SOURCE: Palisade Corporation

Palisade Corporation

September 13, 2011 14:26 ET

Risk Analysis Solution Leader Palisade Corporation Offers Risk Seminar for Industry in Bangkok

Event Addresses Key Industry Risks, Offered Free of Charge

SYDNEY, AUSTRALIA--(Marketwire - Sep 13, 2011) - Palisade Corporation, the market-leading developer of risk and decision analysis software, will present a new, half-day seminar on the strategic and practical uses of risk and decision analysis for industry. The event will be held at the Millennium Hilton Hotel in Bangkok on September 15.

This important event will address topics critical to businesses in Southeast Asia including insurance risk, cash flow analysis, manufacturing production forecasting, demand forecasting, pricing and plant sizing. The session will be led by Palisade expert Mark Meurisse, a seasoned risk analyst with more than fifteen years of experience in a variety of sectors. Discussions will include the use of Monte Carlo simulation and other powerful techniques. With Monte Carlo simulation, you can examine thousands of different scenarios at once. The result of a Monte Carlo analysis tells you the probability of different events occurring, as well as the impact of those events.

In the increasingly volatile global economy, planning for risk is more important than ever. For this reason, the event is being offered free of charge to all interested professionals. According to Randy Heffernan, vice president at Palisade, "It is very important to us that we educate as many people as possible on the use of these powerful techniques. Particularly in Thailand and Southeast Asia, planning for low probability, high impact risks is a mission-critical business function, and with a little training and the right tools, it can be done quickly and effectively." Interested parties should go to to register, call +61 2 9252 5922, or email

Palisade Corporation is a global expert in quantitative risk analysis. The company's best known products are @RISK and DecisionTools Suite line of risk analysis and decision support software that adds-in to Microsoft Excel. Palisade's Asia-Pacific headquarters are in Sydney, Australia.

Palisade has experienced an increasing demand for @RISK and the DecisionTools Suite in Southeast Asia in recent years. Manufacturing, oil and gas, finance, shipbuilding, utilities, and insurance are a few industries adopting Palisade software solutions in the region. In addition, many university MBA programs are turning to the DecisionTools Suite software to teach the next generation of business leaders how to perform risk analysis.

Headquartered in Ithaca, New York, USA, Palisade was founded in 1984, and also maintains offices in Tokyo, Japan, London, England and Rio de Janeiro, Brazil.

Contact Information

  • To contact Palisade Asia-Pacific:

    Suite 404, L4,
    20 Loftus Street
    Sydney NSW 2000

    Tel: +61 2 9252 5922
    Email: Email Contact