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Major corporations from a broad range of industries have invoked the IMSL Numerical Libraries for various applications. Sample application areas for algorithm functionality include:
- Risk management and portfolio optimization and forecasting in finance and insurance
- Manufacturing yield analysis, process control
- R&D analytical tools for development
- Bioinformatics analysis
- Customer and market Visual Data Analysis
- Extending analysis and visualization capabilities for ISVs – Business Intelligence, databases, supply chain, etc.
Algorithms are used specifically as follows:
- Optimization: Optimization algorithms are widely used to optimize profits, portfolio returns, risk-adjusted returns, product design, factory cost structure, and more
- Radial Basis Function (Multi-Dimensional Curve Fitting) takes data in multiple dimensions and fits curves to it to allow for interpolation of data. Heavily used in R&D and finance.
- B-Splines Package (Curve Fitting) fits data to a curve. B-splines provide for a high degree of customization of how the curves are fit. Heavily used in R&D and Finance.
- Cluster Analysis: K-Means is a data mining algorithm that helps discover relationships between data, particularly in large data sets.
- Contour Plot: Heavily used chart type to view 3-D data
- Box Plot: Chart type used in statistics to visualize the spread of data and compare multiple data set
Our successes stories below show how you can invoke the IMSL Numerical Libraries for neural networks and Auto ARIMA techniques.
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Customer
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Application
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Technique
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Sample Routine
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Teksouth
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Human resources planning and forecasting
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Neural Net
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Sample Routines
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Major Wireless Service Provider
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Telecommunications network planning
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Auto-ARIMA
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Sample Routines
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Major Grocery Chain
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Inventory management and forecasting
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Neural Net
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Sample Routines
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For more success stories and sample application areas, please contact us.
Back to the Top
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IMSL Numerical Libraries Overview and Benefits
IMSL Libraries – Analytics Areas of Functionalities
IMSL Libraries – Extensive Environment Support
IMSL Libraries:
IMSL Libraries for Forecasting and Data Mining
IMSL Libraries: Auto Arima and Neural Networks
IMSL Libraries for Finance
Documentation
White Papers
Application Areas
Need more information?
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Support at:
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or email info@vni.com
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