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Analytics Magazine

Industry News

AIMMS and Wipro sign strategic global partnership agreement

AIMMS, a vendor of prescriptive analytics software, and Wipro Limited, a global information technology and consulting company, have joined forces in a strategic global partnership to help companies realize the benefits of advanced analytics with AIMMS-based applications.

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FICO survey: APAC banks to stop doing business with suppliers who fail cybersecurity audits

Banks across the Asia Pacific region will stop doing business with suppliers that fail cybersecurity audits, according to a recent poll by FICO. Three in four senior fraud managers surveyed said that they would be concerned enough to stop working with a partner, while another 16 percent said they weren’t sure if they would continue working with them. Only 8 percent of fraud managers said they would definitely continue doing business.

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Optimization Direct creates new algorithm for massive MIP models

With bigger and more global data sets, customers are presenting increasingly large and complex models to optimize. With these massive models, established optimization technology generally fails in that it can either find no solution at all or solutions that take too long to find or are too poor to have any value. ODHeuristics, a new algorithm created by Optimization Direct, is designed to run on modern multiprocessor machines.

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DoD uses AIMMS-based models to boost cybersecurity efforts

AIMMS, a vendor of prescriptive analytics software, recently announced that the U.S. Department of Defense (DoD) has chosen AIMMS’ innovative modeling environment to perform sophisticated cybersecurity analyses. The DoD’s Cyber and Business Systems Division (C3CB) will leverage AIMMS to solve large-scale optimization problems.

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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.

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FICO named a leader in predictive analytics, machine learning solutions

Silicon Valley analytics software firm FICO was named a leader in the March 2017 report, The Forrester Wave: Predictive Analytics and Machine Learning Solutions, Q1 2017. The report explains, “FICO’s Decision Management Suite encompasses the end-to-end capabilities needed to create, deploy and monitor models for use in complex, consequential enterprise decisions.”

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Frontline shipping V. 2017 of Solvers for Excel and Analytic Solver.com

Frontline Systems is shipping a new product line release for desktop and cloud, Version 2017 of its Solvers for Excel and AnalyticSolver.com, its SaaS equivalent. The new release unifies and simplifies Frontline’s products, makes learning predictive and prescriptive analytics accessible to everyone at very low cost, is easier to upgrade for larger models or data sets, and is easier to use across multiple desktop machines and the cloud.

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Ducati races ahead of the pack with Accenture and machine learning

  Ducati races ahead of the pack with Accenture and machine learning

Ducati Corse, the racing department of Ducati Motor Holding, a world leader in sports motorcycle manufacturing, is working with Accenture to integrate the Internet of Things (IoT) and artificial intelligence technologies into the testing of its MotoGP racing bikes. Ducati Corse wants to make testing its race bikes faster, cheaper and more effective.

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AIMMS-based decision support tool addresses Europe’s refugee crisis

AIMMS, Nyenrode University and PwC announced the creation of a decision-support application for municipalities and other government offices that are responding to the ongoing refugee crisis in Europe. The application leverages PwC’s Business Simulator, a modeling solution built with AIMMS software, to analyze the impact of municipality decision scenarios on actual socio-economic policies.

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Microsoft awards Accenture seven-year contract extension

Microsoft has awarded Accenture a seven-year contract extension to continue providing finance and accounting (F&A) and procurement business process services. Accenture will leverage artificial intelligence, automation and analytics capabilities to deliver better business insights and help Microsoft increase productivity and efficiency.

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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.

Headlines

Holiday Retirement earns Edelman Award

Holiday Retirement won the 2017 Franz Edelman Award for Achievement in Operations Research and the Management Sciences from INFORMS for its use of operations research (O.R.) to improve the pricing model for its more than 300 senior living communities across the United States. Read more →

U.S. Air Force and Disney receive the 2017 INFORMS Prize

The U.S. Air Force and The Walt Disney Company both received the 2017 INFORMS Prize for their pioneering and enduring integration of operations research (O.R.) and analytics programs into their organizations. The prizes were presented at the INFORMS Conference on Business Analytics & Operations Research in April in Las Vegas. Read more →

Air Force Academy’s O.R. program saluted

The U.S. Air Force Academy won the 2017 UPS George D. Smith Prize for its operations research (O.R.) program, which prepares graduates to become frontline O.R. practitioners as analysts in the Air Force. The program exposes more than 50 percent of cadets to at least one O.R. course and provides cadets the opportunity to graduate with a Bachelor of Science degree in O.R. Read more →

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