Tag Archives: Analytics

Analytics & Optimization Supply Chain Management: Empowering the Future

Mar302018

Unleashing the Power of Advanced Analytics…and Students The Supply Chain Management Association (SCMA) runs an annual inter-university competition in Canada that exposes students to the real-world supply chain challenges, including international trade regulations and export tariffs. Over one hundred students from three schools compete in groups of five, and judges select the winning team. As firm believers that the students who try to analyze these kinds of supply chain optimization problems will have a reduced learning curve when they step into their business careers, FICO was excited to serve as a sponsor and judge at this year’s competition. I had the pleasure of being one of the judges, and so last month, I made my way to Hamilton, ON, home of McMaster University’s DeGroot School of Business, site of this year’s event. Now that I’ve seen it for myself, I’m excited to report that the SCMA case competition involves some... [Read More]

Leave a comment

Analytics & Optimization Advancing the Field of Prescriptive Analytics

FICO Xpress Mosel
Feb272018

FICO has a long history of using mathematics and advanced analytics to help businesses make better decisions. As pioneers in this space, we’ve always been committed to developing new technology, from the first commercial mathematical modeling language ‘mp-model’ in 1983, to large scale and parallel distributed computing capabilities in the early 2,000s, to the first and only parallel simplex algorithm. Since 2012 we have  been putting the power of advanced analytics, optimization, and prescriptive analytics into the hands of business users with Xpress Insight. It is with great pride that I share another step forward in our mission. Last week we announced that FICO Xpress Mosel, the leading optimization modeling, analytic orchestration, and programming language is now open and available to everyone free of charge. From the boardroom to the classroom, anyone can now create optimization models to solve problems more efficiently and make better business decisions based on data.... [Read More]

Leave a comment