Like many start ups, Dayton's Applied Optimization Inc. was a case of smart folks deciding to work for themselves.
"I always worked very, very long hours, and was never home. So my wife said If you're going to work this much, you should start your own business," says company founder and Principal Scientist Anil Chaudhary, an MIT grad.
Chaudhary left a job in Air Force-related research to launch Applied Optimization in 1995. The specialized company uses computational mathematics to develop new generation manufacturing processes for the aerospace and manufacturing industries, eliminating trial and error. These new processes can reduce manufacturing costs while increasing efficiency. Clients include the Air Force Research Laboratory, Boeing and Edison Welding Institute.
A more off-the-beaten-path application for the company's mathematical wizardry is in space sciences. Tamara Payne, the company's principal scientist, noted in December that the company has catalogued 36,000 pieces of space junk that can now be tracked in a less expensive and more timely manner.
The company has 11 full- and part-time employees, including three who were hired last year. Chaudhary says the company's move into the Dayton Entrepreneur Center in 2002 has helped it grow.
"The ability to speak with people in the corridor who have similar problems is very helpful. Also there are support services that are provided; if I have a question they will point me to right person," Chaudhary says.
"The federal customers and Air Force base are here in Dayton, and those were important factors. But the support that is here in the city for this kind of work is very encouraging and positive," he says.
Source: Anil Chaudhary and Tamara Payne, Applied OptimizationWriter: Feoshia Henderson and Gene Monteith