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FICO Named a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Report

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FICO (NYSE: FICO) has been named a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment. The report highlights FICO® Platform as a solution that revolutionizes digital transformation for businesses through an end-to-end integrated approach. Key strengths of FICO Platform include:

  • Strong brand equity, especially in regulated industries
  • Scalable data integration capabilities across internal and over 100 external sources
  • Flexibility in decision models
  • Positive client feedback on support and machine learning capabilities

The platform empowers organizations to drive critical, strategic business outcomes across the entire customer lifecycle while enabling agile and collaborative innovation.

FICO (NYSE: FICO) è stata nominata Leader nella IDC MarketScape: Valutazione dei Fornitori di Piattaforme di Intelligenza Decisionale Mondiali 2024. Il rapporto evidenzia la Piattaforma FICO® come una soluzione che rivoluziona la trasformazione digitale per le aziende attraverso un approccio integrato end-to-end. I principali punti di forza della Piattaforma FICO includono:

  • Solida reputazione del marchio, soprattutto in settori regolamentati
  • Capacità di integrazione dei dati scalabile attraverso fonti interne e oltre 100 fonti esterne
  • Flessibilità nei modelli decisionali
  • Feedback positivo dei clienti su supporto e capacità di apprendimento automatico

La piattaforma consente alle organizzazioni di guidare risultati aziendali critici e strategici lungo l'intero ciclo di vita del cliente, facilitando al contempo un'innovazione agile e collaborativa.

FICO (NYSE: FICO) ha sido nombrada Líder en el IDC MarketScape: Evaluación de Proveedores de Plataformas de Inteligencia de Decisiones Globales 2024. El informe destaca la Plataforma FICO® como una solución que revoluciona la transformación digital para las empresas a través de un enfoque integrado de extremo a extremo. Las principales fortalezas de la Plataforma FICO incluyen:

  • Fuerte equidad de marca, especialmente en industrias reguladas
  • Capacidades de integración de datos escalables a través de fuentes internas y más de 100 fuentes externas
  • Flexibilidad en los modelos de decisión
  • Comentarios positivos de los clientes sobre el soporte y las capacidades de aprendizaje automático

La plataforma permite a las organizaciones impulsar resultados comerciales críticos y estratégicos a lo largo de todo el ciclo de vida del cliente, mientras fomenta la innovación ágil y colaborativa.

FICO (NYSE: FICO)는 2024년 전 세계 의사결정 인텔리전스 플랫폼 공급업체 평가에서 리더로 선정되었습니다. 이 보고서는 FICO® 플랫폼을 비즈니스의 디지털 혁신을 혁신하는 솔루션으로 강조하며, 완전 통합된 접근 방식을 제공합니다. FICO 플랫폼의 주요 강점은 다음과 같습니다:

  • 규제 산업에서의 강력한 브랜드 자산
  • 내부 및 100개 이상의 외부 소스를 통한 확장 가능한 데이터 통합 능력
  • 의사결정 모델의 유연성
  • 지원 및 머신러닝 능력에 대한 긍정적인 고객 피드백

이 플랫폼은 조직이 고객 생애 전체에 걸쳐 중요한 전략적 비즈니스 결과를 추진할 수 있도록 하며, 민첩하고 협력적인 혁신을 가능하게 합니다.

FICO (NYSE: FICO) a été désignée Leader dans le IDC MarketScape: Évaluation des Fournisseurs de Plates-formes d'Intelligence Décisionnelle Mondiale 2024. Le rapport souligne la Plateforme FICO® comme une solution qui révolutionne la transformation numérique pour les entreprises grâce à une approche intégrée de bout en bout. Les principaux atouts de la Plateforme FICO comprennent :

  • Forte réputation de la marque, notamment dans les secteurs réglementés
  • Capacités d'intégration des données évolutives à travers des sources internes et plus de 100 sources externes
  • Flexibilité dans les modèles de décision
  • Retours positifs des clients sur le support et les capacités d'apprentissage automatique

La plateforme permet aux organisations de générer des résultats commerciaux critiques et stratégiques tout au long du cycle de vie du client, tout en favorisant une innovation agile et collaborative.

