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Headlines

Gartner identifies four imperatives for value chain transformation

Organizations seeking to make the transition from supply chain to a demand-driven value network (DDVN) must look beyond traditional projects and the adoption of functional best practices, according to Gartner, Inc. Gartner analysts have identified four imperatives that supply chain leaders must address to make the change successfully.

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Handbook of News Analytics in Finance

OptiRisk, an optimization and financial analytics provider, recently announced the publication of “The Handbook of News Analytics in Finance,” the first compilation of the research from leading industry experts on the impact of news in moving the financial markets.

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Congressman Issa to deliver PAW-GOV keynote

Congressman Darrell Issa, chairman of the House Committee on Oversight and Government Reform and a long-time advocate for open government, will deliver the keynote speech at Predictive Analytics World for Government (PAW-GOV), set for Sept. 12-13 in Washington, D.C. Issa’s talk: “Fighting Waste, Fraud and Abuse with DATA.”

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IBM launches Services Innovation Lab

IBM announced the creation of the Services Innovation Lab (SIL), a new global lab that will initially comprise about 200 technology experts hand-picked from around the company. The lab will accelerate the expansion of real-time analytics and software automation in both IBM’s technology services offerings and its global services delivery capabilities.

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Beginning with the decision in mind

Gaining analytical insights to drive better enterprise decision-making is only part of an improvement initiative- it’s not enough to just do analytics. In fact, more than five other factors are involved.

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Analytical evidence vs. practical belief

While our ability to organize and analyze enterprise data grows, the ensuing organizational insights can be game-changing. Sometimes, however, these insights directly contradict gut feelings and sacred cows, putting analytics initiatives at risk of losing important executive support.

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INFORMS launches Analytics Section

  INFORMS launches Analytics Section

Continuing its expansion throughout the analytics space, the Institute for Operations Research and the Management Sciences (INFORMS) recently launched a special interest group devoted to analytics. The Analytics Section of INFORMS attracted more than 300 members during its first two months of existence, immediately making it one of the largest – and certainly the most talked about – Section in the venerable Institute that traces its roots back to World War II.

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Standardized analytical solutions

  Standardized analytical solutions

So the mainstream media have picked up on this analytics thing big time. The latest “hit” is a recent article in the New York Times that cites a recent study by the McKinsey Global Institute entitled, “Big data: the next frontier for innovation, competition, and productivity.” The McKinsey report is full of Saganesque prose (“billions and billions of dollars in savings possible as a result of harnessing the information embedded in the big data sets of today and tomorrow”), highlighting several industries and functional areas that its authors believe are ripe for large-scale application of the data, models and analyses that we all know and love.

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Risk management under pressure as firms refocus on profits, growth

Has the financial services industry reached a comfort zone, placing it in jeopardy of another crisis? Are today’s risk management practices and reporting in tune with existing risk culture and organizational expectations?

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Estimated 45 million in U.S. engage in identity ‘manipulation’

When does a little white lie become fraud? ID Analytics, Inc., a leader in consumer risk management, released results of an ID:A Labs study that found an estimated 45 million people in the United States have deliberately manipulated their identities in applications for credit, cell phone service, auto loans or other credit transactions. Looking beyond typos and name changes, this study examined deliberate and improper variations of Social Security numbers (SSNs), names and dates of birth (DOBs).

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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.


Headlines

Three keys for organizations to gain value from information

In the current information-driven society and increasingly digitalized world, Gartner, Inc. says that sentiments are shifting from the economics of tangible assets to the economics of information – “infonomics” – and other intangible assets. Infonomics is the theory, study and discipline of asserting economic significance to information. It strives to apply both economic and asset management principles and practices to the valuation, handling and deployment of information assets.  Read more →

Burtch Works study on ‘Salaries of Predictive Analytics Professionals’

According to the recently released Burtch Works study on “Salaries of Predictive Analytics Professionals 2017,” senior-level executives saw the largest increase in salaries from 2016 to 2017, and industry diversification of employment has diluted the concentration of such professionals from financial services and marketing/advertising to consulting and technology. Read more →

New study asks, ‘Is your business AI-ready?’

Despite fears that robots will replace human labor, the majority of artificial intelligence (AI) leaders (79 percent) expect their employees will work comfortably with robots by 2020, according to a new Genpact survey of C-Suite and senior executives titled, “Is Your Business AI-Ready?” Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

2017 Winter Simulation Conference (WSC 2017)
Dec. 3-6, 2017, Las Vegas

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