IBM Decision Optimization
IBM Decision Optimization
A suite of software for prescriptive analytics and decision-making. Offers deployment flexibility and optimization modeling capabilities for various industries.
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Date Added: October 26, 2023
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Description
IBM Decision Optimization is a suite of software that provides prescriptive analytics capabilities to enhance decision-making and improve business outcomes. It offers deployment flexibility by running on IBM Cloud Pak for Data. The suite includes IBM ILOG CPLEX Optimization Studio, IBM Decision Optimization for IBM Watson Studio, IBM Decision Optimization Center, and IBM CPLEX Optimizer for IBM z/OS. The suite has use cases in financial, travel and transportation, manufacturing, retail, healthcare, and energy and utilities. IBM offers a range of resources to support the use of Decision Optimization, including community support, technical validation, and a suite of guides and briefs for better decision-making processes.
Key Features
Use Cases
- Financial: IBM Decision Optimization simplifies complex decisions for precise and timely delivery of financial services.
- Travel and transportation: This software helps prepare for unforeseen circumstances more accurately, shortens overall travel time, and improves the customer experience through route optimization.
- Manufacturing: IBM Decision Optimization reduces uncertainty when met with constantly changing production conditions and optimizes outcomes.
- Retail: This software streamlines retail processes.
- Healthcare: IBM Decision Optimization reduces costs using prescriptive techniques to evaluate millions of “what-if” scenarios to assess impact.
- Energy and utilities: This software improves resource planning and scheduling, reduces or eliminates penalties, and drives better business outcomes with smart grid utilization.
