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Analytics Magazine

Tag "business analytics"

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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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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See you in Las Vegas!

    See you in Las Vegas!

We hope to see many Analytics Society members in Las Vegas for the upcoming INFORMS Conference on Business Analytics & Operations Research be held April 2-4. As shared in previous communications, the Analytics Society is organizing many exciting events for the conference.

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Data science critical for success, but enterprises slow to respond

New research by Continuum Analytics finds that 96 percent of data science and analytics decision-makers agree that data science is critical to the success of their business, yet a whopping 22 percent are failing to make full use of the data available.

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Golden State Warriors, Accenture team to re-imagine fan experience

    Golden State Warriors, Accenture team to re-imagine fan experience

The Golden State Warriors, GSW Arena LLC and Accenture recently announced a multi-year partnership to reinvent the fan and community experience at Chase Center and the surrounding district. Accenture will begin its relationship with the Warriors this season at Oracle Arena in Oakland, Calif. Accenture will also be a founding partner of Chase Center, the state-of-the-art sports and entertainment complex to be built in San Francisco’s Mission Bay neighborhood, which is planned to open for the start of the 2019-20 NBA season.

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KPMG survey: Just one-third of CEOs trust their D&A

    KPMG survey: Just one-third of CEOs trust their D&A

Just one-third (33 percent) of CEOs have a high-level of trust in the accuracy of their data and analytics (D&A), a new KPMG survey has found, and 29 percent have limited trust or active distrust of their organization’s use of D&A.

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Customer Relationship Management: Cognitive computing for automating customer knowledge

If your customer relationship management (CRM) system could actually think, would Elon Musk and other AI detractors want to kill it?

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TARGIT awarded U.S. patent for business analytics technology

TARGIT, a developer of business intelligence and analytics solutions for businesses worldwide, has been awarded its seventh U.S. patent. The patented hyper-relations technology, which is at the heart of TARGIT’s Decision Suite software, enables users to navigate seamlessly from static reports to dynamic analyses with only a single click.

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MSU program introduces students to analytics using IBM Watson

Michigan State University recently announced a new master’s degree program in business analytics to help prepare students for the jobs of the future. IBM is assisting the program with its analytics software and support for experiential projects where students will apply analytics to real-world business problems. The degree includes coursework in the Broad College of Business and the Colleges of Engineering and Natural Science.

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Big Data, accelerated R&D drive growth in business analytics market

In 2011 the business analytics market extended its post-2009 recovery with another stellar performance by growing worldwide revenues 14.1 percent year over year. International Data Corporation (IDC) forecasts that it will continue to grow at a 9.8 percent compound annual growth rate (CAGR) through 2016 to reach $50.7 billion.

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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)

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.