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Business users taking charge of BI

Traditional BI solutions delivered the same thing for years: static monitoring reports that addressed only a fixed set of predetermined questions. But suddenly there’s a radical shift shaking things up, and the force behind the transformation has caught many by surprise.

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Northwestern, IBM collaborate on business analytics courses

Northwestern University and IBM are collaborating on new business and technology curricula to help students gain the latest skills in business analytics. The new courses of study, Masters of Science degree programs with analytics concentrations in the McCormick School of Engineering and Applied Science and the School of Continuing Studies, will better prepare students and current professionals who are seeking new analytics skills for today’s competitive job market.

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In search of predictable legal budgets

Jeffrey Schuett, vice president and managing director for Corporate Counsel Solutions at LexisNexis, has a message for general counsels everywhere: “It’s no longer sufficient to be a great corporate lawyer; it’s now a job requirement to be an effective business manager who can also communicate the value of his/her legal department to the company. …”

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SAS Analytics to help IRS identify tax evaders, reduce fraud

The Internal Revenue Service will use SAS Analytics to help detect, prevent and resolve criminal and civil noncompliance with tax law. Technology from SAS, a leader in business analytics software and services, will support the agency’s new electronic Return Review Program (RRP) system.

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2012 predictions: banner year for big data, healthcare analytics

The growth of “big data analytics” will outpace all other areas of analytics in 2012 according to the International Institute of Analytics’ (IIA) annual forecast for business analytics, and the healthcare industry will see the greatest increase in the use of analytics.

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Corporate culture key to success with analytics

New research by MIT Sloan Management Review and the IBM Institute for Business Value reports that organizational challenges, more so than technology hurdles, are holding companies back from fully integrating analytics across their enterprises.

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Sirius XM Radio turns up marketing volume with SAS Analytics

After 10 years providing new-car owners boundless choices of entertainment and information, Sirius XM Radio is discovering used-car customer needs. Applying predictive analytics from SAS, the company is modeling customer behavior patterns, helping its decision-makers better tailor offers to this new market.

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UPS uses @RISK for sustainability

With more than 400,000 employees and 1.1 million shipments per day, UPS is one of the world’s largest shipping companies. UPS regularly monitors its environmental impact by measuring its greenhouse gas (GHG) emissions. Because there is significant uncertainty around GHG monitoring, UPS turned to @RISK to most accurately estimate these amounts.

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Predictive policing aims to stop crime before it happens

The Los Angeles Police Department (LAPD) is using predictive analytics to analyze data such as the times and locations of past crimes to forecast where and when certain crimes are likely to happen in the future so police can stop them before they occur.

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FICO analytic solution helps banks ensure compliance

FICO recently announced the general availability of FICO Model Central Solution – a comprehensive offering to help banks and other organizations, including insurance, retail and health care companies, maximize the power of their predictive models and meet stricter regulations for model management.

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Headlines

FCC wins 2018 INFORMS Edelman Award

The Federal Communications Commission (FCC) won the 2018 Franz Edelman Award for its use of operations research (O.R.) as part of a revolutionary approach to address the rapidly growing need for additional wireless spectrum in the United States and Canada. The prestigious award, which recognizes outstanding achievement in advanced analytics, O.R. and management science, was presented by INFORMS at the Edelman Gala held April 16 in Baltimore in conjunction with the 2018 INFORMS Conference on Business Analytics and Operations Research. Read more →

BNSF Railway receives 2018 INFORMS Prize

BNSF Railway was awarded the 2018 INFORMS Prize for its pioneering and enduring integration of operations research (O.R.) and analytics programs throughout the organization. The prize was presented at the Edelman Gala held April 16 in Baltimore in conjunction with the 2018 INFORMS Conference on Business Analytics and Operations Research. Read more →

Ethics article earns Mission Award from Notre Dame

An article co-authored by Scott Nestler and David Hunt, both longtime and active members of INFORMS, was named a winner of the Mission Award from the Mendoza College of Business at the University of Notre Dame. The article, “Using INFORMS ethics guidelines in the classroom,” appeared in the February 2017 issue of OR/MS Today (the INFORMS membership magazine). The Mission Award recognizes one or more Notre Dame faculty members for a specific research work that contributes to the common good. 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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