MADe

MADe

PHM Technology
ModelRisk

ModelRisk

Vose Software
+
+

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About

Mitigate technical engineering-based risks that impact performance, operational availability and the cost of maintenance using modeling, analysis and decision support workflows. MADe is used to enable better decisions about the design and support of safety/mission-critical equipment at each stage of the product lifecycle. Reduce risk using interdependent analysis capabilities that consider the technical, operational and economic requirements of the operator and/or maintainer of the system. The MADe software is an integrated analysis solution that generates the artifacts required for Airworthiness certification. The analysis generated concurrently with design leads to improvements in the certification process. MADe automatically tracks the source of all parameters used in an analysis to provide a means of assessing the quality of data used to support engineering decisions and analysis.

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 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

Engineering teams that need an advanced, model-based decision support solution for complex engineering systems

Audience

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

Support

Phone Support Supported
24/7 Live Support 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

$10000.00/year
The full MADe suite is priced at $24960 per annum subscription
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 Supported

Training

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

Company Information

PHM Technology
Founded: 2006
Australia
www.phmtechnology.com

Company Information

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

Alternatives

Alternatives

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@RISK

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GoldSim

GoldSim Technology Group
Analytic Solver

Analytic Solver

Frontline Systems
Decision Oven

Decision Oven

Dataland Software
GoldSim

GoldSim

GoldSim Technology Group
Risky Project

Risky Project

Intaver Institute

Categories

Categories

Decision Support Features

Application Development Supported
Budgeting & Forecasting Supported
Data Analysis Supported
Decision Tree Analysis Not Supported
Monte Carlo Simulation Supported
Performance Metrics Supported
Rules-Based Workflow Supported
Sensitivity Analysis Supported
Thematic Mapping Not Supported
Version Control 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 MADe and update features and information
Claim MADe and update features and information
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