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Analytics Magazine

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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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$25,000 Prize for Best DMA Predictive Model

The Wharton Customer Analytics Initiative (WCAI), a research center at The Wharton School of the University of Pennsylvania, is partnering with Hearst Magazines and the Direct Marketing Association’s Analytics Council on the second annual Hearst Challenge.

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The analytical talent gap

As the demand for talented analysts outpaces availability in the job market, leaders consider how they can leverage skills from other functional areas to meet their immediate needs.

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IBM study: Cloud computing, BI, analytics top CIO priorities

  IBM study: Cloud computing, BI, analytics top CIO priorities

A new IBM study of more than 3,000 global CIOs shows that 60 percent of organizations are ready to embrace cloud computing over the next five years as a means of growing their businesses and achieving competitive advantage. The figure nearly doubles the number of CIOs who said they would utilize cloud in IBM’s 2009 CIO study, and is one of dozens of new insights and trends learned from CIOs worldwide in businesses of all sizes.

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Gartner highlights ‘cool vendors’

Delivering and consuming services to improve business outcomes is the new driver of “coolness” for the 2011 Cool Vendors research series, according to Gartner, Inc. Innovative technologies, the ongoing consumerization of IT, and cloud computing also continue to characterize vendor coolness.

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‘Big data’ a big deal

Analyzing large data sets – so called big data – will become a key basis of competition, underpinning new waves of productivity growth, innovation and consumer surplus as long as the right policies and enablers are in place.

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‘Customer Insight’ Class Focuses on Analytics

The U.S. Bureau of Labor Statistics predicts that there will be a 24 percent increase in demand for professionals with management analysis skills over the next eight years. Helping to fuel this increase is the rising use of business analytics by companies in their efforts to learn more about their customers, including buying habits and preferences.

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INFORMS Speakers Program

As executives, managers, researchers and practitioners in the highly dynamic arena of analytics, you know how valuable your time is. Learning from other experts about the most challenging and topical issues of today and how analytics can advance your organization is a way to acquire state-of-the-art knowledge and to gain a competitive advantage. INFORMS has a program to conveniently help you do just that.

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UPS wins Gartner BI Excellence Award

UPS was awarded the 2011 Gartner Business Intelligence (BI) Excellence Award following a presentation and subsequent vote of more than a thousand delegates at the Gartner Business Intelligence Summit held May 2-4 in Los Angeles. Jack Levis, director of process management at UPS, made the presentation and accepted the award on behalf of the package delivery and logistics behemoth headquartered in Sandy Springs, Ga.

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Headlines

Artificial intelligence a game changer for personal devices

Emotion artificial intelligence (AI) systems are becoming so sophisticated that Gartner, Inc. predicts that by 2022, personal devices will know more about an individual’s emotional state than his or her own family. AI is generating multiple disruptive forces that are reshaping the way we interact with personal technologies. Read more →

FICO predicts AI and blockchain will meet in 2018

Scott Zoldi, chief analytics officer at FICO, in his AI predictions for 2018, predicts the rise of “defensive AI” and manipulative chatbots. Blockchain will use AI to search through relationship data, Zoldi says, and defensive AI will be used to protect systems from malicious AI and machine learning. Adds Zoldi: Chatbots will get so good at understanding us they will learn how to manipulate us. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

2018 INFORMS Conference on Business Analytics and Operations Research
April 15-17, 2018, Baltimore

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