Insights for Business Executives and Optimization, AI and Advanced Analytics Practitioners
Insights for Business Executives and Optimization, AI and Advanced Analytics Practitioners
Scheduling has for decades been a prime process to optimize. Recently at Princeton Consultants, we are seeing an increasing number of highly complex scheduling problems across industries, perhaps because costs are rising and critical resources are becoming more limited. Executives are looking to maximize efficient utilization of their workforce, equipment, vehicles, and other high-value assets. […]
This post was not generated by AI. If it was, you likely wouldn’t be able to tell, so you’ll just have to trust me. It’s quite remarkable to technologists and businesspeople (and educators and politicians and artists…) that the authenticity of authorship is increasingly complicated. AI applications can generate far more than simple blog posts, […]
Following are edited excerpts from Irv’s April 11 webinar with Taipy, https://taipy.io/, a tool that eases web development with drag-and-drop Python integration. We created a solution that optimizes a complex scheduling process for a client organization. The tasks range in duration from several days to more than a year. There are teams of varying sizes, […]
Steve has recently conducted webinars for Gurobi about best practices in applied optimization. Following are excerpts from the Q&A sessions. Question: How do you use optimization project valuation frameworks and practices effectively for strategic planning? Steve: As you suggest, it isn’t easy to measure impact in strategic planning. One approach is to build a tool […]
Following are excerpts from Steve’s Jan. 25 webinar hosted by Gurobi Optimization. The AI optimization success lifecycle—from the charter to the harvest—represents a wonderful world. However, today we will get away from the “wonderful” and talk about what really happens in the field. Often, colleagues and I see that a chasm forms between the early […]
Steve recently gave a guest lecture to Professor Shruti Sharma’s introductory class on optimization for graduate students at the NYU Tandon School of Engineering, in the Technology Management and Innovation Department. Following are lightly edited excerpts. Scalable “Scalable” is something that everyone your age has heard a bunch of times. For my generation and older, it […]
What optimization solvers, programming and modeling languages do professors, students and industry practitioners use? Do they align? At the INFORMS Annual Meeting in October in Phoenix, Princeton Consultants asked attendees to see what has changed since 2017, the last time we conducted the survey. The findings are summarized as follows: The usage of Gurobi increased. The […]
Following are lightly edited excerpts from Steve’s recent presentation in a Gurobi Optimization webinar. If optimization is so powerful, why do top executives need convincing to invest in it? Well, they are constantly pitched, by internal colleagues and external advisors, to spend money in many different areas. They learn to say no to anything that […]
I was recently interviewed on “Tech Leaders Unplugged,” a podcast for businesspeople that covers “the latest technology trends and innovations from AI to the blockchain, fintech to health tech.” Watch or listen to the 30-minute interview here. Here are some lightly edited excerpts. Wade Erickson: A lot of our listeners come from the tech space. […]
Irv was interviewed by Lityx CEO Paul Maiste for the Data Stories podcast. Following are lightly edited excerpts. Listen to the full conversation here. Paul Maiste: We talk a lot in this podcast about data, analytics, and machine learning, and how they help businesses solve challenges and grow. What is it about a business problem that […]
