covered, from an initial feasibility analysis, to the project plan, to the post-project review, and on to a look-back analysis of the capital investment decision.

 
Learn More
 
 
 

Regional Training Seminars

 

Attend an intensive course to learn how to apply @RISK and the DecisionTools Suite to real-life problems.

 

Regional TrainingsOur worldwide Palisade Regional Training courses are professional public courses designed to teach you how to apply @RISK and the DecisionTools Suite to real-life problems. The training is hands-on, and includes course notes and example files. Palisade Regional Training courses have been accredited by a number of industry groups, enabling professionals in those industries to earn continuing education credits. Lunch and breaks are also provided, giving you a great opportunity to network with other professionals interested in risk analysis.

2017 locations include Rome, Moscow, Munich, Melbourne, Brisbane, Washington DC, Seattle, Calgary, and more.

 
View Schedule
 
 
 

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Live Webinars
Attend an hour-long event to learn how Palisade software works, and ask questions. See the schedule here.

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On-Demand Webinars
Watch a variety of Palisade webinars at your convenience. View a complete listing of on-demand webinars here.
 
The DecisionTools Suite
 
Contact Details
 

Palisade Corporation

798 Cascadilla St.,
Ithaca, NY 14850 USA

sales@palisade.com

www.palisade.com

About Us

 

Palisade Corporation is the world's leading provider of risk and decision analysis software and solutions. Founded in 1984, its products @RISK and the DecisionTools Suite are used by over 95% of the Fortune 100, in nearly every industry around the world. Palisade is headquartered in New York State, and has offices in London, Sydney, Rio de Janeiro, and Tokyo.

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