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News

Worldwide BI, analytics, PM software market tops $10 billion

Worldwide business intelligence (BI) platform, analytic applications and performance management (PM) software revenue reached $10.5 billion in 2010, a 13.4 percent increase from 2009 revenue of $9.3 billion, according to Gartner, Inc.

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INFORMS launches Section on Analytics

As part of its outreach to the greater analytics community, the Institute for Operations Research and the Management Sciences (INFORMS) announced the establishment of a new Section on Analytics.

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Analyze This!: Let’s get this analytics party hopping

In my ongoing quest to figure out what’s going on in the world of analytics, I’ve recently been to the Predictive Analytics World (PAW) conference and the INFORMS Business Analytics and Operations Research conference in Chicago. I have seen dozens of presentations, heard scores of panel discussions and had a million or so conversations. In no particular order, here are some of my impressions.

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ADVIZOR brings BI, data analysis to the masses

ADVIZOR Solutions announced a new line of product offerings focused on individual data analysis.

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Lawson introduces Lawson Analytics for healthcare

Lawson Software has introduced Lawson Analytics for Healthcare, a new analytic solution that will offer healthcare organizations a simple way to connect staffing, clinical and financial information for better decision making. Lawson Analytics for Healthcare is designed to help deliver the benefits of a major business intelligence project at a fraction of the cost and time.

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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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Headlines

Using machine learning and optimization to improve refugee integration

Andrew C. Trapp, a professor at the Foisie Business School at Worcester Polytechnic Institute (WPI), received a $320,000 National Science Foundation (NSF) grant to develop a computational tool to help humanitarian aid organizations significantly improve refugees’ chances of successfully resettling and integrating into a new country. Built upon ongoing work with an international team of computer scientists and economists, the tool integrates machine learning and optimization algorithms, along with complex computation of data, to match refugees to communities where they will find appropriate resources, including employment opportunities. Read more →

Gartner releases Healthcare Supply Chain Top 25 rankings

Gartner, Inc. has released its 10th annual Healthcare Supply Chain Top 25 ranking. The rankings recognize organizations across the healthcare value chain that demonstrate leadership in improving human life at sustainable costs. “Healthcare supply chains today face a multitude of challenges: increasing cost pressures and patient expectations, as well as the need to keep up with rapid technology advancement, to name just a few,” says Stephen Meyer, senior director at Gartner. Read more →

Meet CIMON, the first AI-powered astronaut assistant

CIMON, the world’s first artificial intelligence-enabled astronaut assistant, made its debut aboard the International Space Station. The ISS’s newest crew member, developed and built in Germany, was called into action on Nov. 15 with the command, “Wake up, CIMON!,” by German ESA astronaut Alexander Gerst, who has been living and working on the ISS since June 8. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

INFORMS Computing Society Conference
Jan. 6-8, 2019; Knoxville, Tenn.

INFORMS Conference on Business Analytics & Operations Research
April 14-16, 2019; Austin, Texas

INFORMS International Conference
June 9-12, 2019; Cancun, Mexico

INFORMS Marketing Science Conference
June 20-22; Rome, Italy

INFORMS Applied Probability Conference
July 2-4, 2019; Brisbane, Australia

INFORMS Healthcare Conference
July 27-29, 2019; Boston, Mass.

2019 INFORMS Annual Meeting
Oct. 20-23, 2019; Seattle, Wash.

Winter Simulation Conference
Dec. 8-11, 2019: National Harbor, Md.

OTHER EVENTS

Advancing the Analytics-Driven Organization
Jan. 28–31, 2019, 1 p.m.– 5 p.m. (live online)

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