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. […]
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 […]
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 […]
Irv was the first guest on The Decision Intelligence Lab, a podcast hosted by Professor Michael Watson (Northwestern University) and Professor Vijay Mehrotra (University of San Francisco) to “deliver real-world insights for data professionals, business leaders, and anyone seeking to leverage data for smarter decision-making.” Listen to the episode here. Following are lightly edited excerpts. […]
The Optimization Edge: Reinventing Decision Making to Maximize All Your Company’s Assets by Steve Sashihara (available on Amazon Kindle) was translated in 2025 into Mongolian by Dr. Bolor Jargalsaikhan, an optimization practitioner and CEO of Data Deus, based in Ulaanbaatar. View scenes from the launch party here. Bolor kindly answered the following questions. What […]
Buyers and sellers of software assets often require thorough due diligence performed rapidly—as little as two weeks. Technical and business skills are both critical to conduct such evaluations. If the system and its interdependencies are highly complex, advanced automated software tools assist the review. Based on assessments conducted over 40 years, Princeton Consultants has established […]
Periodically we draw from other Princeton Consultants practice areas for helpful content. When does a project go bad? Signs of trouble don’t appear in status reports until the project is well underway. After all, it takes some time for the budget to slip significantly, and even if early dates are missed, there is a bias […]
