IBM Decision Optimization
4.4
39

Not Claimed

IBM Decision Optimization is a family of prescriptive analytics products that uses mathematical and AI techniques to help with business decision-making. It includes powerful optimization solvers like CPLEX Optimizer and CP Optimizer to solve optimization problems. IBM ILOG CPLEX Optimization Studio is a product within this portfolio that allows users to develop optimization models using general programming language APIs or Optimization Programming Language (OPL). IBM Decision Optimization is also included within Watson Studio Premium for Cloud Pak for Data to enable data science teams to build innovative solutions using a combination of techniques like machine learning and optimization. Organizations across industries are using IBM Decision Optimization solutions to run their mission-critical decision-making applications and have benefited by way of reduction in operating costs, increase in revenue and accelerated time to value.
Developer
IBM
HQ Location
Armonk, NY
Year Founded
1911
Number of Employees
308,085
Twitter
Strengths
  • Efficient optimization

    Can solve complex optimization problems quickly

  • Flexible modeling

    Can model a wide range of business problems

  • Integration with IBM Watson

    Can leverage machine learning and AI capabilities of IBM Watson

Weaknesses
  • Expensive

    Pricing may be prohibitive for small businesses

  • Steep learning curve

    May require significant training to use effectively

  • Limited visualization capabilities

    May not provide sufficient visualization of optimization results

Opportunities
  • Increasing need for businesses to optimize operations and reduce costs
  • Opportunity to expand into industries beyond current customer base
  • Opportunity to integrate with other software providers to offer more comprehensive solutions
Threats
  • Other providers may offer similar or better solutions
  • Growing popularity of open-source software may reduce demand for proprietary solutions
  • Reduced demand for optimization solutions during economic downturns

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IBM Decision Optimization Plan

IBM Decision Optimization offers a flexible pricing model based on usage and version features, with no upfront costs.
IBM ILOG CPLEX Optimization Studio Free edition $ Free
Explore and learn optimization and constraint programming modeling with our free edition. Try free edition: https://www.ibm.com/account/reg/signup?formid=urx-20028 Limited to 1000 variables and 1000 constraints, but models can be edited Use both the OPL/IDE and API modeling/solving
Developer Subscription $ 199 per authorized user
Fully featured development environment for mathematical and constraint programming models with no limitation on model size. Purchase now: https://www.ibm.com/products/ilog-cplex-optimization-studio/pricing Unlimited variables and constraints Monthly and annual subscription plans available Support is included as long as the subscription remains active Use both the OPL/IDE and API modeling/solving
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