Winter Simulation Conference
Feb. 19-20, 2015
Data Analytics for Action & Impact:Transforming Data to Goal-Driven Insight for the Data-Rich yet Information-Poor
Special ArticlesINFORMS announces six finalists for 2015 Edelman Award
INFORMS recently announced six finalists representing a diverse collection of applied analytics and advanced operations research work who will compete for the 2015 Franz Edelman Award in a series of judged presentations at the INFORMS Conference on Business Analytics & Operations Research in Huntington Beach, Calif., in April.Read More
Special ArticlesBusiness Analytics and O.R. Conference
The Institute for Operations Research and the Management Sciences (INFORMS) will return to Huntington Beach, Calif., for the 2015 INFORMS Conference on Business Analytics and Operations Research, which will be held April 12-14, 2015, at the Hyatt Regency Resort & Spa. The conference, with the breadth of its coverage and the depth and quality of its presentations, should be of great interest to practitioners of analytics and operations research, whether they work in the public sector or private industry. It will also appeal to academics who are training future analytics practitioners or have research interests that would benefit from exposure to cutting-edge work in industry and government.Read More
CAP NewsWagner Prize presentations available online
Video presentations of the six finalists of the 2014 Daniel H. Wagner Prize for Excellence in Operations Research Practice, won by Ford Motor Company, are now available for viewing.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.”