FICO (NYSE: FICO) said that researchers at the California-based Lawrence Livermore National Laboratory will include the FICO Xpress Optimization Suite in their work to determine the lowest-cost scheduling of electric power grids. This is part of the Lab´s work on large-scale renewable energy integration.
Lawrence Livermore National Laboratory´s mission is to strengthen the United States´ security through the development and application of world-class science and technology. The lab primarily performs work for the US Department of Energy´s National Nuclear Security Administration. LLNL also applies its capabilities to such challenges as energy, climate change and boosting the nation´s economic competitiveness.
FICO Xpress Optimization Suite software is a platform for building optimization solutions that drive business process improvements. The Xpress Optimization Suite provides easy ways to create, deploy and utilize business optimization solutions based on scalable high-performance algorithms, a flexible modeling environment, and rapid application and reporting capabilities for on-premise and cloud installations.
FICO, formerly known as Fair Isaac, is a leading analytics software company, helping businesses in over 90 countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. Learn more at www.fico.com.