Dimension 2019 in Pictures

Earlier this month, Quantrix hosted the Dimension 2019 conference. Attendees from the United States, UK, Canada, Switzerland, Austria, Panama and Australia gathered in Portland, ME to learn, collaborate and share! The three-day conference featured a variety of engaging day and evening events. If you were unable to attend the conference this year, here is a recap.

Day 1:

The first day of the conference focused on the product. There were learning sessions in the morning followed by Modeler and Qloud new feature presentations in the afternoon. In the evening, attendees convened for a cocktail hour before heading out on an Escape Room adventure.

            

Day 2:

Much of the second day was led by Quantrix customers. In addition to customer-led learning sessions, there were also three Customer Use Case Presentations. During the Use Case Presentations, customers shared their Quantrix stories.

  • Gregg Ibendahl, Ph.D., an Associate Professor in Agricultural Economics at Kansas State University, explained how Quantrix helped him develop a Farm Simulation game for his capstone farm management class.
  • Mike Stephenson and Tyler Billings from BH Management Services, LLC presented their newly branded BH Balance and BH Project Pro in a Qloud demonstration. Additionally, they also showcased their ability to pair a QR/Barcode scanner to a Quantrix model.
  • Dr. Stuart Ward from IDBS discussed the use of Quantrix Enterprise in E-WorkBook. E-WorkBook is a scalable R&D scientific data management software solution, used widely in the Life Science Industry.

In the evening, attendees took a cruise of Casco Bay and enjoyed a lobster dinner.

           

During dinner, gifts were given to the speakers and awards were presented to some community members!

           

Day 3:

The third and final day of the conference provided attendees the opportunity to ask questions and share their feedback with the Quantrix development team. To create the best product possible, it is crucial to gain input from users.  Day 3 also featured the Production Direction Presentation. This presentation discussed where Quantrix will be headed in the future.

To find out more about each of the presenters, click the links below:

Thank you to the Quantrix team, the conference speakers, attendees and the Westin Portland Harborview for making Dimension 2019 a great success!

Meet the 2019 Conference Speakers – Part 7

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In our 7th and final installment of our conference speaker blog series, you will learn about another one of customer use case presenters.

Speaker: Dr. Stuart Ward, Director of Platform and Solutions, IDBS

Stuart is Director of Platform and Solutions and responsible for ensuring that IDBS products meet the needs of customers. He has grown the IDBS Product and Solution Owner team so that it can provide the necessary domain experience required by the agile development teams to create software and solutions which can facilitate R&D.

Before starting this role in January 2014, he was Product Manager for E-WorkBook for four years and worked in IDBS Global Professional Services for five years, responsible for deploying IDBS’ products both from a technical and project management perspective.

Prior to working at IDBS, Stuart completed a Post-Doctoral fellowship at the NIH and then worked for Ionix Pharmaceuticals. Stuart obtained his PhD in Pharmacology from the MRC National Institute for Medical Research (University of London)

Talk Title: What benefits does Quantrix Enterprise provide to the Life Science Industry?

In this presentation Stuart will talk about how IDBS uses Quantrix Enterprise in E-WorkBook, which is a scalable R&D scientific data management software solution, used widely in the Life Science industry.

IDBS has taken the Quantrix technology, embedded it into E-WorkBook to provide a seamless user experience and added extra capabilities to meet the needs of both non-regulated and regulated (GxP) domains, for example Good Laboratory Practice and Good Manufacturing Practice. This provides the flexibility to meet the changing needs of businesses, and their scientists, whilst making sure that the data collected still has the necessary data integrity to meet intellectual property needs and the needs of regulators. The Quantrix-IDBS partnership delivers a win-win combination!

Meet the 2019 Conference Speakers – Part 6

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In this blog series, you will learn about each of the speakers as well as their presentation topics.

Speakers: Mike Stephenson and Tyler Billings – BH Management Services, LLC

Mike Stephenson, Director of Business Intelligence Systems 

Mike joined BH in December of 2014, and has 15 years of multifamily property management and renovation experience.  He spent over 10 years in multiple onsite operational rolls, and since has served as a Revenue Manager and BI Analyst Manager at BH. He currently oversees BH’s data driven processes including key performance indicators, community benchmarks, SQL data warehouse, dashboards and multi-dimensional financial modeling.  He is a member of BH’s IT Committee and Budget Steering Committee. Mike earned a B.B.A. in Computer Information Systems from Tarleton State University.

