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“The FICO Xpress Optimization Suite underlies some of the biggest, most expensive problems that we solve at the airline.”
- Rusty Burlingame, Senior Operations, Research Developer at Southwest Airlines
Improve operating margins by making smarter plans and responding nimbly to the unexpected.
A car rental company is boosting profitability using scheduling optimization to dynamically adjust minimum rental periods, ensuring car availability for most valued customers. An airline is saving $19 million a year optimizing tankering strategies to balance fuel price differences at airports, impact of carrying excess fuel on flight energy consumption and safety regulations. The same airline company is also using optimization to reroute flights around weather events and adjust gate assignments so flight crews arrive at connections five minutes faster. Producing big data insights to drive changes big and small, decision optimization adds up to major competitive advantage.
FICO decision management solutions help you make the most of all the rich data streaming in from your operations and planning activities. Putting the power of optimization, machine learning, explainable AI and other advanced analytics in the hands of business users, we help your organization make hugely complex decisions within fast-moving time windows.
Hone your decision strategies to generate more profit from every aspect of your operations.
Complex operations encompass myriad opportunities for profitable change — optimization reveals them. One airline optimized its annual bidding strategy for fuel contracts, saving $20 million annually in fuel costs while protecting customers from potential ticket shocks due to spikes in fuel prices.
Put assets and resources where and when you need them for best performance.
Using optimization, you can balance any number of factors in complex decisions. Factor in the cost of overtime and idle time, for instance, alongside employee schedule preferences and company profit targets — and how all of these factors play out in different market demand scenarios.
Effectively handle disruptions and challenges.
Even optimized plans and schedules can be upset by weather events or sudden maintenance needs. With decision optimization, you can quickly adjust them, barely missing a beat, to make the best of challenging situations. One airline, for example, uses these advanced analytics to immediately determine the best way to get planes needing unexpected maintenance to where the required parts and mechanics are.
Time: 9-11am & 1-3pm EST on both days
Are you an operations research or data scientist role and want to become an expert in FICO Xpress Optimization and Xpress Insight? Register for this upcoming web-based training session and receive two days of classroom-style, hands-on instruction from FICO experts.
We want to help you future proof the next step in your organization’s journey by sharing the lessons FICO experts have learned about building resiliency during tumultuous times. Register below to gain access to our virtual event series.
From April 20 through May 28, FICO will host a series of live webinars sharing best practices and strategies for resiliency in your organization. The topics fall within six tracks including adaptability, digital customer engagement, risk management, operational efficiency, building trust and protecting customers.
FICO’s long-running Platinum Sponsorship of INFORMS events continues with the 2020 Business Analytics Conference. Please visit us in the exhibit hall at Booth 49-50 to talk with our subject matter experts about our latest innovations across the FICO® Xpress Optimization suite, including Xpress Mosel, Xpress Workbench, Xpress Solver and Xpress Insight. Find out how our Xpress solutions help you read data in any format from any source, integrate with your own machine learning and solvers (or Xpress Solver), enable collaboration with business users, deploy decision support or automated solutions in the cloud or on premises —and does it all in 75% less time.
Ever Wonder How Southwest Airlines ranked #1 in customer satisfaction while staying consistently profitable?
Ever wonder how American Airlines runs the largest airline in the world on the leading optimization platform?
Solving your biggest and most complex business problems.
FICO Optimization Community
Realize the promise of advanced analytics and decision management.
FICO Decision Technology Community
A high-performance execution platform to power and connect every decision.
FICO DMP Community
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