Stochastic Research Technologies LLC is a software company which provides solutions to chemical, pharmaceutical, and biomedical problems with modeling, optimization, and control of the process. Stochastic Research also manages Vishwamitra Research Institute, a non-profit organization that engages in fundamental and applied research in algorithms, methods, and tools, energy and environment, sustainability, molecular modeling, process management, supply chain management, and biomedical engineering.
Robust decision making under uncertainty is of fundamental importance to numerous disciplines and application areas. For many practical issues, decision making often involves multiple, often conflicting, goals and poses challenging optimization problems. Recent innovations underlying multiple objective optimization, in the characterization, quantification, and subsequently reduction of uncertainties, and in the ability to develop and apply these methods outside the traditional application domains greatly enhances their utility and promise. The main focus of our comapny is to develop systematic methods, algorithms, and approaches for rapid, reliable, and robust multiple objective optimal decision making under uncertainty and to successfully apply these methods to diverse application areas. The company harnesses multidisciplinary expertise in the areas of modeling, optimization, uncertainty analysis, manufacturing, process design and control, environmental and ecosystem management, security systems analysis, and operation research.