INFORMS International Conference
Introduction to Monte Carlo and Discrete-Event Simulation
San Jose, CA
Essential Practice Skills for High-Impact Analytics Projects
CAP NewsVideo Learning Center features analytics conference highlights
If you couldn’t attend the 2016 INFORMS Conference on Analytics & Operations Research or if you were at the Orlando event but missed some presentations, the INFORMS Video Learning Center has you covered. Feel free to use the videos as teaching material or to share with others to let them know how OR/MS and analytics are helping to make a difference in the World.Read More
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Gartner, Inc. has identified seven best practices that project management offices (PMO) leaders should employ to improve the effectiveness of project, portfolio and program management and demonstrate they can support the wider organization and its strategic goals.Read More
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Watson for Cyber Security, a cloud-based version of IBM’s cognitive technology, trained on the language of security as part of a year-long research project with eight universities to greatly expand the collection of security data IBM has trained the cognitive system with. Watson is learning the nuances of security research findings and discovering patterns and evidence of hidden cyber attacks and threats that could otherwise be missed.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.