Being able to predict the impact of change can reduce risk, reduce time to decision, and raise the quality of a final outcome.
Software tool developer mrc has announced an advanced reporting technique for m-Power—the "What-if Analysis." m-Power is software that modernizes legacy applications and rapidly creates Web applications, such as report-writing, business intelligence, executive dashboards, e-commerce, customer portals, and wireless applications, to name a few.
The new What-if Analysis lets business leaders assess potential business changes before they happen. Using past business data, users can see how different changes would affect various aspects of their business. Here are a few notable benefits of the new What-if Analysis report:
- Decrease Risk: What-if Analysis allows leaders to better predict the outcome of their decisions, lowering the risk normally associated with decision-making. For example, before raising prices by 10 percent, a manager can use What-if Analysis to predict whether or not that change will help or hurt business.
- Reduce Decision Time: What-if Analysis lets users quickly test a wide variety of scenarios using real-time data pulled straight from the database. There's no need to collect data or run different reports for different scenarios. It lets users make quick decisions based on the most up-to-date data possible.
- Improve Decision-making: "What-if Analysis predicts which decisions will help business and which will hurt business. Additionally, it may bring attention to previously overlooked changes that might benefit the company.
"'What-if Analysis is really a must-have tool for any decision maker," says Brian Crowley, mrc's director of Development. "The ability to predict outcomes before they happen is extremely valuable in the current economic climate."
A live demonstration of m-Power's new What-if Analysis can be found at http://www.crazybikes.com/mrcjava/servlet/CBB2E.R00190s. To learn more, contact mrc by phone at 630-916-0662; by fax at 630.916.0663, or e-mail at
About mrc
mrc's Web application development tool, m-Power, is used to create business applications and can run on any platform that supports Java (e.g. OS/400, Linux, Unix, and Windows). Applications access DB2/400, Oracle, MySQL and MSSQL, or any combination thereof. Using these development tools, users create an endless variety of Java-based business Web applications from simple queries to reports, to complex custom enterprise systems and dashboards. mrc was a recipient of the 2004 Apex Award for application development, is a longtime IBM Business Partner, and has been producing award-winning development software since 1981.
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