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2. September 2015

FICO-Daten-Wissenschaftler Timo Berthold gewinnt Preis für Optimierungsforschung

2. September 2015

German Operations Research Society recognizes Berthold's dissertation on heuristic algorithms; Berthold is part of FICO's research center in Berlin

BERLIN — September 2, 2015

Highlights:

  • Timo Berthold received award for his dissertation from the German Operations Research Society
  • Berthold’s dissertation covers heuristic algorithms and optimization
  • Berthold works in FICO's Berlin research center and is a principal developer of FICO's optimization software
  • Berthold is also part of FICO’s academic cooperation program with Zuse Institute Berlin

Analytics software company FICO (NYSE:FICO) today announced that Timo Berthold, a data scientist working in FICO's Berlin research center, is receiving the "GOR-Dissertationspreis 2015" prize for excellence in Ph.D. dissertations today from the German Operations Research Society (GOR), at the society's meeting in Vienna. GOR’s committee selected Berthold's dissertation from among 18 worldwide that qualified for the annual award. 

Berthold's dissertation was also one of the "final four" in the biannual competition for the EURO Doctoral Dissertation Award (EDDA) 2015 presented by EURO, the European operations research society.

Berthold's PhD research is located at the intersection of operations research, computer science and applied mathematics. He has been working on heuristic algorithms for mixed integer linear and nonlinear programming, and how to integrate them into mathematical optimization software to find provably optimal solutions.

"I work on algorithms that try to rapidly construct a solution for a given system based on mathematical structures, collected statistics or empirical experience," Berthold said. "Such algorithms are used as a kick-starter for optimization procedures." Berthold is one of the principal developers for FICO® Xpress Optimization Suite, the world's premier mathematical modeling and optimization solution.

"Timo Berthold is making exciting contributions to our understanding of how to solve complex problems with analytics," said Dr. Andrew Jennings, FICO's chief analytics officer. "His work will help shape the way data scientists worldwide address optimization problems in the future. Congratulations to Timo for his innovative research."

Berthold is also involved in an academic cooperation program with Zuse Institute Berlin to work on "Next Generation Analytics,"  as part of the Research Campus MODAL program funded by the German Ministry of Science. This program was an impetus for FICO to open its research center in Berlin last year.

"FICO's commitment to Germany as an important research base is bearing fruit," said Phillip Sertel, who oversees FICO’s operations in continental Europe. "In our local research activities related to Big Data analytics, we are collaborating with Germany's leading research institutes and are developing solutions that perfectly match German market requirements."

Berthold's thesis on "Heuristic Algorithms in Global MINLP Solvers" is available here: http://www.zib.de/berthold/Berthold2014.pdf.

Über FICO
FICO (NYSE: FICO) ist ein führender Anbieter von Predictive Analytics und Softwarelösungen für Entscheidungsmanagement, das Unternehmen in über 90 Ländern dabei unterstützt, bessere Entscheidungen zu treffen, um Wachstum, Profitabilität und Kundenzufriedenheit zu steigern. Der zukunftsweisende Einsatz von Big Data und mathematischen Algorithmen zur Erstellung von Prognosen zum Kundenverhalten hat ganze Branchen grundlegend gewandelt. Die Analytics-Softwarelösungen und -Tools von FICO werden in den verschiedensten Branchen verwendet, um Risiken und Betrugsfälle zu verringern, profitablere Kundenbeziehungen aufzubauen, Abläufe zu optimieren und strenge regulatorische Vorgaben zu erfüllen. Many of our products reach industry-wide adoption. These include the FICO® Score, the standard measure of consumer credit risk in the United States. FICO-Lösungen integrieren Open-Source-Standards und Cloud Computing, um so maximale Flexibilität und schnelle Bereitstellung zu ermöglichen und Kosten zu reduzieren. Das Unternehmen hilft Millionen von Menschen dabei, ihren persönlichen Kreditstatus zu verwalten.

For FICO news and media resources, visit www.fico.com/news.

FICO is a trademark or registered trademark of Fair Isaac Corporation in the United States and in other countries.

Newsroom-Kontakte

Greg Jawski
Amerika

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