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Aaron Lai"Ada found the division between art and science deterred people from understanding the essence of an idea. Ada believed in the importance of intuition and image in mathematics and science. She called this 'Poetical Science.' The key features were observation, interpretation and integration. They were relevant a hundred years ago and are still relevant today."
– Aaron Lai, senior manager of analytics for Blue Shield of California, in his profile of "poetical scientist" Ada Lovelace in the January/February 2017 issue of Analytics magazine.

Recent News

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 →

Stereotypes hold back girls’ interest in STEM subjects

Stereotypes hold back girls’ interest in STEM subjectsNew 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 →

Analytics Society of INFORMS

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 →

Society announces finalists for 2017 IAAA honors

The Analytics Society announced three finalists for the 2017 Innovative Applications of Analytics Award (IAAA) sponsored by Caterpillar and the Society. Scott Grasman of Rochester Institute of Technology chaired the judging committee. The finalists will present their projects at the 2017 INFORMS Conference on Analytics & O.R. in Las Vegas in April. Read more →

Industry News

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 →

Microsoft awards Accenture seven-year contract extension

Microsoft has awarded Accenture a seven-year contract extension to continue providing finance and accounting (F&A) and procurement business process services. Accenture will leverage artificial intelligence, automation and analytics capabilities to deliver better business insights and help Microsoft increase productivity and efficiency. Read more →

Frontline surpasses 200,000 cloud-based advanced analytics users

Frontline Systems, developer of the Solver in desktop Microsoft Excel 26 years ago, announced that it has surpassed 200,000 users of its cloud-based advanced analytics tools for optimization, simulation/risk analysis, forecasting, data mining and text mining – based on usage data from Microsoft, Google and its own SaaS platforms. Read more →

INFORMS Initiatives

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 →

INFORMS unveils new logo

During the recent 2016 INFORMS Annual Meeting, Vice President of Marketing and Outreach Laura Albert McLay unveiled an exciting change for the organization – a new logo that will officially begin to be used with the launch of the new INFORMS website in the spring of 2017. Read more →

INFORMS launches aCAP certification for early career analytics professionals

Since its inception in 2013, the Certified Analytics Professional (CAP®) program has enabled hundreds of organizations across 20 different countries (including 20 percent of the Fortune 100) to meet those challenges through its rigorous process of certifying top experienced analytics professionals. Now, the CAP program is helping organizations expand that ability to top early career professionals with the launch of its new Associate Certified Analytics Professional (aCAP) program. Read more →

INFORMS’ Certified Analytics Professional (CAP®)

Associate CAP helps young analytics professionals stand out

The INFORMS Associate Certified Analytics Professional (aCAP™) program enables emerging analytics professionals to obtain a competitive advantage over their peers with the distinction of a certification, while affording them the opportunity to build the experience and soft skills necessary for a full CAP certification. Read more →

Recent Features

The historically secretive CIA is moving toward open information sharing with other agencies and the public. Photo Courtesy of 123rf.com | ruskpp

The CIA’s new transparency

The CIA wants the public to know much more about what it’s doing, and analytics plays a key role in the agency’s new approach. This development is not just a few pronouncements to build public support, but a major change in how the CIA and other intelligence agencies will function. Surprising as this may seem to long-time watchers of the intelligence community, the Central Intelligence Agency (CIA) is serious about changing its policies, practices and organizational structure, trying to move toward open information sharing with other agencies and the public. The intelligence community’s mission is expanding from keeping and collecting secrets to winning at information warfare. Disseminating the story the U.S. wants told is emerging as a key mission. Read more →

There’s often little or incomplete measurement of whether promotions actually work. Photo Courtesy of 123rf.com | igorvkv

Driving smarter decisions on pricing, promotion

The consumer goods industry thrived for years on its ability to please the average shopper. From toothpaste to soap powder, it knew how to give people what they wanted – and how to sweeten the purchase with the right price, a tempting discount or a great deal. But for the last decade the sector has struggled to grow – both in terms of revenues and margins. The world has changed, and consumer goods companies have – by and large – found it hard to adapt. Brand loyalty is harder to come by, as more people shop at discounters or go online for the best deals. Digital disruption has opened the market to new companies with different business models. Recent EY research found 45 percent of companies in the industry were struggling to keep pace with changing consumer needs and behaviors. Read more →

The core of Industry 4.0 is connected, intelligent products that communicate with users or other products. Photo Courtesy of 123rf.com | aimage

Industrie 4.0: Analytics everywhere

Through advances such as big data and the Internet of Things (IoT), the field of analytics has been growing by leaps and bounds. However, much of the focus, particularly in the United States, has been in the consumer (i.e., business-to-consumer, or B2C) market. Indeed, much of the innovation coming out of Silicon Valley, and from disruptive digital companies with new business models and no legacy infrastructure to contend with, remains in the context of personalization and the consumer experience. 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

Syngenta transforms global logistics with digital operating model

Syngenta, a leading global agriculture company, has collaborated with Accenture to design and implement a new digital logistics operating model across all modes of transportation, including sea and air freight globally and road freight in North America and Europe. The model will enable Syngenta to more effectively manage increasingly complex logistics networks and operations with lower costs and higher service performance. Read more →

Metro areas with the best, worst markets for STEM workers

With STEM jobs expected to grow 1.7 times faster than non-STEM professions in the coming years, the personal-finance website WalletHub followed up on its “Best & Worst Cities to Find a Job” report with an in-depth analysis of 2017’s “Best & Worst Metro Areas for STEM Professionals.” 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.