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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fair Isaac Inc | NYSE:FICO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-13.94 | -0.59% | 2,334.51 | 2,364.379 | 2,305.30 | 2,348.45 | 28,900 | 17:09:10 |
Top analyst research recognizes the transformative power of FICO Platform to unlock digital transformation for customers worldwide
FICO (NYSE: FICO)
Highlights:
Global analytics software leader, FICO has been recognized by leading industry analyst firms IDC, Forrester, and Chartis for delivering enterprises a transparent and trustworthy way to drive business outcomes, powered by AI. The architecture of FICO® Platform is designed for business innovators to support a myriad of business needs and use cases with a common set of modular building blocks.
“As demands for AI-powered digital transformation continue to change the business world, the overall demand for platforms is expected to grow dramatically,” said Bill Waid, chief product and technology officer at FICO. “The validation that FICO has received from independent analysts across the industry is a testament to FICO Platform innovation, which continues to empower our clients to make transformational, transparent, and automated decisions across their businesses worldwide.”
FICO® Platform uses data, analytics, AI, and optimization to continuously improve decisions, customer interactions, and risk management at scale across the enterprise. The platform is designed to empower enterprises to break down silos across teams and empower employees to achieve customer-focused digital transformation, while giving enterprises greater agility and collaboration.
In addition, Gartner included FICO in its 2024 Gartner Market Guide for Decision Intelligence Platforms (DIPs), validating the growing need for organizations to adopt platforms powered by AI. The report states how the overall demand for DIPs is expected to grow, driven by pressure on organizations to make decisions more scalable and transparent, yet more contextualized and personalized. The general context includes more complexity, disruptions, global competition and emancipated consumers and citizens.
IDC, Forrester, and Chartis point out FICO’s innovations and strengths, stating:
Recent enhancements across FICO® Platform include improvements to Data Connection & Ingestion, Business Composability, Enterprise Optimization, and Digital Twins & Simulation Capabilities. Leveraging powerful orchestration across the enterprise, FICO Platform continues to expand the nuanced, contextual insights users can derive from complex data sources while delivering the granular control required for global compliance needs.
To learn more about FICO® Platform, read:
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.
Learn more at https://www.fico.com/en.
Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/
For FICO news and media resources, visit https://www.fico.com/en/newsroom.
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241114140454/en/
Julie Huang press@fico.com
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