Palisade Appoints Erik Westwig as Director of Software Development
ITHACA, NY – Palisade, the leading provider of risk and decision analysis solutions for industry and academia, today named Erik Westwig as its new Director of Software Development. Westwig has worked in software development at Palisade for nearly 25 years, and will lead the company’s development efforts for its next major release.
Westwig has been a key architect behind Palisade’s flagship product @RISK, which performs Monte Carlo simulation and optimization in Microsoft Excel. Having written large portions of the @RISK code directly, Westwig has also led development teams throughout the company’s history. In addition to @RISK, he has spearheaded the development of PrecisionTree, Palisade’s decision analysis add-in to Excel, as well as coordinated production of the company’s fully integrated DecisionTools Suite of analytical tools.
“I’ve had the privilege of working alongside Erik for over 20 years,” noted Palisade CEO Randy Heffernan. “His technical skills, creativity, mathematical understanding, and project management abilities are second to none. There is nobody better qualified to take Palisade’s tools – upon which so many Fortune 500 decision-makers rely – to the next level.”
“I’m really excited to begin work on the next generation of Palisade software,” explained Westwig. “We have the opportunity to really get under the hood and not only improve the performance of @RISK and DecisionTools Suite in the near term, but to create a strong foundation upon which we will be able to build new tools to address the latest problems faced by today’s decision-makers. We also have a fantastic team with decades of combined experience, which is rare in this industry.”
Westwig holds a BS and MS from the School of Applied and Engineering Physics at Cornell University. In 1998 he co-authored the textbook Mathematical Physics with Cornell University professor Bruce Kusse, published by John Wiley and Sons.
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Palisade is a software developer and solution provider that produces decision support tools for professionals in many industry sectors. The company was founded in 1984, and at present more than 150,000 people use Palisade’s software in fields that range from finance to oil and mineral exploration, real estate to heavy manufacturing and pharmaceuticals to aerospace. Its software is used by more than 90 percent of Fortune Global 500 companies. Sample clients include Procter & Gamble, Petrobras, PEMEX, Lockheed Martin, Mitsubishi, Merck, Unilever, Fluor, Thales, Raytheon and PwC, as well as top business schools around the world.