Princeton Consultants

CEO Steve Sashihara recently gave a guest lecture at the NYU Tandon School of Engineering for graduate students in advanced analytics. Steve discussed scalability, optimization as a subset of AI, and the importance of recognizing rules vs. decisions:
https://www.princetonoptimization.com/blog/blog/practitioner%E2%80%99s-thoughts-advanced-analytics-students

At our Q4 firm meeting, Octavian Teodorescu discussed the advances and benefits of RailPulse, the transformative industry joint venture.

At our Q4 firm meeting, Christopher Morris discussed front-end development tools for a transportation warning/notification system.

At our Q4 firm meeting, Michael Foster discussed web app building using Taipy. "Pure Python."

At our Q4 firm meeting, Michele Belfort-Mihalyi discussed the latest advances with battery electric locomotives.

At our Q4 firm meeting, Moin Mir discussed and demonstrated "Drawing the Future: AI-Powered Prototyping in Action."

At our Q4 firm meeting, Bob Steen discussed his recent visit to the Federal Railroad Administration's Transportation Technology Center supported by ENSCO Rail.

At our Q4 firm meeting Octavian Teodorescu and Brian Yu discussed and demonstrated building intelligent conversational agents - training and deployment with LLMs.

Views this morning from our Manhattan office at 590 Fifth Avenue.

On Friday Steve Sashihara gave a guest lecture on applied optimization to NYU Tandon students of Prof. Shruti Sharma. INFORMS connections!

What optimization solvers, programming and modeling languages do professors, students and industry practitioners use? Do they align? We conducted a snapshot survey at the INFORMS Annual Meeting in Phoenix to see what has changed since 2017, the last time we conducted the survey.

Survey Results Summary: Solvers, Programming and Modeling Languages and More | Princeton Consultants Optimization Tuesday, November 14, 2023 Posted by:  Irv Lustig, PhD and Patricia Randall, PhD What optimization solvers, programming and modeling languages do professors, students and industry practitioners use? Do they align? At the INFORMS Annual Meeting in October in Phoenix, Princeton Consultants asked atte...

Securing buy-in from the C-Suite for projects can be challenging. Steve Sashihara presents five steps to build an effective business case, based on principles of strategic winning. Tips and techniques include: analyzing decision flow; identifying machine learning and optimization opportunities; and quantifying economic impacts: https://www.princetonoptimization.com/blog/blog/building-business-case-and-securing-buy-optimization

We're proud to achieve certification for training with our partner Gurobi.

Princeton Consultants Achieves Gurobi Training Certification | Princeton Consultants Inc. September 29, 2023Princeton Consultants has become a certified trainer for Gurobi’s Compass program, https://www.gurobi.com/solutions/gurobi-compass/, through which organizations will improve teams’ skills such as optimization integration and deployment, modeling techniques, and performance tuni...

Webinar: Building the Business Case and Securing Buy-In for Optimization Projects

Building a business case for mathematical optimization can be a daunting task, especially if you are asking for buy-in from various decision makers. Although optimization is a powerful and ubiquitous force in our modern world, some executives lack an awareness of what it is and the value it can provide. Princeton Consultants Founder and CEO Steve Sashihara and Gurobi Data Science Strategist Jerry Yurchisin will share techniques and resources to communicate the unique value of optimization in a way that decision makers will understand; build a business case for the use of optimization and overcoming organizational resistance, and answer frequently asked questions from decision makers and c-suite executives. Register:

Ready, Set, Optimize: Building the Business Case and Securing Buy-In for Optimization Projects - Gurobi Optimization Don’t Go It Alone. Gurobi and Its Partners Provide the Continuum of Support You Need. While the mathematical optimization field is more than 70 years old, many customers are still learning how to make the most of its capabilities. That’s why, at Gurobi, we have established the Gurobi Alliance pa...

How can your tech team include optimization in its toolkit, and how can you test and validate AI solutions? Irv explains in a new blog post.

Optimization “Unplugged” for Businesspeople | Princeton Consultants Optimization Friday, September 1, 2023 Posted by:  Irv Lustig, PhD I was recently interviewed on “Tech Leaders Unplugged,” a podcast for businesspeople that covers “the latest technology trends and innovations from AI to the blockchain, fintech to health tech.” Watch or listen to the 30-minute interview...

