Insights for Business Executives and Optimization, AI and Advanced Analytics Practitioners
Insights for Business Executives and Optimization, AI and Advanced Analytics Practitioners
Following are lightly edited excerpts from Rob’s recent webinar (watch the recording here). An optimization model can perform beautifully in development but struggle or fail when it reaches production. The reason is straightforward: production changes the rules. A prototype often operates against a controlled dataset and can be given considerable time to find an answer. […]
At the INFORMS Analytics+ Conference in April, I moderated a panel on GPUs, the Primal-Dual Hybrid Gradient (PDHG) and “the ongoing evolution of Mixed Integer Linear Programming (MILP) and an investigation into the potential value of each to solve larger and more complex models.” I was asked because of my research at Stanford University and […]
Following are lightly edited questions and answers from Patricia’s presentation on Orchestrating Optimization with Precision Agents at the INFORMS Analytics+ conference and in a subsequent webinar (watch the recording here and see Patricia’s previous blog post for reference.) Question: What is the difference between an agent and a tool? Patricia: The agent is the decision […]
This post is based on Patricia’s presentation at the INFORMS Analytics+ Conference and in a subsequent webinar (watch the recording here). For decades, enterprise optimization systems have been built around a familiar assumption: if you can centralize enough data, encode enough constraints, and build a sufficiently sophisticated model, you can produce better operational decisions. That […]
Built on precision, safety, and long investment cycles, the rail industry has historically adopted innovation deliberately rather than aggressively. Significantly, AI is reshaping that pattern. Insights from the first two years (2024 and 2025) of the AI In Rail survey, conducted by Princeton Consultants with the Northwestern University Transportation Center (NUTC), point to a clear […]
Electric power executives are navigating one of the most complex operating environments the industry has ever faced. Demand patterns are shifting, renewables are accelerating, and energy storage is scaling rapidly, all of it managed within operational windows measured in minutes. At the center of that challenge sits a set of optimization models that most consumers […]
In September Irv was interviewed for the “Global Visionaries” podcast by Carlos Ponce. Listen to the full episode here: https://www.advancio.com/advancio-talks-season-2-episode10-with-irv-lustig/. Following are lightly edited excerpts. Carlos: Tell us about Princeton Consultants. What is your value proposition? What problems do you solve? Irv: I joined Princeton to help grow the optimization part of the business. We […]
In October I conducted a webinar, “Optimization Solution Development & Deployment, a Framework for Success” (watch it here). Following are lightly edited excerpts from the Q&A with the attendees. Some of the questions relate to the INFORMS Analytics Framework, which is described here. Question: What value does Princeton find in building optimization and analytics solutions […]
At the Gurobi Decision Intelligence Summit in September in Las Vegas, Irv participated in a panel discussion on Generative AI (GenAI) for Optimization, moderated by Gurobi’s Dan Steffy. Following are lightly edited excerpts. Irv Lustig: Regarding GenAI, I would say I’m an observer, using my experience to evaluate different things that are going on in […]
For the Optimization Catalyst podcast (listen here) Steve spoke with Solange Gelman, Director of IT Application Development and Airport Operations Technologies at United Airlines, and David O’Keefe, head of Alliances America at Gurobi. Following are lightly edited excerpts. David: Solange, you oversee both passenger-facing and operational technologies at United Airlines. Could you give us a […]
