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April 28, 2020
BENSHEIM, GERMANY – 28 April 2020
Uniper, a leading international energy company, has purchased an enterprise license for FICO® Xpress Optimization to move its computing to the cloud, develop new business opportunities, and power its global decisioning processes. With Xpress’s flexible licencing model, Uniper can now rapidly upscale its cloud infrastructure as needed, delivering faster results and creating new business opportunities.
More information: https://www.fico.com/xpress
“Uniper needs the smartest technology available to inform our energy production decisions, which is why Xpress models run at the core of a number of our decision processes,” said Colin Silvester, Senior Modelling Expert at Uniper. “The first-class service we’ve received from the FICO team for the past 20 years only cemented our recent decision to upgrade our Xpress solution to enterprise-level. FICO has earned its reputation as a leader in optimization technology.”
Uniper has used FICO® Xpress Optimization on seven previous projects to maximize value from volatile energy markets over the past 20 years. With this enterprise-level upgrade, Uniper will be able to expand its existing projects:
“The energy industry is rapidly expanding its use of mathematical optimization across a wide array of business areas, from supply chain management to clean energy production,” said Mark Collingwood, FICO vice president for decision management solutions in Europe, the Middle East and Africa. “The adoption of FICO Xpress Optimization at enterprise level will streamline and improve Uniper’s existing decision processes, while building on the success of previous projects.”
Uniper is a leading international energy company with around 11,500 employees and activities in more than 40 countries. With about 34 GW of installed generation capacity, Uniper is among the largest global power generators. Its main activities include power generation in Europe and Russia as well as global energy trading, including a diversified gas portfolio that makes Uniper one of Europe’s leading gas companies. In 2019, Uniper sold a gas volume of 2.179,3 bln kWh. The company is headquartered in Düsseldorf, being the third-largest listed German utility. Under its new strategy, Uniper aims to become carbon neutral in Europe by 2035.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.
Learn more at https://www.fico.com
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
FICO PR Team UK
Wendy Harrison/Parm Heer/Matthew Enderby
0208 977 9132
Europe, Middle East & Africa
+44 (0) 209-940-8719
+1 786 482 7231
+55 11 5189-8258