Fair Isaac Corporation
) recently launched the latest version of the FICO Xpress
Optimization Suite to solve complex real-world problems of
exceptional size and complexity at an enhanced speed to assist in
delivering prompt business decisions. This latest version of the
software is the only optimization software available in the
market which proposes to address multiple complex optimization
The updated model addresses the challenges faced by
organizations related to Big Data and helps them to develop and
deploy optimization applications to reach an optimum solution.
The optimization software is equipped with 64-bit
ultra-large-scale optimization, which helps in solving gigantic
Additionally, this version has an add-on feature - Xpress-
NonLinear, which simulates reality and establishes the true
nonlinear relationships between decisions and outcomes. Unlike
traditional linearization approaches, which use a sample of data
from the solution space, the nonlinear model can use millions of
variables and constraints to arrive at an optimum solution.
Fair Isaac's Xpress Optimization Suite is likely to help its
diversified clienteles like global banks, retailers, utilities
and professional sports leagues to address complex problems that
were otherwise unsolvable. These solutions are expected to equip
them to take informed decisions for the most efficient and
profitable use of capital, human resources, and technology
Fair Isaac is a leading predictive analytics and decision
management software company. The company's analytics software has
helped multiple industries to administer risks, avoid frauds,
make profitable decisions and maintain strong customer
Fair Isaac currently carries a Zacks Rank #4 (Sell).
Relatively better players within the Computer and Technology
sector worth mentioning include
AVG Technologies N.V.
Alliance Fiber Optic Products Inc.
Akamai Technologies, Inc.
), each holding a Zacks Rank #1 (Strong Buy).
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FAIR ISAAC INC (FICO): Free Stock Analysis
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