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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

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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