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Analytics Magazine

Tag "INFORMS"

Winter Simulation Conference heading to Las Vegas

    Winter Simulation Conference heading to Las Vegas

The 2017 Winter Simulation Conference (WSC 2016) will be held Dec. 3-6 in Las Vegas at the Red Rock Resort.

WSC is celebrating 50 years. In addition to a technical program of unsurpassed scope and quality, WSC is the central meeting place for simulation practitioners, researchers and vendors working in all disciplines in industry, service, government, military and academic sectors.

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Setting ‘stretch goals’ can undermine organizational performance

    Setting ‘stretch goals’ can undermine organizational performance

While the general consensus regarding “stretch goals” is that they boost drive, innovation and improve organizational performance, new research in the INFORMS journal Organization Science shows that this is the exception and not the rule. For many organizations, stretch goals can serve to undermine performance.

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Meet the new certification manager

    Meet the new certification manager

INFORMS recently welcomed its new Certified Analytics Professional (CAP®) manager, Jan paul Miller. Miller replaces Louise Werhrle, who retired to her native Newfoundland. A Baltimore native, Miller is a credentialing professional who sees his position at INFORMS at a most opportune time. “I think the CAP and aCAP programs are on the cusp of developing great momentum. Considering that the program has submitted its ANSI application and has had a favorable onsite visit, it could not but be a harbinger of good things to come.”

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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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Appreciating our volunteers

    Appreciating our volunteers

I want to express my gratitude to all our volunteers! Without the many members who share their time and talents, we wouldn’t be able to provide valuable services to our community. These volunteers serve as judges on prize committees, run our website and LinkedIn group, mentor new members and organize meetings to name a few examples. Volunteers are the reason that our subdivision grew from a small section into one of the largest societies of INFORMS in only a few years.

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INFORMS Video Library showcases 2017 award finalists

Participants in the 2017 INFORMS Business Analytics Conference in Las Vegas last month had the opportunity to experience real-world case studies of a full spectrum of analytics in action, including the finalists for many of the INFORMS-sponsored awards. For those who missed the award presentations, videos of this year’s award finalists are now available at the INFORMS Video Library.

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Paying for online reviews backfires among socially influential

    Paying for online reviews backfires among socially influential

Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews?

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Newsmakers: Edelman Award, INFORMS Prize and other honors

Holiday Retirement won the 2017 Franz Edelman Award for Achievement in Operations Research and the Management Sciences from INFORMS for its use of operations research (O.R.) to improve the pricing model for its more than 300 senior living communities across the United States.

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Turner Broadcasting System wins 2017 IAAA

    Turner Broadcasting System wins 2017 IAAA

The Innovative Applications in Analytics Award (IAAA), sponsored by Caterpillar and the INFORMS Analytics Society, recognizes creative and unique applications of analytical techniques. As stated on the award website, the prize “promotes the awareness and value of the creative combination of analytics techniques in unusual applications to provide insights and business value.” To win the award, implementations must integrate theoretical advances and innovative applications in order to create value.

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Syngenta Crop Challenge applies analytics to solve global hunger

    Syngenta Crop Challenge applies analytics to solve global hunger

The 2017 Syngenta Crop Challenge in Analytics asked participants to use data analytics to predict which soybean seed variety – or assortment of varieties – is most likely to be chosen by farmers within a specific growing region. Since seed variety selection is one of the most important decisions farmers make each season and no two seasons are alike, data-driven models are increasingly being deployed in making seed decisions. By helping farmers increase the potential of their crop production, competitors are contributing to a solution for the growing issue of global hunger.

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


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Headlines

Study: Salaries for early career data scientists decrease for first time

Salaries for early career data scientists decreased year over year for the first time in four years as did the percentage of early career data scientists with a Ph.D. while demand for data scientists continued to increase, according to a recently released Burtch Works’ 2017 salary study of data scientists. Salaries for more experienced data scientists generally held steady or increased slightly depending on an individual’s focus area, responsibility and geographic base, according to the report. Read more →

Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

CONFERENCES

2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

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.