What is Picalo’s relationship to ACL and IDEA?
Picalo is a competitor. ACL and IDEA are two of the most popular data analysis applications used in corporate data analysis. Each has unique features and abilities. The scripting ability of each is great. However, both applications are primarily audit applications rather than general data analysis applications. Picalo contains routines that can be used in many fields, including auditing, fraud detection, and other areas. Picalo’s Detectlet idea and it’s levels differentiate it from ACL and IDEA. The end-goal of Picalo is to create a worldwide repository of Detectlet’s that do thousands of different anlayses. One of the primary differences between these applications and Picalo is the latter is open source. Users can help solve bugs, contribute new modules, and do analyses not possible in closed-source software. Finally, Picalo is built upon Python, a full-featured, mature programming language. While ACL and IDEA define their own languages, Python has existed for over 10 years. Modules t