Tyler Billings, Senior Business Intelligence Analyst

Tyler joined BH Management in February 2018 and has 11 years of multifamily real estate management experience. During that time, he gained extensive onsite and revenue management experience. Prior to multifamily real estate management, Tyler spent 4 and a half years in the United States Navy attached to the United States Marines Corps. Currently, Tyler manages all the BH Quantrix projects and assists in teaching basic Quantrix use at BH. Tyler holds an MBA and is currently writing his dissertation at University of California Intercontinental.

Use Case: BH Balance and BH Project Pro

Conference attendees will join Mike and Tyler for a Quantrix Qloud demonstration. The demonstration will showcase the newly branded BH Balance and BH Project Pro.

BH Management uses Balance for operational and due diligence budgeting in a layered workflow that powerfully builds budgets for 300 individual apartment communities.

Project Pro is a 2019 addition to BH’s Qloud models, and easily allows BH Construction to track projects and blend data from capital, rehab, and insurance projects with operational methods and operating procedures.

As an added bonus, BH Management will also be discussing their ability to pair a QR/Barcode scanner to a Quantrix Qloud model.  They are able to feed data into a mobile friendly model through the device.  The goal is to track apartment turn times and appliance inventory in the future!

2019 is the year of automated and aggregated Quantrix models at BH.  This aggregation is made possible by the Quantrix Qloud Push function and scheduler.

Quantrix is a powerful tool and our customers are consistently finding new ways to utilize Modeler and Qloud. Stay tuned to our future blogs to learn about the other presentations!

Meet the 2019 Conference Speakers – Part 5

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In this blog, you will learn about another one of our speakers as well as their presentation topic.

Speaker: Gregg Ibendahl, Ph.D., Kansas State University

Gregg Ibendahl is an Associate Professor in Agricultural Economics at Kansas State University. His specialty areas are farm management and agricultural finance. Dr. Ibendahl grew up on a grain and beef farm in Southern Illinois and worked for six years in private industry before returning to graduate school. His work experience includes Mobay Chemical and Dekalb Genetics (now part of Bayer). His Dekalb experience included time working for both the swine division and also the quality assurance seed lab.

Dr. Ibendahl earned a Ph.D. from the University of Illinois in agricultural economics and has held academic positions at the University of Kentucky, Mississippi State University, and now Kansas State University. He also has an M.B.A. degree from Northern Illinois University. His undergraduate degree is from Southern Illinois University with a major in agricultural mechanization and a minor in computer science. Being an Extension professor has afforded Dr. Ibendahl a chance to work with farmers out in the field, helping them solve production and financial problems.

Presentation Topic: Using Quantrix in an Academic Setting

Dr. Ibendahl teaches a capstone farm management class at Kansas State University. He wants students to learn to make decisions in more of a realistic environment. A farm simulation game where students must make decisions about crop acreage, financing, machinery purchases, and purchasing and renting land was an ideal way to help students learn. As part of the simulation game, students make a variety of decisions, even when the future is unknown. Quantrix is ideal for creating a simulation game. Each table in Quantrix represents one element of the simulation. Scaling the game to add either more students or more simulation years is just a simple matter of adding new lines.

Stayed tuned to our future blogs to learn about the other speakers!

Meet the 2019 Conference Speakers – Part 4

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In this blog, you will learn about another one of our speakers as well as their presentation topic.

Speaker: Rich Lopez, Litehouse Foods

Rich has deep experience with Quantrix, and he has created over 295 YouTube tutorials about Quantrix as the Quantrix Authority (www.youtube.com/quantrixauthority).

Rich creates Quantrix models for Litehouse Foods to support budgeting and forecasting, manufacturing and capacity, and more.

Rich loves everything Quantrix and tries to answer any Quantrix related questions at quantrixauthority@gmail.com.  He provides support to Quantrix users worldwide.

Although Rich is skilled in using multiple software tools and technologies, he has settled on Quantrix as his tool of choice! He has over 13 Years of experience using Quantrix and started using Quantrix 2.9.

