Advanced Computing in the Age of AI | Tuesday, April 30, 2024

Quantrix Releases Enterprise Qloud 

Quantrix announces the release of Enterprise Qloud, a cloud-based version of its Quantrix Modeler business modeling and analytics solution that enables customers to host models in their own private cloud environment. It also announces changes to its Hosted Qloud environment that ease collaboration and sharing of business models for planning, budgeting, and forecasting. Quantrix Modeler is a multidimensional business planning software solution that enables financial professionals to break away from the restrictions of spreadsheet technology and enterprise business intelligence applications to quickly develop financial models of the highest integrity, flexibility, and transparency.

"Business and finance professionals need to collaborate on models, and cloud-based access is key. But companies need options beyond the public cloud. These new enhancements to the Quantrix Qloud give the right access for every business," says Michael Salisbury, Senior Product Manager, Quantrix. “Enterprises can now host collaborative models in their own environment, and other firms and consultancies can use our hosting while providing levels of access that meet their needs and their budget.”

With Enterprise Qloud, companies can share and collaborate on cloud-based models that are hosted on their own network and behind company firewalls. This version is ideal for companies that restrict information sharing on publicly hosted networks, but that need to provide a holistic view of consolidated financial data, have distributed operations, or want to improve model collaboration and access in business planning and decision-making. In a recent survey of business and finance professionals, Quantrix found that a full 54 percent of respondents cite that better web accessibility makes business-planning tools more useful.

Quantrix also has improved collaboration offerings on its Hosted Qloud services, where customers can host and share models on the Quantrix Qloud. Modelers now can share models without requiring users to purchase a subscription to the Qloud. In addition, modelers can assign access levels to users for viewing and editing. Consultancies can develop and deliver interactive models to clients with real-time data, with no desktop software to install, or servers to purchase and manage.

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