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Recent News

Donghyun David Kim

Drone delivery: Professor develops solution to minimize delays in operations

When delivery companies like FedEx, Amazon and UPS launch drones to deliver packages in the near future, one Kennesaw State University computer science professor may be at the crux of solving one of its most complicated problems. Donghyun (David) Kim, assistant professor of computer science and an expert in computer algorithm optimization, is designing a fast-running algorithm to tackle simultaneous coordination problems among multiple delivery trucks and the drones launched from them. Read more →

Tech spending growth limited to about 5 percent through 2018

Forrester predicts U.S. business and government tech spending will continue to grow by 4.8 percent through 2017 and increase to 5.2 percent in 2018. While these forecasts are higher than Forrester’s projections following the 2016 presidential election, they are lower than the expected numbers from a year ago. Read more →

How to grow a premium brand without killing its soul

Managers of premium brands face a perennial dilemma. How do you grow a premium brand without killing its soul – the unique brand cachet that attracts its core high price paying customers – even as you seek to expand sales to the masses by offering lower prices? In recent years, outlet stores located hours away from glitzy shopping districts, selling off-season and lower tier merchandise at a fraction of regular retail prices, have proliferated and become significant sources of revenues. The conventional wisdom is that relying on revenues from outlet stores can destroy the brand’s cachet over time. But according to a forthcoming study in the INFORMS journal Marketing Science, a leading scholarly marketing journal, outlet stores may actually help improve the brand’s cachet. Read more →

Analytics Society of INFORMS

IAAA and Interfaces: a winning combination

The six finalists of the 2018 Innovative Applications of Analytics Award (IAAA) competition, sponsored by Caterpillar and the INFORMS Analytics Society, will receive expedited consideration for the publication of their winning work in a special issue of Interfaces, INFORMS premier journal of applied analytics. Read more →

Industry News

AIMMS sponsors first Dutch Data Science Awards

The winners of the first edition of the Dutch Data Science Awards, recently announced in Haarlem, included Quantib, data visualization expert Stef van den Elzen, AgroEnergy and CQM. AIMMS and AIMMS implementation partner ORTEC sponsored the awards along with EY, Lubbers De Jong, Microsoft and Motivaction.  Read more →

INFORMS Initiatives

Dr. Tasha R. Inniss

INFORMS names Inniss director of Education and Industry Outreach

INFORMS announced that Dr. Tasha R. Inniss has joined the INFORMS staff as the inaugural director of Education and Industry Outreach. In this role, she will contribute her extensive mathematics and education background to the overall vision, strategic direction and implementation of all education- and practice (industry)-related activities and outreach. Read more →

Certification manager: Three good reasons to hold CAP certification

In my 13 years of credentialing, one of the recurring questions that I am asked is: “Why should I be certified?” A good question; one that sets the stage for an in-depth look at the numerous benefits of a third-party credential in general and INFORMS’ Certified Analytics Professional (CAP®) certification in particular. Three good reasons to hold CAP certification – confirmation, differentiation, and documentation – are probably the ones that immediately come to mind. Read more →

INFORMS Healthcare 2017: Optimizing operations & outcomes

Since the first edition in 2011, the biennial INFORMS Healthcare Conference has quickly developed into the global leading conference in its field. This is further underlined by the decision of the INFORMS Health Applications Society to cross the ocean for the fourth edition, which will be held in Rotterdam, Netherlands, on July 26-28. Read more →

Winter Simulation Conference heading to Las Vegas

The 2017 Winter Simulation Conference (WSC 2016) will be held Dec. 3-6 in Las Vegas at the Red Rock Resort. WSC is celebrating 50 years. In addition to a technical program of unsurpassed scope and quality, WSC is the central meeting place for simulation practitioners, researchers and vendors working in all disciplines in industry, service, government, military and academic sectors. Read more →

Recent Features

dark data

Dark analytics: Shedding light on a new business asset

Deep within the astonishing volumes of raw information generated by business transactions, social media, search engines, IoT and countless other sources, valuable intelligence about customers, markets and organizations, lies waiting to be discovered. Leveraging advanced technologies to explore this expansive universe of unstructured and “dark” data reveals hidden insights to inform decision-making and chart new paths to the future. Machine learning, robotics process automation, visualization, natural language processing, and image and video analysis allow questions to be answered and opportunities brought to light that were unimaginable only a few years ago. Read more →

Organizations need to understand that any data left unexplored is an opportunity lost and a potential security risk.

Dark data: The two sides of the same coin

Today, we live in a digital society. Our distinct footprints are in every interaction we make. Data generation is a default – be it from enterprise operational systems, logs from web servers, other applications, social interactions and transactions, research initiatives and connected things (Internet of Things). In fact, according to a Digital Universe study, 2.2 zettabytes of data was generated in 2012. This grew by 100 percent in 2013, and is slated to grow to 44 zettabytes by 2020 worldwide. Read more →

Companies are increasingly at risk of politically motivated cyber attacks.

Surviving global terror: How businesses can better track risks

In 2015 and 2016, extremist groups carried out 33 successful terrorist attacks in Western countries – up from an average of three per year in the preceding decade. The overwhelming majority of terrorist attacks take place in a small handful of countries, with attacks in the West representing only 0.3 percent globally in 2016. But the increase in the frequency and fatality rates associated with these attacks means that terrorism is now firmly back on the corporate risk register, regardless of where a company’s assets may be located. 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.


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Headlines

Study: Salaries for early career data scientists decrease for first time

Salaries for early career data scientists decreased year over year for the first time in four years as did the percentage of early career data scientists with a Ph.D. while demand for data scientists continued to increase, according to a recently released Burtch Works’ 2017 salary study of data scientists. Salaries for more experienced data scientists generally held steady or increased slightly depending on an individual’s focus area, responsibility and geographic base, according to the report. Read more →

Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

CONFERENCES

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

CAP® EXAM SCHEDULE

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