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Analytics & Optimization for Transportation

Analytics & Optimization for Transportation

Augment human intelligence with advanced analytics and AI – balancing complex and interrelated factors to arrive at the best possible decisions.

“The FICO Xpress Optimization Suite underlies some of the biggest, most expensive problems that we solve at the airline.”

- Rusty Burlingame, Senior Operations, Research Developer at Southwest Airlines

Solution Details

Improve operating margins by making smarter plans and responding nimbly to the unexpected.

A car rental company is boosting profitability using scheduling optimization to dynamically adjust minimum rental periods, ensuring car availability for most valued customers. An airline is saving $19 million a year optimizing tankering strategies to balance fuel price differences at airports, impact of carrying excess fuel on flight energy consumption and safety regulations. The same airline company is also using optimization to reroute flights around weather events and adjust gate assignments so flight crews arrive at connections five minutes faster. Producing big data insights to drive changes big and small, decision optimization adds up to major competitive advantage.

FICO decision management solutions help you make the most of all the rich data streaming in from your operations and planning activities. Putting the power of optimization, machine learning, explainable AI and other advanced analytics in the hands of business users, we help your organization make hugely complex decisions within fast-moving time windows.

Use Cases

timeline

Planning and Logistics

Hone your decision strategies to generate more profit from every aspect of your operations.

Planning and Logistics

Complex operations encompass myriad opportunities for profitable change — optimization reveals them. One airline optimized its annual bidding strategy for fuel contracts, saving $20 million annually in fuel costs while protecting customers from potential ticket shocks due to spikes in fuel prices.

  • Streaming data analytic platform
  • Business rules management system
  • Bid optimization
  • Logistics optimization
schedule

Scheduling

Put assets and resources where and when you need them for best performance.

Scheduling

Using optimization, you can balance any number of factors in complex decisions. Factor in the cost of overtime and idle time, for instance, alongside employee schedule preferences and company profit targets — and how all of these factors play out in different market demand scenarios.

  • Streaming data analytic platform
  • Business rules management system
  • Scheduling optimization
assignment

Management of the Unexpected

Effectively handle disruptions and challenges.

Management of the Unexpected

Even optimized plans and schedules can be upset by weather events or sudden maintenance needs. With decision optimization, you can quickly adjust them, barely missing a beat, to make the best of challenging situations. One airline, for example, uses these advanced analytics to immediately determine the best way to get planes needing unexpected maintenance to where the required parts and mechanics are.

  • Streaming data analytic platform
  • Logistics optimization
  • Scheduling optimization
FICO Xpress Optimization & Xpress Insight Virtual Training Event
Event
April 8, 2020 – 600 Lexington Avenue New York, NY 10022, United States

FICO Xpress Optimization & Xpress Insight Virtual Training Event

Time: 9-11am & 1-3pm EST on both days

Are you an operations research or data scientist role and want to become an expert in FICO Xpress Optimization and Xpress Insight? Register for this upcoming web-based training session and receive two days of classroom-style, hands-on instruction from FICO experts.

Join Us
FICO Xpress Optimization and Xpress Insight Virtual Training Event
Event
April 8, 2020

FICO Xpress Optimization and Xpress Insight Virtual Training Event

Time: 9-11am & 1-3pm EST on both days

Are you an operations research or data scientist role and want to become an expert in FICO Xpress Optimization and Xpress Insight? Register for this upcoming web-based training session and receive two days of classroom-style, hands-on instruction from FICO experts.

Join Us
Building Resiliency – Adapting to the Challenges of Today | April 20 - May 28, 2020
Virtual Event
April 20, 2020

Building Resiliency – Adapting to the Challenges of Today | April 20 - May 28, 2020

We want to help you future proof the next step in your organization’s journey by sharing the lessons FICO experts have learned about building resiliency during tumultuous times. Register below to gain access to our virtual event series.

From April 20 through May 28, FICO will host a series of live webinars sharing best practices and strategies for resiliency in your organization. The topics fall within six tracks including adaptability, digital customer engagement, risk management, operational efficiency, building trust and protecting customers.

Join Us
INFORMS Business Analytics Conference | April 26-28, 2020
Event
April 26, 2020 – Denver, CO , United States

INFORMS Business Analytics Conference | April 26-28, 2020

FICO’s long-running Platinum Sponsorship of INFORMS events continues with the 2020 Business Analytics Conference. Please visit us in the exhibit hall at Booth 49-50 to talk with our subject matter experts about our latest innovations across the FICO® Xpress Optimization suite, including Xpress Mosel, Xpress Workbench, Xpress Solver and Xpress Insight. Find out how our Xpress solutions help you read data in any format from any source, integrate with your own machine learning and solvers (or Xpress Solver), enable collaboration with business users, deploy decision support or automated solutions in the cloud or on premises —and does it all in 75% less time.

Join Us
Southwest Airlines
FICO® Optimization Modeler

Southwest Airlines

Ever Wonder How Southwest Airlines ranked #1 in customer satisfaction while staying consistently profitable?

Case Study
American Airlines
FICO® Xpress Optimization

American Airlines

Ever wonder how American Airlines runs the largest airline in the world on the leading optimization platform?

Case Study