INFORMS Annual Meeting
Winter Simulation Conference
International Conference on Operations Research, Business Analytics and Optimization
JMP Discovery Summit 2014
Cary, N.C. (SAS World Headquarters)
Predictive Analytics World
SAS Analytics 2014
Reporting & Analytics 2014 INTERACTIVE
Sponsored by SAP
Analytics Section of INFORMS NewsINFORMS Midwest Practice of Analytics Conference
The second annual INFORMS Midwest Practice of Analytics Conference, a half-day event for industry professionals in the field of analytics, will be held Sept. 4 at the University of Chicago’s Gleacher Center in downtown Chicago.Read More
CAP NewsCIO Magazine: INFORMS’ CAP program ‘pays off’
INFORMS’ Certified Analytics Professional (CAP®) program was recently listed first by CIO magazine among the “11 Big Data Certifications That Will Pay Off.” The largest society in the world for professionals in the fields of analytics, operations research and management science, INFORMS’ CAP exam is given at hundreds of computer-based testing centers worldwide through an agreement with Kryterion (a full-service provider of customizable assessment and certification products and services).Read More
Analytics Section of INFORMS NewsAnalytics at the Barcelona IFORS Conference
The 20th Conference of the International Federation of Operational Research Societies was held in Barcelona, Spain from July 13-18. Held once every three years, this conference brings together approximately 3,300 operations research (O.R.) academics and practitioners from all over the world. This particular IFORS conference was notable for several reasons – one obvious virtue was a venue within sight of the Mediterranean and close to every artistic, cultural and culinary delight that Barcelona has to offer.Read More
Gartner: Nearly one-third of organizations to use cloud
Nearly one-third of organizations either already use or plan to use cloud or software-as-a-service (SaaS) offerings to augment their core business intelligence (BI) functions, according to Gartner, Inc.
According to a survey of 1,364 IT managers and business users of BI platforms in the fourth quarter of 2011, only 17 percent of organizations have replaced or plan to replace parts of their core BI functions with cloud/SaaS offerings. However, 27 percent already use or plan to use cloud/SaaS options to augment their BI capabilities for specific lines of business or subject areas in the next 12 months.
“Business users are often frustrated by the deployment cycles, costs, complicated upgrade processes and IT infrastructures demanded by on-premises BI solutions,” says James Richardson, research director at Gartner. “SaaS- and cloud-based BI is perceived as offering a quicker, potentially lower-cost and easier-to-deploy alternative, though this has yet to be proven. It’s evident that, despite growing interest, the market is confused about what cloud/SaaS BI and analytics are and what they can deliver.”
Gartner has identified three major drivers for the adoption of cloud/SaaS offerings for BI, analytics and performance management:
Time to value: The use of SaaS BI may lead to faster deployment, insight and value, particularly where IT is constrained by existing work and/or limited budget so that it cannot respond to demands for information and analysis as quickly as the business requires.
Cost concerns: The cost dynamic differs between on-premises and SaaS models. Software purchased as a service can usually be expensed, rather than capitalized, on the balance sheet. Buyers often think that SaaS is cheaper, but the reality is that this is unproven. Gartner's cost models show SaaS can be cheaper over the first five years, but not thereafter. The long-term benefits lie elsewhere – in terms of cash flow, reduced IT support costs, etc.
Lack of available expertise: SaaS analytic applications offer prebuilt intellectual property that can help firms work around a lack of the skills needed to build their own analytic solutions.