The latest version of Quantrix Modeler from
offers more than just an upgrade of the financial modeling software. For the first time ever, the company has released a standard edition aimed at individual users along with the more advanced professional edition that targets enterprise customers.
First ported to the Mac
last year, Quantrix Modeler is an alternative to traditional spreadsheet applications that plot data along x-y axes. Instead, the program performs multidimensional, quantitative modeling that can be used in business planning, engineering, scientific research, and similar fields.
Quantrix decided to offer a standard version of its modeling software to attract new users who want a more powerful spreadsheet, but don’t necessarily need the full capabilities of the professional edition, said Chief Technical Officer Peter Murray. The company can also offer a standard version at more attractive price to individual users—$329 per desktop user license for Quantrix Modeler 2.0 Standard, compared to $990 per license for the professional version.
Quantrix Modeler 2.0 Professional adds the ability to link directly to databases, Web services, delimited data files, and other custom systems using JDBC/ODBC, SOAP/XML, and direct data import. The new feature lets users get data stored in enterprise applications for use on their own desktops.
Version 2.0 of the professional edition also offers scalability and performance for large models with millions of cells as well as access to the Quantrix Application Program Interface, which lets developers write custom programs and plug-ins for the software.
Both Standard and Professional versions of Quantrix Modeler require OS X 10.3 or later and Java 1.4.2.