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Industry News

Latvia’s Norvik Bank fights financial crime with FICO TONBELLER solution

Analytic software firm FICO recently announced that Norvik Banka, one of the oldest commercial banks in Latvia, will use the FICO TONBELLER Compliance Solutions to fight money laundering and financial crime. Bank regulators in Latvia have increased scrutiny on banks suspected of allowing money laundering, resulting in record fines and more bank audits.

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AIMMS recognized by Gartner in areas of prescriptive analytics, network design

AIMMS, a leading vendor of prescriptive analytics software, is pleased to announce that it has been named in Gartner’s report, “Hype Cycle for Chief Supply Chain Officers, 2016.” The company is listed in the report as a sample vendor in the areas of prescriptive analytics and network design.

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AIMMS releases AIMMS 4.21 with new functionality

AIMMS recently released AIMMS 4.21 that includes vertical drag and drop functionality for the Gantt Chart widget in the WebUI. It also offers “time window” functionality for this widget, which allows users to zoom in better on the specific part of the whole Gantt Chart that you are interested in.

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Wayne State Univ. enrolls SAS analytics to improve retention, graduation rates

Administrators and staff at Wayne State University are dedicated to helping students succeed. But accessing student-level data to guide their strategy was challenging. Pre-formatted online reports provided limited insight, and working through IT was time-consuming. To solve these issues and quickly create and share interactive reports, Wayne State uses SAS Visual Analytics with Hadoop.

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SAP picks Gurobi as original equipment manufacturer partner

SAP, a leading enterprise software provider in supply chain management, has chosen Gurobi as an OEM partner. As a result of this agreement, the Gurobi Optimizer has been integrated into the SAP Integrated Business Planning (SAP IBP) and Advanced Planning and Optimization (SAP APO) solutions to solve complex optimization problems. In addition, the Gurobi Optimizer enabled a seamless integration into the SAP HANA in-memory-platform.

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FICO rolls out Decision Management Suite at Shell Chemical

Analytics software firm FICO recently announced the rollout of the FICO Decision Management Suite for plant-wide operational controls at Shell across its chemical plants around the globe.

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U.S. Dept. of Energy expands its use of AIMMS

The U.S. Department of Energy has chosen to expand its use of AIMMS for its NEMS Electricity Market Module, a model that determines the most economical way to supply electricity, within environmental and operational constraints, based on fuel prices and electricity demands. ?AIMMS has been used to implement several component models of the National Energy Modeling System since 2012.

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Frontline Systems releases Analytic Solver Platform V2016-R2

Frontline Systems is shipping a new product line release, Version 2016-R2 of its Solvers for Excel, including its flagship integrated product, Analytic Solver Platform, and its “professional entry-level” integrated product, Analytic Solver Pro. The release includes wide-ranging enhancements in Monte Carlo simulation and optimization technology, plus the ability to convert Excel analytic models into freestanding web and mobile applications.

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Solver SDK Platform V2016 supports R, Python and RASON languages

Frontline Systems is shipping Solver SDK Platform V2016, a major new release of its popular analytics Software Development Kit, with new APIs and source code examples in R and Python – augmenting support for C++, C#, Java and other languages – plus a new embedded version of its RASON modeling language interpreter.

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LA Kings and LA Galaxy score with fans using SAS analytics

  LA Kings and LA Galaxy score with fans using SAS analytics

The Los Angeles Kings and Los Angeles Galaxy certainly know about success on the ice and on the pitch. The two-time Stanley Cup winners and five-time MLS Cup Champions are now looking to software from analytics leader SAS to deliver a win in the stands or at home, giving each of their loyal fans more of what they want.

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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

2017 Tech Trends: the kinetic enterprise

From dark analytics to mixed reality, machine intelligence and blockchain, Deloitte’s annual Technology Trends report analyzes the trends that could disrupt businesses in the next 18-24 months. CIOs who can harness the possibilities of these technologies will be better positioned to shape the future of their business. Read more →

FICO: Financial crime trends for 2017

If the world seemed dangerous from a financial crime perspective last year, FICO experts predict an even more challenging 2017. In a new paper, four of the leaders in the company’s fraud and financial crime group laid out 17 predictions, ranging from killer devices in the home to hacked fingerprints. Read more →

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