Sexy job, sense of humor, slogan
By Peter Horner
They already have the sexiest job of the 21st century according to a Harvard Business Review article by Tom Davenport and D.J. Patil. Now, it turns out, data scientists also have a great sense of humor. Who knew?
The Institute for Operations Research and the Management Sciences (INFORMS) will hold exams for its Certified Analytics Professional program according to the following schedule:
April 29, 2014
MORS Educational & Professional Colloquium (EPD)
Virginia Military Institute
May 17, 2014
May 22, 2014
University of Cincinnati
Lindner College of Business
Carleton Room, Ottawa Marriott
(in conjunction with CORS Annual Meeting)
Ottawa, Ontario, Canada
June 21, 2014
INFORMS Conference on The Business of Big Data
San Jose Marriott
San Jose, Calif.
To apply, click on https://www.informs.org/Certification-Continuing-Ed/Analytics-Certification/Apply-for-Certification
For more information, click on https://www.informs.org/Certification-Continuing-Ed/Analytics-Certification
June 22-24, 2014
2014 INFORMS Conference on the Business of Big Data
San Jose, CA
Analytics Section of INFORMS NewsAnalytics Section welcomes new members from SPRIG
At the close of 2013, the officers of the INFORMS Analytics Section and the Spreadsheet Productivity Research Interest Group (SPRIG) agreed that SPRIG would merge into the Analytics Section. SPRIG’s officers evaluated membership trends and activities, and came to a difficult conclusion that the group was not likely to be viable in its current form. They approached the Analytics Section, which welcomed any and all SPRIG members.Read More
Analytics Section of INFORMS NewsIBM, UNICEF team up to win Innovative Applications Award
For members of the INFORMS Analytics Section, one of the many highlights of the recent INFORMS Conference on Business Analytics and Operations Research were the excellent presentations by the finalists in the Third Annual Innovative Applications in Analytics Award competition.Read More
Special ArticlesINFORMS conference to focus on the business of big data
The Institute for Operations Research and the Management Sciences (INFORMS, publishers of Analytics magazine) is launching a new topical conference that will put the focus squarely on the business of big data – how organizations can transition from being data-rich to decision-smart. The INFORMS Big Data Conference will be held June 22-24 at the San Jose Convention Center in San Jose, Calif.Read More
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.
“The Big Data market is expanding rapidly as large IT companies and startups vie for customers and market share,” says Dan Vesset, program vice president, Business Analytics Solutions at IDC. “For technology buyers, opportunities exist to use Big Data technology to improve operational efficiency and to drive innovation. Use cases are already present across industries and geographic regions.
“There are also Big Data opportunities for both large IT vendors and start-ups,” Vesset continues. “Major IT vendors are offering both database solutions and configurations supporting Big Data by evolving their own products as well as by acquisition. At the same time, more than half a billion dollars in venture capital has been invested in new Big Data technology.”
Additional findings from IDC's study include the following:
• While the five-year CAGR for the worldwide market is expected to be nearly 40 percent, the growth of individual segments varies from 27.3 percent for servers and 34.2 percent for software to 61.4 percent for storage.
• The growth in appliances, cloud and outsourcing deals for Big Data technology will likely mean that over time end-users will pay increasingly less attention to technology capabilities and will focus instead on the business value arguments. System performance, availability, security and manageability will all matter greatly. However, how they are achieved will be less of a point for differentiation among vendors.
• Today there is a shortage of trained Big Data technology experts, in addition to a shortage of analytics experts. This labor supply constraint will act as an inhibitor of adoption and use of Big Data technologies, and it will also encourage vendors to deliver Big Data technologies as cloud-based solutions.
The study, Worldwide Big Data Technology and Services 2012-2015 Forecast (IDC #233485) examines the Big Data technology and services market for 2010–2015. IDC defines Big Data technologies as a new generation of technologies and architectures designed to extract value economically from very large volumes of a wide variety of data by enabling high-velocity capture, discovery, and/or analysis. Further, the study segments the Big Data market into server, storage, networking, software and services segments.