Make accurate predictions

Sophisticated Neural Networks in Excel with NeuralTools

Make intelligent predictions with Lumivero’s sophisticated neural networks tool, NeuralTools. By identifying patterns in historical or new, incomplete data, NeuralTools can provide insight to help guide big decisions. Plus, NeuralTools can automatically update predictions when input data changes, saving time and enabling more robust analyses.

Utilize Data to Create Predictive Neural Networks

NeuralTools is a sophisticated data mining application that uses neural networks in Microsoft Excel, making accurate new predictions based on the patterns in your known data. NeuralTools imitates brain functions in order to “learn” the structure of your data, taking new inputs and making intelligent predictions. With NeuralTools, your spreadsheet can “think” for you like never before.

What is NeuralTools?

There are three basic steps in a Neural Networks analysis: training the network on your data, testing the network for accuracy, and making predictions from new data. NeuralTools accomplishes all this automatically in one simple step. NeuralTools automatically updates predictions when input data changes, so you don’t have to manually re-run predictions when you get new data. Combine with Palisade’s Evolver or Excel’s Solver to optimize tough decisions and achieve your goals like no other Neural Networks package can.
Works with Microsoft Excel
Make Predictions with Incomplete Data
Automatically Update Predictions when Data Changes
Use for Both Categorical and Numeric Data

How NeuralTools Is Used

NeuralTools has a multitude of applications, including:
Credit & Fraud Risk
Leverage known data on previous loans and transactions to predict future outcomes with new credit applicants or new, real-time transactions.
Investment Planning & Portfolio Optimization
Predict performance of portfolio assets (such as stocks, bonds, real estate, or projects) based on historical data sets and new, incomplete information.
Engineering Reliability
Predict the risk of equipment failure or safety violations using past data. Identify areas of weakness to ensure quality results and prevent failures.
Capital Reserves
Intelligently predict future reserves needs based on experiential and industry data sets paired with current, incomplete data.
Oil, Gas, & Mineral Reserves
Using known geological and mineral reserves data, predict the likelihood of success given new, incomplete survey and testing information.

Key Features

Train, Test, and Predict in One Step

NeuralTools performs all three basic steps of a Neural Networks analysis in one simple step. Save time and hassle in setting up your analyses.

Live Prediction

NeuralTools automatically updates predictions when input data changes, allowing for real-time optimization of input variables. (Industrial edition only).

Variable Impact Analysis

NeuralTools ranks the effect of input variables on predictions, and new input variables can be selected or emphasized for more accurate predictions.

Training Sensitivity Analysis

This feature shows users the reliability of test results based on the size of the testing data set.

Variable Matching

Set up your decision tree in Microsoft Excel exactly as you need it with logic nodes, reference nodes, linked trees, custom utility functions, and influence diagrams.

Neural Networks Manager

NeuralTools helps you keep your Neural Networks organized for quick retrieval, enabling easy management of many trained Neural Networks.

Enterprise Licensing
Better Research, Insights, and Outcomes for All

Whether your organization’s focus is qualitative, quantitative, or mixed methods data analysis, we can help your whole team work better together — collaborating to aggregate, organize, analyze, and present your findings. Lumivero’s enterprise licensing options offer volume pricing for teams and organizations needing nine (9) or more licenses.

Enterprise licenses allow the flexibility to install Lumivero software and solutions on multiple computers (up to the maximum number of licenses that your site has purchased) with a centralized management solution.

Lumivero’s team-based solutions allow you to:

Stay up-to-date with free upgrades to the latest releases
Reduce IT costs with one platform deployed across your organization
Reassign licenses to different users as teams evolve
Centralize license and subscription management in one place
Streamline budget allocation, especially for smaller groups and consultancy firms
Enjoy a Dedicated Customer Success Manager and pro-rated rates for new users

Included with The DecisionTools Suite

The complete risk and decision analysis toolkit, including @RISK, PrecisionTree, TopRank, NeuralTools, StatTools, Evolver, RISKOptimizer, and ScheduleRiskAnalysis.

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