FICO Information Scientist on Staff Honoured for Work on Optimizing Ingesting Water Entry

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FICO’s Selene Silvestri is a part of staff that received worldwide award for an article on optimizing entry to consuming water in distant areas from Nepal

LONDON, August 30, 2022–(BUSINESS WIRE)–A staff of 4 researchers together with FICO’s Selene Silvestri has been awarded the SEIO-BBVA prize for the most effective utilized contribution in operational analysis. The staff received for its article on optimizing entry to consuming water within the distant areas of Nepal. The Spanish Society of Statistics and Operations Analysis (SEIO) and the BBVA Basis grant these annual awards for notably important scientific contributions in statistics and operations analysis.

Extra data: https://www.seio.es/en/seio-fundacion-bbva-awards/

Gilbert Laporte, Marie-Ève ​​Rancourt, Jessica Rodríguez-Pereira and Selene Silvestri received the SEIO-BBVA prize for the most effective utilized contribution in operational analysis, for an article that appeared within the April 2022 version of the journal Computer systems & Operations Analysis. They offered the design of a water distribution community with an instance of utility in Nepal, which suffered consuming water provide issues following earthquakes in 2015.

“This is a perfect downside for mathematical optimization, because it includes clear aims, a set of constraints and an enormous quantity of knowledge,” stated Selene Silvestri, who helps FICO companions and their prospects all over the world achieve from FICO’s optimization instruments. “There are tens of millions of doable options to this downside, and thru optimization we’re in a position to crunch by these and establish the best ones.”

In fixing the issue, the staff addressed the situation of water faucets to make sure good protection of the inhabitants and the connection of those faucets to consuming water sources by a community of pipes.

“Entry to wash consuming water is a world precedence,” Silvestri stated. “Our staff selected to deal with it as it’s extremely related to how distant communities rebuild and restore entry after a catastrophe such because the Nepal earthquake. The work we did to resolve the advanced water community construction can profit different areas as nicely.”

The annual SEIO-BBVA awards acknowledge originality, innovation and contributions in Statistics and Operations Analysis, with the twin purpose of encouraging analysis work in these two fields and its projection to society.

“Selene and her teammates, all related to HEC Montréal, have achieved vital analysis right into a life-threatening downside,” stated Matt Cox, head of FICO in Europe, the Center East and Africa. “Their work demonstrates the unimaginable energy of mathematical optimization, also referred to as prescriptive analytics, and operations analysis. Congratulations to the staff on their work and their award!”

About FICO

FICO (NYSE: FICO) powers choices that assist folks and companies all over the world prosper. Based in 1956, the corporate is a pioneer in the usage of predictive analytics and information science to enhance operational choices. FICO holds 205 US and overseas patents on applied sciences that enhance profitability, buyer satisfaction and progress for companies in monetary providers, telecommunications, well being care, retail and lots of different industries. Utilizing FICO options, companies in additional than 120 international locations do all the pieces from defending 2.6 billion cost playing cards from fraud, to serving to folks get credit score, to making sure that tens of millions of airplanes and rental automobiles are in the correct place on the proper time.

Study extra at www.fico.com.

FICO is a registered trademark of Honest Isaac Company within the U.S. and different international locations.

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Contacts

FICO UK PR Staff
Wendy Harrison/Parm Heer/Matthew Enderby
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