Updated: Tuesday 18 November 2014, 21:47

Headlines

Present a talk or poster at premier analytics conference

The 2015 INFORMS Conference on Business Analytics and O.R. seeks proposals for talks and posters. Selected presenters may register for the meeting at a discounted fee of up to 35 percent off regular rates. The prestigious conference will be held April 12-14, 2015, in Huntington Beach, Calif. Read more

Incoming INFORMS president addresses shortage of analytics professionals

Incoming INFORMS president addresses shortage of analytics professionals

Robin Keller, incoming president of INFORMS (Institute for Operations Research and the Management Sciences, publishers of Analytics magazine) authored an interesting article titled, “How we can grow analytics intelligently in the year ahead.” Published Nov. 11 in DataInformed to coincide with the INFORMS Annual Meeting in San Francisco, the article examines the expected shortage of analytics professionals from the supply side perspective (academics and business leaders). Read more

Survey: Organizations lack plan to assess ‘analytics maturity’ level

According to a new INFORMS survey of 230 business, government and academic representatives, the concept of “analytics maturity” is important or very important to their businesses (65 percent). Yet, 82 percent of those same respondents admitted they do not have a plan, model or any other mechanism in place for measuring the efficacy or maturity of their analytics best practices over time. Read more

IBM report: Most companies lack IT infrastructure strategy

More than 70 percent of companies recognize that IT infrastructure plays an important role in enabling competitive advantage or optimizing revenue and profit. However, despite this recognition, only 22 percent have a well-defined enterprise IT infrastructure strategy, according to findings released by IBM. Read more

Real estate analytics: three tips to improve corporate productivity

Major corporations across the globe are finding a surprising link to business productivity from the data generated in their real estate operations and portfolio. According to JLL experts, real estate data and analytics should be considered an essential element of how corporations make capital investment and occupancy decisions to improve their overall productivity. Read more

INFORMS aviation security expert weighs in on Ebola and airport screening

INFORMS aviation security expert weighs in on Ebola and airport screening

Sheldon Jacobson, a professor at the University of Illinois and a longstanding expert in the field of airport security and the design of aviation security systems, has taken a public stance to challenge the way airports screen for Ebola, recommending much more aggressive measures than are currently being employed worldwide. An active member of INFORMS who in August completed a two-year term as program director for Operations Research at the National Science Foundation, Jacobson explains in a recent opinion piece published in the Washington Post how airport quarantines and blood tests should be used to prevent the virus from spreading... Read more

Analytics Section of INFORMS News

Analytics Section continues to grow, hosts lively reception

The Analytics Section of INFORMS has continued to develop in 2014, both increasing the membership base and expanding its scope of activities, all of which were reviewed at a lively reception and business meeting at the 2014 INFORMS Annual Conference in San Francisco earlier this month. Read more

Student Analytical Scholar Case Study Competition

INFORMS will once again offer the SAS/INFORMS Analytics Section Student Analytical Scholar Competition, a scholarship program that will send the winning recipient to the 2015 INFORMS Conference on Business Analytics and Operations Research. Supported by SAS and sponsored by the Analytics Section of INFORMS, the competitive program will recognize one outstanding student who would like to learn more about the practice of analytics at the conference in Huntington Beach, Calif., on April 12-14, 2015. The scholarship covers the cost of attending the event and additional networking opportunities. Read more

INFORMS Initiatives

INFORMS offers free CAP Webinar Training Series

Do you have what it takes to become a Certified Analytics Professional (CAP®)? Join INFORMS for its free CAP Webinar Training Series and find out! Read more

INFORMS launches Analytics Maturity Model

The INFORMS Analytics Maturity Model celebrated its official launch during the recent INFORMS Annual Meeting in San Francisco with a provocative survey of analytics professionals showing that a large number of companies welcome analytics maturity but a much smaller percentage actually take the steps to achieve it. Read more

Webinar series preps candidates for CAP exam

The question asked most often about the INFORMS (Institute for Operations Research and Management Science) Certified Analytics Professional (CAP®) program is: “How do I prepare for the exam?” To help people prepare and allay their fears of an unknown exam, the CAP program volunteers and staff have written and published a Candidate Handbook with sample questions, a CAP Study Guide that outlines topics for each domain and an introductory webinar. Read more

Industry News

AnyLogic relocates to Chicago

AnyLogic North America, LLC, a simulation modeling software and services company, has moved its North American headquarters from Lisle, Ill., to Chicago. The new address is 20 N. Wacker Dr., Suite 2044, Chicago, IL 60606, inside the historic, newly renovated Civic Opera Building. Read more

What’s New in Frontline Solvers V2014-R2

Frontline Solvers recently introduced Version 2014-R2 of Frontline Solvers for Excel, including a new release of its “super product,” Analytic Solver Platform. The biggest news in the release is the introduction of XLMiner Platform, a completely rewritten and far more powerful data-mining tool and its subset XLMiner Pro (still more powerful than the former XLMiner Professional). Read more

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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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Quotable


Eric A. King“Big data enthusiasts are finding that the more data they collect, the harder it becomes to understand just what the data is telling them. And most practitioners are surprised to learn how little data is required to build a highly effective goal-driven model.”

– Eric A. King, president and founder of The Modeling Agency, LLC, in his article on goal-driven analytics in the November/December issue of Analytics.

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