Updated: Tuesday 16 December 2014, 21:07

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Business Analytics and O.R. Conference

Business Analytics and O.R. Conference

The Institute for Operations Research and the Management Sciences (INFORMS) will return to Huntington Beach, Calif., for the 2015 INFORMS Conference on Business Analytics and Operations Research, which will be held April 12-14, 2015, at the Hyatt Regency Resort & Spa. The conference, with the breadth of its coverage and the depth and quality of its presentations, should be of great interest to practitioners of analytics and operations research, whether they work in the public sector or private industry. It will also appeal to academics who are training future analytics practitioners or have research interests that would benefit from exposure... Read more

INFORMS announces six finalists for 2015 Edelman Award

INFORMS recently announced six finalists representing a diverse collection of applied analytics and advanced operations research work who will compete for the 2015 Franz Edelman Award in a series of judged presentations at the INFORMS Conference on Business Analytics & Operations Research in Huntington Beach, Calif., in April. Read more

‘Rigs to reefs’ solution named best decision analysis application

‘Rigs to reefs’ solution named best decision analysis application

Lumina Decision Systems, led by CEO Max Henrion, won the 2014 Decision Analysis Practice Award co-sponsored by the Decision Analysis Society of INFORMS and the Society of Decision Professionals for the project titled “A Multi-attribute Decision Analysis for Decommissioning California’s Offshore Oil Platforms.” Co-authored by Brock Bernstein and Syya Swamy, Henrion delivered the award-winning presentation at the 2014 INFORMS Annual Meeting in San Francisco in November. Read more

Incoming INFORMS president addresses shortage of analytics professionals

Incoming INFORMS president addresses shortage of analytics professionals

Robin Keller, incoming president of INFORMS (Institute for Operations Research and the Management Sciences, publishers of Analytics magazine) authored an interesting article titled, “How we can grow analytics intelligently in the year ahead.” Published Nov. 11 in DataInformed to coincide with the INFORMS Annual Meeting in San Francisco, the article examines the expected shortage of analytics professionals from the supply side perspective (academics and business leaders). Read more

Survey: Organizations lack plan to assess ‘analytics maturity’ level

According to a new INFORMS survey of 230 business, government and academic representatives, the concept of “analytics maturity” is important or very important to their businesses (65 percent). Yet, 82 percent of those same respondents admitted they do not have a plan, model or any other mechanism in place for measuring the efficacy or maturity of their analytics best practices over time. Read more

IBM report: Most companies lack IT infrastructure strategy

More than 70 percent of companies recognize that IT infrastructure plays an important role in enabling competitive advantage or optimizing revenue and profit. However, despite this recognition, only 22 percent have a well-defined enterprise IT infrastructure strategy, according to findings released by IBM. Read more

Analytics Section of INFORMS News

INFORMS Healthcare Conference seeks session, abstract ideas

The Analytics Section will sponsor an invited session cluster at the INFORMS Healthcare Conference in Nashville, Tenn., July 29-31, 2015. The Section welcomes submissions regarding ideas for sessions. As a session chair you will be responsible for inviting/soliciting other speakers and selecting topics/themes for your sessions. Each session is 90 minutes long and usually consists of three to five presentations. Read more

Innovative Applications in Analytics Award finalists announced

The Analytics Section’s flagship prize is the Innovative Applications in Analytics (IAA) Award, which recognizes creative and unique developments, applications or combinations of analytical techniques used in practice. This prize has garnered significant interest in its brief life. For the 2015 IAA Award, 24 applicants submitted their work, from which six semi-finalists were chosen at the end of September. After a two-month verification process, the judging committee identified three finalists that will be presenting their work at the INFORMS Conference on Business Analytics and Operations Research in Huntington Beach, Calif., in April 2015. Read more

Call for analytics volunteers!

As 2014 is winding down and the Analytics Section looks forward to building on 2014’s successes next year, there are opportunities in a number of areas to provide even greater service to the Analytics Section’s membership. Based on the member survey taken in September, a significant number of respondents offered to volunteer some of their time to help move the agenda forward. Read more

Communicate with analytics peers through INFORMS Connect

The Analytics Section listserv is transitioning from its existing software platform to the new and improved community platform: INFORMS Connect (http://connect.informs.org). Existing members of the Analytics Section have been automatically migrated to the Analytics Section Community page within INFORMS Connect and will receive daily digest emails when messages are posted in the community. If you are not currently a paid member of the Analytics Section, you’re missing out! Don’t get left behind – join now! Read more

INFORMS Initiatives

2015 schedule of continuing ed analytics courses

INFORMS’ continuing education program is designed specifically for those in the field of analytics and operations research. INFORMS, the world’s largest organization for advanced analytics professionals, produces and disseminates data analytics and operations research information, training courses, certification, and best-in-class resources for our members and the industry at large. Read more

Webinar series helps candidates prep for CAP exam

The question asked most often about the Certified Analytics Professional (CAP®) program is “how do I prepare?” INFORMS has responded with a series of five webinars that will explain why you should become certified, help candidates with preparation, and provide general information about the analytics process to all those interested in analytics. Read more

INFORMS supports National Data Science Bowl

INFORMS supports National Data Science Bowl

In partnership with Booz Allen Hamilton and Kaggle, INFORMS is helping to launch the first-ever National Data Science Bowl competition. The National Data Science Bowl is a platform through which data scientists can harness their passion, unleash their curiosity and amplify their impact to affect change on a global scale. Read more

Wagner Prize presentations available online

Video presentations of the six finalists of the 2014 Daniel H. Wagner Prize for Excellence in Operations Research Practice, won by Ford Motor Company, are now available for viewing. Read more

Present a talk or poster at premier analytics conference

The 2015 INFORMS Conference on Business Analytics and O.R. seeks proposals for talks and posters. Selected presenters may register for the meeting at a discounted fee of up to 35 percent off regular rates. The prestigious conference will be held April 12-14, 2015, in Huntington Beach, Calif. Read more

Industry News

Lustig joins Princeton Consultants

Lustig joins Princeton Consultants

Irv Lustig, a longtime and active member of INFORMS, recently joined Princeton Consultants as an optimization principal. Lustig will serve as a leader in the firm’s Custom Optimization practice, which focuses on transforming business decision-making through the implementation of advanced analytics and optimization. Read more

AnyLogic relocates to Chicago

AnyLogic North America, LLC, a simulation modeling software and services company, has moved its North American headquarters from Lisle, Ill., to Chicago. The new address is 20 N. Wacker Dr., Suite 2044, Chicago, IL 60606, inside the historic, newly renovated Civic Opera Building. Read more

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(Selected articles that ran in previous issues of Analytics that merit a second look.)

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The "Web First" section features articles that will appear in upcoming issues of Analytics magazine.

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Eric A. King“Big data enthusiasts are finding that the more data they collect, the harder it becomes to understand just what the data is telling them. And most practitioners are surprised to learn how little data is required to build a highly effective goal-driven model.”

– Eric A. King, president and founder of The Modeling Agency, LLC, in his article on goal-driven analytics in the November/December issue of Analytics.

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