Beaverton, Ore – Gurobi Optimization, LLC – which produces the world’s fastest mathematical optimization solver, the Gurobi Optimizer – today released the inaugural edition of its annual State of Mathematical Optimization Report. The report highlights the business impact of mathematical optimization, revealing how companies across more than 42 industries are using this AI technology to solve a broad range of business problems and achieve a variety of business objectives, including maximizing revenue, minimizing costs, and maximizing resource utilization.
The report – which is based on the results of a survey of 251 commercial users of mathematical optimization conducted by Gurobi last year – provides insights into who is using mathematical optimization technology, how mathematical optimization solvers are being deployed in various off-the-shelf and custom-built applications, what business benefits mathematical optimization delivers, and why the use of this AI technology is expanding into new areas across the enterprise.
“We are proud to announce the publication of our first-ever State of Mathematical Optimization Report, which showcases the business value of mathematical optimization across over 42 different industries. The report highlights the enduring and expanding impact of mathematical optimization – which was first introduced more than 70 years ago – in the business world today,” said Gurobi’s Chief Revenue Officer Duke Perrucci. “I would encourage business leaders to read the report so that they can gain a better understanding of the power of mathematical optimization and the opportunities it presents for their organizations.”
Key findings from the State of Mathematical Optimization Report include:
To download the full report, click here.
Gurobi produces the world’s fastest and most powerful mathematical optimization solver – the Gurobi Optimizer – which is used by leading global companies across more than 40 different industries to rapidly solve their complex, real-world problems and make automated decisions that optimize their efficiency and profitability.
As the market leader in mathematical optimization software, we aim to deliver not only the best solver, but also the best support – so that companies can fully leverage the power of mathematical optimization (on its own or in combination with other AI techniques such as machine learning) to drive optimal business decisions and outcomes.
Founded in 2008, Gurobi has operations across the USA, Europe, and Asia and has more than 2,500 customers globally including SAP, Air France, Uber, and the National Football League (NFL). For more information, please visit Gurobi.com or call +1 713 871 9341.
Gurobi Optimization, LLC
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