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Contact: Daniel Fylstra |
News Release |
INCLINE VILLAGE, NV -- October 31, 2008 -- Risk Solver Platform, a new software product from Frontline Systems, brings together best-in-class simulation for risk analysis, best-in-class optimization for resource allocation, and a new, simpler user interface, aimed at the sine qua non of business decision-making: robust optimal decisions that deal effectively with uncertainty.
Risk Solver Platform for Microsoft Excel includes all the capabilities of Frontline’s Risk Solver, leading software for Monte Carlo simulation; all the capabilities of Frontline’s Premium Solver Platform, by far the leading software for optimization in Excel; new capabilities for multiple simulations and multiple optimizations; and unique capabilities for robust optimization of models with uncertainty that are not available in any other commercial product, at any price.
“It's easier and faster to build both optimization and simulation models in Risk Solver Platform,” said Daniel Fylstra, Frontline Systems’ President. “But users really want to use both in an integrated way. This is where Risk Solver Platform excels -- making advanced methods for robust optimization accessible to everyone.”
New Ease of Use Features
Risk Solver Platform brings instant charts and graphs to optimization, while building on Risk Solver’s charts and graphs for simulation. Its new ‘modeless’ user interface takes advantage of Excel’s Task Pane and Ribbon UI elements to make the creation of simulation and optimization models easier and faster than ever. And its speed exceeds that of any previous Frontline product, thanks to improvements in PSI Technology, Frontline’s Polymorphic Spreadsheet Interpreter.
Risk Solver Platform also features a new automatic mode that enables users who aren’t experts in optimization to get the best possible solution. It can automatically diagnose users’ model -- including optimization models with uncertainty -- automatically apply model transformations to make a model easier to solve, automatically select the best Solver Engine, and automatically respond to a number of error conditions and re-solve.
Risk Solver Platform's rich array of features are summarized in a Product Backgrounder.
Product Subsets and Upgrades
Risk Solver Platform V9.0 (RSP) is the “flagship” product in Frontline Systems’ V9.0 product line release. For users who want to start with just Monte Carlo simulation, Risk Solver V9.0 is available as a subset of RSP -- with capabilities beyond competitive products whose main or only feature is simulation. For users who want to start with just optimization, Premium Solver Platform V9.0 and Premium Solver V9.0 are both available as a subset of RSP -- with capabilities well beyond competitive products designed only for optimization. Also available is an integrated subset product, Risk Solver Premium V9.0 -- offering much more for the same price as Crystal Ball Professional and @RISK Industrial. Users can easily upgrade from any of the subset products to a more powerful version, at any time, by purchasing a new license code.
About Frontline Systems, Inc.
Frontline Systems, Inc. (https://www.solver.com) is a leading developer of optimization and simulation software, and the leader in spreadsheet optimization software that helps analysts and managers optimally allocate scarce resources -- money, equipment, and people -- to realize substantial cost savings. Frontline developed the solvers/optimizers in Microsoft Excel, Lotus 1-2-3 and Quattro Pro, distributed to more than 500 million spreadsheet users. Founded in 1987, Frontline is headquartered in Incline Village, Nevada (775-831-0300 or info@solver.com). Premium Solver is a trademark of Frontline Systems, Inc.