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Quotable

“Customers are smart, well informed and empowered, as Internet connectivity is available to them at their fingertips and on the go. It has therefore become impera tive for organizations to be on the customers’ online radar with respect to new products or services and to be able to influence their choices.”

– Rohit Tandon, vice president and head of Global Analytics at Hewlett-Packard, in the Executive Edge column in the current (July/August) issue of Analytics magazine.


Updated: Friday 12 September 2014, 21:01

Headlines

Mayo Clinic, IBM’s Watson tackle clinical trial research

Mayo Clinic, IBM’s Watson tackle clinical trial research

Mayo Clinic and IBM plan to pilot Watson, the IBM cognitive computer, to match patients more quickly with appropriate clinical trials. A proof-of-concept phase is currently underway, with the intent to introduce it into clinical use in early 2015. Read more

Georgia Tech’s ISyE Department forms Health Analytics group

When deciding on a course of action in the world of healthcare, there’s very little to no room for error, so collecting and using good data to drive decision-making is amplified in importance. Today, given the increasingly complex and massive amounts of healthcare data collected, the ability to accurately capture, integrate and analyze this data is crucial in helping to better understand current issues and make better decisions within healthcare delivery and public health systems. Read more

Kleinmuntz named director of ND’s new master in business analytics program

Kleinmuntz named director of ND’s new master in business analytics program

University of Notre Dame’s Mendoza College of Business named Don N. Kleinmuntz director of the Notre Dame Master of Science in Business Analytics, a graduate business degree set to launch in the University’s downtown Chicago campus in January 2015. Read more

Applications open for 2015 FinTech Innovation Lab

Accenture and 14 leading financial institutions have opened the application period for the third annual FinTech Innovation Lab London, a 12-week mentoring program that helps early and growth stage financial technology entrepreneurs accelerate product development and gain exposure to leading financial industry executives. Read more

Gartner’s ‘Hype’ report maps journey to digital business

Gartner’s ‘Hype’ report maps journey to digital business

The journey to digital business is the key theme of Gartner, Inc.'s “Hype Cycle Report for Emerging Technologies, 2014.” According to Gartner, for enterprises setting out on the journey to becoming digital businesses, identifying and employing the right technologies at the right time will be critical. Read more

Using competitors’ brand name as a keyword can backfire

Buying keywords of a popular competitors' brand names on search engines such as Google and Bing can backfire according to a new study in the Articles in Advance section of Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS). Read more

Cars, cash and cake

Use data science to make things better. That was the name of the game in a recent international “Optimize the Real World” competition hosted by FICO. The top three teams each won $10,000 for their work in applying analytics to manufacturing, financial services and food production. Read more

Analytics Section of INFORMS News

INFORMS Midwest Practice of Analytics Conference

The second annual INFORMS Midwest Practice of Analytics Conference, a half-day event for industry professionals in the field of analytics, will be held Sept. 4 at the University of Chicago’s Gleacher Center in downtown Chicago. Read more

Analytics at the Barcelona IFORS Conference

The 20th Conference of the International Federation of Operational Research Societies was held in Barcelona, Spain from July 13-18. Held once every three years, this conference brings together approximately 3,300 operations research (O.R.) academics and practitioners from all over the world. This particular IFORS conference was notable for several reasons – one obvious virtue was a venue within sight of the Mediterranean and close to every artistic, cultural and culinary delight that Barcelona has to offer. Read more

2015 Innovative Applications in Analytics Award

Applications for the 2015 Innovative Applications in Analytics Award, sponsored by the INFORMS Section on Analytics, are due Aug. 25. The purpose of the award is to recognize creative and unique developments, applications or combinations of analytical techniques used in practice. The prize promotes the awareness of the value of analytics techniques in unusual applications, or in creative combination to provide unique insights and/or business value. Read more

INFORMS Initiatives

CIO Magazine: INFORMS’ CAP program ‘pays off’

INFORMS’ Certified Analytics Professional (CAP®) program was recently listed first by CIO magazine among the “11 Big Data Certifications That Will Pay Off.” The largest society in the world for professionals in the fields of analytics, operations research and management science, INFORMS’ CAP exam is given at hundreds of computer-based testing centers worldwide through an agreement with Kryterion (a full-service provider of customizable assessment and certification products and services). Read more

Analytics courses set for Baltimore/D.C. area in September

INFORMS has a continuing education program designed specifically for those in the field of operations research and analytics. Two courses from this program are coming to the Baltimore/Washington, D.C., area in September: “Introduction to Monte Carlo and Discrete-Event Simulation” and “Foundations of Modern Predictive Analytics.” These courses are intensive, two-day, in-person courses. Once you leave the classroom you will have the skills, tools and methods you can immediately use to help make your projects a success. Read more

Industry News

AnyLogic Conference to tackle complex business problems

AnyLogic simulation and modeling software is utilized by globally recognized organizations to ensure better, more profitable decision-making. These organizations gather each year to showcase their accomplishments at the AnyLogic Conference. The 2014 Conference program includes GE, PwC, Intel, CSX, Symbotic, Johns Hopkins University and more, covering topics such as supply chain, logistics, healthcare, marketing, rail, distribution, warehousing and pedestrian flow. Read more

What’s New in Frontline Solvers V2014-R2

Frontline Solvers recently introduced Version 2014-R2 of Frontline Solvers for Excel, including a new release of its “super product,” Analytic Solver Platform. The biggest news in the release is the introduction of XLMiner Platform, a completely rewritten and far more powerful data-mining tool and its subset XLMiner Pro (still more powerful than the former XLMiner Professional). Read more

DNV GL releases AIMMS-based business simulation game for energy market

DNV GL releases AIMMS-based business simulation game for energy market

DNV GL, a leading technical advisor to the global oil and gas industry, in cooperation with NV Nederlandse Gasunie and the University of Groningen, has developed a novel business simulation game that provides insights into the strategies that market players employ when introducing renewable energy sources in a liberalized energy system. Dubbed “GISEGAS,” the simulation game integrates a web-based front end user interface with a physical world simulation engine built with the AIMMS Modeling Language. Through GISEGAS, the project partners will provide students and companies in the industry with a safe simulation environment to explore different theories and gain new... Read more

More News >>

Instant Replay

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

"Consulting: 18 things nobody tells you about solo practice"
by
Doug Samuelson

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