Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • AnalyticsCreator Reviews & Ratings
    46 Ratings
    Company Website
  • Innoslate Reviews & Ratings
    87 Ratings
    Company Website
  • Kubit Reviews & Ratings
    33 Ratings
    Company Website
  • dbt Reviews & Ratings
    219 Ratings
    Company Website
  • Paccurate Reviews & Ratings
    11 Ratings
    Company Website
  • NaviPlan Reviews & Ratings
    Company Website
  • LM-Kit.NET Reviews & Ratings
    23 Ratings
    Company Website
  • CompUp Reviews & Ratings
    66 Ratings
    Company Website
  • Google Cloud BigQuery Reviews & Ratings
    1,934 Ratings
    Company Website
  • Skillfully Reviews & Ratings
    2 Ratings
    Company Website

What is RASON?

RASON, which is an acronym for RESTful Analytic Solver Object Notation, functions as an advanced modeling language and analytics framework that employs JSON and is reachable via a REST API, facilitating the easy development, testing, resolution, and deployment of decision services that incorporate sophisticated analytic models directly within applications. This adaptable tool empowers users to define optimization, simulation, forecasting, machine learning, and business rules or decision tables using a high-level language that integrates effortlessly with JavaScript and RESTful workflows, thus allowing the incorporation of analytic models into both web and mobile platforms while supporting scalability in cloud infrastructures. RASON boasts a wide array of analytic functionalities, enabling it to perform linear and mixed-integer optimization, convex and nonlinear programming, and Monte Carlo simulations with diverse distributions, alongside stochastic programming techniques and predictive models that include regression, clustering, neural networks, and ensemble methods. Additionally, it supports DMN-compliant decision tables, which are crucial for implementing efficient business logic. Given its extensive capabilities, RASON stands out as a vital asset for organizations aiming to improve their decision-making processes through high-level analytics. As companies increasingly recognize the importance of data-driven decisions, RASON becomes an indispensable tool in their strategic arsenal.

What is ModelRisk?

ModelRisk is an Excel add-in tailored for conducting Monte Carlo simulations, allowing users to integrate uncertainty into their spreadsheet models effectively. Since its launch in 2009, it has become a benchmark for innovation in the field, introducing a variety of technical features related to Monte Carlo techniques that facilitate the development, verification, and evaluation of risk models in a manner that aligns more closely with real-world complexities. By replacing uncertain values in Excel with specialized ModelRisk probability distribution functions, users can accurately depict the uncertainty surrounding those values. Subsequently, ModelRisk utilizes Monte Carlo simulation methods to generate thousands of potential scenarios automatically. While Excel is employed for a multitude of analytical tasks, ModelRisk uniquely focuses on assessing the uncertainty present in the numerical outcomes of Excel models. This powerful tool has been embraced by users from diverse industries for risk analysis, highlighting its adaptability and effectiveness in managing uncertainty. Moreover, its capability to visualize results not only enhances user comprehension but also aids in making well-informed decisions, ultimately leading to better strategic outcomes. In an increasingly complex world, ModelRisk empowers users to navigate uncertainty with confidence.

Media

Media

Integrations Supported

JSON
JavaScript
Microsoft Excel

Integrations Supported

JSON
JavaScript
Microsoft Excel

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Frontline Solvers

Date Founded

1987

Company Location

United States

Company Website

rason.com

Company Facts

Organization Name

Vose Software

Company Location

Belgium

Company Website

www.vosesoftware.com/products/modelrisk/

Categories and Features

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Popular Alternatives

Solver SDK Reviews & Ratings

Solver SDK

Frontline Systems

Popular Alternatives

RiskyProject Professional Reviews & Ratings

RiskyProject Professional

Intaver Institute
@RISK Reviews & Ratings

@RISK

Lumivero
Analytic Solver Reviews & Ratings

Analytic Solver

Frontline Systems
Analytic Solver Reviews & Ratings

Analytic Solver

Frontline Systems
GoldSim Reviews & Ratings

GoldSim

GoldSim Technology Group