FICO CTO: Big Data is starting to solve tough problems for businesses

In the current market, the value of large data has been extended to countless times. Enterprises can understand real-time information and make decisions through large data, on the other hand, the data of diversification and instantaneous change also presents a great challenge to the optimization work. FICO company released the latest version of the Fico Xpress Optimization Kit. This development and optimization software is an effective solution to large and complex data problems to help organizations make the best business decisions. The FICO Xpress Optimization Suite version 7.5 is part of the FICO Decision Platform (decision management platform) that can be installed on site or downloaded through the FICO Analysis cloud platform.

Stuart Wells, chief technology officer at FICO, said: "Those large organizations, from the global banking sector to the retail, public sector and professional sports leagues, are applying Xpress optimization kits to ensure that they use their capital, human and technical assets most efficiently." This upgrade makes the Xpress kit the only one on the market that can solve all kinds of optimization problems and various difficulty optimization software. At the same time, this also means that enterprises can now give full play to the large data analysis technology to solve the difficult problems previously unresolved. ”

The latest version of the Fico Xpress Optimization Suite adds a new non-linear solver that improves the speed of the resolution process and strengthens network applications, helping organizations develop and deploy optimized applications to quickly address the real challenges of large data.

"In this era of large data and analysis, there is a growing need to address the enormous scale and complexity of data optimization challenges," said Dan Vesset, a vice president of Business Analytics and large data research at IDC. These nonlinear data optimization challenges in the real world include millions of variables and constraints as well as a large number of viable solutions. Traditional linear programming methods, such as selecting values from a solution, have been unable to ensure that the enterprise obtains the value needed to maintain its competitiveness. ”

The updated version of this release includes Fico's latest Xpress-nonlinear software. The software can make the enterprise create the Non-linear relation model between the decision and the result, grasp the actual situation more accurately, and deal with millions of trillion data permutation, variable and control variable quickly. Xpress-nonlinear software bundles linear programming, two-time programming, and two-second-party constrained programming, non-linear and successive linear programs into a single package. The automatic detection ability of the software can determine the type of optimization problem that the user tries to solve, and gives the suitable linear or non-linear solution plan to provide the optimal solution.

The FICO Xpress Optimization Suite is the first 64-bit Super scale optimization program that can be used to solve large-scale data optimization problems. The FICO Xpress Optimization Suite version 7.5 allows for easy use of distributed, cloud-based optimization services to process data. FICO Xpress can also be built as an optimization engine in the FICO Decision Optimizer and FICO analytic offer Manager fee Egge solution system.

(Responsible editor: The good of the Legacy)