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FICO

@fico.com

FICO is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction.

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About

Description

FICO, also known as Fair Isaac Corporation, is a leading analytics software company based in the United States. The company was founded in 1956 by engineer Bill Fair and mathematician Earl Isaac with the goal of using data analytics and mathematical algorithms to help businesses make informed decisions. FICO has its headquarters in San Jose, California.


FICO offers a wide range of products and services that help businesses in various industries, including banking, insurance, retail, healthcare, and more. Their flagship product is the FICO Score, a credit scoring system used by lenders to assess the creditworthiness of individuals. This tool has become a global standard for credit risk assessment, with over 100 billion FICO Scores calculated to date.


On a global scale, FICO operates in more than 100 countries and has offices in major cities around the world. The company has established partnerships with various organizations and institutions to enhance its global presence. Notable subsidiaries and joint ventures include FICO Brasil, FICO China, and FICO UK.


In terms of market position, FICO is considered a leader in the analytics software industry. With its extensive portfolio of products and services, the company has a strong competitive advantage. FICO's global sales and revenue have consistently grown over the years, solidifying its position as a trusted provider of analytics solutions.


Throughout its history, FICO has achieved several significant milestones. In 1989, the company introduced the first credit scoring system for credit cards, revolutionizing the industry. In recent years, FICO has expanded into new areas such as fraud detection, regulatory compliance, and cybersecurity, further broadening its offerings and maintaining its growth trajectory.


As of the latest updates, FICO continues to innovate and enhance its products to meet the evolving needs of its clients. The company has embraced machine learning and artificial intelligence to improve the accuracy and efficiency of its analytics solutions. With a strong global presence and a track record of success, FICO remains a leader in the analytics software industry

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Company Type

Public Company

Company Size

1001-5000

Year Founded

1956

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