2015 INFORMS Annual Conference
Special ArticlesINFORMS hosts successful healthcare conference
The 2015 INFORMS Healthcare Conference recently held in Nashville, Tenn., was a big success with 125 sessions and more than 500 talks. The conference featured a great combination of academic and practitioner speakers, along with a nice blend of healthcare and analytics professionals. Interesting thought-provoking dialogue was evident from contrasting views of healthcare professionals.Read More
Analytics Section of INFORMS NewsAnalytics Section members wearing ‘CAPs’
The Analytics Section of INFORMS salutes its members who have achieved the Certified Analytics Professional (CAP®) designation. They have measured up to the high standard of the analytics profession that INFORMS’ subject matter experts have determined must be met in order to qualify as a certified professional.Read More
Analytics Section of INFORMS News2015 Analytics Section member survey
Once again, the Analytics Section of INFORMS will be conducting a survey to get Section members’ feedback on what activities are benefiting the membership, which activities we should continue to support, and what efforts we should consider for the future. Currently, the Analytics Section provides resources or supports activities related to INFORMS conferences, regional analytics meetings, competitions, certifications and publications.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.