Monday, December 19th, 2011 - SolveIT Software
ADELAIDE, SOUTH AUSTRALIA, 19 December 2011, SolveIT Software Pty Ltd, a leading provider of enterprise software for supply & demand optimisation and predictive modelling, announced in October an international competition in the area of the optimisation science. The challenge was to solve the Magic Square Problem (constrained and un-constrained versions) using modern heuristic methods.

The purpose of this competition was to identify world-class talent in the areas of optimisation science, as SolveIT Software applies modern heuristic methods to solve complex supply chain problems. Further, SolveIT Software was keen on promoting the benefits and capabilities of these methods, and rouse interest amongst individuals of the academic and scholastic communities on the real-world application of these methods.

SolveIT Software would like to recognize three individuals who submitted very good optimisation solvers based on modern heuristic methods:
• The 2nd runner-up was Xiaofeng Xie from Carnegie Mellon University; his program solves the constrained version of a 400 × 400 magic square within a minute.
• The 1st runner-up was Geoffrey Chu from the University of Melbourne; his program solves the constrained version of a 1,000 × 1,000 magic square within a minute.
• The winner of the competition was Yuri Bykov from the University of Nottingham; his program solves the constrained version of a 2,600 × 2,600 magic square within a minute.
All participants experimented with interesting and innovative modern heuristic methods; the winner applied the Late Acceptance Hill-Climbing algorithm (LAHC) that was recently proposed as a general-purpose meta-heuristic (it was presented at the PATAT 2008 conference).

The competition was open to all individuals and it closed on November 22nd, 2011. The prize of the competition was $5,000.00 (AUD), which goes to the winner of the competition. Congratulations to the winner, runner-ups, and all participants!

Contact Profile

SolveIT Software

SolveIT Software Pty Ltd is an Australian company specialising in supply & demand optimisation and predictive modelling. With more than 150 employees across 5 offices, SolveIT offers enterprise advanced planning software for supply chain network optimisation and demand planning & forecasting. SolveIT’s mining software applications cover exploration management, mine planning and scheduling, and pit-to-port logistics optimisation. Customers of SolveIT Software include Rio Tinto Iron Ore, BHP Iron Ore, Viterra, Pacific National Coal, Incitec Pivot, Foster's Group, Nufarm, Liquor Marketing Group, PFD Food Services, Pernod Ricard, Fortescue Metals Group, Xstrata Copper/Zinc/Coal, BMA Coal, Hancock Prospecting, ElectraNet, Crossland Resources, and CBH Group.

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

SolveIT Software Pty Ltd
Level 1, 99 Frome Street, Adelaide, SA 5000
P.O. Box 3161, Adelaide, SA 5000
Phone: +61 8 8221-5533
Fax: +61 8 8221-5677
[email protected]
Jody Chiem
P: 0882215533
M: 0413296808


provider of enterprise software, supply and demand optimisation, predictive modelling, optimisation science



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