FICO Launches New, More Powerful Version of Xpress Optimization Suite
2009年6月16日 - 11:00PM
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FICO (NYSE: FIC), the leading provider of analytics and decision
management technology, today announced the release of the FICO�
Xpress Optimization Suite 7.0, the most advanced optimization
solution available. Powered by parallel computing, the new version
of the leading optimization solution enables organizations to solve
their most complex operational challenges 60% faster than before. A
free trial version is now available for download at the Decision
Management Community.
Organizations with large-scale operations, from global banks to
professional sports leagues, use the FICO� Xpress Optimization
Suite to ensure that they are making the most efficient and
profitable use of resources. Financial institutions in particular
benefit from the use of FICO Xpress Optimization for pricing,
portfolio management and other critical applications.
Advances in optimization software generally correspond to
dramatic improvements in operational efficiency and effectiveness,
and FICO� Xpress Optimization Suite 7.0 is expected to make a
significant impact in the organizations where it�s implemented.
Foremost among the enhancements is a new optimization engine using
parallel computing to deliver faster solution times on major
problems with millions of variables, including problems previously
deemed �unsolvable� due to their size and scale. Users can quickly
obtain multiple alternative �ideal� solutions as the basis for
making the best possible decision for their particular business
scenario.
In FICO� Xpress Optimization Suite 7.0, faster, multi-threaded
algorithms exploit multiple CPU cores out-of-the-box. In addition,
improvements to the modeling platform enable developers to design
applications around a business�s specific way of operating, and to
build them more quickly than previously possible. Business analysts
can use the new drag-and-drop editor to create a graphical
interface to their models, delivering rapid prototypes and
accelerating deployment.
�With FICO Xpress 7.0, optimization delivers serious value to
more application areas than ever before,� said Alkis Vazacopoulos,
vice president for product management at FICO. �Clients who upgrade
to Xpress 7.0 will truly be able to solve previously �unsolvable�
problems that have thwarted other systems.�
FICO� Xpress Optimization Suite 7.0 is aimed at all companies
engaged in production, logistical and financial activities, such as
banking, petrochemicals, transport and retail. It is also marketed
to resellers who embed it into larger systems for end-user and
turnkey applications.
�After an initial test-drive, I like what I see,� said J. D.
Kelly, an architect at Honeywell Process Solutions. �For all of the
problems solved, Xpress 7.0 found better integer-feasible solutions
in a shorter amount of time � an improvement over the already high
bar set by the previous version of Xpress � truly impressive.�
�At a time when cost control is the number-one priority,
optimization solutions are an obvious investment to consider when
seeking to maximize productivity and minimizing inefficiency,� said
Richard Edwards, Information Management Practice Director, Butler
Group. �It stands to reason that those organizations with greater
problem-solving abilities will outperform the market in the longer
term, and hence realize the greater return from upgrading
optimization solutions.�
About FICOFICO (NYSE:FIC) transforms business by making
every decision count. FICO�s Decision Management solutions combine
trusted advice, world-class analytics and innovative applications
to give organizations the power to automate, improve and connect
decisions across their business. Clients in 80 countries work with
FICO to increase customer loyalty and profitability, cut fraud
losses, manage credit risk, meet regulatory and competitive
demands, and rapidly build market share. FICO also helps millions
of individuals manage their credit health through the
www.myFICO.com website. Learn more about FICO at www.fico.com.
Statement Concerning Forward-Looking InformationExcept
for historical information contained herein, the statements
contained in this news release that relate to FICO or its business
are forward-looking statements within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including the success of the Company's Decision Management strategy
and reengineering plan, the maintenance of its existing
relationships and ability to create new relationships with
customers and key alliance partners, its ability to continue to
develop new and enhanced products and services, its ability to
recruit and retain key technical and managerial personnel,
competition, regulatory changes applicable to the use of consumer
credit and other data, the failure to realize the anticipated
benefits of any acquisitions, continuing material adverse
developments in global economic conditions, and other risks
described from time to time in FICO�s SEC reports, including its
Annual Report on Form 10-K for the year ended September 30, 2008,
and its quarterly report on Form 10-Q for the period ended March
31, 2009. If any of these risks or uncertainties materializes,
FICO�s results could differ materially from its expectations. FICO
disclaims any intent or obligation to update these forward-looking
statements.
FICO is a trademark of Fair Isaac Corporation in the United
States.
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