Understanding uncertainty in planning and budgeting

The 5-year planning budget of our client, a global pharmaceutical company, contained many risks, including uncertain commercial success of products, risks involving key drug approvals, regulatory and legal uncertainties, etc. Therefore, the client desired to increase the accuracy of its forecasting and budgeting and to better understand what the main risk drivers were. EpiX provided management with insights into the company’s budget risks, worldwide, per region and per business unit, which helped to better focus management’s attention.

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Brief History of EpiX Analytics

EpiX Analytics was founded in 2003 in Princeton, NJ under the Vose Consulting name, and among its offerings it included specialized software to perform Monte Carlo simulations. Read More >>