Risk Analysis and Probabilistic Event Analysis Software: ReliaSoft's RENO

Until now, solving complex risk or decision analysis problems required you to purchase a specific tool designed for a specific type of analysis or use some type of a programming language to create your own simulation utility.

ReliaSoft's RENO software is an advanced user-friendly and intuitive software package capable of modeling complex probabilistic events/scenarios through a flowchart interface. RENO can model and simulate a variety of stochastic events. Examples of end-user applications include complex probabilistic risk analysis, event modeling, advanced reliability analysis, financial analysis, forecasting, maintenance planning, optimization, operational research problems and other applications.

Now, with RENO, you can create scenarios graphically (through a flowchart type of an interface), using a set of predefined constructs and function variables. Once the model has been constructed, simulation (through sequential discrete events) can be utilized. All the simulation results are then available to the user through a spreadsheet interface. RENO employs a visual and intuitive flowcharting approach to allow you to build models to analyze even the most complex probabilistic or deterministic scenarios. RENO is unique in the fact that it gives you the flexibility of a computer language, but instead of writing computer code, you use the familiar flowcharting concept to build your analysis (write your "program").

Multiple Document Interface

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Potential Applications
You can use RENO for Risk Analysis, Complex Reliability Modeling, Decision Making, Maintenance Planning, Optimization, Operational Research, Financial Analysis and much more!

Easy to Build Flowchart Models
The software provides a full array of definitions and constructs required to build flowchart models, including constants, random variables, equation variables, conditional blocks, logic gates, result storage blocks, flag markers and more.

Flexible Array of Results with Multiple Display Options
RENO allows you to execute/simulate your flowchart models to generate a wide variety of results, including averages, sums, arrays, minimum/maximum values and last values. Results can be displayed during the execution/simulation, in spreadsheets, in the flowchart and/or in plots.

RENO Simulation

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Intelligent Features for Equation Building
The software provides more than 100 reserved keywords and built-in functions along with intelligent features, such as auto-complete, color-coding and variable preview, to assist with building equations.

Debugger Utility
RENO includes an integrated utility to help you validate and "debug" your flowchart models by allowing you to move through each step in the flowchart and watch the values as each definition or construct is executed.

Sensitivity Analysis and Optimizations
The Sensitivity Analysis feature allows you to vary one or two constants across analyses/simulation runs based on the starting, ending and increment values that you specify. In addition, the software can automatically perform multiple runs to determine the value that minimizes or maximizes a specified result.

Download a copy of the Product Flyer (2 pages, *.pdf format, 536 KB).

See Also:
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