In the Market Guide for Optimization Solutions, Gartner predicts that by 2018 optimization will no longer be a niche discipline; it will become a best practice for leading organizations to address a wide range of complex business decisions.

Gartner defines optimization as “a type of prescriptive analytics that finds a ‘best’ solution from a set of ‘feasible’ solutions using a mathematical algorithm that maximizes or minimizes a specified objective function subject to constraints.”  Optimization platforms are defined as “application design and authoring environments that allow skilled users to specify an optimization problem, design and run scenarios, and create a wide range of optimization applications.”

You may find profiles of different optimization tools at our Live Product Catalogs