Learn what Workspaces are, what they do and gain insights into their various functionalities.

Basic Overview

  • Workspaces are a fundamental part of Valsight and allow you to perform Simulations. They are a sandbox in which you can create Simulation scenarios and visualize the resulting data, as well as analyze and compare them, using tools such as charts and tables.

  • A Simulation Workspace is always based on an underlying Model that structures the relevant data in Nodes and defines their calculation logic.

  • Simulation Scenarios are local to the Simulation Workspace and consist of a list of Assumptions assigned to the Scenario. These Assumptions describe changes to the base data of the Model and can be individually activated or deactivated for a specific scenario.

  • Using Scenarios and Assumptions allows you to analyze different assumed situations and results, enabling valuable insights into the changing outcomes of complex business models.

Core Functions

Workspaces combine three core functions that enable a controlled and comprehensive analysis of Simulations and generated data.

The core functions are:

  • Scenario Manager: Contains an overview of all Assumptions, Line-Items, and Scenarios that change your base data

  • Worksheets: Allow you to dashboard Graphs, Tables, and other representations of your data

  • Charts: Display simulated data in a readable and comprehensive way.

Scenario Manager

The Scenario Manager can be used to create assumptions and line-items to simulate scenarios based on your driver model.

Scenarios represent different situations that are based on different sets of assumptions. 

Assumptions are groups of line-items. They structure incremental changes to its baseline data into manageable groups of economic factors. Examples are "Base Assumptions", containing line-items such as "Inflation" or "COGS", or "Market Assumptions", containing line-items like "Change of Market Share" or "Change of Market Volume". 

Line-items contain possible changes to the data of a single node and allow detailed changes in the data sets. They can be assigned to different assumptions to control precisely which changes to what data you want to examine.

Line-item data can either be adjusted based on adding or subtracting changes to the base data or be set to specific results for easier control. This can be done in the Line-item data view. They can also contain different variants, which are versions of the same line-item.

Charts

Another core feature of a workspace is the creation of charts and tables. These allow an ideal graphic representation of your gathered simulation data and can be configured to display them in the way that best suits your needs.

Valsight offers a multitude of different charts to optimally visualize your data in a workspace.

Representative charts are:

  • Line charts display its data series as connected lines

  • Column charts display data using vertical bars; multiple data series can be displayed next to each other

  • Stacked column/bar chart displays its data using vertical bars and stacks the bars on top of each other if multiple data series are displayed

  • Scenario bridge/Bridge charts display the effect of active assumptions; you can show the effect of all assumptions or the effect of each line item inside the assumptions

  • Area charts are extensions of the line chart with the area below a line being filled with color

An overview of all charts and a detailed description of data visualization can be found here.

Chart Inspector

Each chart can be moved and resized dynamically. A very important part of charts is the Inspector. It grants you complete control over the configurations of any chart or table. Using the Inspector, you can configure the type of chart you want to use and determine which data points, scenarios, and nodes the chart should be based on. You can manually adjust the data series that constitute the axes of the chart and switch them dynamically, if necessary.

By applying filters and adjusting the chart settings, you can control directly which data, factors, and calculations are represented in your graphs. It is also possible to format data points or series, in order to make their influence on the chart more or less visible.

You can also add comparisons of specific data points to emphasize specific differences. Lastly, you can specifically adjust if the chart should contain grid lines, at what rate they should be displayed, and which limits the axes should adhere to.

Worksheets

Worksheets display your charts and tables in tiles, to grant a dashboard overview.

You can create multiple worksheets based on the same scenarios and assumptions. Your worksheets are listed in the tab bar at the bottom of the page. Scrolling through the sheets can be done via the arrows in the tab bar.

Charts are configurable and can be changed in size and color to increase readability and control the manner information is visualized.

Workspace Filters

Workspace filters help you organize your charts and allow quick and easy access to specific information contained within charts. They are filters that affect charts and tables and apply to an entire workspace, including all worksheets belonging to a workspace and consequently all charts positioned within these worksheets.

By applying workspace filters, you can choose which dimensions and levels should be included in your visualizations. This way, you can filter out specific dimensions, levels, or time periods in order to quickly adapt your charts and tables.

To apply workspace filters, click on the funnel icon in the header bar and select “Add filter”. You can then assemble a filter by choosing the conditions you want to filter for.

Filters can be set to include or exclude only values that comply or do not comply with a specific condition. This way, you can filter your data either in- or exclusively.

Step-by-Step Approach

  1. To create a Simulation Workspace, navigate to the list of workspaces by selecting "Simulating" in the navigation bar on the left. You will see a list of all simulation workspaces you have access to.

  2. Click the round plus button in the top right corner, give your new workspace a name, and select the model and scenario to base the workspace on. The selected scenario defines the data baseline that will be used as the basis for all simulations you create in your new workspace.

  3. After clicking "Create workspace", your new Workspace will appear in the list of Workspaces. Click on it once to select it, and you will see details in the Inspector on the right. You can change and adjust all of them, most importantly the simulation horizon. This setting defines the time interval that will be used for all your simulations.

  4. Open your workspace by clicking on its name. You will find it empty, without any charts or assumptions. You can continue by populating your workspace with new

assumptions, sheets, charts, and scenarios via the '+' button in the lower-left corner, or the Scenario Manager button in the upper right corner.


Contact

You may contact the Valsight Customer Support via:

+49 30 46799042

support@valsight.com

Availability: Mon-Fri *, 9 AM to 5 PM (Berlin, Germany) .

*Except Public holidays in Berlin, Germany.