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“We are making fact-based decisions in less time with more accuracy and less emotion. It took an edict from the top to make it happen, and we had to learn that being directionally correct is good enough and to accept the ‘80/20 rule’ for completeness of information.”
- Kathy Chou, vice president, Sales Strategy & Operations, Hewlett-Packard.
May 22-23
Data Science Summit 2012
Las Vegas
June 12-13
8th Annual The Text Analytics Summit
Boston
June 25-26
Predictive Analytics World June 2012 for Business
Chicago
June 24-27, 2012
INFORMS International Meeting Beijing 2012
Beijing, China
Sept. 17-18
Predictive Analytics World for Government
Washington, DC
(Recent books of general interest to the analytics community.)
Final Jeopardy: Man vs. Machine and the Quest to Know Everything By Stephen Baker
Author Stephen Baker, who examined the analytical, data-driven, behind-the-scenes side of corporate decision-making in his 2008 book “The Numerati,” continues his exploration of the melding of man and computer in the never-ending search for more knowledge in his latest book, “Final Jeopardy: Man vs. Machine and the Quest to Know Everything.”
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Industry NewsLavastorm Analytics launches free software for business analysts
On May 16, Lavastorm Analytics announced the availability of Lavastorm Desktop Public, a free edition of the company's award-winning Lavastorm Desktop analytic software. Unrestricted availability of Lavastorm Desktop Public puts discovery-driven, audit analytic capabilities at the fingertips of any business analyst, data professional and IT worker in the world.
Read More -
Special ArticlesIU Kelley School and Indian Institute of Management-Lucknow announce business analytics program
As a result of a partnership between Indiana University's Kelley School of Business and the Indian Institute of Management-Lucknow, two selective, graduate-level, yearlong certificate programs in the emerging field of business analytics and global strategy will be available to about 100 students.
Read More -
Special ArticlesBig Data and Analytics featured at Sensors Expo & Conference
he explosion of digital data created by mobile sensors, social media, surveillance, medical imaging, smart grids and more, combined with new tools for analyzing it all, has increased the opportunity to generate value and insights from this big data.
Read More
Lavastorm Analytics launches free software for business analysts
On May 16, Lavastorm Analytics announced the availability of Lavastorm Desktop Public, a free edition of the company's award-winning Lavastorm Desktop analytic software. Unrestricted availability of Lavastorm Desktop Public puts discovery-driven, audit analytic capabilities at the fingertips of any business analyst, data professional and IT worker in the world. Read more
16 May 2012 Industry News
IU Kelley School and Indian Institute of Management-Lucknow announce business analytics program
As a result of a partnership between Indiana University's Kelley School of Business and the Indian Institute of Management-Lucknow, two selective, graduate-level, yearlong certificate programs in the emerging field of business analytics and global strategy will be available to about 100 students. Read more
14 May 2012 Special Articles
Big Data and Analytics featured at Sensors Expo & Conference
he explosion of digital data created by mobile sensors, social media, surveillance, medical imaging, smart grids and more, combined with new tools for analyzing it all, has increased the opportunity to generate value and insights from this big data. Read more
09 May 2012 Special Articles
Predictive Analytics product for workers' compensation introduced
Property and casualty insurance predictive analytics provider Valen Technologies recently announced a new customer engagement with CompWest Insurance Company. Read more
07 May 2012 Industry News
IBM to buy analytics-software maker Tealeaf
International Business Machines Corp. agreed to acquire analytics-software provider Tealeaf Technology Inc., continuing the expansion of its Smarter Commerce initiative. Read more
04 May 2012 Industry News
Creator of SYSTAT introduces ‘next-generation’ analytic software
Advise Analytics Inc., a Chicago-based scientific software company, launched a new expert system for statistics called AdviseStat. AdviseStat is an intelligent analytics advisor. Unlike most statistics software that rely on the user’s expertise to analyze data correctly, AdviseStat decides on the user’s behalf how best to analyze the data it’s given. Read more
01 May 2012 Industry News
IBM advances Big Data Analytics with acquisition of Vivisimo
IBM announced this week a definitive agreement to acquire Vivisimo, a leading provider of federated discovery and navigation software that helps organizations access and analyze big data across the enterprise. Read more
