Overview
Product Information on FICO Xpress Optimization
What is FICO Xpress Optimization?
FICO Xpress Optimization Pricing
Overall experience with FICO Xpress Optimization
“Fast and easy-to-learn optimizer”
About Company
Company Description
FICO, an analytics software company based in Bozeman, Montana, USA, operates in over 80 countries. The company's focus is to assist businesses in making better decisions that contribute to growth, profitability, and customer satisfaction, using Big Data and mathematical algorithms to predict consumer behavior. FICO offers software and tools that are widely used in various industries for risk management, fraud detection, customer relationship enhancement, operational optimization, and compliance with stringent governmental regulations. Its flagship product, the FICO Score, is a standard measure of consumer credit risk in America. Embracing open-source standards and cloud computing, FICO's solutions aim for flexibility, swift deployment, and cost reduction. Founded in 1956, FICO is an innovator of analytical solutions like credit scoring and other pivotal decision-management technologies such as predictive analytics, business rules management, and optimization.
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Reviewer Insights for: FICO Xpress Optimization
FICO Xpress Optimization Likes & Dislikes
I like how easy the syntax of the Mosel programming language which is used to code in FICO Xpress Optimizer is. We had no difficulty translating the mathematical constraint inequalities we formulated for our Mixed Integer Programming (MIP) problem into the Mosel programming language.
What I enjoyed most of the product is te interactivity between programation language and how useful is to teach Linear Optimization
The speed of the package (in solving optimization models) and its fantastic support
At first, it was difficult for us to understand when the solver gave the output as an 'infeasible' solution i.e. just a bunch of zeroes as it is never explicitly mentioned in FICO Xpress Optimizer.
What I disliked more was the few helpful tools to use it well. But tool is so good that it may not be necessary.
Some component libraries like BCL are a bit old and slower. We just don't use those, and keep working with the main XPRS libraries
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Peer Discussions
FICO Xpress Optimization Reviews and Ratings
- Graduate Assistant/Data AnalystGov't/PS/EdEducationReview Source
Fast and easy-to-learn optimizer
We've used FICO Xpress Optimization to solve some advanced optimization problems in the transportation industry. We loved how easy it was to learn the Mosel programming language that is used to write code in FICO Xpress and get the solutions - it was very easy for us to translate the mathematical constraint inequalities we formulated to the Mosel programming language. - BI Analyst50M-1B USDConsumer GoodsReview Source
Useful tool to learn and teach Linear Optimization
The tool is very good to make linear optimization models. It is very useful tool to teach and to learn of this topic - Research Scientist10B+ USDRetailReview Source
From model research to production without hiccups
The FICO team is totally fantastic to work with. They support and guide us in any issue we encounter (rare) in a very timely manner providing dedicated point of contacts in the respective dev teams that support the specific package application. - Executive Director<50M USDServices (non-Government)Review Source
Very good experience with the software
All have worked well for many years. We use Xpress as the optimization solver embedded in the software we develop and commercialize worldwide. This relationship with Xpress lasts for more than 16 years. - Director<50M USDIT ServicesReview Source
High efficiency
They always serve us very well. We have been working with Fico since 2000. Several times we have needed their support and they have always helped us with efficiency and speed.