Palisade software is a vital tool in countless industries, particularly in the mining sector. The “Metals & Mining Technology Special” edition of CIO Review features an article by Palisade’s vice president, Randy Heffernan, detailing several success stories.
Heffernan describes how Met-Mex Peñoles and Anglo American used risk analysis software @RISK for applications like Six Sigma, sensitivity analysis, and real options. Mining companies benefit from decision trees also, as in the Metaproject story, in which an analyst uses PrecisionTree to recommend the best method of saving the 33 Chilean miners trapped in a San José mine in 2010.
To read the full story, check out “Armed with the Right Tools, Mining and Metals Projects have Successful Outcomes” in CIO Review.