FICO

It seems that FICO has done rather well in Forrester’s evaluation of Predictive Analytics and Machine Learning Solutions, and deservedly so in my opinion. While there are many new kids on the block in this domain, FICO actually has the tools, methods and experience to make the whole thing work…

Analytic software firm FICO has launched the FICO® Enterprise Security Score, a metric that reveals the likelihood an organization will be breached due to a cyber attack. This score can be used by an enterprise to understand and shore up its defence gaps, and by third parties such as cyber…

Sapiens is just one of a handful of suppliers who provide a Decision Management platform. The others include IBM, SAS and FICO. Unfortunately there is no single definition of what a decision management platform should look like, and so each vendor defines its product suite as the complete decision management…

The things we do with business analytics technology right now do not represent the ultimate purpose for these technologies. It is all very immature, and so it may be useful to some to understand where this current fascination with business analytics is headed. But first of all let me give…

FICO today announced the roll-out of the FICO Decision Management Suite for plant-wide operational controls at Shell across its chemical plants around the globe. The advanced optimisation capabilities of the FICO Xpress Optimization Suite, part of the Decision Management Suite, help plan asset utilisation and maintenance requirements of the plants…

FICO has recently introduced the FICO® Decision Management Suite 2.0, at FICO® World 2016 in Washington, DC. The expanded, cloud-based suite of analytic tools and applications represents a major leap forward in the practice of prescriptive analytics and decision management, providing everything businesses of all sizes need to rapidly develop…

Prescriptive analytics is touted as being a form of ‘uber-analytics’ – the final frontier. It can loosely be defined as a workflow that takes a business from data to insight, to hypothesis, to action. Well, what the hell does all that mean? In a nutshell it means prescriptive analytics not…

Analytic software firm FICO has been awarded new patents related to cybersecurity and utility network protection. FICO now holds 169 US and foreign patents, and has 97 pending patent applications. Members of FICO’s fraud analytics team patented a system and method for cybersecurity threat monitoring using “adaptive analytics,” which adapt…

Prescriptive Analytics – Business Efficiency Redefined. The central problem for most businesses is this: how to best use a limited set of resources, given various constraints, so that some measure of performance (profit usually) is maximized. The resources of a retail business for example, will include shelf space, staff, warehousing…