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CombineNet Founder Dr. Tuomas Sandholm to Receive IAAI Award for Application of Artificial Intelligence in Strategic Sourcing.


PITTSBURGH -- Dr. Tuomas Sandholm, Founder, Chairman and Chief Scientist of CombineNet, will present his paper "Expressive Commerce and Its Application to Sourcing" at the Eighteenth Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-06). He will be honored with the American Association of Artificial Intelligence (AAAI) Deployed Application Award for insight and achievement in applying artificial intelligence to strategic sourcing activities at the IAAI conference on July 18-20, 2006 in Boston, MA.

Dr. Sandholm's paper discusses the application and impact of artificial intelligence in CombineNet's proprietary optimization technology, used for advanced decision guidance primarily in the field of strategic sourcing. CombineNet's technology analyzes problems with massive amounts of disparate data to guide users to the optimal solution. In advanced sourcing applications, this technology enables sourcing and logistics teams to quickly evaluate hundreds of thousands of supplier proposals alongside business rules and preferences, to find the best award allocations. Across more than 250 sourcing events, CombineNet has saved more than $2.5B on an aggregate spend of more than $19B.

"We have not yet begun to grasp the application of computer science to the world's most pressing issues, inside and outside of industry," said Sandholm. "I'm honored to be recognized by this award, and I look forward to presenting my paper at the conference in July."

Dr. Sandholm's award-winning paper "Expressive Commerce and Its Application to Sourcing" is available for download at http://www.combinenet.com/technology/learning_center/.

In addition to his role at CombineNet, Dr. Sandholm is a professor in the Computer Science Department at Carnegie Mellon University Carnegie Mellon University, at Pittsburgh, Pa.; est. 1967 through the merger of the Carnegie Institute of Technology (founded 1900, opened 1905) and the Mellon Institute of Industrial Research (founded 1913). . He has been internationally recognized for his efforts as the recipient of several of the most selective academic awards in the field, including the prestigious Computers and Thought Award, presented by the International Joint Conference on Artificial Intelligence The International Joint Conference on Artificial Intelligence (or IJCAI) a meeting of researchers from the different areas of artificial intelligence (AI). It is organized by the IJCAI, Inc.  (IJCAI IJCAI International Joint Conference on Artificial Intelligence
IJCAI International Joint Committee on Artificial Intelligence
), and the Sloan Research Fellowship, presented by the Alfred P. Sloan Foundation The Alfred P. Sloan Foundation is a philanthropic non-profit organization in the United States. It was established in 1934 by Alfred P. Sloan, Jr., then-President and Chief Executive Officer of General Motors. . He has also received the National Science Foundation Career Award and the Association for Computing Machinery See ACM.

Association for Computing Machinery - Association for Computing
 Autonomous Agents Research Award.

Dr. Sandholm received his Ph.D. and M.S. in computer science from the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline.  at Amherst and an M.S. with distinction in Industrial Engineering and Management Science from the Helsinki University of Technology TKK redirects here. For other uses, see TKK (disambiguation).
Helsinki University of Technology is not to be confused with University of Helsinki.
Helsinki University of Technology (TKK) (Finnish: Teknillinen korkeakoulu; Swedish: Tekniska högskolan
 in Finland.

About CombineNet

CombineNet is the advanced sourcing technology company. CombineNet's Advanced Sourcing Application Platform enables companies to engage in Expressive Commerce, the strategic sourcing initiative that allows buyers and sellers to communicate supply and demand more expressively, collaboratively and strategically. The result is a win-win for both buyer and supplier, where greater innovation and supply chain efficiency drive the absolute best value and lowest total cost of ownership for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . CombineNet's ASAP (chat) asap - As soon as possible.  delivers 5, 10, even 20 percent greater realized cost savings than other e-sourcing solutions for the largest businesses in the world including General Mills, PepsiCo, Procter & Gamble, Siemens and others. For more information, visit www.combinenet.com.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 2006
Words:480
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