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With CPLEX, Dr. Bixby and Mrs. Lowe introduced companies throughout the world to advanced optimization for resource management. Today, it is used in a wide range of applications in almost every industry, including finance, manufacturing and transportation.
"Since this is the first year for the prize," says Warren Powell, chairman of the Impact Prize committee, "we had no shortage of strong nominations. But the five-member prize committee unanimously approved the decision to recognize Bob and Janet’s contribution of making advanced optimization algorithms broadly accessible through CPLEX."
Currently ILOG’s chief science officer and vice president of strategic projects, respectively, Dr. Bixby and Mrs. Lowe co-founded CPLEX Inc. in 1987. Through direct telesales and partnering with independent software vendors, their company quickly became the leading supplier of mathematical programming optimization engines.
ILOG acquired CPLEX Inc. in 1997, adopting its flagship product as ILOG CPLEX. ILOG also adopted CPLEX’s sales operations, which are now among ILOG’s most profitable.
For more information on ILOG CPLEX and the winners of the Impact Prize, please visit www.ilog.com.
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