Advances in Algorithms and Hardware Help Speed Optimization

The relationship between algorithmic developments and hardware improvements has led to the immense speed-up in optimization codes over the last few decades. There has long been a debate over which improvement has done the most for forward progress. Hardware developments...

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Effective Use of Data and Analytics Can Increase Profits

In the November/December issue of Non-Prime Times, the National Auto Finance Association’s official publication, FICO’s Ken Kertz describes six strategies that auto lenders can use to win more business: Frequent model assessments – Health checks help determine the effectiveness and...

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The Complexity of Sports Scheduling

The NBA recently fined the San Antonio Spurs $250,000 for resting four of their marquee players in a game against the Miami Heat. The Spurs coach stood by his decision stating this was the sixth game of a road trip...

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Celebrating 40 Years of Forrest-Tomlin

This year marks the 40th birthday of the Forrest-Tomlin Method, which was implemented to speed up the simplex algorithm for early computer architectures. As many Operations Researchers know, this method is still applicable as one of the fundamental technologies in...

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Optimization Software for Collections

We recently worked with a leading auto lending company to set up FICO Xpress Optimization Suite for their collections needs. Historically, collections has been a very subjective business left in the hands of the individual collector. We’ve seen more analytics...

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Engaging Business Users with Xpress-Insight

We recently gave James Taylor of Decision Management Solutions a tour of our latest release of Xpress, where we showed off the new visualization capabilities of Insight. James posted a “First Look – FICO Xpress Optimization 7.3” today on his...

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Turning Insights into Actions

As an analytic scientist, I know how exciting it can be to unearth a novel, actionable insight with the potential to improve the business. And I also know how challenging it can be to persuade business leaders to recognize the...

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Energizing the future with analytics – Insights from INFORMS 2010

The final sessions wrapped up on Wednesday for INFORMS 2010 Annual Meeting in Austin, and it was great to see all of the innovative ways that optimization and operations research techniques are being applied to solve problems that range from...

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Shifting from Outputs to Outcomes – Insights from Gartner ITxpo 2010

There was a lot of talk about cloud computing last week at the Gartner Symposium ITxpo 2010 in Orlando, and we made our own announcement about support for Microsoft Azure, but Gartner also had a clear message to the CIOs...

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FICO to Present at Gartner ITxpo 2010

Clarke Patterson, Sr. Director of Product Marketing and Don Griest, Sr. Director of Product Management will be co-presenting at this years’ Gartner ITxpo event in Orlando, Florida in October. Talking about the role of decision improvement in implementing a successful...

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