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Workshop: Essential skills that make an impact

  Workshop: Essential skills that make an impact

INFORMS’ “Essential Practice Skills for High-Impact Analytics Projects” workshop explores the concept of “structured problem-solving” and provides participants with practical frameworks to go from issue to action. It’s one of the many essential skills available at the two-day workshop to be held June 20-21 from 8:30 a.m-4:30 p.m. each day at the Goizueta Business School, Emory University, in Atlanta.

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

  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.

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Five essential pillars of big data GDPR compliance

Less than a year from now, on May 25, 2018, the General Data Protection Regulation (GDPR) will come into effect in the European Union. GDPR represents a significant change in how data will be handled around the world.

In the United States, the 2017 GDPR Preparedness Pulse Survey conducted by PricewaterhouseCoopers polled C-suite executives from large American multinationals and showed that U.S. companies are overwhelmingly aware of, and concerned with, GDPR regulations.

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New book provides a look into the super-secret NSA

  New book provides a look into the super-secret NSA

Tom Willemain, a software entrepreneur, statistics professor and well-known figure in the operations research community, volunteered for a year-long sabbatical tour of duty in the National Security Agency (NSA). He recounts his experience in the recently released book, “Working on the Dark Side of the Moon: Life Inside the National Security Agency,” in which he provides the first ground-level look inside the super-secret NSA and a shadowy think tank affiliated with it.

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Sweet or savory? New research on how the brain makes preference-based decisions

  Sweet or savory? New research on how the brain makes preference-based decisions

Researchers have found a direct window into the brain systems involved in making everyday decisions based on preference. 

The study, led by a team of neuroscientists at the University of Glasgow’s Institute of Neuroscience and Psychology, and recently published today in Nature Communications, offers crucial insight into the neural mechanisms underlying our decision-making process, opening up new avenues for the investigation of preference-based choices in humans.

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Appreciating our volunteers

  Appreciating our volunteers

I want to express my gratitude to all our volunteers! Without the many members who share their time and talents, we wouldn’t be able to provide valuable services to our community. These volunteers serve as judges on prize committees, run our website and LinkedIn group, mentor new members and organize meetings to name a few examples. Volunteers are the reason that our subdivision grew from a small section into one of the largest societies of INFORMS in only a few years.

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AIMMS and Wipro sign strategic global partnership agreement

AIMMS, a vendor of prescriptive analytics software, and Wipro Limited, a global information technology and consulting company, have joined forces in a strategic global partnership to help companies realize the benefits of advanced analytics with AIMMS-based applications.

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FICO survey: APAC banks to stop doing business with suppliers who fail cybersecurity audits

Banks across the Asia Pacific region will stop doing business with suppliers that fail cybersecurity audits, according to a recent poll by FICO. Three in four senior fraud managers surveyed said that they would be concerned enough to stop working with a partner, while another 16 percent said they weren’t sure if they would continue working with them. Only 8 percent of fraud managers said they would definitely continue doing business.

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Optimization Direct creates new algorithm for massive MIP models

With bigger and more global data sets, customers are presenting increasingly large and complex models to optimize. With these massive models, established optimization technology generally fails in that it can either find no solution at all or solutions that take too long to find or are too poor to have any value. ODHeuristics, a new algorithm created by Optimization Direct, is designed to run on modern multiprocessor machines.

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INFORMS Video Library showcases 2017 award finalists

Participants in the 2017 INFORMS Business Analytics Conference in Las Vegas last month had the opportunity to experience real-world case studies of a full spectrum of analytics in action, including the finalists for many of the INFORMS-sponsored awards. For those who missed the award presentations, videos of this year’s award finalists are now available at the INFORMS Video Library.

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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

What you like in a CEO candidate may not deliver results

Attributes that often get someone hired as CEO may not be the ones that drive success once they are at the helm of the company. That’s one of many provocative insights in a study by consulting firm ghSMART. The study, recently featured in Harvard Business Review, identifies characteristics that differentiate the most effective leaders. Read more →

Paying for online reviews backfires among socially influential

Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews? Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

CONFERENCES

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

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.