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Analytics Magazine

Forecasting

FORECASTING ARTICLES

Software Survey: The future of forecasting
Making predictions from hard and fast data.

Using analytics to make powerful business decisions
Big data is a hot topic, but harnessing its full potential can be elusive.

The ‘Sequestetron’
Spreadsheet model helps municipalities cope with risk management, forecasting, budget uncertainties during turbulent times.

Profit Center: Forecasting and optimization
Beyond supply chain planning: the development of optimization in complex sourcing.

Utilities dust off the forecasting playbook
Smart grid data brings challenges and opportunities for power industry.

Integrating data mining and forecasting
The Dow Chemical approach to leveraging time-series data and demand sensing.

Corporate Profile: Bank of America
25 years of analytics at Bank of America

Viewpoint: Did Nate Silver beat the tortoise?
In making election forecasts for the FiveThirtyEight blog (538) at the New York Times, Nate Silver uses a statistical model that is subtle, sophisticated and comprehensive. Real Clear Politics uses a shallow approach to forecasting that could have been devised by a statistical Forrest Gump.

Forum: Time-to-event analysis
Statisticians and analytics related professionals have been conducting time-to-event analyses across myriad applications for as long as data has been collected and analyzed.

Predicting the presidential election
Will the “13 keys” once again open the door to the White House?

Corporate Profile: Walt Disney World
How analytics enhance the guest experience at Walt Disney World

Collaborative forecasting: from vision to reality
Collaborative forecasting enables companies to transition from periodic, disparate and isolated forecasting activities to a single, real-time enterprise forecasting process.

Forecasting an upward trend?
Survey of forecasting software reveals interesting trends and new developments.

Actionable Analytics
How to convert thought into action and bridge the gap between analytics creation and consumption.

Supply Chain Management: New math, big data
Across the supply chain, manufacturers and retailers are exploiting the
vital raw material of the information economy.

Value Added Analysis: Business forecasting effectiveness
Should accuracy be an organization
s biggest concern?

Executive Edge: Executive briefing on simulation in strategic forecasting
Simulation forecasts have several important advantages over single point estimates.

Risk in revenue management
Acknowledging risk’s existence and knowing how to minimize it.

The secret to better credit-risk management: economically calibrated models

Executive Edge: The interactive nature of analytics

Predictive Markets: Predicting the rise of prediction markets
Social analytic tool taps into the “wisdom of crowds.”

Software Survey: Forecasting at Steady State?
Perhaps, but ubiquitous software continues to play a crucial role in many aspects of life.

Serving the Services Industry
T
he emerging science of service management opens opportunities for business analytics.

13 Keys to the White House
Quantitative historian Allan Lichtman uses analytics to predict elections.

Profit Center: Beyond the Magic

Executive Edge: Seeing the Future in Value Chain Management
Cisco’s strategy: Bring together formerly “silo-ed” teams around a shared nucleus of governance, metrics and culture.

Advanced Analytics for Sales & Operations Planning
Effective S&OP decision-making can’t be achieved without insights from analytics.

Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


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Headlines

Study: Salaries for early career data scientists decrease for first time

Salaries for early career data scientists decreased year over year for the first time in four years as did the percentage of early career data scientists with a Ph.D. while demand for data scientists continued to increase, according to a recently released Burtch Works’ 2017 salary study of data scientists. Salaries for more experienced data scientists generally held steady or increased slightly depending on an individual’s focus area, responsibility and geographic base, according to the report. Read more →

Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured. Read more →

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2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

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