integrated decision support and optimization ict roadmap for minerals & energy resources:...
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Integrated Decision Support and Optimization
ICT Roadmap For Minerals & Energy Resources: Industry Roundtable - 16 Oct 2013 James Balzary
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Decision Support
Businesses are most interested in two fundamental things:• Knowing what is likely to happen in the future (prediction); and• Making the best decision right now (optimization).
SolveIT Software specialises in innovative software addressing these fundamental needs for enterprise supply chains:• Planning & Scheduling• Simulation• Optimisation Science• Predictive modelling; and• Execution
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Schneider Electric innovates through its
11 000 technical and R&D engineers
located across the world.
3800 Software and Solutions Development Engineers
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Close to customers, R&D teams take into account local specification & preferences.
6 R&D hubs
Monterrey
Boston
Bangalore
Shanghai
Grenoble
Adelaide
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Integrated Supply Chain and Decision Support Platform
Material Logistics Processing Plants
Finished Product
Inventory Warehouse
Demand Planning
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The Challenges?
•Non-standardized processes
•Lack of visibility/understanding of knock on effect for upstream/downstream activities
• “Silo” rather than “whole of business” thinking
•Significant constraints and business rules
•Dynamic environment with push/pull factors
•Process and event variability
•COMPLEXITY
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SolveIT – Optimisation Techniques
Nano Quadrotors Swarm – University of Pennsylvania
Evolved Virtual Creatures – Karl Sims
●Genetic Algorithms
●Simulated Annealing
●Hybrid Neural Networks
●Evolutionary Strategies
●Hill-Climbers●Ant Systems●Tabu Search●Evolutionary
Programming
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Optimisation Runs The World
●“You might not have heard of the algorithm that runs the world. Few people have, though it can determine much that goes on in our day-to-day-lives … Somewhere, in some server basement right now, it is probably working on some aspect of your life tomorrow, next week, in a year’s time”.
●“Probably tens or hundreds of thousands of calls are made … every minute”
New Scientist magazine, 11 August 2012
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