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Release: Defence Science and Technology Organisation (DSTO) Awards Contract to SolveIT Software for UAV Pre–Mission Planning

ADELAIDE, SOUTH AUSTRALIA, 3 December, 2007 — SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that it has signed a contract with Defence Science and Technology Organisation (DSTO) for the delivery of a software system that will optimize pre–mission planning for Uninhabited Air Vehicles (UAVs).

“DSTO is developing an experimental capability which employs small, inexpensive UAVs that act autonomously and cooperatively to detect, identify, locate, track, and electronically engage ground–based targets such as radars,” said Dr. Anthony Finn, Head of Automation of the Battlespace at DSTO. “These UAVs rely upon a heterogeneous mix of relatively unsophisticated Electronic Warfare (EW) payloads to observe and engage their adversarial environment.” (More)

Article: New Software Saves the Day

ADELAIDE, SOUTH AUSTRALIA, 16 October 2007 (Advertiser) — Summary — Adelaide firm SolveIT Software launched its new currency hedging program in time for the recent volatility in the Australian dollar, helping local wool company Michell ride out the turbulence. SolveIT Software deployed its currency hedging software in August, after completing an extended proof of concept late last year. Matthew Michalewicz said the company used “fuzzy logic” in its software, which could adapt to changing conditions. (More)

Release: SolveIT Software’s Currency Hedging System Helps Exporters in Volatile Financial Markets

ADELAIDE, SOUTH AUSTRALIA, 30 August 2007 — SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that its state–of–the–art currency hedging system has been put into production use at Michell Pty Ltd.

“When significant volatility erupted in the financial markets earlier this month, the SolveIT Software currency hedging system helped position us for the rapid fall in the Australian dollar,” said Mr. David Michell, Managing Director of Michell Pty Ltd. “We believe that SolveIT Software currency hedging system will aid in improving our operating results by allowing us to make better currency hedging decisions.” (More)

Article: Can business use science to make good decisions?

ADELAIDE, SOUTH AUSTRALIA, 1 August 2007 (Adelaidean) — Groundbreaking work on new systems that could revolutionise the way businesses make decisions has earned national recognition for a professor in the University of Adelaide’s School of Computer Science. Professor Zbigniew Michalewicz, Chairman of the Board of SolveIT Software, has been made a Fellow of the Australia Computer Society (ACS) for his work into Adaptive Business Intelligence – a new family of systems that use science to help businesses predict and respond to issue related to their operations. (More)

The book Adaptive Business Intelligence is available through (Amazon)

Release: Pernod Ricard Pacific Awards Scheduling Optimisation Contract to SolveIT Software

ADELAIDE, SOUTH AUSTRALIA, 8 June, 2007 — SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that it has signed a contract with Pernod Ricard Pacific for the delivery of a Tank Management System that will optimise the allocation and utilisation of tanks.

Orlando Wines (a division of Pernod Ricard Pacific) manages more than 1000 tanks of differing capacities at the Rowland Flat production site and makes daily decisions on the storage of juices and wines in these tanks. Under the terms of the agreement, SolveIT Software will use its proprietary optimisation platform to develop a Tank Management System for Orlando Wines. The system will use projected grape intake and wine production to minimise the number and distance of transfers between tanks, as well as the number of litres being transferred. Based on the principles of Adaptive Business Intelligence, the Tank Management System will adapt the optimal solution based on actual grape intake and wine production. (More)

Release: Australian Computer Society Adopts “Adaptive Business Intelligence”

ADELAIDE, SOUTH AUSTRALIA, 8 May, 2007 — SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that the Australian Computer Society (ACS) has adopted “Adaptive Business Intelligence” as part of its Computer Professional Education (CPe) Program.

“We see Adaptive Business Intelligence as an advanced, applications-oriented subject, which is both fascinating and of real career–expanding potential. We are offering it as an elective to our CPeP students and, dependent upon numbers, as a stand–alone professional development subject to all IT managers and practitioners with appropriate prior knowledge and expertise.” said Dr. David Lindley, Academic Principal & Chief Examiner of the Australian Computer Society. (More)

Article: Local Authors Strut Their Stuff

ADELAIDE, SOUTH AUSTRALIA, 1 April, 2007 (In Business Magazine) — Summary — SA could soon be branded the business author�s state with many of Australia’s successful business writers based here. In Business magazine recently launched an online bookstore featuring business–related titles with a difference – most of the books in our collection are by local authors.

“In Business is South Australia’s premier magazine and the success it equates makes it an honour to be associated with In BusinessBOOKS,” said noted IT entrepreneur and co–author of Winning Credibility and Adaptive Business Intelligence, Matthew Michalewicz. (More)

Article: Adaptive Business Intelligence

SYDNEY, NEW SOUTH WALES, February 15, 2007 (Information Age) — Summary — Since the computer age dawned on mankind, one of the most important areas in information technology has been that of “decision support”. Today, this area is more important than ever. Working in dynamic and ever–changing environments, modern–day managers are responsible for an assortment of far–reaching decisions: Should the company increase or decrease its workforce? Enter new markets? Develop new products? Invest in research and development? The list goes on. But despite the inherent complexity of these issues and the ever–increasing load of information that business managers must deal with, these decisions boil down to two fundamental questions: What is likely to happen in the future? And What is the best decision right now? (More)

Release: Michell Awards Currency Hedging Optimisation Contract to SolveIT Software

ADELAIDE, SOUTH AUSTRALIA, 30 January 2007 — SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that it has signed a contract with Michell Pty Ltd for the delivery of a software system that will optimise currency hedging decisions.

“Given the competitive pressures of today’s global marketplace, it’s important for international companies to seize any edge that the latest advances in computer science can provide,” said Mr. David Michell, Managing Director of Michell. “We believe that the system from SolveIT Software will aid in improving our operating results by allowing us to make better currency hedging decisions.”

For more than 130 years, the Michell name has been associated with the international wool textile industry. Today, Michell Pty Ltd is a leading provider of innovative fibre and fibre solutions to the international wool and textile industry. (More)