Javelin Software fell on difficult times when their initial public offering had to be cancelled due to it being scheduled for only a few days after the stock market crash of 1987.
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Javelin Software fell on difficult times when their initial public offering had to be cancelled due to it being scheduled for only a few days after the stock market crash of 1987.
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Javelin Software's assets were later purchased by Information Resources, Incorporated, which sold enhancements to Javelin until 1994 when IRI was itself purchased by Oracle Corporation, who promptly discontinued the product.
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Unlike models in a spreadsheet, Javelin Software models are built on objects called variables, not on data in cells of a report.
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Javelin Software encourages viewing data and algorithms in various self-documenting ways, including simultaneous multiple synchronized views.
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Second fundamental advance in Javelin Software's design is extensive built-in time series modeling, including calendar intelligence.
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Javelin Software was used primarily for corporate and governmental financial modeling, but was used to build instructional models in college chemistry courses, to model the world's economies, and by the military early in the Star Wars project.
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Javelin Software was conceived by co-founder Rob Firmin, Chairman and CEO, whose University of Chicago doctorate research and subsequent financial planning work at Prime Computer led him to creation of the concepts.
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Some parts of Javelin Software's approach were later used by other products such as Lotus's Improv.
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The World Bank modeled the world's economies in Javelin Software and distributed them in Javelin Software format for a number of years.
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