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Description

Measurements are always subject to deviations from their true values, a phenomenon known as measurement uncertainty, especially when assessing or calibrating measurement tools or methodologies. To ensure quality control, it is essential to accurately quantify this uncertainty. GUMsim®, which adheres to the latest Guide to the Expression of Uncertainty in Measurement (GUM) and its supplement 1, utilizes sophisticated computational algorithms that facilitate a more effective determination of measurement uncertainty in line with ISO/IEC 17025 standards. The process of determining measurement uncertainty involves a mathematical relationship and statistical analysis of all variables influencing the measurement outcomes. To streamline this process, GUMsim provides a user-friendly input environment designed for various measurement models. Additionally, it offers a range of pre-defined application models that function as templates tailored to assist you in conducting specific evaluations, making it easier to embark on your measurement uncertainty assessments. This feature not only enhances the user experience but also encourages consistency in measurement practices across different applications.

Description

It provides exceptional insight into the key elements that influence risk. With Crystal Ball, you can make effective tactical choices to achieve your goals and secure a competitive advantage, even in the most unpredictable market scenarios. This user-friendly simulation software enables you to examine the risks and uncertainties tied to your Microsoft Excel spreadsheet models. This brief overview will quickly highlight how Crystal Ball is utilized (taking just slightly longer than a minute!). Traditional Excel models are deterministic, meaning that the inputs remain constant (each cell corresponds to a singular value). Consequently, you can only observe one outcome at a time. To explore different results, you must manually adjust the inputs within the model. By using Crystal Ball, you can efficiently analyze multiple scenarios and better prepare for potential variances in your results.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Quickwork

Integrations

Quickwork

Pricing Details

€870 one-time payment
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

QuoData

Country

Germany

Website

www.quodata.de/gumsim

Vendor Details

Company Name

Oracle

Founded

1977

Country

United States

Website

www.oracle.com/middleware/technologies/crystalball.html

Product Features

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization

Product Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

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