
Mathematical Optimization Consultancy
Mathematical Optimization, also known as Mathematical Programming, is an aid for decision making utilized on a grand scale across all industries. Advanced analytical techniques are used to find the best value of the inputs from a given set which is specified by physical limits of the problem and user's restrictions. The quality of the result is measured by a user metric provided as a scalar function of the inputs. Optimization problems come from a massively diverse range of fields and industries, such as portfolio optimization or calibration in finance, structural optimization in engineering, data fitting in weather forecasting, parameter estimation in chemistry and many more.
Consult, assess, guide, advise, improve, measure = results!
NAG’s optimization experts provide you with all the information needed to solve an optimization problem. They will discuss your current approach and help guide you to use the right solver for the particular problem. If you need to improve the performance, we can assess how your current model fits the particular solver and advise on a possible reformulation or tune the solver for you. If the problem requires it, NAG’s software experts can adapt an existing solver or develop an entirely new one.
NAG has been developing numerical software for nearly 50 years. Our optimization experts develop and maintain the extensive collection of optimization solvers in the NAG Library. The experience gained from developing, supporting, documenting and maintaining the algorithms plus helping to solve real-life optimization problems means the team is well equipped to tackle projects across industry and discipline. If you have a problem that could benefit from expert analysis and advice, contact us.
“The help that NAG provided was invaluable for us. The increase in speed that we are now able to achieve, when solving our specific pipeline problem, was amazing and the knowledge we were given about optimization solvers, problem formulation and modelling techniques was more than we hoped for. The NAG people are a pleasure to work with and I couldn’t have wished for more from any consultancy engagement.” Michael Krätsch, PSI