FICO (NYSE: FICO) wurde als Leader im IDC MarketScape: Globale Anbieterbewertung von Entscheidungsintelligenz-Plattformen 2024 anerkannt. Der Bericht hebt die FICO® Plattform als eine Lösung hervor, die die digitale Transformation für Unternehmen durch einen integrierten End-to-End-Ansatz revolutioniert. Zu den wichtigsten Stärken der FICO-Plattform gehören:

  • Starke Markenbekanntheit, insbesondere in regulierten Branchen
  • Skalierbare Datenintegrationsfähigkeiten über interne und über 100 externe Quellen
  • Flexibilität in Entscheidungsmodellen
  • Positive Kundenfeedbacks zu Support und maschinellem Lernen

Die Plattform ermöglicht es Organisationen, entscheidende, strategische Geschäftsergebnisse über den gesamten Kundenlebenszyklus hinweg voranzutreiben und gleichzeitig agile und kollaborative Innovationen zu ermöglichen.

Positive
  • FICO named a Leader in the 2024 IDC MarketScape for Worldwide Decision Intelligence Platforms report
  • FICO Platform recognized for strong brand equity, especially in regulated industries
  • Scalable data integration capabilities across internal and over 100 external data sources
  • Positive client feedback on support and machine learning capabilities
  • Flexibility in decision models, allowing customers to use FICO's model or bring their own
Negative
  • None.

BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE: FICO)

Highlights:

  • FICO positioned as a Leader in the 2024 IDC MarketScape for Worldwide Decision Intelligence Platforms report.
  • FICO® Platform empowers enterprises to operationalize decisions and improve customer interactions, while avoiding costly errors, with its end-to-end integration of data analytics, digital simulation, risk modeling, and artificial intelligence (AI).

Global analytic software company FICO today announced it was named as a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment (doc #US51047423, August 2024).

FICO® Platform is designed to revolutionize digital transformation for businesses worldwide through an end-to-end integrated solution that powers organizations to drive critical, strategic business outcomes across the entire customer lifecycle while breaking down silos and enabling agile and collaborative innovation.

The IDC MarketScape report defines decision intelligence (DI) as “being a discipline and technology that helps organizations design, engineer, and orchestrate decisions by fully or partially automating all the steps in the decision-making process.” The IDC MarketScape noted, “FICO Platform was created in 2017 as a combination of multiple legacy point solutions for decisioning. It has been growing rapidly over recent years, now making up a sizable portion of FICO's business alongside the company's legacy credit monitoring capabilities.”

Per the report, FICO Platform’s strengths include:

  • Strong brand equity especially when it comes to regulated industries (given the company's legacy) and is scalable across regions and deployment options
  • Scalable data integration capabilities across internal and over 100 external data sources; positive client feedback around support and machine learning capabilities
  • Flexibility around decision models whereby the company can either provide its own model for the platform or enable customers to bring their own model

“We believe FICO’s position as a Leader in the IDC MarketScape report is a testament to our commitment to innovating technology that enables real-time, transparent decision-making at scale. FICO Platform helps organizations build deeper, more meaningful relationships with their customers. Its ability to integrate data seamlessly, offer flexibility in decision models, and provide strong AI operationalization capabilities empowers organizations to drive strategic outcomes in an increasingly competitive market,” said Nikhil Behl, executive vice president, Software at FICO.

Download an excerpt copy of the report at https://www.fico.com/en/latest-thinking/analyst-report/idc-marketscape-worldwide-decision-intelligence-platforms-2024.

For more information on FICO Platform, visit: https://www.fico.com/en/fico-platform

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

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 100 countries do everything from protecting 4 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.

Julie Huang

press@fico.com

Source: FICO

FAQ

What recognition did FICO receive in the IDC MarketScape 2024 report?

FICO was named a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment report.

What are the key strengths of FICO Platform according to the IDC MarketScape report?

The key strengths include strong brand equity in regulated industries, scalable data integration capabilities, flexibility in decision models, and positive client feedback on support and machine learning capabilities.

How does FICO Platform contribute to digital transformation for businesses?

FICO Platform revolutionizes digital transformation by providing an end-to-end integrated solution that powers organizations to drive critical, strategic business outcomes across the entire customer lifecycle while enabling agile and collaborative innovation.

What is the stock symbol for FICO?

FICO's stock symbol is NYSE: FICO.

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