Ligalytics Uses FICO Analytics to Optimize Sports Schedules

Rhea-AI Summary

FICO has partnered with Ligalytics, a sports scheduling company, to utilize FICO® Xpress Solver for optimizing sports league schedules. This technology aids several top European sports leagues and recently expanded to the U.S., working with The Basketball League. FICO offers a comprehensive suite of analytics software, enhancing decision-making across industries. Ligalytics aims to improve scheduling fairness and viewer engagement through advanced algorithms, significantly reducing runtime challenges. FICO's cloud-based platform supports various industries, leveraging over 195 patents for operational excellence.

Positive

• Partnership with Ligalytics enhances FICO's market presence in sports analytics.
• FICO Xpress Solver enables efficient, fair scheduling for multiple top European sports leagues.
• Expansion into the U.S. market with The Basketball League as a new customer.

Negative

• None.

BENSHEIM, Germany, Feb. 24, 2021 /PRNewswire/ --

Highlights:

• Ligalytics, the sports scheduling company, uses FICO^® Xpress Solver to solve challenging optimization problems and generate fair and lucrative sports schedules
• Ligalytics serves many top European sports leagues, including: Deutscher Fußballbund (DFB), Champions League Basketball, EuroLeague Basketball and Champions Hockey League, Basketball Bundesliga, German Ice Hockey League , German Tischtennis Bundesliga and German Football League, Finland's premier soccer league Veikkausliiga, and Metal Ligaen, the premier league of Danish ice hockey. A recent new customer in the United States is The Basketball League.
• FICO is a global analytics software company offering a complete suite of tools for decision management, including cutting-edge mathematical optimization solvers

Ligalytics is joining the ranks of firms that use the FICO^® Xpress Optimization Suite to solve complex sports league scheduling challenges in record time.

More information: https://www.fico.com/en/products/fico-xpress-solver

Based in Germany, Ligalytics provides custom sports scheduling solutions for several major national and international sports leagues, including such top European sports leagues as Deutscher Fußballbund (DFB), Champions League Basketball, EuroLeague Basketball and Champions Hockey League, Basketball Bundesliga, German Ice Hockey League, German Tischtennis Bundesliga and German Football League, Finland's premier soccer league Veikkausliiga, and Metal Ligaen, the premier league of Danish ice hockey. Recently, Ligalytics was announced as the new scheduling firm for America's The Basketball League.

"Sports league schedules pose difficult analytical challenges because of interdependent considerations and constraints," said Professor Dr. Stephan Westphal, executive director of Ligalytics, with a track record of more than 15 years in sports scheduling. "Such schedules should increase the number of spectators while balancing the availability of sports sites, broadcast schedules, sponsors' wishes and the need to have schedules that achieve a fair balance between weak and strong teams. We have developed sophisticated algorithms that consider billions of alternatives, which critically depend on a fast mathematical optimization solver. We chose FICO Xpress because its solver gives us the greatest reduction in runtime, and the software has incredible flexibility."

"We all get upset if our team gets an unfair playing schedule, plays too many away games or too many untelevised games," said Jens Dauner, who oversees FICO's operations in Central and Eastern Europe. "We at FICO are proud that our optimization technology can play a part in creating fair and balanced schedules, and we look forward to working with Ligalytics, a leading firm in this industry."

As part of FICO^® Xpress Optimization, FICO^® Xpress Solver helps customers solve their most difficult, complex business problems by providing the widest breadth of industry-leading optimization algorithms and technologies. FICO's powerful and versatile algorithms solve for large-scale, linear and mixed integer problems, constraint programming and non-linear problems. FICO Xpress Optimization is part of the FICO^® Platform, a cloud-based, AI-powered environment for managing decisions across the enterprise.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at https://www.fico.com

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

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SOURCE FICO

FAQ

What is the recent partnership involving FICO?

FICO has partnered with Ligalytics to use FICO® Xpress Solver for optimizing sports league schedules.

Which sports leagues are served by Ligalytics using FICO technology?

Ligalytics serves several top European leagues including the Deutscher Fußballbund and Champions League Basketball.

How does FICO Xpress Solver benefit sports scheduling?

FICO Xpress Solver helps solve complex scheduling issues, ensuring fairness and increasing spectator engagement.

When was the partnership with Ligalytics announced?

The partnership was announced on February 24, 2021.

What is the significance of FICO® Xpress Optimization?

FICO® Xpress Optimization provides advanced algorithms for solving complex business problems across various industries.