GUMsim

GUMsim

QuoData
ModelRisk

ModelRisk

Vose Software
+
+

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About

Deviations from the true value (measurement uncertainty) always accompany measurements carried out in the context of the evaluation or calibration of measurement instruments or procedures. Quality control requires that this uncertainty is quantified. Based on the current Guide to the Expression of Uncertainty in Measurement (GUM) and the GUM supplement 1, GUMsimยฎ is built upon advanced computational algorithms that allow more efficient determination of measurement uncertainty in compliance with ISO/IEC 17025. The determination of measurement uncertainty results from the mathematical relation and statistical evaluation of all factors which contribute to the measurement result. For such measurement models GUMsim offers a comfortable input environment. Several application models have been pre-defined and are available as templates for your particular evaluations to help you get started.

About

ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face. A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. In the same way that Excel is used for many different types of analysis, ModelRisk is used to assess the uncertainty in the numbers produced by the Excel model. Users have performed risks analyses with ModelRisk in a vast range of fields.

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Companies that need an advanced Statistical Analysis solution

Audience

Risk Management platform for organizations seeking a solution to manage their operations

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

โ‚ฌ870 one-time payment
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

QuoData
Germany
www.quodata.de/gumsim

Company Information

Vose Software
Belgium
www.vosesoftware.com/products/modelrisk/

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Categories

Categories

Statistical Analysis Features

Analytics Not Supported
Association Discovery Not Supported
Compliance Tracking Not Supported
File Management Not Supported
File Storage Not Supported
Forecasting Not Supported
Multivariate Analysis Not Supported
Regression Analysis Not Supported
Statistical Process Control Not Supported
Statistical Simulation Supported
Survival Analysis Not Supported
Time Series Not Supported
Visualization Not Supported

Risk Management Features

Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Not Supported
Exceptions Management Not Supported
Internal Controls Management Not Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Not Supported
Risk Assessment Supported

Integrations

No info available.

Integrations

No info available.
Claim GUMsim and update features and information
Claim GUMsim and update features and information
Claim ModelRisk and update features and information
Claim ModelRisk and update features and information