2015 INFORMS Conference on Business Analytics and Operations Research
Huntington Beach, Calif.
CORS - INFORMS Joint International Meeting
Le Centre Sheraton, Montreal
INFORMS Healthcare 2015
2015 Analytics Applications Summit
Harrisburg University of Science and Technology, Harrisburg, Pa. (Free event)
Special ArticlesFinalists named for UPS George D. Smith Prize
The Institute for Operations Research and the Management Sciences (INFORMS), publishers of Analytics magazine and the leading association for professionals in advanced analytics, recently announced three finalists for the UPS George D. Smith Prize that recognizes an academic institution’s excellence in preparing students to become practitioners of analytics and operations research.Read More
CAP NewsAnalytics Maturity Model: Check strengths, weaknesses to improve
The new INFORMS Analytics Maturity Model (AMM) is proving to be a reliable self-assessment tool for analytics experts who want to determine how well their organizations gain the benefits of analytics. AMM allows you to input data about your organization – data is double encrypted to ensure security – rank your use of analytics on a 10-point scale and reuse the model to do comparisons over time.Read More
Analytics Section of INFORMS NewsCelebrate and learn more about the INFORMS CAP program
Anyone interested in learning more about the INFORMS Certified Analytics Professional (CAP®) program and celebrating the program’s two-year anniversary is invited to a gathering on the afternoon of April 13 in Huntington Beach, Calif., in conjunction with the INFORMS Conference on Business Analytics and Operations Research.Read More
Smart grid analytics ROI to exceed $121.8 billion globally by 2020
Utilities worldwide must maximize efficiency for constrained energy resources. Many are realizing the smart grid vision by using SAS Analytics and SAS Data Management to discover powerful insights buried in volumes of new data. SAS enables utilities to harness data for pinpoint control and monitoring, usage and demand forecasting, rapid diagnosis and repair, as well as predicting output from renewable sources such as solar and wind. For those capabilities, business analytics leader SAS is ranked No. 1 for smart grid analytics and data management/movement in the recently released utility industry report, “The Soft Grid 2013-2020: Big Data & Utility Analytics for the Smart Grid,” by GTM Research.
In addition to trends and predictions for the soft grid, the report forecasts that cumulative global spending on smart-grid-related analytics will top $20.6 billion between 2012 and 2020, with annual spend reaching $3.8 billion globally in 2020. The group estimates that, for utilities deploying these technologies, the achieved return on investment will exceed $121.8 billion globally over the same time period.
According to the report, SAS data analytics software lets utilities track, visualize and predict demand: “When it comes to the true next-gen analytics that represent the focus of this report, SAS remains head-and-shoulders above the other major software giants.”
“This is a transformational time for the utilities industry. Leaders are successfully analyzing a wealth of big data they produce to realize the efficiencies and savings of a more intelligent grid,” says Tim Fairchild, SAS Global Utilities Practice Director. “Powerful SAS Analytics, coupled with the innovation and leadership of SAS’ utilities customers, is helping make smart grid a reality.”