Software facilitates planning and scheduling t.asks.
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Press Release Summary:
ILOG CPLEX® v10 optimization software helps businesses find answers to problems such as meeting demands for complex planning and scheduling. Included debugging tool, Conflict Refiner, finds and corrects inaccuracies in any mathematical model, while Solution Polishing algorithm provides range of alternatives for solving business operations problems. Addressable areas include workforce planning, crew schedules, distribution planning, production planning, and supply chain delivery.
Original Press Release:
ILOG CPLEX Offers Industry-First Features for Real-World Planning and Scheduling Tasks
New Breakthrough Features Target Complex Problem-Solving; New OPL Development Studio Also Announced
MOUNTAIN VIEW, Calif. and PARIS, Feb. 21 / -- ILOG(R) (Nasdaq: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced the latest version of its market-leading optimization software, ILOG CPLEX(R) 10. With new industry-first features, ILOG CPLEX 10 is designed to help businesses find answers to their most difficult problems, including meeting demands for complex planning and scheduling with speed and accuracy. New breakthrough features include a "Conflict Refiner" debugging tool, which can quickly find and correct inaccuracies in any mathematical model and a "Solution Polishing" algorithm that provides a range of alternatives for solving the most difficult business operations problems. Other enhancements include significant performance improvements that deliver solutions 35% faster -- 70% faster on particularly complex models, giving organizations more time for "what-if" analysis and scenario comparison.
Also announced today was ILOG OPL Development Studio(TM) 4.2, the latest release of ILOG's integrated development environment for optimization model design and deployment. The new OPL Development Studio offers new performance enhancements to support the new ILOG CPLEX 10 release and interfaces with the Conflict Refiner to simplify model debugging.
Advanced Model Debugging and Problem Solving Features
CPLEX 10 features several major breakthroughs. For example, the new "Conflict Refiner" is the first and only debugging tool that focuses on helping businesses rapidly find the inaccuracies that block problem resolution in optimization models, including extremely-complex Mixed Integer Programming models. Once Conflict Refiner defines the error, the model can be easily changed and the problem quickly resolved.
Another new feature is driven by a class of business problems requiring complex mathematical models that involve large amounts of data and thousands of constraints, that have always been both difficult and slow to resolve. The new "Solution Polishing" algorithm, an evolutionary algorithm based on the concepts of natural selection in genetics, creates a pool of possible alternatives representing the best, or better, solutions to help businesses more quickly and accurately resolve complex planning and scheduling problems.
Major performance enhancements in ILOG CPLEX 10, promise to cut, on average, problem resolution time in half -- helping businesses to improve the bottom line. In one example, supply chain planners who are forecasting complex product production and distribution volumes to meet buyers' demands and prevent revenue loss from overproduction can run 20 scenarios in two hours, instead of the usual 10. This ability to create more scenarios more quickly enables companies to evaluate all angles, improving accuracy and increasing revenue opportunities.
ILOG CPLEX 10 rapidly and accurately solves complex planning and scheduling issues including: workforce planning, flight schedules, crew schedules, distribution planning, production planning, supply chain delivery, product cycle time, inventory control and package delivery scheduling -- just to name a few. In addition to planning and scheduling problems in the manufacturing and transportation markets, ILOG CPLEX 10 is also used for investment portfolio management; sourcing and procurement; revenue management; asset management; and communication network bandwidth allocation.
ILOG Optimization Products
More than 1,000 commercial customers, including 160 members of the Global 500, use ILOG optimization tools, engines and applications to solve the world's most challenging planning and scheduling problems. These customers include APL, BNSF, JR East, Logistics, Maersk, Schneider, SNCF, United Airlines, the United States Postal Service and UPS in transportation and logistics; and Airbus, Coors, Dell, Hansol Paper, Michelin, Mitsubishi Chemicals, Nippon Steel, Nissan, Porsche, Saint Gobain, Thyssen Krupp, and Toyota; and in manufacturing.
ILOG optimization products are also used by a majority of leading Supply Chain Management software vendors, including Infor, Manhattan Associates, Manugistics, Oracle, Red Prairie, SAP and SSA Global, as well as in research programs at over 1,000 universities around the world, making the products the "gold standard" for performance and solution quality in the Operations Research community. For more information, please visit www.ilog.com/products/optimization .
About ILOG
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity. Over 2,500 global corporations and more than 465 leading software vendors rely on ILOG's market-leading business rule management system (BRMS), optimization and visualization software components, to achieve better returns on investment, create market-defining products and services, and sharpen their competitive edge. ILOG was founded in 1987 and employs more than 700 people worldwide. For more information, please visit www.ilog.com/ .
NOTE: ILOG and CPLEX are registered trademarks, and ILOG OPL Development Studio is a trademark, of ILOG. All other company and product names are trademarks or registered trademarks of their respective owners.
CONTACT: Susan Peters of ILOG, +1-650-567-8128, or speters@ilog.com
