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Analytics Magazine

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Recent News

2017 Tech Trends: the kinetic enterprise

From dark analytics to mixed reality, machine intelligence and blockchain, Deloitte’s annual Technology Trends report analyzes the trends that could disrupt businesses in the next 18-24 months. CIOs who can harness the possibilities of these technologies will be better positioned to shape the future of their business. Read more →

FICO: Financial crime trends for 2017

If the world seemed dangerous from a financial crime perspective last year, FICO experts predict an even more challenging 2017. In a new paper, four of the leaders in the company’s fraud and financial crime group laid out 17 predictions, ranging from killer devices in the home to hacked fingerprints. Read more →

Business Analytics Conference ready to roll in Vegas

The 2017 INFORMS Conference on Business Analytics & Operations Research will take place in Las Vegas on April 2-4 at Caesars Palace. Analytics 2017 will bring together nearly a thousand leading analytics professionals and industry experts to share ideas, network and learn through real-life examples of data-based analytical decisions. Read more →

Analytics Society of INFORMS

See you in Las Vegas!

We hope to see many Analytics Society members in Las Vegas for the upcoming INFORMS Conference on Business Analytics & Operations Research be held April 2-4. As shared in previous communications, the Analytics Society is organizing many exciting events for the conference. Read more →

IPC to provide taste of analytics practice for graduate students

The INFORMS Professional Colloquium (IPC), to be held Sunday, April 2, during the INFORMS Conference on Business Analytics & Operations Research in Las Vegas, will provide real-world career guidance for a select group of practice-oriented graduate students. During the all-day IPC, the students will receive career advice from veteran practitioners through presentations, a case study and a panelist discussion. Read more →

Industry News

AIMMS and UniSoma renew partnership agreement

AIMMS, an award-winning vendor of prescriptive analytics software, and UniSoma, a leading provider of Advanced Planning solutions, have renewed their partnership agreement, celebrating years of collaboration. Through their partnership, the companies have served many industry giants like JBS, Suzano, ArcelorMittal, Marfrig, Votorantim, Gerdau and others. Read more →

Frontline shipping V. 2017 of Solvers for Excel and Analytic Solver.com

Frontline Systems is shipping a new product line release for desktop and cloud, Version 2017 of its Solvers for Excel and AnalyticSolver.com, its SaaS equivalent. The new release unifies and simplifies Frontline’s products, makes learning predictive and prescriptive analytics accessible to everyone at very low cost, is easier to upgrade for larger models or data sets, and is easier to use across multiple desktop machines and the cloud. Read more →

Ducati races ahead of the pack with Accenture and machine learning

Ducati Corse, the racing department of Ducati Motor Holding, a world leader in sports motorcycle manufacturing, is working with Accenture to integrate the Internet of Things (IoT) and artificial intelligence technologies into the testing of its MotoGP racing bikes. Ducati Corse wants to make testing its race bikes faster, cheaper and more effective. Read more →

AIMMS-based decision support tool addresses Europe’s refugee crisis

AIMMS, Nyenrode University and PwC announced the creation of a decision-support application for municipalities and other government offices that are responding to the ongoing refugee crisis in Europe. The application leverages PwC’s Business Simulator, a modeling solution built with AIMMS software, to analyze the impact of municipality decision scenarios on actual socio-economic policies. Read more →

INFORMS Initiatives

Ready for Rotterdam: 2017 INFORMS Healthcare Conference

All over the world, healthcare organizations are being challenged by obstacles related to the aging of the population and other global trends. It is vital that the complex and growing demands in healthcare delivery are tackled swiftly and optimally. With the abundance of data available, operations researchers across the globe can pool resources and share solutions to come up with innovative ideas to remedy shortcomings within current healthcare systems. The 2017 INFORMS Healthcare Conference, being held July 26-28 in Rotterdam, Netherlands, is the ideal forum for O.R. professionals to come together to optimize health service operations and outcomes. Read more →

ISMS Marketing Science Conference

The 39th Annual ISMS Marketing Science Conference will be held June 7-10 at the University of Southern California in Los Angeles. The ISMS Marketing Science Conference is an annual event that brings together leading marketing scholars, practitioners and policymakers with a shared interest in rigorous scientific research on marketing problems. Read more →

