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IN THIS ISSUE |
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WHAT'S NEW |
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 Upcoming Web Seminars
(1) The Value of Predictive Analytics in Strategic Corporate Finance
Date: Thursday, May 31, 2007
Time: 9:00 am Mountain Daylight Time (Denver)
Location: Your Desk
Monte Carlo simulation provides significant insight into the aggregate effects of risk and uncertainty in a wide range of corporate financial analyses, from corporate valuation for a merger or acquisition, to complex project planning and capital allocation decisions. Join Steve Hoye, Senior Crystal Ball Risk Consultant, as he gives a high-level overview of how simulation and optimization can be used in these important tasks, and discusses the benefits that can be gained over typical deterministic analytics.
> Register to attend this Web seminar
(2) Portfolio Optimisation in Oil & Gas: An Analysis of Risk and Real Options and Their Contribution to Efficient Capital Allocation
Date: Thursday, June 6, 2007
Time: 9.00am BST (London)
Location: Your desk
How do you figure out which upstream oil and gas projects will be strong contributors to the company and which will be a waste of corporate time and effort? During this one-hour web seminar, join Dave Hammal of Crystal Ball, who will talk about analysing an optimised portfolio of capital projects and examine the sources of systematic and unsystematic risk. We will see how this can help in our funding decisions and the different impacts on the portfolio and its risk/return characteristics.
> Register to attend this Web seminar
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CRYSTAL BALL RESOURCES |
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USER CONFERENCE REVIEW AND MATERIALS
We are pleased to announce the completion of yet another enormously successful annual Crystal Ball User Conference (CBUC). This year's event, was held May 21-23, 2007 at the Westin Tabor Center in beautiful Denver, Colorado. The event was attended by a record 175 customers and partners from over 12 countries and 16 of the U.S. states.
> View the User Conference Press Release
Conference Overview
(click on any picture to view a larger version)
 The 2004 CBUC started Sunday evening with welcome reception of hors d'ouvres and cocktails. Monday morning opened with the keynote "Crystal Ball Applications at Johnson & Johnson," by Dr. Venky Gopalaswamy, Business Improvement Services Group Leader, Johnson & Johnson. The keynote address focused on the deployment history, successful applications, challenges, and lessons learned of Crystal Ball software at Johnson & Johnson, and covered the history of Crystal Ball software use at Johnson & Johnson.
 The remainder of the first day featured case studies in the morning and afternoon workshops. For the first time, in anticipation of the Crystal Ball Monte Carlo Awards (aka "The Monties," see below), Decisioneering® held a morning and afternoon Monties track, where Monte finalists made short presentations describing their nominations. At the midday lunch sponsored by OptTek Systems Inc., makers of OptQuest® software, Decisioneering CEO Jim Franklin presented the latest news and details on the state of the company.
 The Monday evening reception is best described as "glamorous fun." After cocktails and a plated dinner, dessert signaled the start of a lively Monties award ceremony. The audience showed appreciation and support for winners and finalists alike. The evening finished with the ever-popular Monte Carlo gambling night, where attendees had the chance to win at the tables and collect many excellent prizes, some of which had been donated by Microsoft Corporation.
 Tuesday began with "Making Logical Sense of Language," an inventive, humorous keynote by Dr. Deborah Bennett, Professor of Mathematics at New Jersey City University and author of Randomness and Logic Made Easy: How to Know When Language Deceives You. Dr. Bennett challenged the audience to rethink the way they use language to describe logical situations. Many of the attendees are likely still wondering how to solve the confounding THOG problem!
 The second day again featured morning case studies and afternoon workshops, and was followed by an open house at the Decisioneering headquarters just next door to the Westin.
On Wednesday morning, CTO Eric Wainwright and developer Moe Herbert jointly presented a few of the latest developments in Crystal Ball technology. The final half day of programming ended with a final set of case studies and workshops, the conference came to a successful close.
 Papers and Workshops
Couldn't make the conference? You'll be happy to know that some of the materials are now available to the public from our Web site.
Thanks to the generosity of the conference speakers and workshop presenters, you can download all of the papers and most of the workshop PowerPoint presentations. case study presentations and additional workshop materials are not available to non-attendees.