Optimization and machine learning are powerful tools to fuel profitable growth, and they can feed each other within a solution, as Irv Lustig and Lityx CEO Paul Maiste recently discussed. Read more for their examples and insights about trade-offs, limited resources, KPIs, and data-driven decisions.

Integrating Optimization and Machine Learning: A Conversation with Irv Lustig and Paul Maiste | Princeton Consultants Optimization Thursday, July 13, 2023 Posted by:  Irv Lustig, PhD Irv was interviewed by Lityx CEO Paul Maiste for the Data Stories podcast. Following are lightly edited excerpts. Listen to the full conversation here. Paul Maiste: We talk a lot in this podcast about data, analytics, and machine learning, and how...

At our Q2 firm meeting Keith Dierkx discussed marketing, business development and sales, and account relationships and strategy.

At our Q2 firm meeting, Felicia Rosario discussed stress mitigation and mindfulness strategies to sustain top performance.

At our Q2 firm meeting, Kieran LaMee discussed the parallel messaging strategy for an IT system modernization project in which the team is tasked with taking over the business logic of a core legacy mainframe system and replacing it with a downstream system-by-system messaging rollout.

At our Q2 firm meeting, Lang Faith and Sean Harris discussed an IT platform modernization project for a leading building products trading and distribution company.

We proudly welcome Keith W. Dierkx as a Principal. Keith will expand our rail, transportation, and logistics practices, helping executives improve and refine strategy, process, organization, and technology.

“Over a thirty-year career focused on the intersection of business and technology, I have learned that creating value and improving business performance for a client is achieved through deep industry knowledge, leveraging established and emerging technologies, applying world-class methodologies and consistently delivering successful outcomes,” Keith said, “I chose to come to Princeton Consultants because they tick all the boxes.”

For the Data Stories podcast, Irv Lustig was interviewed about his career in Optimization, the types of problems we are working on, challenges and techniques to overcome them, and recognizing opportunities for new solutions.

Data Stories: Episode 4, Dr. Irv Lustig, Ph.D., Optimization Principal, Princeton Consultants A recipient of the Beale-Orchard-Hays prize for excellence in computational mathematical programming, Irv shares insightful and practical stories from his extensive professional and academic career in the fields of operations research and advance analytics.  

Manufacturing innovators achieve low unit cost and scalability from mass production and the high necessary fit for each consumer from custom artisanship. How? Mass customization, using optimizing simulation, Steve Sashihara explains.

Disruptive Innovation in Manufacturing: Optimizing Simulation and the Revolution of Mass Customization | Princeton Consultants Optimization Friday, June 9, 2023 Posted by:  Steve Sashihara In manufacturing, there is often a competition between mass production and custom artisanship: produce vast quantities of product at low cost or produce it in tiny amounts at high fit. Can you achieve low unit cost and scalability from mass productio...

The disruption-minded leaders of the joint venture RailPulse, by accelerating the adoption of telematics, are creating a significant expansion opportunity for Rail, Steve Sashihara writes.

At Rail’s Exciting Inflection Point with RailPulse and IoT | Princeton Consultants Optimization Thursday, May 4, 2023 Posted by:  Steve Sashihara Following is an excerpt from Steve’s 3/31 presentation to transportation and logistics executives, hosted by Stifel’s equity research group. There are rail executives who talk about disruption because, starting around 2011, the railroads started...

At our Q1 meeting, Ethan Liaw discussed using machine vision to obtain configuration data for railroad signal systems test sheets.

At our Q1 meeting, Ulises Torelli discussed automated API testing with Postman:

Automated API Testing | Postman Automated API testing with Postman. Create test suites, integrate with your CI/CD pipeline, scale faster and streamline development and QA.

At our Q1 Meeting Friday, Steve Sashihara and Sean Harris demonstrated a research project for an AI-powered chatbot powered by ChatGPT.

The end user of a browser-based optimization solution often wants a quick response to their business challenge, such as creating a production schedule or assigning workers. In a tutorial today at the INFORMS Business Analytics Conference, Irv Lustig discussed a lightweight Python framework that simplifies the delivery of the back-end server for such applications.

Irv Lustig and Michael Menche at the booth in Denver at the INFORMS Business Analytics Conference. Great conversations about best practices and state-of-the-art tools.