Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations.
A management information system (MIS) is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization and marketing. The study of the management information systems involves people, processes and technology in an organizational context.
In computer science, evolutionary computation is a family of algorithms for global optimization inspired by biological evolution, and the subfield of artificial intelligence and soft computing studying these algorithms. In technical terms, they are a family of population-based trial and error problem solvers with a metaheuristic or stochastic optimization character.
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data. It also entails applying data patterns towards effective decision-making. It can be valuable in areas rich with recorded information; analytics relies on the simultaneous application of statistics, computer programming and operations research to quantify performance.
Invensys Ltd. was a multinational engineering and information technology company headquartered in London, United Kingdom. It was formed in 1999 through the merger of BTR plc and Siebe plc. It had offices in more than 50 countries and its products were sold in around 180 countries. The company was founded on 1 April 1920 as Siebe Gorman & Company Ltd and continued through various name changes registered at Companies House from that date. In January 2014 the company was taken over by the French multinational Schneider Electric for a total consideration of $5.5 billion. Schneider phased out the "Invensys" name in favour of its own.
Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, clubs, charities, and governments. Enterprise software is an integral part of a (computer-based) information system; a collection of such software is called an enterprise system. These systems handle a chunk of operations in an organization with the aim of enhancing the business and management reporting tasks. The systems must process the information at a relatively high speed and can be deployed across a variety of networks.
Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of business activities that include planning and management of the entire supply chain. It helps businesses in product development, sourcing, production, and logistics by automating operations. In this way, it increases the physical flow of business as well as informative flow. The entire business benefits with higher performance, greater cost-efficiency, and thus increased supply chain efficiency.
Customer analytics is a process by which data from customer behavior is used to help make key business decisions via market segmentation and predictive analytics. This information is used by businesses for direct marketing, site selection, and customer relationship management. Marketing provides services in order to satisfy customers. With that in mind, the productive system is considered from its beginning at the production level, to the end of the cycle at the consumer. Customer analytics plays an important role in the prediction of customer behavior.
ILOG was an international software company purchased and incorporated into IBM announced in January, 2009. It created enterprise software products for supply chain, business rule management, visualization and optimization. The main product line for Business Rules Management Systems (BRMS) has been rebranded as IBM Operational Decision Management. Many of the related components retain the ILOG brand as a part of their name.
Maptek is an Adelaide, Australia-based company that provides 3D modelling, spatial analysis and design technology to the global mining industry. Founded by Bob Johnson in 1981 as K. Robert Johnson and Associates, the company operated as KRJA systems for 10 years before changing its name to Maptek in 1992.
Petrolsoft Corporation (1989–2000) was a supply chain management software company with a focus on the petroleum industry. Petrolsoft Corporation was founded at Stanford University in 1989 by Bill Miller and David Gamboa as Petrolsoft Software Group. It was later incorporated in 1992. Petrolsoft introduced demand-driven inventory management to the petroleum industry.
AIMMS is a prescriptive analytics software company with offices in the Netherlands, United States, China and Singapore.
Exceedra Software, formally known as Cube Software, is an integrated business planning and analytics software company aimed specifically at the Consumer Product Goods manufacturers, retailers and suppliers to help manage, access, analyse and report on data. The company is headquartered in London UK with offices located in Marlow Buckinghamshire; Charlotte North Carolina, United States, and Melbourne, Australia.
Quintiq is a Dutch company that develops planning, scheduling and supply chain optimization software. The company is headquartered in 's-Hertogenbosch and its North American headquarters are in Radnor, Pennsylvania.
The fields of marketing and artificial intelligence converge in systems which assist in areas such as market forecasting, and automation of processes and decision making, along with increased efficiency of tasks which would usually be performed by humans. The science behind these systems can be explained through neural networks and expert systems, computer programs that process input and provide valuable output for marketers.
Zbigniew Michalewicz is an entrepreneur, author and professor who is recognised internationally as a mathematical optimisation and new technologies expert. He is the author of over two-hundred-fifty articles and twenty-five books which have been cited by over 10,000 authors. He is the co-founder of NuTech Solutions, SolveIT Software and Complexica where he currently serves as the Chief Scientific Officer.
Matthew Michalewicz is an Australian entrepreneur and author with experience in the fields of technology, commercialization and supply chain management. He is the co-author of a number of books and publications, some of which have been adapted into courses on problem solving in colleges and universities. He is the co-founder of NuTech Solutions, SolveIT Software, and Complexica, companies that he started with his father Zbigniew Michalewicz. In 2012, SolveIT Software Pty Ltd, was acquired by Schneider Electric.
OpenNN is a software library written in the C++ programming language which implements neural networks, a main area of deep learning research. The library is open-source, licensed under the GNU Lesser General Public License.
An intelligence engine is a type of enterprise information management that combines business rule management, predictive, and prescriptive analytics to form a unified information access platform that provides real-time intelligence through search technologies, dashboards and/or existing business infrastructure. Intelligence Engines are process and/or business problem specific, resulting in industry and/or function-specific marketing trademarks associated with them. They can be differentiated from enterprise resource planning (ERP) software in that intelligence engines include organization-level business rules and proactive decision management functionality.
Optym is a privately held company founded in 2000 by Dr. Ravindra K. Ahuja as Innovative Scheduling, Inc. The company headquarters is situated on 10 acres in Gainesville, Florida, and additional offices are located in Yerevan, Armenia; Bangalore, India; and Perth, Australia.
