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Release: Visy Selects SolveIT Software for Supply Chain Network Optimisation

ADELAIDE, SOUTH AUSTRALIA, 28 October 2008 — SolveIT Software Pty Ltd, a leading provider of enterprise software solutions for supply & demand optimisation and predictive modelling, announced today it has signed a contract with Visy for piloting SolveIT Software’s Supply Chain Network Optimisation (SCNO) system across Visy’s pulp & paper division.

Designed to enable company-wide (globally) optimised decisions, rather than silo-based (locally) optimised decisions, SolveIT Software’s SCNO system will be piloted by Visy Pulp & Paper to optimise multi-plant production order planning. Visy Pulp & Paper currently produces recycled corrugated paper for the packaging and building industries from six 100% recycled machines in Australia, located in Melbourne, Sydney and Brisbane. Together, these machines produce approximately 700,000 tonnes of packaging paper each year. By taking into account customer demands, plant characteristics and capacities, and costs and modes of transport, SolveIT Software’s SCNO system will generate optimised multi-plant order allocation schedules. (More)

Release: SolveIT Software Co-Founder Named Finalist for Science Excellence Awards

ADELAIDE, SOUTH AUSTRALIA, 22 August 2008 — SolveIT Software Pty Ltd, a leading provider of enterprise software solutions for supply & demand optimisation and predictive modelling, announced today that the company’s co-founder and Chairman, Dr Zbigniew Michalewicz, has been named a finalist for South Australia’s Science Excellence Awards for the commercialisation success of Adaptive Business Intelligence.

“These prestigious awards, now in their fourth year, recognise and reward some of our State’s most outstanding scientists,” Minister Caica said. “Our scientists compete in a highly globalised research and innovation environment and they consistently excel on the world stage, making enduring contributions to the social and economic growth of our State.” (More)

Book review: Adaptive Business Intelligence

NEW YORK, NEW YORK, 1 June 2008 (INFORMS p215-219) — Summary — The authors of Adaptive Business Intelligence introduce a new element to intelligent software systems — adaptability— the importance of which we cannot overemphasise. The book’s authors argue that recent achievements in computational intelligence support the development of new systems that can adapt to dynamic environments. If contemporary business managers read Adaptive Business Intelligence we believe that they will become supporters of the proposed intelligence decision-making systems. (More)

Release: ABB Grain Awards Supply Chain Network Optimisation Contract to SolveIT Software

ADELAIDE, SOUTH AUSTRALIA, 20 May, 2008 — SolveIT Software Pty Ltd, a leading provider of enterprise software solutions for supply & demand optimisation and predictive modelling, announced today it had signed a contract with ABB Grain for delivery of a software system for optimising transportation logistics of its grain shipments.

Under the terms of the agreement, SolveIT Software will use its proprietary optimisation platform to develop a Grain Transportation Logistics Optimiser as a sub–component of an overall Supply Chain Network Optimiser.

“With ever–increasing demands to make the right decisions about our storage and handling logistics, ABB Grain has been looking at ways to optimise transportation costs and provide the best supply chain solution for both ABB and its clients,” ABB’s executive manager of group operations, John Warda said. “Deregulation of grain exports has resulted in the need for a sophisticated tool to assist us in working through the numerous options that must be considered and we see the SolveIT solution as providing the means to achieve that.” (More)

Release: SolveIT Software Extends Currency Hedging System to Euro and Yen

ADELAIDE, SOUTH AUSTRALIA, 7 May, 2008 — SolveIT Software Pty Ltd, a leading provider of software solutions for supply & demand optimisation and predictive modelling, announced today that it has signed a contract with Michell Pty Ltd for the extension of its Currency Hedging System to foreign–dollar contracts denominated in Euro and Yen.

“Using the SolveIT Software system to manage our currency exposures has improved our results despite the rapid rise in the Australian currency,” said Mr. David Michell, Chairman of Michell Pty Ltd. “This expansion to cover other currency exposures reflects our confidence in the system.” (More)

Release: ETSA Utilities Awards Predictive Modelling Contract to SolveIT Software

ADELAIDE, SOUTH AUSTRALIA, 4 February, 2008 — 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 ETSA Utilities for the delivery of a predictive software system for network reliability.

Serving 782,000 customers, ETSA Utilities supports a network comprising 377 zone substations and about 85,000 kilometres of powerlines valued at approximately $2.5 billion. Employing more than 1600 people, ETSA Utilities is the fifth largest distributor in the Australian National Electricity Market. (More)

Article: Taking the Lead in Artificial Intelligence

ADELAIDE, SOUTH AUSTRALIA, 2 February 2008 (Advertiser) — Summary — When Matthew Michalewicz started SolveIT Software in 2005, his father Dr Zbigniew Michalewicz, the author of 15 books on applied Artificial Intelligence, became its chairman. SolveIT Software’s work involves helping clients such as the Defence Science and Technology Organisation, Orlando Wines, ETSA Utilities, and Michell, to optimise marketing and logistics decisions.

“The company has large growth ahead in the next decade because a whole new market for artificial intelligence will be developed,” Mr Michalewicz said. He believes artificial intelligence will become a mainstream industry within a decade. (More)