Analytics Magazine 2018

Posted: 8/24/2018

 

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eNews: August 23, 2018

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Double dip into the healthcare malaise

What is the top issue for voters going into the November midterm elections? It depends on who you ask, when you ask and, apparently, who is asking the question, since conditions on the ground in this volatile, hyper-partisan era seem to change every day. The economy/jobs and healthcare have taken a turn at No. 1 in one poll or another, with immigration, taxes and guns all receiving top-five love from voters at one time or another … for very different reasons.

Of course, politics – both the personal and professional variety – hang over everything like a dark cloud. Mix in a good dose of money, power and “truthiness,” and you end up with a brew so muddied you can’t tell the forest from the trees, or, in this case, the witch hunts from the witches.

It’s no surprise that the economy and healthcare are at the top of the list since both involve pocketbook issues to which everyone can relate, regardless of political persuasion. Who doesn’t want a better job, more money and a better lifestyle or affordable, comprehensible health insurance and a better, well, life? Yet healthcare, like the economy, is double-dipped in politics.

So, what’s a couple of nice, fact-based, data-driven analytics professionals toiling away in such a toxic environment supposed to do when analyzing, say, the U.S. healthcare system and all the misunderstandings, mysteries and myopia it generates inside and outside the industry? Find out in the upcoming September/October issue of Analytics magazine. For a sneak preview, keep scrolling.

Peter Horner (peter.horner@informs.org) is the editor of Analytics magazine and OR/MS Today, the membership magazine of INFORMS.

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Former INFORMS President Cook named to U.S. Census committee

Tom Cook, a former president of INFORMS, a founding partner of Decision Analytics International and a member of the National Academy of Engineering, was recently named one of five new members of the U.S. Census Bureau’s Census Scientific Advisory Committee (CSAC). The committee meets twice a year to address policy, research and technical issues relating to a full range of Census Bureau programs and activities, including census tests, policies and operations. Read more.

Beyond experimentation: six barriers to becoming a digital business

As organizations continue to embrace digital transformation, they are finding that digital business is not as simple as buying the latest technology – it requires significant changes to culture and systems. A recent Gartner, Inc. survey found that only a small number of organizations have been able to successfully scale their digital initiatives beyond the experimentation and piloting stages. Read more.

Innovation and speculation drive stock market bubble activity

A group of data scientists conducted an in-depth analysis of major innovations and stock market bubbles from 1825 through 2000 and came away with novel takeaways of their own as they found some very distinctive patterns in the occurrence of bubbles over 175 years. The study, “Two Centuries of Innovations and Stock Market Bubbles,” is published in the August issue of the INFORMS journal Marketing Science. Read more.

Report: most organizations struggle to extract value from operational data

According to a recent research report, 88 percent of business, security and IT professionals can't access the data needed to do their jobs effectively. Sponsored by Devo Technology, the report surveyed 400 business, IT and security decision-makers to examine what it means to be data-driven in the digital age and the importance of a unified approach to analyzing, storing and sharing operational data and insights. The results demonstrate the difficulties enterprises face when attempting to integrate data into their real-time security, operations and business decision-making. Read more.

 

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Regional conferences, volunteerism top
Society’s agenda

By Jack Levis

It’s hard to believe Labor Day is almost upon us. The hard work this year of our members and volunteers is paying off. We will soon see regional conferences in both Seattle and Chicago. These regional conferences not only allow our members to showcase their work before an interested audience, but the conferences provide additional opportunities for Analytics Society leaders to learn more about our profession, our members and society. Read more.

IAAA: Get recognized for your innovative analytics

IAAA-logoThe 2019 Caterpillar and INFORMS Analytics Society Innovative Applications in Analytics Award (IAAA) competition is underway. The award recognizes organizations for applications featuring novel combinations of descriptive, predictive and prescriptive analytics to achieve meaningful results. First, second and third place winners will receive prize money of $3,000, $2,000 and $1,000, respectively. Read more.

