Make the most out of any business situation

Take calculated risks

Risk and uncertainty are part of all planning situations, but taking shots in the dark doesn’t have to be part of your planning. Vireton Foresight helps you take calculated risks with full awareness of your upside and downside potentials. With just one click, you can run automated impact analysis to identify the most critical sources of uncertainties that can impact your situation and display the results in intuitive tornado charts. Uncertain assumptions in your plan will be automatically varied behind the scenes using our monte carlo simulations engine to generate thousands of possible outcomes and calculate confidence intervals and value at risk for your success factors. Our hierarchical scenario planner makes the process of creating and comparing tens of scenarios much faster. Scenarios can handle both structural and numerical data which allows for varying the relations in your model not just the data. Multidimensional risk matrices help visualize risk exposure along several dimensions not just probability and impact

Compute best-possible decisions

Decision optimization allows you to increase benefits without additional costs. While indeed very desirable, it is not easy to do. It requires synchronizing many decision factors while satisfying different constraints. Vireton Foresight can automatically optimize complex business decisions involving optimal levels (e.g. price or inventory level), best combinations (e.g. optimizing portfolios of projects, products, or marketing channels), top choice (e.g. preferred supplier or location), and a variety of scheduling tasks. Multi-step decision making is also supported using decision trees that are completely integrated with our hierarchical scenario planner. This allows you to have separate decisions for different scenario. You can choose from multiple decision making styles including risk neutral, risk seeking, or risk averse to ensure that all optimizations are done according to your risk appetite. Vireton Foresights also supports Multi Criteria Decision Making (MCDM) that allow you to optimize decisions according several criteria

Uncover hidden opportunities

Imagine having the ability to predict events that have yet to occur, or having substantial evidence for the success of a decision before actually making it. This is what uncovering a pattern in your market or business data allows you to do. Vireton’s automated machine learning engine can find a number of exploitable patterns that may have went by unnoticed. Regression analysis identify relational patterns that enables you to see what drives demand or determine quantity demanded given a set of features or benefits. With structural patterns using classification analysis and auto clustering, you can automatically group elements of a situation into two or more groups that you define for better understanding of the situation according to what really matters. Temporal patterns like trends, trend reversals, and seasonality are automatically detected to enable you to anticipate threats and opportunities and prepare for them ahead of time. Association patterns lets you figure out what events happen together or what products are bought together, while gap analysis let you determine market opportunities and product/market miss-fits

Model dynamic business signals

Signals are time varying data that reflect the level of market or internal activities and act as main drivers of a situation. Examples include demand signals, project cost distribution over time, prices trends, events occurrences, etc. Vireton Foresight signals designer allows you to generate dynamic signals with different properties and synchronize them with your model assumptions for perfectly coordinated responses. Your situation model will automatically respond to varying start dates, end dates, and activity duration. You can even run risk simulations and impact analysis on these values. Signals are also used to automatically distribute point estimates over time periods, generate seasonal time series, and signal a sudden shift in a situation due to an event occurring. Tight integration with our rules and conditions engine allows you to project any property based on a related signal

Effortless model building

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Collaboration

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Blueprints

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Time Machine

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Dashboards

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Visualization

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Data Upload

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