New NeuralTools 5.5
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!
What’s New in NeuralTools
Getting Started in NeuralTools
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 optimize 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.
NeuralTools Features & Benefits
See complete table
FEATURES
Live Prediction feature automatically updates
predictions when input data changes
(Industrial edition only)
Automatically trains, tests, and predicts in
one easy step
Better predictions faster
True add-in, featuring Excel-style functions, toolbar interface, menu, and Excel commands
Variable Impact Analysis ranks the effect of input variables on predictions
Can train and analyze data spanning
multiple worksheets
Cases in a dataset can be automatically or manually tagged for training, testing, and prediction data
Variable matching – variables in the different datasets (training, testing, and prediction) do not need to be
in the same order or even have the same names
Neural Networks Manager for easy management
of many trained Neural Networks
Save Neural Networks in workbooks or as native NeuralTools files
Can be used for both categorical and numeric data
No need to create dummy variables for categorical
data – NeuralTools automatically interprets categorical data directly
Graphs and reports customized using standard
Excel features
Designed to work with StatTools, @RISK, Evolver,
and other Palisade products
BENEFITS
No need to manually re-run predictions as conditions change; allows real-time optimization of input variables.
Saves time and hassle in setting up analyses
Save time and make better decisions
Intuitive and easy to learn
New input variables can be selected or emphasized for more accurate predictions
Virtually unlimited analytical capacity
Saves time and hassle setting up analyses, while allowing for customization
No hassle managing various datasets
Keeps Neural Networks organized for quick retrieval
Allows flexibility to use trained Neural Networks on multiple spreadsheets
Maximizes the range of problems that can be analyzed
Saves time and improves clarity
Tremendous variety of reporting options to meet any presentation needs
Combine analysis with other techniques
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 optimization, 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. For example:
NeuralTools and Evolver
Combine NeuralTools with Evolver to optimize complex problems. Set Evolver’s target goal as the live predictive output for NeuralTools, and the cells for Evolver to adjust as the new inputs for NeuralTools. Then watch Evolver and NeuralTools work together to predict the optimal solution.
Watch how NeuralTools and Evolver work together
NeuralTools and RISKOptimizer
You could even run NeuralTools in conjunction with RISKOptimizer, running Monte Carlo simulations on each trial solution and making live predictions of the results.
» More about The DecisionTools Suite
Save Over 50% When You Buy the Suite
The DecisionTools Suite costs less than buying just two component products separately.
In fact, you save over 50% versus buying all components individually. The best analyses at a
great price–with the DecisionTools Suite.
» Price Comparison Chart
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!
Licensing and Training
NeuralTools is available through a variety of licensing options, including corporate, network, and academic licenses. Training, consulting, and books can be bundled with your software to ensure you and your staff get the most out of your investment.
Compatibility: Compatible with PC Excel 2000 and higher and PC Windows 2000 and higher.