A graduate of Brigham Young University, Rich is a father of three, husband, and a member of the Church of Jesus Christ of Latter-Day Saints.  When Rich isn’t living the dream working in Quantrix or making YouTube videos, he enjoys snowshoeing, mountain biking, hiking, and backpacking with his kids.

Session Title: Quantricks and Tips for Quantrix Mastery

Rich Lopez, the Quantrix Authority on YouTube, will race the clock to see how many quick tips he can fit in during one jam-packed session. This will be a fun and fast-paced session and you’ll be sure to find some useful tips that you can use immediately in your Quantrix models.  Rich will be covering a wide array of topics.  He will be showing/demonstrating the tips so you can follow-along!

These sessions offer a valuable learning opportunity. Stayed tuned to our future blogs to learn about the other speakers!

Meet the 2019 Conference Speakers – Part 3

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In this blog series, you will learn about each of the speakers as well as their presentation topics.

Speaker: Steve Bailey, Foreside Group

Steve Bailey will be leading one of the conference learning sessions. He is the founder and principal of The Foreside Group and has been a Quantrix customer, employee and consultant for 16 years. With a wealth of Quantrix knowledge, Steve will discuss variety of topics during his session.

Session Title:

“Steve-isms, Tool Time, and ‘Tales from the Script’”

Steve will focus his time on three topics:

  • Quantrix Theory and Concepts: understanding the five layers of Quantrix and how to use each to your advantage when building a model from scratch.
  • SELECT/USING AS, CASE and SWITCH: adding powerful techniques to make your model easy to maintain and behave like an application from the user’s perspective.
  • Database Integration and Scripting: Making your models work together in an eco-system with easy to create automation.

These sessions offer a valuable learning opportunity. Stayed tuned to our future blogs to learn about the other speakers!

Meet the 2019 Conference Speakers – Part 2

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In this blog series, you will learn about each of the speakers as well as their presentation topics.

Speaker: Tahir Tahirov, Smart Modeling Solutions

Tahir Tahirov will be leading one of the conference’s training sessions.

Tahir Tahirov is the Principal of Smart Modeling Solutions and is based in Vienna, Austria. Tahir has over 19 years international business experience in petroleum, energy economics, financial modeling, software implementation, planning, budgeting and project management.  Additionally, he has over 10 years of Quantrix modeling experience in energy, petroleum, construction, cruise port operations and real estate. He also speaks 5 languages.

Training Topic:

Creating a Compelling Canvas and Modeling Football Contracts

Tahir has chosen to focus his training session on two widely applicable areas.   He will demonstrate how to create compelling data visualizations in Quantrix using custom icons and interactive maps to enhance user navigation. Further, in his section entitled: It’s Only a Game, Tahir will showcase the ability of Quantrix to model soccer player contracts and performance.

The Training Sessions offer a valuable learning opportunity. Stayed tuned to our future blogs to learn about the other speakers!

Meet the 2019 Conference Speakers – Part 1

Each year during the Quantrix Dimension Conference, attendees take part in Training Sessions and Customer Use Case Presentations. These sessions and presentations are led by incredibly knowledgeable speakers. With unique backgrounds and perspectives, the speakers offer a novel take on the software we all know and love!

In this blog series, you will learn about each of the Dimension 2019 speakers as well as their presentation topics.

Speaker: Valerie Grenier, Tesser Consulting

Valerie Grenier of Tesser Consulting will be leading one of the conference’s training sessions.

Formerly the Professional Services Lead at Quantrix, Valerie was responsible for helping companies get the most value from their modeling solutions from initial start-up to advanced model development. Valerie is currently serving as a Senior Consultant at Tesser Consulting where she helps customers build and deploy effective business models.

An expert Quantrix modeler with over twenty years of experience in finance and accounting, Valerie provides training, consulting and model building services to Quantrix users around the world. Her experience extends to several industries including: Manufacturing, Agriculture, Retail, Higher Education, Energy and Property Management.

Valerie earned a Bachelor of Sciences in Accounting and Finance from the University of Southern Maine.

To appeal to a wider audience, Valerie has chosen a topic that potentially impacts a variety of businesses.

Training Topic:

Experienced User Track – A Firm Foundation
A well-structured model is at the core of making the most of range-based formula writing in Quantrix. Lead by Valerie Grenier of Tesser Consulting, this session focuses on taking a simple financial exercise, common to most businesses, and will illustrate some of the latest in data connectivity.

