Decision Support and Simulation
Companies face a wide range of decisions from strategic and operational to tactical. Decision Support is designed to help companies make better decisions by supporting or improving decision making capabilities. One of the best ways to do this is to understand the impact of changes to strategies or decisions before you implement them. This is called simulation and FICO has state-of-the-art technologies to enable you to understand the impact the data will have before you implement with real customers. FICO Business Outcome Simulator enables business leaders to perform and visualize simulations of their end to end analytic-driven decisioning process/flow, resulting in increased transparency and collaboration between the business users, data scientists, analysts, and operations managers to achieve a desired business outcome. With a complete multi-dimensional understanding of business impacts (opex, operating envelopes, expected losses, expected profitability, expected market share, disruption impacts, etc) business can proceed with improved confidence that analytically-driven decisions will yield expected outcomes with greater confidence.
Reduce decision complexity
Reduce decision complexity by enabling business and technical users to run what-if analyses and quickly compare multiple possible scenarios.
Run simulations of analytic or optimization models or business rules — once a model achieves the desired outcome, it can be published to a business application.
Enable data comprehension for all levels of the organization with simple interfaces and robust reporting capabilities.
Allow business users to execute champion/challenger testing and easily adapt, change, or adjust to different directions with efficient simulation and iteration.
Increase business user adoption
Increase business user adoption — provide business users with a modern, easy-to-work-with solution that enables and encourages collaboration.
FICO solutions are built on the most advanced analytic science, leveraging decades of pioneering innovation and real-world expertise.
Get in Touch
Connect with FICO for answers to all your product and solution questions. We look forward to hearing from you.