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Decision Support Systems Software

Vanguard's decision support system software makes it possible to apply decision analysis techniques throughout your organization. It helps you Collaborate with colleagues on important plans, Analyzealternatives using state-of-the-art modeling and simulation techniques, and Automate routine decisions using expert system technology.

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Vasanth Balaji
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764 views

Decision Support Systems Software

Vanguard's decision support system software makes it possible to apply decision analysis techniques throughout your organization. It helps you Collaborate with colleagues on important plans, Analyzealternatives using state-of-the-art modeling and simulation techniques, and Automate routine decisions using expert system technology.

Uploaded by

Vasanth Balaji
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Decision Support Systems Software

Decision analysis is a general phrase describing the broad application of modeling and simulation
techniques for improving decision-making. Vanguard's decision support system software makes it
possible for you to apply decision analysis techniques throughout your organization to problems
ranging from simple projects to enterprise-wide strategic plans.

Unifying People, Analytics, and Systems


The Vanguard System™ is a comprehensive business solution for improving the quality, reliability,
and speed of management decisions. It does this by helping you Collaborate with colleagues on
important plans, Analyzealternatives using state-of-the-art modeling and simulation
techniques,Automate routine decisions using expert system technology, andImprove overall
management effectiveness by adding structure to a normally chaotic process.

Business improvement is all about working smarter. Vanguard brings together the people, analytics,
and systems required to help your business operate intelligently.

Collaborate
The knowledge your business needs to make decisions effectively is divided between individuals
who are spread throughout your organization. The Vanguard System frees you from having to rely
on the analysis of a single planner with second-hand knowledge of critical operations. Instead,
Vanguard directly involves key individuals in a collaborative planning process.

Vanguard's collaboration abilities go well beyond simple communication strategies like Web
conferencing. Rather, Vanguard is based on principles of knowledge capture. Individuals throughout
your organization use our innovative model-based approach to describe to the Vanguard System
how they make decisions or perform particular tasks. In doing this, users capture knowledge, or
know-how, that is specific to your business. The Vanguard System can combine the knowledge
captured by many individuals to create a Collective Intelligence that is useful for testing business
plans and automating routine operations.

Analyze
Vanguard's powerful modeling and simulation technology allows you to test business alternatives in
a virtual world where mistakes are inexpensive. Instead of helping you know only what happens,
Vanguard will help you understand why. What's more, Vanguard can help you anticipate future risks
and opportunities so that you can act rather than react.

Vanguard combines all of the most powerful and essential quantitative methods in management
with features of spreadsheets, artificial intelligence tools, and math applications to produce an
advanced business modeling system. Vanguard's specific capabilities include:

• Forecasting: extrapolating historical performance data to aid in planning.


• Monte Carlo Simulation: modeling uncertainty to help manage business risk and simulate
complex systems.
• Decision Tree Analysis: choosing the best course of action when future outcomes are
uncertain.
• Sensitivity Analysis: determining which assumptions drive your decisions most.
• Optimization: finding the best solution to very complex problems subject to business
constraints.
• General Modeling and Problem Solving: tackling logically complex problems and
communicating your ideas clearly.
• Data Analysis: pulling valuable information from historical or experimental data.
• Advanced Analytics: building models that push the envelope in state-of-the-art business
analysis.
• Application Development: building mission-critical applications based on Vanguard.

Vanguard's layered capabilities architecture

Automate
Many management processes were once considered too complex or too fluid to automate. As a
result, routine business planning at most companies involves copying and pasting data between
spreadsheets, re-building old models, and a significant amount of gut-feel decision-making.
Although this process can work, it is very inefficient and expensive.

Vanguard improves the speed, reliability, and quality of routine decisions by combining its business
modeling capabilities with Expert System technology. Instead of having your management team
repeat the same analysis monthly, you have people in the team describe how they perform their
analysis to the Vanguard System. Then, in effect, the Vanguard System learns the process and can
repeat it for you.

You get business automation via an easy-to-use Web interface without the need for an expensive IT
development.

Improve
Whether it is knowledge-based collaboration, simulations at 1,500 times the speed of spreadsheets,
or advanced Expert Systems technology, each of these Vanguard capabilities is a technological
breakthrough in and of itself. However, taken together, Vanguard sets a new benchmark in
management systems.

It will improve your company's decision-making by improving the analysis on which these decisions
are based.

It will improve the quality of your analysis by encouraging collaboration and the application of state-
of-the-art techniques.
And, it will improve your productivity by simplifying the modeling process and encouraging reuse of
prior work.

Vanguard has the potential to transform your business by improving management team decisions
rather than simply analyzing operational data.

Benefits / Features
• Collaboration: Many individuals simultaneously contribute to a modeling effort. Like
building blocks, easily combine their knowledge, assumptions, and historical data into complete
models.
• Roll up / Drill down: Roll-up your analysis to see high-level views, or drill down into
specific areas of a model for greater detail and understanding.
• Go beyond data: When historical data is scarce, Vanguard knows how to interpret your
management estimates, assumptions, and uncertainties.
• Instant Web reports: With a few clicks, Vanguard turns models into interactive Web
reports. Access your models anytime from anywhere, fully exercise the models in real time, and
distribute your results to everyone who needs them.
• Real-time results: Rest assured you always have the latest results. Vanguard
automatically updates your models as changes are made in any component.
• Open and transparent: Models are displayed graphically and use plain English formulas
making them easy to communicate to colleagues, management, or clients. Anyone can quickly
review assumptions, gain insight into your results, and provide feedback.
• Easy integration: Vanguard integrates directly with your existing business systems such
as databases, enterprise applications, and even spreadsheets.

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