Quantrix says it has released version 3.7 of its business modeling and analytics (BMA) software solution, Quantrix Modeler. The new version improves the ability to extract data from enterprise databases for modeling and calculation, and to then push data back into enterprise databases for sharing and reporting. Quantrix Modeler and integration add-ons, DataPush and DataNAV, enable financial and business planners to understand the impact of decisions by creating multiple “what if” scenarios, speed the budgeting process via distributed planning, and reduce the errors associated with traditional spreadsheet-based models.
The new version, Quantrix 3.7, can use any relational database management system to improve integration with enterprise databases, including SQL Server and Oracle, and enables users to conduct multiple data pushes within a model. It also adds a number of improvements, including a model browser filter that enables users to find the right business model components, a view-synchronization feature, and multiple formatting improvements that ease day-to-day use of the software.
Power Market Consulting, Inc. uses the systems to provide a Software-as-a-Service (SaaS) offering that enables electricity traders to perform analytics on market transaction data from the California Independent System Operator (CAISO). Called OASISLive, the offering enables the market participants to leverage very large volume of electricity market data to gain valuable insights without the high cost of business intelligence infrastructure. “OASISLive uses Quantrix Modeler because it provides a powerful modeling environment in which market participants themselves can build live queries and gain valuable, real-time market insight, and develop strategic responses” says Henry Shin, President, Power Market Consulting, Inc. “Our clients don’t need to download raw data and have their IT teams build custom reports – the Quantrix interface using DataNAV enables users to navigate through complex set of data without having the database expertise. DataNAV brings much-needed data integrity to the enterprise data management, because DataNAV is fast and easy to use, our clients can build their custom reports from the same enterprise-wide data.”
