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Industry News

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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Frontline surpasses 200,000 cloud-based advanced analytics users

Frontline Systems, developer of the Solver in desktop Microsoft Excel 26 years ago, announced that it has surpassed 200,000 users of its cloud-based advanced analytics tools for optimization, simulation/risk analysis, forecasting, data mining and text mining – based on usage data from Microsoft, Google and its own SaaS platforms.

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Fast-growing AIMMS earns FD Gazelle Award

AIMMS recently earned an FD Gazelle Award, given annually to the fastest growing companies in the Netherlands.

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Gurobi introduces Gurobi Optimizer v7.0

Gurobi Optimization recently introduced Gurobi Optimizer v7.0, with higher performance and powerful new modeling capabilities.

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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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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

Survey: Despite the hype, AI adoption still in early stages

The hype surrounding artificial intelligence (AI) is intense, but for most European businesses surveyed in a recent study by SAS, adoption of AI is still in the early or even planning stages. The good news is, the vast majority of organizations have begun to talk about AI, and a few have even begun to implement suitable projects. There is much optimism about the potential of AI, although fewer were confident that their organization was ready to exploit that potential. Read more →

Data professionals spend almost as much time prepping data as analyzing it

Nearly 40 percent of data professionals spend more than 20 hours per week accessing, blending and preparing data rather than performing actual analysis, according to a survey conducted by TMMData and the Digital Analytics Association. More than 800 DAA community members participated in the survey held earlier this year. The survey revealed that data access, quality and integration present persistent, interrelated roadblocks to efficient and confident analysis across industries. Read more →

UPCOMING ANALYTICS EVENTS

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2017 Winter Simulation Conference (WSC 2017)
Dec. 3-6, 2017, Las Vegas

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