INFORMS Student Team Competition finalists named

Eight student teams from around the world have been selected as finalists in the inaugural INFORMS O.R. and Analytics Student Team Competition. INFORMS, the leading international association for professionals in operations research and analytics, introduced this new competition to highlight young talent and provide O.R. and analytics students the opportunity to solve the kinds of real-world workplace challenges they will face during their careers. Read more →

Directors of academic analytics programs to meet in Las Vegas

What are your biggest challenges as the director of an university analytics program? Chances are you’re not alone, and many of your fellow program directors share the same challenges and more. Analytics program directors from across the country will gather in Las Vegas on April 1 for the inaugural Meeting of Analytics Program Directors (MAPD) sponsored by INFORMS. Read more →

Applications for 2017 Daniel H. Wagner Prize now open

Applications for the 2017 Daniel H. Wagner Prize for Excellence in Operations Research Practice are now open. A two-page abstract in English that provides evidence of mathematical development, solution, unique new algorithm or series of coherent advances developed in conjunction with an application is due by May 1. Read more →

Recent Features

ABM and related technology: “You’re going after fewer fish, but they’re the ones you want.” Photo Courtesy of 123rf.com | kritchanut

ABM and predictive lead scoring – a primer for success

Account-based marketing (ABM) – and the related technology of predictive lead scoring – is dramatically changing the face of sales and marketing. The difference is like spearfishing when all you’ve known before is dragging a net. It’s much more precise and uses analytical processes to ensure that your efforts are focused on the results your organization needs and your leads are more efficiently converted to sales. For enterprise sales, ABM is critical because B2B sales are much more tightly focused than B2C sales. Read more →

The goal in any statistical investigation is to bring forth some insight from the data. Photo Courtesy of 123rf.com | Thananit Suntiviriyanon

Statistical Analysis Software Survey: The joys and perils of statistics

We were repeatedly reminded several times last year that variability can confound statistical predictions and unlikely events do occur. Upsets in sports and politics are always news, since having the underdog beat the “sure thing” is surprising and noteworthy. What is exciting in sports is unexpected in politics, since we expect our predictions to do better when the business is serious. Read more →

Cathy O’Neil’s best-selling book explores sociological downside of data science.

Disarming ‘Weapons of Math Destruction’

Cathy O’Neil, an industry insider and experienced expert, thoroughly covers the sociological downside of data science in her New York Times bestseller and first-of-its kind book, “Weapons of Math Destruction.” In the world of big data, there’s a lot of music to be faced. With all its upside, data science’s deployment risks being prejudicial, predatory, exploitative, buggy, blindly trusted and secretive. And it has the potential to magnify the consumer’s personal economic struggle rather than remedy it. Read more →

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.

Headlines

Stereotypes hold back girls’ interest in STEM subjects

New research from Accenture reveals that young people in the United Kingdom and Ireland are most likely to associate a career in science and technology with “doing research” (52 percent), “working in a laboratory” (47 percent) and “wearing a white coat” (33 percent). The study found that girls are more likely to make these stereotypical associations than boys. Read more →

Gartner: Connected ‘things’ will jump 31 percent in 2017

Gartner, Inc. forecasts that 8.4 billion connected things will be in use worldwide in 2017, up 31 percent from 2016, and will reach 20.4 billion by 2020. Total spending on endpoints and services will reach almost $2 trillion in 2017. Regionally, China, North America and Western Europe are driving the use of connected things, and the three regions together will represent 67 percent of the overall Internet of Things (IoT) installed base in 2017. Read more →

U.S. News: Analytics jobs rank among the best

When it comes to the best business jobs, analytics- and operations research-oriented disciplines dominate the list, according to U.S. News & World Report’s rankings of the “2017 Best Jobs.” In order, the top five “best business jobs” listings include: 1. statistician
, 2. mathematician
, 3. financial advisor, 
4. actuary, and 
5. operations research analyst. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

CONFERENCES

2017 INFORMS Business Analytics Conference
April 2-4, 2017, Las Vegas

2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.