Mathematica 10 is Released

It adds 700+ new functions and introduces a host of new areas, like machine learning (an area uni software plus is working in for more than 20 years), computational geometry and device connectivity, but most important -Mathematica 10 is the first version based on the complete.

It connects Mathematica  to the new Wolfram Cloud and has access to the full, newly expanded Wolfram Knowledge Base via the Wolfram Language, the language to program everything.

Think it. Build it.

Uni software plus is a Wolfram partner now for nearly 25 years.

Its business portfolio embraces the right packaging of Wolfram technologies, advanced training, as well as co-creating and co-building industry scale solutions and know how packages - always exploiting the latest Wolfram technologies. In areas like risk management, business intelligence, process and manufacturing automation, energy supply optimization, … applying  an intelligent mix of computational maths, machine learning, fuzzy logic, .. and advanced software engineering techniques.

The proven way to add value

is to do the difficult work. And this is the most exciting thing about Mathematica 10. It is the core of a portfolio of products based on a unified technology stack. This empowers developments in a bottom-up fashion - the only reasonable way to solve complex problems.

This enables comparatively small outfits, like uni software plus, to add value by systems that are fit for different purposes swiftly - by building cascades of symbolic, domain specific languages atop Wolfram Language, extending the Wolfram Engine into domain universes, exploit the deployment system …

UnRisk is built that way as well as other uni software plus partner solutions.

But there will be much more and I am proud to be an accepted partner.

No, Mathematica 10 is not yet another version …. it will change business principles.

Real Options Enable Antifragility

A Real Option is the right - but not the obligation - to perform certain business initiatives in a capital investment project.  While a fragile system breaks under stress, the antifragile becomes stronger with added stress. The antifragile is immune to prediction errors.

"Antifragile" was introduces by NN Taleb in his book Antifragile: Things That Gain from Disorder. The anti fragile is beyond the "resilient" or "robust". Antifragility gains from volatilities and uncertainty by learning from turbulences. Ways to the antifragile include stressors, optionality, redundancy, less-is-more, tinkering, …

Optionality

You can buy antifragility. Options have value.

In finance, antifragility needs fragility, because hedgers need speculators as counter party, who accept the fragile side of a contract.  The difficult thing about this web on a global level is transparency: who has what fragile/antifragile position and how do those positions cross-connect to fragility concentration or fragility diffusion and buffering.

Real options are different. They usually pertain to tangible assets such as capital equipment, rather than financial instruments. There are real options relating to project size, life and timing and operation. They are not a derivative instrument, but an actual option.

Maximize the value of a project

Whilst financial options can help to optimize the risk of a portfolio, real options can help to maximize the value of a project by managing uncertainty and create value through flexibility.

Real options is the underlying principle of agile practices. Consequently they should be used in innovation.

Real Options - the underlying principle of Open Innovation

Open Innovation, in short, names the paradigm of in-licensing and out-licensing to accelerate internal  innovation, and expand the market for external use, respectively - UnRisk has applied this paradigm with amazing success.

With this experience and partnering with real options experts we help innovators maximize the values of their investment projects utilizing the latest real options valuation technology.

You want to get a proof? Contact me.