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Analytics Magazine

Forecasting

Software Survey: The future of forecasting
Making predictions from hard and fast data.

Using analytics to make powerful business decisions
Big data is a hot topic, but harnessing its full potential can be elusive.

The ‘Sequestetron’
Spreadsheet model helps municipalities cope with risk management, forecasting, budget uncertainties during turbulent times.

Profit Center: Forecasting and optimization
Beyond supply chain planning: the development of optimization in complex sourcing.

Utilities dust off the forecasting playbook
Smart grid data brings challenges and opportunities for power industry.

Integrating data mining and forecasting
The Dow Chemical approach to leveraging time-series data and demand sensing.

Corporate Profile: Bank of America
25 years of analytics at Bank of America

Viewpoint: Did Nate Silver beat the tortoise?
In making election forecasts for the FiveThirtyEight blog (538) at the New York Times, Nate Silver uses a statistical model that is subtle, sophisticated and comprehensive. Real Clear Politics uses a shallow approach to forecasting that could have been devised by a statistical Forrest Gump.

Forum: Time-to-event analysis
Statisticians and analytics related professionals have been conducting time-to-event analyses across myriad applications for as long as data has been collected and analyzed.

Predicting the presidential election
Will the “13 keys” once again open the door to the White House?

Corporate Profile: Walt Disney World
How analytics enhance the guest experience at Walt Disney World

Collaborative forecasting: from vision to reality
Collaborative forecasting enables companies to transition from periodic, disparate and isolated forecasting activities to a single, real-time enterprise forecasting process.

Forecasting an upward trend?
Survey of forecasting software reveals interesting trends and new developments.

Actionable Analytics
How to convert thought into action and bridge the gap between analytics creation and consumption.

Supply Chain Management: New math, big data
Across the supply chain, manufacturers and retailers are exploiting the
vital raw material of the information economy.

Value Added Analysis: Business forecasting effectiveness
Should accuracy be an organization
s biggest concern?

Executive Edge: Executive briefing on simulation in strategic forecasting
Simulation forecasts have several important advantages over single point estimates.

Risk in revenue management
Acknowledging risk’s existence and knowing how to minimize it.

The secret to better credit-risk management: economically calibrated models

Executive Edge: The interactive nature of analytics

Predictive Markets: Predicting the rise of prediction markets
Social analytic tool taps into the “wisdom of crowds.”

Software Survey: Forecasting at Steady State?
Perhaps, but ubiquitous software continues to play a crucial role in many aspects of life.

Serving the Services Industry
T
he emerging science of service management opens opportunities for business analytics.

13 Keys to the White House
Quantitative historian Allan Lichtman uses analytics to predict elections.

Profit Center: Beyond the Magic

Executive Edge: Seeing the Future in Value Chain Management
Cisco’s strategy: Bring together formerly “silo-ed” teams around a shared nucleus of governance, metrics and culture.

Advanced Analytics for Sales & Operations Planning
Effective S&OP decision-making can’t be achieved without insights from analytics.



Headlines

Fighting terrorists online: Identifying extremists before they post content

New research has found a way to identify extremists, such as those associated with the terrorist group ISIS, by monitoring their social media accounts, and can identify them even before they post threatening content. The research, “Finding Extremists in Online Social Networks,” which was recently published in the INFORMS journal Operations Research, was conducted by Tauhid Zaman of the MIT, Lt. Col. Christopher E. Marks of the U.S. Army and Jytte Klausen of Brandeis University. Read more →

Syrian conflict yields model for attrition dynamics in multilateral war

Based on their study of the Syrian Civil War that’s been raging since 2011, three researchers created a predictive model for multilateral war called the Lanchester multiduel. Unless there is a player so strong it can guarantee a win regardless of what others do, the likely outcome of multilateral war is a gradual stalemate that culminates in the mutual annihilation of all players, according to the model. Read more →

SAS, Samford University team up to generate sports analytics talent

Sports teams try to squeeze out every last bit of talent to gain a competitive advantage on the field. That’s also true in college athletic departments and professional team offices, where entire departments devoted to analyzing data hunt for sports analytics experts that can give them an edge in a game, in the stands and beyond. To create this talent, analytics company SAS will collaborate with the Samford University Center for Sports Analytics to support teaching, learning and research in all areas where analytics affects sports, including fan engagement, sponsorship, player tracking, sports medicine, sports media and operations. Read more →

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