Updated: Wednesday 22 July 2015, 21:01

Headlines

Retailers need advanced analytics to compete in the digitalized marketplace

Retailers need advanced analytics to compete in the digitalized marketplace

Retailers will not be able to compete in the digitalized marketplace without advanced analytic capabilities, according to Gartner, Inc. Retail organizations should look to invest in advanced analytics providers that specialize in retail solutions. Read more

Study: The impact of peer influence on physicians and prescriptions

Study: The impact of peer influence on physicians and prescriptions

Peer influence among physicians can affect both trial and repeat prescription behavior of a risky new prescription drug, according to a new study published in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS). Read more

INFORMS Healthcare 2015 conference to focus on analytics

INFORMS Healthcare 2015 conference to focus on analytics

The Institute for Operations Research and the Management Sciences (INFORMS) will host its third healthcare conference with a far-reaching series of presentations about the growing importance of analytics in healthcare. INFORMS Healthcare 2015, set for July 29-31 at the Omni Nashville Hotel in Nashville, Tenn., will feature 450 talks that span academia and business, helping decision-makers better understand the value of analytics as a competitive driver in healthcare. Read more

Analytics run deep with the Jefferson Project at Lake George

Analytics run deep with the Jefferson Project at Lake George

The Jefferson Project at Lake George (New York), one of the most ambitious research projects to deploy big data and analytics technology to manage and protect a body of fresh water, is entering a new phase in which enormous amounts of data will be captured from sensors and analyzed. Scientists anticipate that insights uncovered from the data collection and discovery stage of the project will not only help manage and protect one of America’s most famous lakes, but the project will create a blueprint to preserve important lakes, rivers and other bodies of fresh water around the globe. Read more

10 things CIOs need to know about agile development

CIOs are under pressure to support fast-evolving digital business scenarios but are finding traditional project and development methods unsuitable, according to Gartner, Inc. Enterprises are increasingly turning to agile development to speed up projects and illustrate their value. Read more

Study incorporates predictability into airport ground delay programs

Study incorporates predictability into airport ground delay programs

For air traffic managers coping with delays due to adverse weather, it’s good to know early how late a flight will be. Ground delay program (GDP) decisions that recognize this are superior to those that do not, substantially reducing the cost of GDPs to flight operators. In a case study based on San Francisco International Airport, researchers reduced the cost of delays by 13 percent by incorporating predictability into the GDP. Read more

Analytics Section of INFORMS News

Caterpillar to co-sponsor 2016 Innovative Applications in Analytics Award

Caterpillar to co-sponsor 2016 Innovative Applications in Analytics Award

The Analytics Section of INFORMS announced Caterpillar Inc. as the Platinum level co-sponsor of the Section’s 2016 Innovative Applications in Analytics Award (IAAA). The prize competition promotes the awareness and value of the creative combination of analytics techniques in unusual applications to provide insights and business value. The judging committee will start accepting applications in September for the 2016 award. Read more

University of Cincinnati's Analytics Summit 2015

The Center for Business Analytics at the University of Cincinnati recently held a daylong Analytics Summit, the 4th annual learning event showcasing practical applications of analytics. Keynote speakers included John Elder and Stephen Few. Read more

Recognition for analytics competitions

At the recent INFORMS Conference on Business Analytics & Operations Research, the Analytics Section hosted a breakfast for the winners and participants in the competitions that the Section sponsors. The awards included the Innovative Applications in Analytics Award, the Student Analytical Scholar Award and the Spreadsheet Guru Competition (see below). Read more

Innovative Applications in Analytics Award

Innovative Applications in Analytics Award

The Innovative Applications in Analytics Award, inaugurated in 2012 as the Innovation in Analytics Award, recognizes creative and unique application 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. Read more

Student Analytical Scholar Award

Student Analytical Scholar Award

The Student Analytical Scholar Award competition, supported and organized by SAS, provides a case study based on a real consulting engagement along with data for students to analyze and decide how they'd tackle the problem. The student’s submission is a statement of work, where they are challenged to balance the technical veracity of their proposed solution along with all the business issues. Read more

INFORMS Initiatives

Update: Certified Analytics Professional program

Developing new test questions that keep the Certified Analytics Professional (CAP®) exam fresh is an important component of making certain CAP remains the premier global certification for analytics practitioners. The Analytics Certification Board and staff thank Innovative Decisions, Inc. (IDI) and especially Marvin Freeman, CAP, for hosting an item-writing workshop on July 18 at their headquarters building in Vienna, Va., as part of this ongoing effort. Read more

Doing Good with Good O.R. competition

Lisa Maillart and Itai Ashlagi, co-chairs of INFORMS’ 2015 Doing Good with Good O.R. student paper competition, named the following six finalists for this year’s competition: Read more

CAP exams available at selected sites and online

Join the growing list of those with “CAP®” after their names. Although the Certified Analytics Professional (CAP) designation is available through a computer-based testing format, INFORMS continues to host paper-and-pencil exams at selected sites, especially at INFORMS conferences. Read more

Industry News

Lindo’s What’sBest 13.0 offers wide range of performance enhancements

Release 13.0 of Lindo’s What’sBest! software includes a wide range of performance enhancements and new features. Read more

AIMMS featured in Gartner’s ‘Market Guide for Optimization Solutions’

AIMMS, an award-winning optimization platform, has been featured as one of seven major optimization software platforms in Gartner’s new “Market Guide for Optimization Solutions.” Read more

Frontline Solvers V2015-R2 offers Excel users access to big data, advanced analytics, data visualization and sharing on the Web

Frontline Systems is shipping a new product line release, Version 2015-R2 of its Solvers for Excel, including its flagship integrated product, Analytic Solver Platform, and its “professional entry-level” integrated product, Analytic Solver Pro. 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

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Conferences

INFORMS EVENTS

July 29-31
INFORMS Healthcare 2015
Nashville, Tenn.

Nov. 1-4
2015 INFORMS Annual Conference
Philadelphia, PA

Quotable

Scott Zoldi

"This inquisitive algorithm likes to test new actions with a component of randomness, see how the world responds, and adjust its concept of the world accordingly. ... In other words, like humans, analytics can learn more from deliberate experimentation than from just passively observing the world and can do so in controlled and sensible ways."

– Scott Zoldi, vice president of Analytic Science at FICO, in his article, "Building human curiosity into artificial intelligence," in the upcoming July/August issue of Analytics magazine. For a "web first" look at the article, click here.

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