> View the 2007 CBUC papers
> View the 2007 CBUC workshop presentations
The 2007 Crystal Ball Monte Carlo Award Winners
 We are pleased to announce the winners of the 2007 Crystal Ball Monte Carlo Awards (The Monties)!
Winners received their awards in a lively ceremony at the May 21, 2007 Crystal Ball User Conference dinner and Monte Carlo gambling night. The audience warmly
applauded the winners and finalists, who were selected by judging panels of internal and external risk analysis experts.
Earlier in the day, eleven of the finalists presented their Monties in short talks during a well received morning and afternoon conference track.
> View all of the finalists and winners online
> See the available
Monte presentations online
Best Technical Application
"Engine Removal Forecast"
GE Aviation |
Best Financial Application
"Quantifying Financial Risk in Business Case Proposals"
Agriculture & Agri-Food Canada |
Best Student/Academic Project
"Predicting Flight Training Devices (FTDs) at Embry-Riddle"
Kenneth P. Byrnes |
Most Innovative Application
"Domestic Distribution Network Optimization"
Maersk Logistics Inc. |
Most Unusual Application
"A Multiple Criteria Approach to Creating Good Teams Over Time "
Saint Joseph’s University - Ronald K. Klimberg and Kevin J. Boyle |
Lifetime Achievement Award Winner
Dr. Narendra Soman, Master Black Belt,
GE Healthcare Life Sciences |
Finalists and Winners Pose after the Ceremony |
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CRYSTAL BALL EVENTS
ISSSP 2007 Six Sigma Software Tour
June 13 - Dallas, TX
June 14 - Houston, TX
June 20 - Denver, CO
June 21 - Los Angeles, CA
TRAINING SCHEDULE
Crystal Ball Classes
WESTERN US / CANADA
Anchorage, AK: Jun. 26-27
Denver, CO: Jun. 27-28
Seattle, WA: Jul. 18-19
San Francisco, CA: Jul. 21-22
Winnipeg, Canada: Jul. 24-25
Denver, CO: Jul. 24-25
Anaheim, CA: Jul. 31- Aug. 1
Boise, ID: Aug. 7-8
Denver, CO: Aug. 14-15
Albuquerque, NM: Sep. 5-6
Phoenix, AZ: Sep. 11-12
San Diego, CA: Sep. 18-19
Denver, CO: Sep. 18-19
Seattle, WA: Sep. 25-26
CENTRAL US / CANADA
Minneapolis, MN: Jun. 6-7
Chicago, IL: Jun. 26-27
Dallas, TX: Jul. 10-11
Des Moines, IA: Jul. 10-11
San Antonio, TX: Jul. 17-18
Little Rock/Rogers, AR: Jul. 17-18
Milwaukee, WI: Jul. 17-18
Birmingham, AL: Jul. 24-25
Louisville, KY: Aug. 7-8
St. Louis, MO: Aug. 14-15
Nashville, TN: Aug. 28-29
Austin, TX: Aug. 28-29
Kansas City, KS: Aug. 28-29
Chicago, IL: Aug. 28-29
Minneapolis, MN: Sep. 11-12
Cincinnati, OH: Sep. 18-19
Omaha, NE: Sep. 25-26
EASTERN US / CANADA
Washington DC: Jun. 5-6
Toronto, Canada: Jun. 5-6
Islin, NJ: Jun. 12-13
Charlotte, NC: Jun. 12-13
King of Prussia, PA: Jun. 19-20
New York City: Jun. 27-28
Pittsburgh, PA: Jul. 10-11
Washington DC: Jul. 10-11
Ottawa, Canada: Jul. 24-25
Tampa, FL: Jul. 31-Aug. 1
New York City, NY: Jul. 31- Aug. 1
Boston, MA: Aug. 7-8
Washington DC: Aug. 14-15
Raleigh, NC: Aug. 21-22
Toronto, Canada: Aug. 21-22
New Orleans, LA: Sep. 5-6
Rochester, NY: Sep. 5-6
Montreal, Canada: Sep. 11-12
Philadelphia, PA: Sep. 11-12
New York City, NY: Sep. 18-19
Washington DC: Sep. 18-19
Jacksonville, FL: Sep. 25-26
King of Prussia, PA: Sep. 25-26
EUROPE
Frankfurt, Germany: Jun. 12-13
London, England: Jun. 13-14
Munich, Germany: Jun. 19-20
LATIN AMERICA
Caracas, Venezuela: Jun. 12-14
ASIA / AUSTRALIA
Manila, Philippines: May 28-29
Advanced Crystal Ball for Oil & Gas
Calgary, Canada: Jun. 5-6
Houston, TX: Jun. 19-20
Calgary, Canada: Jun 5-6
Oklahoma City, OK: Aug 14-15
Houston, TX: Sep 5-6
Crystal Ball Applications for Six Sigma
Toronto, Canada: Jun. 7
Des Moines, IA: Jul 12
Boston, MA: Aug 9
