FICO World, analytics software firm FICO showcased the latest enhancements to FICO Decision Management Suite (DMS) which leverages artificial intelligence (AI), machine learning (ML), advanced analytics, optimization and decisioning to deliver better, more predictive business outcomes. "We are excited to unveil new capabilities in FICO DMS," said Jari Koister, vice president of product management at FICO. "DMS supports the full life cycle of decision, analytics and AI driven applications, this includes data ingest and management, collaborative development, scalable elastic execution, and management and performance tracking of models." The new Enterprise Grade Cloud Service is a managed service offered in a FICO datacenter or on AWS. This new service provides everything an enterprise needs to run and operate decision management solutions in the Cloud, including infrastructure, support, architecture best practices, and lifecycle services. Introducing a new Analytics Workbench, FICO now offers a robust analytic development tool that was built from the ground up to be fully integrated with the decision platform.

Today from FICO World, analytics software firm FICO showcased the latest enhancements to FICO Decision Management Suite (DMS) which leverages artificial intelligence (AI), machine learning (ML), advanced analytics, optimisation and decisioning to deliver better, more predictive business outcomes. "We are excited to unveil new capabilities in FICO DMS," said JariKoister, vice president of product management at FICO. "DMS supports the full life cycle of decision, analytics and AI driven applications, this includes data ingest and management, collaborative development, scalable elastic execution, and management and performance tracking of models." The new Enterprise Grade Cloud Service is a managed service offered in a FICO data center or on AWS. This new service provides everything an enterprise needs to run and operate decision management solutions in the Cloud, including infrastructure, support, architecture best practices, and lifecycle services. Introducing a new Analytics Workbench, FICO now offers a robust analytic development tool that was built from the ground up to be fully integrated with the decision platform. With the FICO Analytics Workbench, both business users and data scientists have access to sophisticated yet easy-to-use data exploration, visual data wrangling, decision strategy design and machine learning.

To solidify its position at the center of the industrial internet of things (IIoT), GE Digital is adding features to its Predix platform as a service (PaaS) that will let industrial enterprises run predictive analytics as close as possible to data sources, whether they be pumps, valves, heat exchangers, turbines or even machines on the move. The main idea behind edge computing is to analyze data in near real-time, optimize network traffic and cut costs. At its annual Minds Machines conference this week in San Francisco, GE Digital, the software arm of industrial conglomerate GE, is offering an array of new applications and features designed to run at the edge network and let companies more efficiently and precisely plan service times and predict equipment failure. The new apps, which extend the Predix Edge platform announced at Minds Machines last year, also are meant to connect information and operational technology (OT and IT) systems to better manage companywide assets, for example bringing data from the factory floor and inventory facilities into ERP and supply-chain systems that may reside in corporate data centers or in the cloud. As enterprises try to get a handle on the vast amount of data generated by IoT devices, some of the biggest names in tech are offering a variety of apps and cloud services to help.