 

Analytics-July-August-2018Analytics Magazine: Sneak Preview

Analytics in healthcare, supply chain and ethics highlight the many topics covered in the upcoming September/October issue of Analytics magazine. For a sneak preview of our healthcare coverage, check out Rajib Ghosh’s regular “Healthcare Analytics” column. In addition, Manjeet Singh contributes an article that outlines the journey from “one-size-fits-all” to personalized medicine. Both authors take a hard look at artificial intelligence and how AI is impacting the healthcare industry now, and how AI could impact healthcare even more in the future … if it’s done right.

Meanwhile, the July/August issue of Analytics magazine takes a look at an eclectic list of topics, including AI and the path to the intelligent enterprise, bridging the data science gap, why supply chain optimization models fail, understanding consumer lending behavior, and the analytics journey from descriptive to prescriptive and beyond. 

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2018 INFORMS Annual Meeting heading for Phoenix

The 2018 INFORMS Annual Meeting will be held Nov. 4-7 at the PhoenixPhoenix-meeting Convention Center and Hyatt Regency Phoenix in Phoenix. The theme of this year’s meeting is “Smart City and Sustainable Communities,” the new paradigm when it comes to urban sustainability. The conference offers unique opportunities to connect and network with the more than 5,000 INFORMS members, students, prospective employers, employees, and academic and industry experts. Read more.

 

2018 Winter Simulation Conference set for Sweden

The 2018 Winter Simulation Conference (WSC) will be held Dec. 9-12 at the Swedish Exhibition & Congress Centre in Gothenburg, Sweden. The conference seeks to highlight applications of simulation for noble causes in addition to continuing to report leading developments and applications in other fields. WSC is the central meeting place for simulation practitioners, researchers and vendors working in all disciplines in industry, service, government, military and academic sectors. Read more.

Essential Practice Skills Workshop in Washington, D.C.

Patrick Noonan, a former management consultant, business owner and college professor, will lead a two-day workshop in the Washington, D.C., area as part of INFORMS’ Professional Development and Continuing Education program. The workshop, entitled, “Essential Practice Skills for High-Impact Analytics Projects,” will be held Sept. 19-20 at the AMA Washington, DC Area Executive Conference Center in Arlington, Va. Read more

Inaugural INFORMS Security Conference

INFORMS is requesting proposals to organize the initial INFORMS Security Conference (ISC). In a continuing effort to promote the development and use of operations research and analytics in the government sector, INFORMS will bring together researchers and practitioners to ensure security in not only government, but industrial and personal activities as well. Read more.

 

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GAMS

Frontline

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Prescriptive Analytics Topics

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INFORMS-SPONSORED EVENTS

2018 INFORMS Regional Analytics Conference
September 14, Seattle

2018 INFORMS Annual Meeting Phoenix
Nov. 4-7, Phoenix Convention Center and Hyatt Regency Phoenix, Phoenix

2018 Winter Simulation Conference
Dec. 9-12, The Swedish Exhibition & Congress Centre, Gothenburg, Sweden

SEMINARS & WEBINARS

Applied AI & Machine Learning | Comprehensive
Sept. 10-13, 17-20, and 24-25, 12noon-5pm

Advancing the Analytics-Driven Organization
Sept. 17-20, 12noon-5pm, LIVE online

The Analytics Clinic: Ensemble Models: Worth the Gains?
Sept. 20, 11am-12:30pm 

Predictive Analytics: Failure to Launch Webinar
Oct. 3, 11am

Advancing the Analytics-Driven Organization
Oct. 1-4, 12noon-5pm

Applied AI & Machine Learning | Comprehensive
Oct. 15-19, Washington, D.C.

Making Data Science Pay
Oct. 29 -30, 12noon-5pm

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“The only way the clinical community would trust a clinical solution is when it sees evidence of efficacy in multiple trial settings. … The sooner AI developers understand that and stop trying to circumvent the need for clinical trials, the better it would be for everyone. Otherwise, AI will struggle to find a permanent home in clinical settings.”

Rajib Ghosh, founder and CEO of Health Roads, LLC, in his “Healthcare Analytics” column in the upcoming September/October issue of Analytics magazine. For a sneak preview, click here.

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