30 Apr 2012 Industry News
Leading MS research center uses analytics to improve patient care
Researchers from The State University of New York (SUNY) at Buffalo are using IBM analytics technology to study more than 2,000 genetic and environmental factors that may contribute to multiple sclerosis (MS) symptoms. As part of the initiative, researchers will tap into IBM's analytics technology to develop algorithms for big data containing genomic datasets to uncover critical factors that speed up disease progression in MS patients. Read more
30 Apr 2012 Special Articles
INFORMS salutes analytics achievement
While the Edelman topped the list of award presentations at the awards gala held in conjunction with 2012 INFORMS Conference on Business Analytics & Operations Research, the Institute handed out several other coveted prizes during the event in recognition of outstanding analytical work. Read more
25 Apr 2012 Special Articles
NYU Stern announces new Masters in Business Analytics
New York University Stern School of Business has announced a new Master of Science in Business Analytics that will be offered in Shanghai and at the School's Washington Square campus beginning May 2013. Read more
24 Apr 2012 Special Articles
Revenue Analytics announces winners of 8th Annual Revenue Optimization Challenge
Revenue Analytics announced the winners of the 8th Annual Revenue Analytics Revenue Optimization Challenge at The Georgia Institute of Technology in Atlanta. Read more
24 Apr 2012 Special Articles
TNT Express wins 2012 Edelman Award from INFORMS
TNT Express, headquartered in Hoofddorp, Netherlands, won the 2012 Franz Edelman Award for Achievement in Operations Research and the Management Sciences. TNT Express used operations research to modernize its operations, resulting in more than 200 million euros in savings while simultaneously reducing the company’s carbon footprint. Read more
18 Apr 2012 Special Articles
Health plans invest in trigger-based communications with focus on health and wellness
More than 50 percent of health plans will invest in trigger-based communications to prompt consumers to take action, according to a new IDC Health Insights research study commissioned by Pitney Bowes Software, a global leader in customer data, analytics and communications management. Trigger-based communications use data analytics to detect a consumer's current status and automatically initiate relevant communications to inspire consumer action. Read more
16 Apr 2012 Special Articles
New FICO solution accelerates ROI for insurance analytics
FICO, provider of analytics and decision management technology, recently launched a new solution aimed at improving the ROI for predictive models used in insurance. Read more
11 Apr 2012 Special Articles
Research illustrates salaries for analysts across the U.S.
The Digital Analytics Association (DAA), formerly known as the Web Analytics Association (WAA), released an infographic that provides a breakdown of digital analytics professionals' salaries across the United States. In the midst of a recession, the starting salary for a digital analyst across key geographic locations is $60,800. Read more
06 Apr 2012 Special Articles
Math can help Olympic champ run faster
Olympic sprint champion Usain Bolt can achieve faster running times with no extra effort on his part or improvement to his fitness, according to a study recently published in Significance, the magazine of the Royal Statistical Society and the American Statistical Association. Read more
04 Apr 2012 Special Articles
Making the grid smarter with analytics
With more demands on the energy grid than ever before, the 2012 Grid Analytics Report from the Utility Analytics Institute, a division of Energy Central, provides meaningful intelligence to help utility industry executives manage distribution, optimize management of assets and drive innovation. Read more
29 Mar 2012 Special Articles
IBM aims analytics at vital business issues
IBM recently announced new consulting services and software that take the power of predictive analytics to new levels of impact for the highest-priority issues of C-suite decision-makers. The new analytic offerings address the emerging opportunities of big data to manage financial operations, decrease fraud and nurture next-generation customer relationships. Read more
29 Mar 2012 Special Articles
Aberdeen publishes series of new research reports
Aberdeen Group recently announced the publication of new research reports from its Business Intelligence, Global Supply Management, Collaboration and Integrated Communications and Enterprise Data Management research practices. Read more
29 Mar 2012 Special Articles
Learning and analytics discussed in business briefing by SuccessFactors
