CAP NewsDoing Good with Good O.R. competition
Lisa Maillart and Itai Ashlagi, co-chairs of INFORMS’ 2015 Doing Good with Good O.R. student paper competition, named the following six finalists for this year’s competition:Read More
Industry NewsFrontline Solvers V2015-R2 offers Excel users access to big data, advanced analytics, data visualization and sharing on the Web
Frontline Systems is shipping a new product line release, Version 2015-R2 of its Solvers for Excel, including its flagship integrated product, Analytic Solver Platform, and its “professional entry-level” integrated product, Analytic Solver Pro.Read More
Special ArticlesStudy incorporates predictability into airport ground delay programs
For air traffic managers coping with delays due to adverse weather, it’s good to know early how late a flight will be. Ground delay program (GDP) decisions that recognize this are superior to those that do not, substantially reducing the cost of GDPs to flight operators. In a case study based on San Francisco International Airport, researchers reduced the cost of delays by 13 percent by incorporating predictability into the GDP.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.”