How Operations Research helps improve the efficiency of business processes

How Operations Research helps to improve the efficiency of business processes

Operations Research (OR) is a mathematical discipline that consists of the use of mathematical modelling and optimisation techniques to solve complex problems, maximising or minimising one or more objectives, taking into account the constraints and limitations of the problem. The purpose is to be able to describe a process to be studied so that we…

Planificación óptima de los mantenimientos de las instalaciones eléctricas

Optimal Planning of Maintenance of Electrical Installations

In this article, we tell you how state-of-the-art models and algorithms help to optimize maintenance planning for electrical installations. To guarantee the proper functioning of the electricity system, distribution companies carry out routine maintenance, revision, and inspection work on electrical installations throughout the distribution network. The aim is to ensure continuity of supply in all…

digital decisioning

Digital Decisioning: decision management by integrating automation, advanced analytics, and business rules

The high volume of decisions a company must make, their complexity and direct impact on customer experience and the profitability of the business, make automated, real-time decision-making necessary. As we already mentioned in our article “Applying Artificial Intelligence to decision-making (spanish),” Digital Decisioning is the field that deals with business decision-making, using and integrating different…

Prescriptive Analytics in Artificial Intelligence

Prescriptive Analytics is very valuable in the Artificial Intelligence field

Last June 20th, in the webinar “The value of Prescriptive Analytics in Artificial Intelligence”, one of our experts in Data Analytics explained what this analytical technique is, how it works and what benefits it brings to businesses. If you are interested in this webinar, you’re lucky! Now you can watch the webinar video here. “Intelligence…

Technology in Risk Management

Infographic: Technology in Risk Management in the Banking Sector

According to “The (r)evolution of risk management“, the latest global study on risk management by dun&bradstreet, the banking and finance sector is undergoing a global digital transformation in all business areas and business processes. The future of the banking sector requires the application of smart tools and technology in risk management, customer communication or commercial…

Artificial Intelligence trends

Top 5 Artificial Intelligence trends in 2019

According to Gartner, during 2019 the most relevant technological trends will focus on Artificial Intelligence, data analytics, quantum computing and Blockchain. Of these, Artificial Intelligence trends will be among the most significant. The growing need to automate business processes to ensure the sustainability of operations and maximize profitability, along with the digitization, has increased technological…