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Frontline shipping Solver SDK (Pro and Platform) V2017

Frontline Solvers is now shipping Solver SDK (Pro and Platform) V2017, a new version of its popular software development kit for solving Monte Carlo simulation and conventional and stochastic optimization models. Solver SDK V2017 inherits many of the new features of Analytic Solver V2017, such as enhanced Evolutionary Solver that solves complex (non-smooth, non-convex) models with integer variables much faster than before. It also uses a new, flexible licensing system, so developers will find they can use one license across an office computer, laptop and home machine (but only one at a time).

On AnalyticSolver.com, a comprehensive cloud-based analytics platform that parallels Analytic Solver desktop version, Frontline has found ways to significantly speed up the basic “turnaround” of optimization, simulation and data mining operations from its back-end RASON server cluster. Most users (including students) with small optimization and simulation models should see results two to three times faster than before. Data mining models also run faster, but because more data is typically returned, the speedup isn’t quite as dramatic.

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


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Headlines

Study: Salaries for early career data scientists decrease for first time

Salaries for early career data scientists decreased year over year for the first time in four years as did the percentage of early career data scientists with a Ph.D. while demand for data scientists continued to increase, according to a recently released Burtch Works’ 2017 salary study of data scientists. Salaries for more experienced data scientists generally held steady or increased slightly depending on an individual’s focus area, responsibility and geographic base, according to the report. Read more →

Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured. Read more →

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