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Headlines

INFORMS launches Section on Analytics

As part of its outreach to the greater analytics community, the Institute for Operations Research and the Management Sciences (INFORMS) announced the establishment of a new Section on Analytics.

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Analyze This!: Let’s get this analytics party hopping

In my ongoing quest to figure out what’s going on in the world of analytics, I’ve recently been to the Predictive Analytics World (PAW) conference and the INFORMS Business Analytics and Operations Research conference in Chicago. I have seen dozens of presentations, heard scores of panel discussions and had a million or so conversations. In no particular order, here are some of my impressions.

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SAS endorses STEM recommendations for boosting math and science outcomes

Business analytics company SAS has endorsed the new “Vital Signs” reports that offer state-by-state recommendations on strengthening K-12 math and science to prepare students to compete globally. SAS CEO and founder Jim Goodnight urged state leaders to resist political pressure to lower expectations.

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New York State recovers $83 million in tax debt with IBM technology

New York State recovered $83 million in delinquent taxes last year thanks in large part to the deployment of the IBM Tax Collections Optimizer. The $83 million represents an 8 percent increase from 2009 and is double the average increase in prior years before the new technology was introduced.

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Midwest ISO earns Edelman honors

  Midwest ISO earns Edelman honors

Moments after Midwest ISO, which manages one of the world’s largest energy markets, won the 2011 Franz Edelman Award for Achievement in Operations Research and the Management Sciences, company CEO and President John Bear was asked how many people comprise his O.R. group.

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

As the banking sector gradually rebounds from the global recession, many bank executives and boards are focused on incorporating the painful lessons learned during the past three years into their business operations.

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MIT professor predicts banner year for Red Sox

  MIT professor predicts banner year for Red Sox

After a productive winter in which Boston acquired All-Stars Adrian Gonzalez and Carl Crawford, Red Sox baseball fans eagerly awaited Opening Day at Fenway Park. Dimitris Bertsimas, a professor of operations research at MIT’s Sloan School of Management, gives fans another reason to cheer…

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Gartner: Data warehousing approaching significant inflection point

2011 will be the year when data warehousing reaches what could well be its most significant inflection point since its inception, according to Gartner Inc.

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Street smarts: IBM researching personalized travel routes for commuters

At a recent “smarter transportation” event in Washington, D.C., IBM announced a new research initiative to build personalized travel routes for commuters to avoid traffic gridlock. IBM researchers are using advanced analytics to develop adaptive traffic systems that will intuitively learn traveler patterns and behavior to provide more dynamic travel safety and route information to travelers than is available today.

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March’s Mad(ness) Scientists

  March’s Mad(ness) Scientists

The 2011 NCAA Men’s Basketball Championships, a three-week office pool party better known as “March Madness,” tips off March 15-16 with the “First Four” play-in games and concludes April 2 and 4 with the “Final Four” and the crowning of the national champion.

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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 →

UPCOMING ANALYTICS EVENTS

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

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