Updated: Thursday 11 February 2016, 18:05

Headlines

Winners in digital economy place people first

Leading companies that develop a people first approach will win in today’s digital economy, according to the latest global technology trends report from Accenture. As technology advancements accelerate at an unprecedented rate – dramatically disrupting the workforce – companies that equip employees, partners and consumers with new skills can fully capitalize on innovations. Those that do will have unmatched capabilities to create fresh ideas, develop cutting-edge products and services and disrupt the status quo. Read more

Youth or experience: Which is more valuable in the boardroom?

Approximately half of the companies listed with Standard & Poor have adopted policies mandating retirement based on age. A new study from the University of Missouri has found that although these mandatory retirement polices represent an effective way to address underperforming CEOs, accumulated job experience improves performance and counters age-related declines. Read more

Worldwide BI and analytics market to reach $16.9 billion in 2016

Global revenue in the business intelligence (BI) and analytics market is forecast to reach $16.9 billion in 2016, an increase of 5.2 percent from 2015, according to the latest forecast from Gartner, Inc. The BI and analytics market is in the final stages of a multiyear shift from IT-led, system-of-record reporting to business-led, self-service analytics. As a result, the modern business intelligence and analytics (BI&A) platform has emerged to meet new organizational requirements for accessibility, agility and deeper analytical insight. Read more

IBM solution, analytics transforming Toronto Raptors’ talent evaluation

IBM solution, analytics transforming Toronto Raptors’ talent evaluation

IBM and Maple Leaf Sports and Entertainment recently introduced a first-of-its-kind solution called IBM Sports Insights Central, which is designed to transform the National Basketball Association’s (NBA) Toronto Raptors’ talent evaluation processes by reimagining data through cognitive and analytics technology. Read more

Riders in crowded subway are good targets for mobile advertising

Riders in crowded subway are good targets for mobile advertising

What does an irritable, squished rider on a crowded subway train do? According to a forthcoming study in the INFORMS journal Marketing Science, they often immerse themselves in their mobile phones to escape the crowd, and that they shop and buy more in response to mobile ads in the crowded train. Read more

‘O.R. analyst’ ranks third for women in STEM jobs

‘O.R. analyst’ ranks third for women in STEM jobs

STEM (science, technology, engineering and math) jobs are mostly dominated by men, based on data from the Bureau of Labor Statistics (BLS), but there are a few exceptions to the rule, including “operations research analysts.” A Jan. 12 article on USA Today’s “College” website ranks “operations research analysts” third among STEM jobs with the highest percentage of women employed in the field, behind only psychologists and medical and health services managers. Read more

Analytics Section of INFORMS News

Section planning many events for spring Analytics Conference

Baby, it’s (finally) cold outside, but spring will be here soon enough. With spring comes the INFORMS Analytics Conference, to be held April 10-12 at the Hyatt Regency Grand Cypress in sunny Orlando, Fla. The Analytics Section is organizing a number of exciting events for the conference. Read more

Syngenta Crop Challenge

Syngenta Crop Challenge

A new award for 2016, the Syngenta Crop Challenge addresses the need to feed an increasing world populationwith decreasing land devoted to agriculture. To improve the productivity of the agricultural land available, farmers need to make good seed variety planting decisions, taking into consideration local soil conditions and unpredictable weather patterns. Read more

INFORMS Initiatives

One stop shop for university analytics programs

You’ve seen them bursting on the scene at universities across the United States and around the world. With the increasing popularity of analytics in the business world, courses and degreed programs in business analytics, data science and all their offshoots are popping up at engineering schools, business schools and computer science departments. INFORMS will soon launch “INFORMS Analytics Education One Stop Shop,” what will arguably be the most comprehensive website about university analytics programs. Read more

Mitchell-Guthrie, Levis to lead Analytics Certification Board

Mitchell-Guthrie, Levis to lead Analytics Certification Board

Polly Mitchell-Guthrie of SAS and Jack Levis of UPS will serve as chair and vice chair, respectively, of the 2016 Analytics Certification Board (ACB) following their election by INFORMS members and CAP designees. Read more

2016 Conference on Business Analytics and O.R. set for Orlando

2016 Conference on Business Analytics and O.R. set for Orlando

Do the twists and turns of making smart business decisions by maximizing the value of your data have you feeling like you’re on an analytical rollercoaster? If so, the 2016 INFORMS Conference on Business Analytics and Operations Research, set for the Hyatt Regency Grand Cypress in Orlando, Fla., on April 10-12, is the one analytics conference you should attend. This conference consistently delivers proven applications and processes that will improve your business’s bottom line. Nearly 1,000 leading analytics professionals and industry experts are expected to come together to share ideas, network and learn about a wide range of problem-solving techniques... Read more

Industry News

Frontline Systems releases XLMiner.com platform for advanced analytics

Frontline Systems, developer of the Solver in desktop Microsoft Excel, recently released XLMiner.com, a SaaS (software as a service) platform for data mining, text mining, forecasting and predictive analytics using only a browser. XLMiner for the Web offers business analysts point-and-click tools to create predictive analytics models themselves, without being expert data scientists or programmers. Read more

AIMMS names Districon its Partner of the Year

Districon, a logistics specialty firm based in the Netherlands, has been chosen as AIMMS’ 2015 Partner of the Year. This is the start of a yearly tradition where AIMMS recognizes the success and achievements of its partners. Read more

WebbMason Marketing announces Analytics Engine service

Full service marketing provider WebbMason Marketing announced the launch of the WebbMason Advanced Analytics & Segmentation Engine, an analytics solution to streamline big data operations for marketing, strategy and operational analytics. Read more

More News >>

Instant Replay

(Selected articles that ran in previous issues of Analytics that merit a second look.)

"Consulting: 18 things nobody tells you about solo practice"
by
Doug Samuelson

Upcoming Software Survey

UPDATE 12/18/15:
OR/MS Today is about to publish its biennial Vehicle Routing Software Survey. Vendors of vehicle routing programs are encourged to submit listings of their products — absolutely free! For details on how to participate contact Sharon Baker at sharonb@lionhrtpub.com. To see the current edition of the Vehicle Routing Software Survey go to, http://www.orms-today.org/surveys/Vehicle_Routing/vrss.html.

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Quotable

Sean Martin“Big data is the principal driver of data lakes. Organizations realize the business value that collecting large quantities of data engenders; they understand that exploiting this opportunity will give them an advantage over competitors who do not.”

– Sean Martin, founder and chief technical officer of Cambridge Semantics, in his cover story on data lakes in the January/February 2016 issue of Analytics magazine.



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