NeuralTools

NeuralTools brings a sophisticated new capability for forecasting and prediction in Microsoft Excel: Neural Networks. You'll make new predictions based on the patterns in your known data with uncanny accuracy. NeuralTools imitates brain functions in order to "learn" the structure of your data. Once NeuralTools understands your data, it can take new inputs and make intelligent predictions. Your spreadsheet can "think" for you like never before!

Live Prediction Updates Results in Real Time

NeuralTools can automatically update predictions when input data changes, so you don't have to manually re-run your predictions when you get new data. Combine with Palisade's Evolver or Excel's Solver to optimise tough decisions and achieve your goals like no other Neural Networks package can!

Train, Test, and Predict in One Easy Step

There are three basic steps in a Neural Networks analysis: training the network on your data, testing the network for accuracy, and making predictions from new data. Only NeuralTools can accomplish all this automatically in one simple step!

Stay in Excel

NeuralTools works where you work - in Excel. Because NeuralTools uses the same interface as Excel, you can get up to speed quickly. With NeuralTools, you get the best of both worlds: Excel ease-of-use, combined with robust, accurate predictions.

Widely Applicable

Neural Networks are used across a wide variety of industry segments. And because NeuralTools works in Excel, this powerful technology is accessible to virtually anyone with a PC. Just a few examples of industries using Neural Networks, and some of their applications, include:

  • Archeology - E.g. Bone and artifact identification and dating
  • Banking - E.g. Loan underwriting and credit scoring
  • Credit Cards - E.g. Detection of fraudulent transactions
  • Defense - E.g. Target identification
  • Environmental - E.g. Prediction of air & sea currents and air & water quality
  • Finance & Securities - E.g. Investment prediction and currency fluctuation
  • Flavours & Fragrances - E.g. Beer and wine flavour prediction
  • Homeland security - E.g. Identification of potential terrorists
  • Insurance / Reinsurance - E.g. Policy underwriting and loss reserves estimation
  • Manufacturing - E.g. Quality control and Six Sigma
  • Marketing - E.g. Accurately target prospects and measure & compare marketing methods & campaigns
  • Medicine - E.g. Tumor & tissue diagnosis and heart attack diagnosis
  • Oil / Gas / Energy - E.g. Coal plant ash analysis, energy price prediction and Oil reserves estimation
  • Pharmaceuticals - E.g. New drug effectiveness
  • Psychology - E.g. Criminal and psychotic behavior prediction
  • Real estate - E.g. Real estate appraisal
  • Scientific Research - E.g. Specimen identification and Protein sequencing
  • Telecomunications - E.g. Network line fault detection
  • Transportation - E.g. Highway maintenance
  • Utilities - E.g. Power grid fault detection

Two Editions to Meet Your Needs

NeuralTools comes in two editions: Professional and Industrial. The Professional edition allows up to 1,000 cases per dataset, and the Industrial edition has unlimited capacity. The Industrial edition also adds Live Prediction, whereby the predicted results are updated automatically when the input data changes.

Part of the DecisionTools Suite

NeuralTools is available by itself or as part of the DecisionTools Suite, Palisade's complete risk and decision analysis toolkit. The DecisionTools Suite includes @RISK for risk analysis with Monte Carlo simulation, StatTools for time-series forecasting and statistical analysis, Evolver for optimisation, PrecisionTree for decision trees, and more. NeuralTools is fully compatible with all DecisionTools programs and can be combined with them for greater insight and analysis.

100% Excel

NeuralTools predictions are calculated 100% within Excel, supported by Palisade sampling and statistics proven in over twenty years of use. Palisade does not attempt to rewrite Excel in an external recalculator to gain speed. A single recalculation from an unsupported or poorly reproduced macro or function can dramatically change your results. Where will it occur, and when? Get accurate results using NeuralTools!

Compatibility: NeuralTools is compatible with Excel versions 2000 through 2007.

Read more about NeuralTools at www.palisade.com.