Palisade Custom Runtime (PCR)
Custom Applications Outside the Spreadsheet – for Web, Network, or Desktop
Take @RISK and DecisionTools out of Excel
Palisade Custom Runtime (PCR) is a programming toolkit for adding the power of @RISK and DecisionTools functionality to any Windows application. It is used for creating custom applications outside the spreadsheet environment, such as over the web, a corporate network, or desktop Windows systems. Our technical team can harness a variety of DecisionTools technologies for use in your own custom solution, including Monte Carlo simulation, graphs and reports, and probability distribution fitting from @RISK, optimization from RISKOptimizer and Evolver, neural networks from NeuralTools, and more. In addition, applications can use an entirely customized interface, or elements of existing DecisionTools interfaces as desired.
Web solutions can allow users to access their application from any browser, anywhere in the world. The @RISK Monte Carlo simulation functionality supports multithreading, allowing the development of scalable web applications. For instance, a brokerage firm may deploy a financial planning tool over the web, enabling analysts in remote offices to enter model parameters, run analyses, and view results. Model structure, logic, and libraries are all stored on a web server, ensuring consistency for all end-users and removing local installation and support issues.
Unlike an Excel-based solution, users of a PCR solution do not need to have a full license of @RISK or other DecisionTools software installed to run their application. Instead, PCR libraries are licensed and installed, so end-users don’t even need to have Excel installed on their computers. PCR licensing is handled on a subscription basis, ensuring ongoing maintenance and support, as well as providing more flexibility for budgeting.
Customer Success Stories
Learn how Palisade Custom Runtime has helped decision-makers across a range of industries.
National Risk Advisor, Risk Management Center, US Army Corps of Engineers
USACE’s Palisade custom solution provides a consistent application of risk tools for use by USACE assessors, and automatically generates outputs specific to USACE risk assessments.
Senior Principal Engineer, Amway
When you can satisfy a customer’s curiosity in a single meeting, you’ve gain a fan, a believer who is going to ask you to come to the decision-making table more often.
Emergency Preparedness Program Monitor, Louisiana Department of Health
Palisade built a sophisticated @RISK model that lets us perform many different scenarios based on patient numbers and other data, plus it has an ‘idiot-proof’ interface.
PCR Use Cases
Fault Tree Analysis
PCR was used to create a web-based fault tree analysis tool for the US Army Corps of Engineers that incorporates Monte Carlo simulation to account for uncertain in engineering reliability assessment.
A web-based solution that optimizes the schedule of complex operations was created for a large manufacturer using PCR, with reports that include dynamic Gantt Charts which update as different simulated schedules are tried.
Risk Heat Maps
Many clients, from utilities to construction firms, have created probabilistic heat map applications using PCR. These solutions are designed to gauge the probability and severity of different risks occurring in project planning.
Energy firms, utilities, engineering firms, construction firms, and more have built PCR applications to analyze different mitigation strategies for their project risks.
Benefits of PCR
- Flexible Deployment
PCR can be deployed in desktop, network, or in web environments, giving you more flexibility in how you distribute PCR-enabled applications.
- Bigger Models, Faster
There are speed advantages to an application outside the spreadsheet environment. Very large Monte Carlo simulation or optimization models may run faster in a dedicated application because they do not require the additional routines executed during spreadsheet recalculation.
- Maintenance Included
Included with the subscription is not only the right to use PCR licenses, but the latest version upgrades and full support as well. There is no separate maintenance fee with PCR.
- Flexible Budget Planning
Because PCR is licensed on a subscription, you are not required to maintain the same number of users from year to year. This enables you to scale down or up you PCR deployment as business needs change.
- Full DecisionTools Suite Functionality
Palisade can harness all the features of @RISK and virtually any other tool in the DecisionTools Suite to ensure the most robust, insightful solution for your needs.