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Analytics Magazine

Tag "big data"

How math education can catch up to the 21st century

    How math education can catch up to the 21st century

Big data analytics is increasingly becoming a trending practice that society is adopting, and Daniel Kunin, a scholar at Stanford University and the creator of the online platform, Seeing Theory, is using creative and innovative ways to teach statistics and probability relevant to a changing world. In a recent interview with CMRubinWorld, Kunin discusses math education today and how he believes it can be improved in order to both foster curiosity and be more relevant now and going forward.

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Eyes on the road: How automated analytics, not dashboards, help you detect significant business incidents

Car dashboards are simple visual indicators of a complex machine with many parts that performs a high-stakes task in a context of many overlapping, conflicting rules and goals: personal convenience, safety, minimum travel time, courtesy to other drivers and so on. The speedometer, perhaps one of the most important indicators, serves one key purpose: to show how fast you’re going, mainly so you avoid getting a ticket. Often the biggest indicator on the display, its job is not to teach the physics of motion or of many-body collisions (although if you stare only at the speedometer, you will certainly gain firsthand experience in the latter), but to give you just enough information to remain compliant with one of the main rules of the road.

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AIMMS sponsors first Dutch Data Science Awards

The winners of the first edition of the Dutch Data Science Awards, recently announced in Haarlem, included Quantib, data visualization expert Stef van den Elzen, AgroEnergy and CQM. AIMMS and AIMMS implementation partner ORTEC sponsored the awards along with EY, Lubbers De Jong, Microsoft and Motivaction. 

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Workshop: Essential skills that make an impact

    Workshop: Essential skills that make an impact

INFORMS’ “Essential Practice Skills for High-Impact Analytics Projects” workshop explores the concept of “structured problem-solving” and provides participants with practical frameworks to go from issue to action. It’s one of the many essential skills available at the two-day workshop to be held June 20-21 from 8:30 a.m-4:30 p.m. each day at the Goizueta Business School, Emory University, in Atlanta.

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Five essential pillars of big data GDPR compliance

Less than a year from now, on May 25, 2018, the General Data Protection Regulation (GDPR) will come into effect in the European Union. GDPR represents a significant change in how data will be handled around the world.

In the United States, the 2017 GDPR Preparedness Pulse Survey conducted by PricewaterhouseCoopers polled C-suite executives from large American multinationals and showed that U.S. companies are overwhelmingly aware of, and concerned with, GDPR regulations.

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Optimization Direct creates new algorithm for massive MIP models

With bigger and more global data sets, customers are presenting increasingly large and complex models to optimize. With these massive models, established optimization technology generally fails in that it can either find no solution at all or solutions that take too long to find or are too poor to have any value. ODHeuristics, a new algorithm created by Optimization Direct, is designed to run on modern multiprocessor machines.

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Lessons learned from a decade of B2B eCommerce

    Lessons learned from a decade of B2B eCommerce

For mid-size manufacturers and distributors, and many other B2B (business-to-business) organizations for that matter, eCommerce has become a major challenge for the operation. Despite the early promise of added sales and increased efficiencies, these companies are often experiencing what can only be described as a failure to meet the initial goals and objectives of the eCommerce system itself.

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Data Analysis & Modeling Tools: Leveraging big data for better business decisions

    Data Analysis & Modeling Tools: Leveraging big data for better business decisions

Working with big data is fast becoming a key step in the process of scientific discovery and engineering. This is happening as technologies such as smart sensors and the Internet of Things (IoT) are enabling vast amounts of detailed data to be collected from scientific instruments, manufacturing systems, connected cars, aircraft and other systems.

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Executive Edge: Hungry for data, thirsty for time

Organizations of all sizes and types are awash in data possibilities, yet most of them cannot capitalize on the potential for a variety of reasons. The good news, however, is that with the right decisions and focus, these possibilities can turn quickly into realized opportunities.

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ANALYZE THIS! Problem-solving: Keep it real with gemba

Some years ago, I got a call from “Frank,” a finance director at a start-up company with a cloud-based software solution. Its platform was hosted by one of the large public cloud providers, and that was why he was calling. “The bills for hosting have been outrageous,” said Frank, who had called me based on a strong referral from a former consulting colleague.

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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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