Gurobi Announces Gurobi Optimizer 3.0 Software

HOUSTON, May 7 /PRNewswire/ -- Gurobi Optimization today announced the release of Gurobi Optimizer 3.0, cutting the time to solve the toughest scheduling and resource allocation problems. Focused on problems that were previously slow or impossible to solve, Gurobi Optimizer 3.0 includes new, innovative math programming techniques.

Top companies rely on optimization software to schedule and allocate valuable resources, enabling them to increase sales, cut costs, and reduce production/transit times. With the performance of Gurobi Optimizer 3.0, companies can expand their business planning models to include longer planning horizons, a finer level of detail, and an integrated view across more elements of their business. When companies can rapidly calculate the optimal plan for more of their business activities, they can achieve even greater profits.

"We're quite pleased with the results we're seeing with Version 3.0. The new parallel barrier algorithm and enhancements in our mixed-integer solver are proving to be powerful tools in solving some very difficult problems that were previously unsolvable," said Dr. Robert Bixby, co-founder and president of Gurobi Optimization.

The new parallel barrier algorithm can cut solve times for many difficult optimization problems. Using today's multi-core processors, the Gurobi Optimizer 3.0 can run in parallel to solve problems faster than ever before. Version 3.0 also improves the mixed-integer solver via innovative techniques for handling symmetry and advanced new cutting planes. This version also includes a new .NET interface to complement the existing C, C++, Java and Python interfaces.

These latest enhancements to the robust, high-performance linear and mixed-integer programming solvers in the Gurobi Optimizer suite, combined with our innovative licensing and delivery models, give customers more options for employing optimization in their businesses.

About Gurobi Optimization

Gurobi Optimization provides high-performance optimization software based upon the latest linear and mixed-integer programming technologies. The Gurobi Optimizer solves today's toughest business problems in all industries where scheduling and resource allocation makes a major financial impact. Gurobi Optimization was founded in 2008 by three world-leading experts in computational optimization. Within the first year of business, independent benchmarks found Gurobi Optimizer to be the fastest and most robust optimization system available. Gurobi Optimization is headquartered in Houston, Texas and has a growing list of customers around the world. For more information, please visit our website at www.gurobi.com.

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Robert Bixby

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SOURCE Gurobi Optimization