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FICO® Xpress Optimization Suite

Solving your biggest and most complex business problems

Overview

FICO® Xpress Optimization Suite

Today, bridging data and analytics is critical for organizations to make the leap from reactive to proactive, customer-centric decisions. A critical capability inherent in this transformation is prescriptive analytics, which is powered by optimization – namely, determining the right combination of business constraints and goals to determine the best action(s) to take, in increasingly competitive and often disruptive markets.

For the past 30 years, FICO® Xpress Optimization Suite has been on the forefront of helping businesses across multiple industries, of all shapes and sizes, evolve from spreadsheets and BI to prescriptive analytic-powered decisions. As the premier mathematical modeling and optimization solution in the world, Xpress allows operations researchers, analysts, consultants and others to easily create, deploy and utilize business optimization solutions based on scalable high-performance algorithms, a flexible modeling environment, and rapid application and reporting capabilities for on-premises and cloud installations.

Visit the FICO Optimization Community to learn more about what you can do with Xpress, download software trials, get support and talk to the experts!

Core Benefits

Solve any type of optimization challenge

Increase business value

Deliver optimized decisions quickly

Solve any type of optimization challenge

FICO® Xpress Optimization Suite offers powerful and versatile solvers to help you model with greater accuracy and solve highly complex, real-world problems. It provides a wide array of sophisticated, robust optimization algorithms for solving large-scale linear problems and mixed integer problems as well as non-linear problems.

Increase business value

FICO® Xpress Optimization Suite enables businesses to rapidly deploy optimization models as powerful applications using FICO® Optimization Modeler. Optimization Modeler lets teams work in a collaborative environment with interactive visualization and an interface designed for the business user to work with models in business terms. Analysts and analytic teams can use prebuilt solution templates to access a vast array of algorithms to reduce time-to-market and increase business value.

Deliver optimized decisions quickly

Within each FICO® Xpress Optimization Suite component are the most sophisticated modeling and analytic techniques for leveraging today's high-performance multi-CPU, multi-sourced and multi-threaded processing environments. This allows Xpress to take advantage of modern CPU architectures to process millions of variables at great speed and scalability.

Solution Architecture

FICO® Xpress Optimization Suite

The power of optimization can deliver more value, faster if business experts can exploit the power of optimization. FICO® Optimization Modeler, powered by Xpress and available in the FICO Analytic Cloud, enables businesses to rapidly deploy optimization models as powerful applications. It lets teams work in a collaborative environment with interactive visualization and an interface designed for business users to work with models in easy-to-understand terms and account for trade-offs and sensitivities implicit in the business problem. When integrated with decision rules and predictive analytics, Optimization Modeler helps organizations realize the true potential of prescriptive analytics.

Key Features

  • Access algorithms for solving large-scale linear, mixed integer and non-linear as well as constraint programming problems.
  • Powerful solution sensitivity analysis, making it possible to efficiently explore large quantities of "what if?" scenarios.
  • Highly configurable solution that allows you to create powerful optimization applications. 
  • Straightforward, goal-oriented screens put the power of optimization in the hands of business users.
  • Business users can understand trade-offs and sensitivities implicit in the business problem and compare the outcome of different scenarios.
  • High-performance and reliable optimization engines that leverage multiple cores and computers across the network.
  • Xpress-Mosel programming language provides an easy-to-learn, robust way to interact with Xpress solver engines.

 

  • Xpress-Mosel contains drivers for access to text, XML, R, CSV, Excel, Hadoop's HDS, OBDC and Oracle databases and APIs connecting it to Java, C/C++, .NET and other languages and Web services.
  • Xpress and Optimization Modeler capabilities are integrated within the FICO® Decision Management Suite in the FICO Analytic Cloud, enabling organizations of all sizes to leverage the power of optimization.
  • Connects to R and Python, and provides specific capabilities for optimizing under data uncertainty (robust optimization), facilitating the needs of data scientists.

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Pöyry puts muscle behind energy forecasting and modelling using FICO Xpress Optimization Suite

Client: Pöyry, a European energy consultancy, based in Vantaa, Finland.

Challenge: the need to partner with world-class optimization software to move beyond the limitations of spreadsheet modelling and provide customers with fast, data-intensive, multi-country energy analyses.

Solution: FICO® Xpress Optimization Suite

Results: 100x faster runtimes, scalability, increased model accuracy, ability to create complex, multi-country models.