IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment

As described in its report, IDC defines decision intelligence (DI) as “being a discipline and technology that helps organizations design, engineer, and orchestrate decisions by fully or partially automating all the steps in the decision-making process.” The IDC MarketScape noted, “FICO has been growing rapidly over recent years, now making up a sizable portion of FICO's business alongside the company's legacy credit monitoring capabilities.”

“We believe FICO being named a Leader in the IDC MarketScape report is a testament to our commitment to innovating technology that enables real-time, transparent decision-making at scale to help organizations build deeper, more meaningful relationships with their customers. FICO Platform’s ability to integrate data seamlessly, offer flexibility in decision models, and provide strong AI operationalization capabilities empowers organizations to drive strategic outcomes in an increasingly competitive market,” said Bill Waid, chief product and technology officer, FICO.

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.

IDC, IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment, Marlanna Bozicevich, Megha Kumar, IDC #US51047423,  August 2024. 
All rights reserved.