Organizations must constantly adapt to rapidly changing business requirements and increasing cost pressure. They need to optimize their business processes to allocate scarce resources more efficiently. In today's businesses, many processes are complex, accurate data for optimization efforts is sometimes lacking, and potential investments can be highly risky. The Business Optimization group applies cutting-edge models, algorithms, software and expertise to solve complex optimization problems.
In an era of continuous technological advancements, the available tools in solving business problems and handling huge amounts of data are constantly increasing. Problems considered impossible only a few years ago are now easily solved on a laptop computer. Even though the fundamentals of mathematics and statistics do not change, the advancement of research in the field and the availability of sophisticated computer software have changed the way we approach problems.