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Remsoft Provides First Look at New Analytics Technology

September 30th, 2008

User group members meeting in September viewed new collaborative tools before official launch.

FREDERICTON, New Brunswick – Remsoft, developer of industry-leading advanced analytics software for optimizing complex planning tasks, unveiled its newest software aimed at collaboration and at shared intelligence resulting in better decision-making.  Existing Remsoft clients from across North America and Brazil were given a sneak peak and demonstration during a user group meeting in September hosted by the company at its Fredericton headquarters.  The newest addition to Remsoft’s flagship software suite wraps the intelligence of the Linear Programming (LP) solution into straight-forward, task focused applications for non experts to work with and provide feedback. Now, technology and operations personnel of companies across a broad business spectrum can rely on collaborative advanced analytics that include more people in decision making and implementation processes.

“Our software allows people to build mathematical LP representation of their models based on their assets and calculate the optimal course of action.    The assets can be just about anything, from tracts of land, roads and bridges, and carbon emissions credits to manufactured items,” said Andrea Feunekes, co-founder and co-CEO of Remsoft, Inc. “Now, we have added the ability to collaborate with teams and communicate the results to a broad spectrum of audiences.  Collaboration is important for analysts, because it allows them to communicate their findings with others, which enables companies to involve more people in the decision making process.”

Jay Cunningham, P.Eng. Assistant Director, Planning and Land Management Branch, New Brunswick Department of Transportation, attended Remsoft’s user group meeting and viewed the Remsoft Analytics demonstration.  He said, “Remsoft’s newest software solution is a logical and very powerful next step in the development of our highway infrastructure Asset Management Business Framework (AMBF).  The Remsoft software has enabled the Department to run what-if scenarios and effectively predict the consequences and results as it relates to our infrastructure strategic goals and objectives in both the short and long term.  Now, we can strengthen our collaboration with all stakeholders and effectively communicate our findings in ways that even non-technical team members can understand and utilize.”

Remsoft software performs analyses far beyond basic business intelligence.  It provides decision support and guidance aimed at identifying the best and most profitable strategies, and it provides action plans for enterprises.  The software allows users to run what-if scenarios and test tradeoffs among multiple assets to represent unique business or planning challenges.  The new, compiled model format and Analytics technology, extends this capability throughout an organization without requiring extensive training and modeling experience.

About Remsoft
For nearly two decades, Remsoft has built its success on a combination of developing innovative and creative solutions, plus an overriding commitment to quality and unsurpassed service to its clients. Established in 1992 with a handful of clients, Remsoft software is now considered the standard in the resource management industry with more than 120 clients worldwide.

Remsoft software applications are used in diverse industry sectors. The strength of its software lies in its flexibility. It enables analysts to build their own models to meet the specific needs of their industries. The Remsoft system is used in carbon sequestration, biodiversity, soil and water quality management, infrastructure management, logistics & manufacturing optimization, resource allocation & scheduling, certification & compliance, valuation & investment planning, maintenance repair & overhaul, and asset management.  For additional information, go to www.remsoft.com or call 800-792-9468.  Remsoft is located at 77 Westmorland Street, Suite 160, Frederick Square in Fredericton, New Brunswick, E3B 6Z3.

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