Big Data Analytics Takes Center Stage at FICO World 2013 More than 650 leaders from banking, retail, marketing and other industries explore role of Big Data analytics in understanding today's connected consumer
MIAMI, April 30, 2013 /PRNewswire/-- FICO™ World -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today kicked off FICO™ World 2013 in Miami, where more than 650 banking, retail and business leaders have gathered to explore the conference's theme, Power Shift: Big Data Analytics and the Customer Revolution. Keynote presenters include FICO CEO Will Lansing, FICO CTO Stuart Wells, and Kenneth Cukier, data editor for The Economist and co-author of Big Data: A Revolution That Will Transform How We Live, Work, and Think.
At FICO's 35th corporate conference, attendees are exploring how Big Data analytics is being used to better understand customer needs, pinpoint risk, improve marketing, enhance the customer experience, combat fraud, and drive profitability. The conference features more than 80 presentations from FICO Labs data scientists and 60 organizations from around the world, including Barclays, Canadian Tire, Citi, EnterCard, HSBC, Iberia Bank, LexisNexis, Lloyds Banking Group, Nationstar Mortgage, PNC Bank, Santander, Toyota Financial Services, the US Small Business Administration and Westpac.
"FICO World brings together some of the world's most successful banking and retail businesses," said Mike Gordon, executive vice president, sales, services and marketing at FICO. "As companies seek ways to rebuild customer relationships amid extremely high customer expectations, we're here to examine how industry leaders are using Big Data analytics, cloud computing, social technology and mobile communications to move from data to customer insight to action."
Sponsors for the four-day conference include Equifax, TSYS, Corelogic, Fiserv, BankersLab, The Five Star Institute, Mendix, FIS and First Data. FICO™ World runs April 30 through May 3 at the Hilton Miami Downtown. The latest news from FICO World is available at http://www.fico.com/en/Company/News and on Twitter at @ficoworld and @ficonews.
FICO (NYSE: FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company's groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO's innovative solutions include the FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world's top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com.
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Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company's Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2012 and its last quarterly report on Form 10-Q for the period ended March 31, 2013. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.
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