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Walmart acquires social media company Kosmix

Wal-Mart Stores, Inc. announced it has signed a definitive agreement to acquire Kosmix, underscoring its commitment to social and mobile commerce. Kosmix, based in Mountain View, Calif., has developed a social media technology platform that filters and organizes content in social networks to connect people with real-time information that matters to them.

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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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GE smart grid automates electric distribution systems

GE Intelligent Platforms recently announced the availability of its newest solution for the electric distribution industry, Proficy Grid Manager, a targeted portfolio of proven grid optimization software technologies for local utilities.

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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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Capgemini, Oracle launch global business analytics service for telecommunications

Capgemini a provider of consulting, technology and outsourcing services, and Oracle recently announced the launch of Business Analytics for Telecommunications, strengthening Capgemini’s global Business Information Management Service Line.

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Terra Technology’s transportation forecasting improves Kraft Foods efficiency

Terra Technology announced that Kraft Foods, the world’s second largest food company, is implementing Terra’s Transportation Forecasting solution in North America.

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SAS Social Media Analytics takes social media marketing to the enterprise

Global corporations are seeking ways to convert social media data into better customer relationships, stronger customer service, enhanced marketing efforts and improved bottom-line results.

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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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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

Survey: Despite the hype, AI adoption still in early stages

The hype surrounding artificial intelligence (AI) is intense, but for most European businesses surveyed in a recent study by SAS, adoption of AI is still in the early or even planning stages. The good news is, the vast majority of organizations have begun to talk about AI, and a few have even begun to implement suitable projects. There is much optimism about the potential of AI, although fewer were confident that their organization was ready to exploit that potential. Read more →

Data professionals spend almost as much time prepping data as analyzing it

Nearly 40 percent of data professionals spend more than 20 hours per week accessing, blending and preparing data rather than performing actual analysis, according to a survey conducted by TMMData and the Digital Analytics Association. More than 800 DAA community members participated in the survey held earlier this year. The survey revealed that data access, quality and integration present persistent, interrelated roadblocks to efficient and confident analysis across industries. Read more →

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