Boost Speed and Scalability with Latest FICO Platform Innovation

The latest enhancements to FICO Platform, our decision intelligence platform, give you an even faster go-to-market time for strategies and analytics

In the enterprise decisioning platform world, leadership is determined by who can deliver the highest-performance, most scalable decisioning solutions fastest. FICO Platform continues to stay at the forefront because our users are innovators and early adopters who want to continually push the boundaries of their workflows and what they can do using a platform. The latest release of FICO Platform gives you an even faster go-to-market time for strategies and analytics.

Some of the new capabilities in the summer 2024 release of FICO Platform include:

  • Data Connection and Ingestion Services — Improved data processing configuration options, to help you manage burgeoning demands for data across workflows and lines of business.
  • Enterprise Optimization — Industry-leading algorithm for large-scale models helps you find mathematically optimal outcomes to global problems 4X faster than before.
  • Applied Analytics & Machine Learning — Enhancements to our credit risk modeling tool, including new business-friendly parameters, and other capabilities to ensure flexibility, rapid execution and results.
  • Intelligent Decisions and Digital Twins & Simulation — New capabilities for back-testing proposed strategies against historical decisions, to optimize and gain higher confidence in their projected outcomes.
FICO Platform decision modeling
With FICO Platform, you can simulate complex and layered business decisions in a few simple steps.

As with all FICO Platform releases, these new enhancements are focused on helping you in five ways:

  1. Unify all of the information, domain expertise, and decision assets from across the company and integrate it into enterprise intelligence network.
  2. Foster collaboration, ideation, and synergy among top domain experts, to consolidate the heuristic knowledge and best thinking from your business, technology and customer-facing experts.
  3. Create and leverage composable decision assets to allow non-technical users to build, test, and deploy powerful, proven decisioning capabilities without IT assistance.
  4. Simulate and optimize strategies before they are put into production: this gives you high certainty that programs will perform as desired when launched.
  5. Ensure automated, seamless, personalized customer experiences across channels: the key to customer satisfaction, loyalty, retention and lifetime share-of-wallet.

These are each milestones in any digital transformation effort where the end-goal is customer centricity. They are designed to help you break through current roadblocks: siloed technology and business units; applications not designed to interoperate; IT resource limitations; and the lack of ability to holistically manage customer interactions. FICO Platform removes these roadblocks, to help you transform disassociated data into valuable insights faster than before, helping you accelerate market speed and scale up automation in your business.

Learn How FICO Platform Can Power Your Digital Transformation and Boost Collaboration

chevron_left Blog home
RELATED POSTS

Take the next step

Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.