FICO Community Blogs

lshahbazian@fico.com
Wherever there’s data, there’s a story to be told. I was browsing Kaggle for a dataset to analyze for a webinar (you can watch it here if you’re a member of WITI), and I came across this HR Attrition dataset. I’m used to the world of credit risk and lending scores, so the prospect of analyzing employee data piqued my interest as something… (Show more)
in FICO Community Articles
timoberthold@fico.com
Is the simplex algorithm the most important algorithm for solving linear programs (LPs)? If you pose this question to a mathematical optimization expert, you will most likely get a "Yes, but..." as a reply. It is common folklore in the field that simplex is the most viable choice for solving sequences of similar LPs, like a mixed integer… (Show more)
in FICO Community Articles
benjaminbaer@fico.com
In the age of Hadoop and the Big Data hype, millions (or billions) of dollars are being spent to create the biggest data repositories – collections of unstructured data files stored horizontally across server farms.  Over the last few years of investment organizations large and small have built out Big Data collections and, instead of… (Show more)
in FICO Community Articles
Makenna.Brei
Digital transformation is not just about implementing technology or changing the way technology is used. It is about a more evolved business experience; from operations to strategic decisions, companies are collaborating more with goals to improve workflows and increase the bottom line. Through automation, enhanced connectivity and more… (Show more)
in FICO Community Articles
Fernando Jorge
Several thousand decisions have already been made by the time shampoo is bottled, but at that point, it’s only half way to your cart. The role of artificial intelligence continues to affect the path the product takes from its origin all the way to your shower. In our journey through the secret life of your shampoo so far (you can get up to speed… (Show more)
in FICO Community Articles
cliveharris
The means by which we make decisions have fascinated researchers for generations. The Greek historian Herodotus was excited to discover, nearly 2500 years ago, of how the ancient Persians used to debate every decision twice – once when drunk, and once when sober – and if the two debates agreed, then the decision was passed. While no doubt fun for… (Show more)
in FICO Community Articles
timoberthold@fico.com
Original article by, timoberthold@fico.com, James Farmer, Stefan Heinz & Michael Perregaard   Computing hardware has mostly thrashed out the physical limits for speeding up individual computing cores. Consequently, the main line of progress for new hardware is growing the number of computing cores within a single CPU. This makes the study of… (Show more)
in FICO Community Articles
lshahbazian@fico.com
After exploring the benefits of data visualization in retail marketing, the loaded question remains: Where else can binning analysis give us insights? For numeric variables, binning is the process of dividing the continuous range of a variable into adjacent ranges, slices, groups, classes or “bins.”   While it should now be abundantly clear that… (Show more)
in FICO Community Articles
michelleadvaney@fico.com
Data science is often misunderstood. We’re constantly hearing terms like Big Data, analytics, artificial intelligence, and machine learning, but how can these trendy technologies solve actual business problems?   Before I jump into my blog about the power that comes with integrating the results of data science into an enterprise strategy, let’s… (Show more)
in FICO Community Articles
jarikoister
"Go to your room.” “Why?” “Because I said so.”   This classic reasoning that is oh so familiar to most of us just does not cut it when it comes to artificial intelligence. When receiving instructions, advice, or even descriptions, questioning the reasons behind the decision is almost compulsory to understanding. It is not enough to simply… (Show more)
in FICO Community Articles
neilstickels@fico.com
The opioid abuse problem in America is growing out of control. Over 2 million Americans have a substance use disorder involving prescription pain relievers, and 91 Americans die every day from opioid abuse.   While there are many contributing factors to this epidemic, including the highly addictive nature of the drugs themselves, one leading… (Show more)
in FICO Community Articles
efliesler
FICO has been using analytics and decision management for 60 years, but it’s still a relatively new concept to the industry at-large. FICO develops analytic applications to automate some of the world’s largest businesses including major financial institutions, airlines, and telecommunications companies plus industry leaders in retail,… (Show more)
in FICO Community Articles
scottzoldi@fico.com
The Big Data promise continues to be just that, a promise. This is not because the technologies are flawed, but because effort is not focused in the right place.   8 in 10 organizations confessed to Gartner they are not able to exploit Big Data for competitive advantage. Following the Gartner Hype Cycle, Big Data travelled through the Technology… (Show more)
in FICO Community Articles
Load more items