SuccessFactors, a SAP company and Business Execution software provider, recently released a briefing that explores the relationship between learning and analytics, how it is often misunderstood, and how it can be effectively utilized to successfully deliver the business strategy. Read more
26 Mar 2012 Special Articles
Personal cloud to replace personal computer
The reign of the personal computer as the sole corporate access device is coming to a close, and by 2014, the personal cloud will replace the personal computer at the center of users’ digital lives, according to Gartner, Inc. Read more
21 Mar 2012 Special Articles
Adobe adds cross-visit analytics to Digital Marketing Suite
Adobe Systems Incorporated has unveiled the addition of cross-visit analytics and other cutting-edge capabilities to Adobe® Discover, an advanced analytics and segmentation solution within the Adobe Digital Marketing Suite. Read more
19 Mar 2012 Industry News
FICO, FBI team up to curb bank robberies
FICO, a leading provider of analytics and decision management technology, recently announced that its Fraud Alert Forum website will host the Federal Bureau of Investigation’s confidential discussions on bank robbery investigations, as part of the FBI’s Bandit Shield initiative. Read more
13 Mar 2012 Special Articles
Mathematical method to March Madness
The 2012 NCAA Men’s Basketball Championships, a three-week office pool party better known as “March Madness,” tips off March 13-14 with the “First Four” play-in games and concludes March 31 and April 2 with the “Final Four” and the crowning of the national champion. Read more
13 Mar 2012 Special Articles
IDC forecasts big growth for Big Data
International Data Corporation (IDC) recently released a worldwide Big Data technology and services forecast showing the market is expected to grow from $3.2 billion in 2010 to $16.9 billion in 2015. This represents a compound annual growth rate (CAGR) of 40 percent or about seven times that of the overall information and communications technology (ICT) market. Read more
12 Mar 2012 Special Articles
Five business process management pitfalls to avoid
Wharton Interactive Media Initiative broadens focus to customer analytics
SAS unveils potent weapon in war on money laundering
Beyond Moneyball: The future of sports analytics
Predictive analytics used to predict and prevent workplace injuries
Statistical model unlocks barriers to fingerprint evidence
Counter-intuitive idea counters traffic gridlock
Dow Jones introduces news analytics to institutional trading community
GEHA selects FICO Analytic Solution to intensify fight against insurance fraud, waste and abuse
Pilot Flying J uses predictive analytics to optimize business operations
Twitter Analytics expected to be massive boost to brands
IBM to help Rochester Police Department fight crime
Gartner: Nearly one-third of organizations to use cloud
Update: Analytics Section of INFORMS
IBM brings the power of analytics to social business
SAS achieves double-digit growth built on high demand for business analytics
Report: Interest in advanced analytics continues to rise
FICO: Counterfeit card fraud falls in Europe
Cubs, Bloomberg Sports team up on analytic player evaluation system
INFORMS Conference on Business Analytics and O.R.
Business users taking charge of BI
Northwestern, IBM collaborate on business analytics courses
In search of predictable legal budgets
SAS Analytics to help IRS identify tax evaders, reduce fraud
2012 predictions: banner year for big data, healthcare analytics
Sirius XM Radio turns up marketing volume with SAS Analytics
UPS uses @RISK for sustainability
Corporate culture key to success with analytics
Predictive policing aims to stop crime before it happens
FICO analytic solution helps banks ensure compliance
2012 Innovation in Analytics Award
Accel Partners launches $100 million ‘Big Data Fund’
Gartner’s top-10 strategic technologies for 2012
IBM’s Watson-like technology helps improve patient care, reduce costs
University of Missouri receives grant to develop statistical models for U.S. Census Bureau’s ACS
IBM Business Analytics Helps Improve Customer Retention
SAS High-Performance Analytics: Big data answers in minutes, not hours
IDC names 2011 Innovative Business Analytics Companies Under $100M to Watch
Strategic data management yields competitive advantage
The value of business analytics
Remsoft names vice president of forestry
Corporate Mobile Software-as-a-Service Forecast
Predictive analytics project delivers millions of course records for analysis
All-star line-up ready for Premier Business Leadership Series event
CoreLogic, FICO to develop new credit risk scoring solutions
Survey: SMBs still struggle to access, understand data
Supply Chain Analytics becoming more and more important
CP+B picks Crimson Hexagon to power its social media analytics
Argus Insights introduces Consumer Innovation Analytics
India’s Escorts Group embraces IBM smarter computing for group-wide ERP
SAS predictive analytics rank highly in inaugural Victory Index
