Share with your friends










Submit

Analytics Magazine

FCC wins 2018 INFORMS Edelman Award

FCC wins 2018 INFORMS Edelman AwardThe Federal Communications Commission (FCC) won the 2018 Franz Edelman Award for its use of operations research (O.R.) as part of a revolutionary approach to address the rapidly growing need for additional wireless spectrum in the United States and Canada.

The prestigious award, which recognizes outstanding achievement in advanced analytics, O.R. and management science, was presented by INFORMS at the Edelman Gala held April 16 in Baltimore in conjunction with the 2018 INFORMS Conference on Business Analytics and Operations Research.

The FCC conducted the world’s first two-sided “incentive auction” to meet the exploding demand for wireless services by reclaiming valuable low-band electromagnetic spectrum from TV broadcasters. By purchasing spectrum from TV broadcasters and reselling it to wireless providers, the auction repurposed 84 MHz of TV spectrum for mobile broadband, next-generation “5-G” and other wireless uses, raised nearly $20 billion in revenue and contributed over $7 billion to reduce the federal deficit. In addition, operations research enabled many TV stations to remain on their original channels, saving an estimated $200 million in relocation costs.

“To be presented with the Franz Edelman Award, which recognizes the greatest achievements in operations research and analytics, is an incredible testament to the ground-breaking work of our incentive auction team,” said FCC Chairman Ajit Pai. “The auction … would not have been possible without the use of operations research tools to solve complex design and implementation challenges. We are deeply honored that our effort has been recognized with this prestigious award.”

In addition to the FCC, five other organizations were finalists for this year’s Franz Edelman Award:

  • China National Petroleum Corporation for “Natural Gas Pipeline Optimization Software”
  • Europcar for “Opticar”
  • Intel for “Multi-Echelon Inventory Optimization (MEIO) Inventory Target-Setting System”
  • Pediatric Heart Network for “Congenital Heart Defect (CHD) Clinical Practice Guidelines (CPG)”
  • Turner Broadcasting System, Inc. for “TargetingNOW and AudienceNOW”

First awarded in 1972, the Franz Edelman Award recognizes and rewards outstanding contributions of analytics and O.R. in the for- and non-profit sectors around the globe. Each year, INFORMS honors finalist teams that have improved organizational efficiency, increased profits, brought better products to consumers, helped foster peace negotiations and saved lives. Since its inception, the cumulative dollar benefits from Edelman finalist projects have surpassed $250 billion.

The conference drew more than 1,000 attendees, many of them leading professionals in analytics and operations research.

With 12,500 members from nearly 90 countries, INFORMS is the world’s largest international association of operations research and analytics professionals and students. INFORMS provides unique networking and learning opportunities for individual professionals, and organizations of all types and sizes, to better understand and use O.R. and analytics tools and methods to transform strategic visions and achieve better outcomes.

Related Posts

  • 81
    The Franz Edelman Award from INFORMS recognizes and rewards organizations for outstanding contributions of OR/MS and advanced analytics. INFORMS encourages everyone whose work is driving impactful change and results to participate in the 2018 Edelman competition.
    Tags: edelman, informs, advanced, analytics, outstanding, organizations, award, franz, recognizes, year
  • 78
    INFORMS selected a diverse group of six finalists for the 47th annual Franz Edelman Award for Achievements in Operations Research and Management Science, the world’s most prestigious award for achievement in the practice of analytics and O.R. The 2018 finalists, who will present their work before a panel of judges at the…
    Tags: $, management, award, billion, inventory, operations, edelman, tv, analytics, system
  • 74
    Considering attending the 2018 INFORMS Conference on Analytics & Operations Research? Nowhere else in the world will you find the analytics and operations research expertise and experience across so many industries coming together for a three-day event. On April 15-17, a thousand professionals from more than 400 companies and essentially…
    Tags: analytics, conference, business, operations, informs
  • 74
    Leaders in industry and academia from around the world are among those who will be joining the INFORMS Board of Directors in 2018. INFORMS is the leading international association for operations research and analytics professionals (and the publisher of Analytics magazine).
    Tags: informs, analytics, professionals, operations, o.r, better, science, management
  • 72
    The deadline to apply for 2017 INFORMS Prize is Dec. 1, 2016. The INFORMS Prize is awarded for effective integration of advanced analytics and operations research/management sciences (OR/MS) in an organization.
    Tags: informs, advanced, analytics, operations, award


Headlines

Does negative political advertising actually work?

While many potential voters dread campaign season because of pervasive negative political advertising, a new study has found that negative political advertising actually works, but perhaps not in the way that many may assume. The study “A Border Strategy Analysis of Ad Source and Message Tone in Senatorial Campaigns,” which will be published in the June edition of INFORMS’ journal Marketing Science, is co-authored by Yanwen Wang of the University of British Columbia in Vancouver, Michael Lewis of Emory University in Atlanta and David A. Schweidel of Georgetown University in Washington, D.C. Read more →

Meet Summit, world’s most powerful, smartest scientific supercomputer

The U.S. Department of Energy’s Oak Ridge National Laboratory on June 8 unveiled Summit as the world’s most powerful and smartest scientific supercomputer. With a peak performance of 200,000 trillion calculations per second – or 200 petaflops – Summit will be eight times more powerful than ORNL’s previous top-ranked system, Titan. For certain scientific applications, Summit will also be capable of more than three billion billion mixed precision calculations per second, or 3.3 exaops. Read more →

Employee engagement a top concern affecting customer experience

Employee engagement has surfaced as a major concern in delivering improvements in customer experience (CX), with 86 percent of CX executives in a Gartner, Inc. survey ranking it as having an equal or greater impact than other factors such as project management and data skills. “CX is a people issue,” says Olive Huang, research vice president at Gartner. “In some instances, the best technology investments have been derailed by employee factors, such as a lack of training or incentives, low morale or commitment, and poor communication of goals." Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

INFORMS Annual Meeting
Nov. 4-7, 2018, Phoenix

OTHER EVENTS

Advancing the Analytics-Driven Organization
July 16-19, noon-5 p.m.


Making Data Science Pay
July 30-31, 12:30 p.m.-5 p.m.


Predictive Analytics: Failure to Launch Webinar
Aug. 18, 11 a.m.


Applied AI & Machine Learning | Comprehensive
Sept. 10-13, 17-20 and 24-25

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.