Washington DC: Aug 16
Chicago, IL: Aug 30
Montreal, Canada: Sep 13
San Diego, CA: Sep 19
Jacksonville, FL: Sep 27
Introduction to Real Options
Frankfurt, Germany: Jun. 14
Chicago, IL: Jun 21
Calgary, Canada: Aug 9
Denver, CO: Aug 16
New York City, NY: Sep 20
Spreadsheet Modeling Techniques for Business: Best Practices
London, England: Jun 15
King of Prussia, PA: Jun 21
Washington DC: Jul 12
Ottawa, Canada: Jul 26
Toronto, Canada: Aug 23
Washington DC: Sep 20
Suggest a training
date or location
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4th Annual Canadian Six Sigma Summit
May 30 - June 1
Toronto, ON
Canadian International Petroleum Conference
June 12-14
Calgary, Canada
International Joint ISPA-SCEA Conference
June 12-16
New Orleans, LA
EXPONOR 2007
June 18-22
Antofagasta, Chile
WCBF 3rd Annual Design for Six Sigma Conference
June 19-21
Chicago, IL
SPE International Oil Conference and Exhibition in Mexico
June 28-30
Varacruz, Mexico
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If you have questions, comments, or reader feedback, please send them to us at newsletter@crystalball.com
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Tomorrow's Forecast is an online production of Decisioneering, Inc. Newsletters are e-mailed to subscribers near the end of the first and third weeks of the month.
This e-mail newsletter is sent only to those individuals who either:
(1) Subscribed at our Web site, a training course, or a tradeshow, or
(2) Downloaded software from our Web site and requested more Decisioneering news.
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To unsubscribe, simply reply to the newsletter with the word 'UNSUBSCRIBE' as the subject of the e-mail. PLEASE leave the body of the message as you received it.
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You can also visit our Web site and follow the unsubscribe directions.
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MICROSOFT EXCEL & THE WEB |
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WEB SITES:
Cheresources.com: online Chemical Engineering Resources
http://www.cheresources.com/indexzz.shtml
Since 1997, Cheresources.com has been providing online content and tools to chemical engineers all over the world, much of which is free, including articles, technical newsletters, message boards, publications, and link directories. The site also offers additional premium content that can be purchased. Of special interest to visitors is the software library section, which includes many free technical, financial and chemical engineering spreadsheets.
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CBUG DISCUSSIONS |
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The Crystal Ball User Group (CBUG) is a Yahoo!® online forum where Crystal Ball users can discuss issues and methods related to Crystal Ball software.
PLEASE NOTE: You have several message delivery options when you join, including whether or not to receive single or digest e-mails. You can also opt not to receive any e-mail and simply log onto the Web site every so often to view discussion. |
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Copyright (c) 2007 Decisioneering, Inc. "Decisioneering" and "Crystal Ball" are registered trademarks of Decisioneering, Inc. All Rights Reserved.
Microsoft, PowerPoint, and Excel are registered trademarks and Vista is a trademark of Microsoft Corporation in the U.S. and other countries.
OptQuest is a registered trademark of OptTek Systems, Inc.
Yahoo! is a registered trademark of Yahoo! Inc.
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May 30, 2007