1010data receives Safe Harbor Certification for cloud-based big data analytics platform
FICO awarded eight patents for credit scoring, fraud detection and predictive analytics offerings
Frontline Systems enters data mining market with XLMiner Add-in for Excel
IBM and Streetline to address city parking problems through analytics
Analytics makes positive difference in recovering travel industry
Pittsburgh Pirates tap SAS Analytics
Gartner: Industrialized low-cost IT services to transform IT services market
‘Watson,’ WellPoint team up to improve patient care
StatSoft showcases targeted STATISTICA solutions for government agencies
Top 17 U.S. hospitals rely on Monarch Report Analytics from Datawatch
Cable & Wireless Communications revolutionizing business analytics with MediationZone and Cloud technology
Nationwide Building Society creates strategic risk infrastructure with FICO business rules system
Survey: Business analytics pervasive, effective on a global scale
Rutgers University offers online mini-MBA Web Analytics program
Smart grid ‘data tsunami’ drives opportunities in utility industry
IBM’s flood prediction technology simulates river systems
Beyond ‘Moneyball’: The rapidly evolving world of sports analytics, Part I
The untapped potential of time series data mining
VSS acquires Strata Decision Technology
CSC selects eMite to unify reporting silos
SocialNuggets launches social media analytics portal for tablets
GoPollGo brings polls with real-time analytics to Twitter
SAP and Google team up to Put ‘Big Data’ on the Map
Gartner identifies four imperatives for value chain transformation
Handbook of News Analytics in Finance
Congressman Issa to deliver PAW-GOV keynote
IBM launches Services Innovation Lab
Beginning with the decision in mind
Analytical evidence vs. practical belief
Localytics named winner of IBM’s SmartCamp New York
New LINDO releases offer greater speed, broader capabilities
Northrop Grumman develops predictive model aimed at Medicare fraud
Scandit launches first-of-its-kind barcode scanning analytics
INFORMS launches Analytics Section
Standardized analytical solutions
Risk management under pressure as firms refocus on profits, growth
Estimated 45 million in U.S. engage in identity ‘manipulation’
Remsoft receives industry awards
$25,000 Prize for Best DMA Predictive Model
The analytical talent gap
IBM study: Cloud computing, BI, analytics top CIO priorities
Gartner highlights ‘cool vendors’
‘Big data’ a big deal
‘Customer Insight’ Class Focuses on Analytics
INFORMS Speakers Program
Data-driven decisions anywhere, anytime
FICO awarded new patents for analytic inventions
Analyzer Mobile available for deployment of reports, dashboards
Attensity introduces text analytics solution for retail banks
YouTube founders acquire Tap11
Nexidia expands with patents for speech analytics
New approach to creating ‘big data’ insight engine
Free webinar: From B.I. to predictive analytics
UPS wins Gartner BI Excellence Award
Worldwide BI, analytics, PM software market tops $10 billion
INFORMS launches Section on Analytics
Analyze This!: Let’s get this analytics party hopping
ADVIZOR brings BI, data analysis to the masses
Lawson introduces Lawson Analytics for healthcare
Walmart acquires social media company Kosmix
GE smart grid automates electric distribution systems
SAS endorses STEM recommendations for boosting math and science outcomes
New York State recovers $83 million in tax debt with IBM technology
Midwest ISO earns Edelman honors
Capgemini, Oracle launch global business analytics service for telecommunications
Terra Technology’s transportation forecasting improves Kraft Foods efficiency
SAS Social Media Analytics takes social media marketing to the enterprise
The secret to better credit-risk management: economically calibrated models
MIT professor predicts banner year for Red Sox
Gartner: Data warehousing approaching significant inflection point
Street smarts: IBM researching personalized travel routes for commuters
OpenRules 6 Gives Business Analysts More Control over Decision Models than Ever Before
Elsevier / MEDai and dbMotion Partner to Deliver Powerful Health Analytics Solutions to Payers and Providers
March's Mad(ness) Scientists
Survey: Data Miners Reflect on Their Work, Tools and Challenges
SAS Secures Technology Patent for Better Fraud Detection Performance
IBM Business Analytics Software Helps BJC Healthcare and Washington University Improve Healthcare Through Better Research
Melissa Moore Named New INFORMS Executive Director
Big data, analytics and the path from insights to value
Upcoming Analytics Conferences
Northwestern University Launches Online Master of Science in Predictive Analytics Program
INFORMS Data Mining Contest Attracts 894 Participants Representing 147 Teams from 27 Countries
FICO Patents 100th Analytic Innovation
Study Confirms Decision Management as a Key Enabler of the Intelligent Economy