The Training Sessions offer a valuable learning opportunity. Stay tuned to our blogs to learn about the other speakers!

A Better Financial Planning Software

Financial advisors and corporate finance departments are always looking for better ways to plan. People working in this field utilize existing data to help determine the best decisions moving forward. Cash, asset and investment figures, along with educated assumptions about the future, give finance departments enough information to inform key decision makers about forthcoming deals.

As these deals can have major impacts on individuals and businesses, it is vital that financial analysts are using a professional software, capable of handling multiple scenarios. With a multi-dimensional calculation engine, Quantrix Modeler is able to handle these types of tasks.

With ‘one-click,’ Quantrix users can add scenarios into their models to ask ‘what-if’ questions.

Further, analysts should use a software that is accurate. Corporate managers should feel confident that they are making sound decisions, backed up by their data. Unlike some traditional spreadsheet tools, Quantrix utilizes natural language formulas, which often decrease the number of overall formulas. Cell-based formulas calculate based on the cell’s location (ex. = B34 – C34).  Natural language formulas, on the other hand, calculate based on titles, as shown below:

Without as many formulas, there is less to audit and worry about. However, it is nonetheless important for users to have the ability to go back and verify their calculations. That is why Quantrix Modeler offers a dependency inspector. The Quantrix dependency inspector allows users the ability to trace their formulas back to their start.

Once calculated, the models can easily be shared in Qloud, the Quantrix online environment. Management can review and edit the financial planning models, then make their decisions. The ease of use and peace of mind that Quantrix offers is a perfect combination for anyone looking to use financial planning software.

Want to try the software? Request a free trial!

Online Spreadsheets: A Look Ahead

Corporations and consultants have evolving needs when it comes to online spreadsheets. This blog discusses those needs and how Quantrix can meet them.

For Businesses:

Today, companies require high levels of collaboration and interaction. Many businesses employ people working in locations all over the globe. With such geographical diversity, it is crucial that information reaches key decision makers in a timely manner. Some of the most important pieces of information for management to review are financial models and the accompanying spreadsheets. Historically, in an online world, companies had to email files back and forth. More recently, files have been saved in a centralized cloud for people to review. Quantrix gives companies a vision of the future. Employees can create models in a structured multi-dimensional platform via Quantrix Modeler and then upload the models to Quantrix Qloud.

Qloud is the Quantrix online environment where users can review, edit and share their models. Qloud allows users the ability to grant unlimited access to specific users, while restricting figures/numbers from others. For example, one manager is granted access solely to the finances of the eastern region and another is granted access solely to the western region. Through enhanced roles and permissions functionality, this specificity can be tailored to fit your company needs. Additionally, when granted access, the manager Qloud user can then make edits to the model, changing scenarios to see different views of the future. Further, after making modifications, users can save their changes and add notes so that any future user will know that adjustments have been made.  See image below.

In Qloud, multiple people can work on the model at once with the ability to see changes in real time and communicate with each other directly through the online chat feature. This type of immediate interaction is critically important for companies needing a quick turn-around, or for companies with highly collaborative environments.

For Consultants:

Consultants work to uncover and solve a variety of business matters. Although client needs may differ, the paths that consultants take can be similar:

Consultants:

  1. Collect the data
  2. Organize and model the data
  3. Tell the story of the data
  4. Make recommendations

To manage the data involved in this process, consultants have many tools at their disposal. However, these options are not created equal. Consultants want the same type of coverage explained in the business section above plus they also have the added concern of their own privacy. Consultants may use a specific methodology they do not want to share. With Quantrix, consultants can show the necessary results to their clients without showing their underlying processes, protecting their highly valuable intellectual property.

Summary:

The world is constantly evolving. The software that businesses and consultants use needs to evolve at the same pace. When corporations have offices all over the world, it is vital that they can communicate and collaborate as quickly as necessary for success. Likewise, consultants must be able to create and share their figures with ease while maintaining model integrity. Instead of relying on spreadsheets, use Quantrix.  Our software is the best option for any online collaborative modeling use case.

Click here to book a demo or click here to download a free trial!

Mike Salisbury, Director