RISK based functionality will enable Scarsin’s customers to further enrich their forecasting processes and support strategic decision making
Toronto, May 7th, 2015– Scarsin Corporation, a software development and services company specializing in providing enterprise-class Business Intelligence (BI) to global organizations, is pleased to announce the addition of Palisade Corporation’s @RISK analysis software into Scarsin’s i2e Business Intelligence platform. @RISK enables Scarsin to further enhance its capabilities in complex forecasting and analyses by leveraging the software’s Monte Carlo simulator, a best practice mathematical technique that accounts for risk in quantitative analysis and decision making.
Scarsin’s clients are industry leaders with global operations who rely on i2e to forecast results and predict risk across all areas of their organization including finance, budgeting, business development, brand portfolio management, pricing and sales and marketing. Creating accurate forecasts quickly and easily using proven statistical methods, is critical to drive strategic planning and make insightful decisions directly impacting the company’s bottom line. With @RISK’s Monte Carlo simulator, users can now perform very complex modelling and analyses choosing from millions of possible outcomes to better understand risk probability.
“Continually evolving i2e to meet customer needs is strategic to our competitive positioning and ongoing success. We are very excited to offer our customers this enhancement. @RISK is directly included into i2e’s platform for ease of use, providing a best-in-class forecasting application for those customers requiring more complex risk assessment,” says Paul Minshull, President and CEO of Scarsin Corporation.
@RISK will be commercially available in April of 2015 in Release 7.45 as an added feature in i2e and can be enabled once @Risk licenses are purchased from Scarsin.