Updated: Tuesday 21 October 2014, 02:01

Headlines

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

Kaplan elected president of INFORMS

Kaplan elected president of INFORMS

Yale School of Management Professor Edward H. Kaplan, whose pioneering work in public health and homeland security has received international recognition and numerous awards, was recently elected president of the Institute for Operations Research and the Management Sciences (INFORMS). Read more

Top 10 strategic technology trends for 2015

“Advanced, pervasive and invisible analytics” highlights Gartner’s top 10 technology trends that will be strategic for most organizations in 2015.  Gartner defines a strategic technology trend as one with the potential for significant impact on the organization in the next three years. Factors that denote significant impact include a high potential for disruption to the business, end users or IT; the need for a major investment; or the risk of being late to adopt. These technologies impact the organization’s long-term plans, programs and initiatives. Read more

IBM, Wharton School launch Chief Marketing Officer program

IBM recently announced a partnership with the Wharton School of the University of Pennsylvania to deliver a first-of-a-kind executive education program for Chief Marketing Officers (CMOs) and Chief Customer Officers (CCOs). The two-week course, titled “The CMO Advantage: Evolving Beyond the Digital Revolution,” will explore the increasing importance of the CMO in the C-Suite. The intersection of marketing and technology in today’s marketplace presents a unique opportunity for senior business leaders, such as the CMO, to drive innovation, enhance influence and deepen customer engagement. Read more

Big data infographic

Big data infographic

A team from vouchercloud.com recently took a look at data statistics and created an infographic to demonstrate just how much data is generated in the world. The graphic depicts the explosive growth rate of data over the past 24 years, from 100GB per a day back in 1992 to a whopping 28,875GB per second in 2013. This number is expected to grow to 50,000GB per second by 2018. Read more

Companies satisfied with business outcomes from big data

Some 92 percent of executives from companies that are applying big data to their businesses said they are satisfied with the results, according to new research by Accenture. Another 89 percent of respondents rated big data as “very important” or “extremely important” to their businesses’ digital transformation, and 82 percent agreed big data provides a significant source of value for their companies. Read more

Analytics Section of INFORMS News

Midwest Practice of Analytics Conference

The second annual INFORMS Midwest Practice of Analytics Conference (IMPAC) was hosted by the University of Chicago Graham School’s Master of Science in Analytics program l on Sept. 4. The conference attracted a diverse group of analytics practitioners from the private, government and academic sectors. Read more

Analytics cluster set for INFORMS Annual Meeting in S.F.

The Analytics Section of INFORMS will present the analytics cluster of sessions and presentations at the INFORMS Annual Meeting in San Francisco Nov. 9-12. The cluster encompasses 20 sessions featuring the most renowned analytics practitioners and leaders. Nine additional sessions will be jointly organized in collaboration with the Health Applications Society (HAS), CPMS (the Practice Section of INFORMS) and the Section on O.R. in Sports (SpORts). Read more

Analytics Section members save $195 on CAP exam

We know your membership in the Analytics Section of INFORMS is valuable to you. Section members are on the forefront of promoting data-driven analytics and fact-based decision making in practice. We would like to reward you for your membership and dedication to the profession. For the rest of 2014, you may apply and sit for the CAP® exam for just $300. Read more

INFORMS Initiatives

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

CAP program continues to grow

Polly Mitchell-Guthrie, vice chair of the Analytics Certification Board, has an article in the latest issue of Swiss Analytics Magazine on the Certified Analytics Professional program subtitled “How to become a modern-day journeyman.” She notes that professionalism arose through the medieval guild system, and today professional certifications such as CAP™ serve the same purpose: to establish standards, promote ethical practices and issue a credential that can be used across the industry. Read more

INFORMS continuing education courses set for San Francisco

INFORMS’ continuing education courses, designed for today’s analytics professionals, are intensive hands-on courses that provide participants with real take-away value. You will leave these courses with the skills, tools and methods that you can implement immediately in your work. INFORMS, the world’s largest organization for advanced analytics professionals, produces and disseminates data analytics and operations research information, training courses, certification and best-in-class resources for our members and the industry at large. Read more

INFORMS’ Analytics Maturity Model: What’s your score?

The INFORMS Analytics Maturity model, set for launch Nov. 10, lets you and your organization do a self-assessment that analyzes three critical organizational themes: 1. organization, 2. analytics capability, and 3. data and infrastructure. Read more

Industry News

AnyLogic Conference to tackle complex business problems

AnyLogic simulation and modeling software is utilized by globally recognized organizations to ensure better, more profitable decision-making. These organizations gather each year to showcase their accomplishments at the AnyLogic Conference. The 2014 Conference program includes GE, PwC, Intel, CSX, Symbotic, Johns Hopkins University and more, covering topics such as supply chain, logistics, healthcare, marketing, rail, distribution, warehousing and pedestrian flow. 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

DNV GL releases AIMMS-based business simulation game for energy market

DNV GL releases AIMMS-based business simulation game for energy market

DNV GL, a leading technical advisor to the global oil and gas industry, in cooperation with NV Nederlandse Gasunie and the University of Groningen, has developed a novel business simulation game that provides insights into the strategies that market players employ when introducing renewable energy sources in a liberalized energy system. Dubbed “GISEGAS,” the simulation game integrates a web-based front end user interface with a physical world simulation engine built with the AIMMS Modeling Language. Through GISEGAS, the project partners will provide students and companies in the industry with a safe simulation environment to explore different theories and gain new... Read more

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Instant Replay

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

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Quotable

Scott Stephenson“Today, taking risks and innovating go beyond investing in technology. Innovation is about investing in new ways of thinking and empowering people to challenge the status quo – whether to create a new product, find an unconventional solution or anticipate opportunities.”

—­ Scott Stephenson, president and chief executive officer of Verisk Analytics, in his “Executive Edge” column in the September/October issue of Analytics magazine.

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