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FriarTuck establishes strategic relationship with NBS
(Singapore) August 31, 2002- FriarTuck, the market leader in
developing constraint-based event scheduling software, takes a big leap into the education market with the
establishment of strategic relationship with Nanyang Business School at the
Nanyang Technological University in
Singapore.
Prof. Martin Henz, the Managing Director of FriarTuck, is
confident that the relationship with NBS will be a key to penetrating into other education institutions.
"We have adequately met the needs of Nanyang Business School with our unique technology and we are eager to help
other educational institutions throughout the world in optimization their timetabling systems and examination
schedules," he said.
FriarTuck has come a long way since its incorporation in August
2001. The Company boasts of unique solutions that deploy advanced optimization technologies. FriarTuck's solutions
have been used to optimize sports schedules and nurse rosters, besides the university timetables and examination
schedules. The team of FriarTuck has several years of research experience in advanced optimization technology and
complex-event scheduling.
FriarTuck's solutions in the education market have addressed a
growing need of Universities and Schools to come up with efficient and optimized timetables and examination
schedules that take into account the demands and preferences of professors/teachers and students. With
increasingly complex elective and modular systems, core-curricular and extra-curricular activities, the process
of developing timetables and schedules becomes more complex every year.
On the other hand, tight budgets impose restrictions on the
deployment of staff, the use of facilities and other resources. This situation results in complex timetabling
problems, whose optimized solution lies at the heart of every educational institution.
FriarTuck deploys state-of-the-art
optimization technologies such as constraint programming, mathematical
programming and heuristic search to develop its solutions. These technologies
offer powerful tools for solving optimization problems, leading to substantial
savings and improved quality of service. Educational institutions can
greatly benefit from optimized timetabling by:
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