Analytics Magazine 2018

Posted: 3/22/2018

March 22, 2018

eNews: March 22, 2018

Probability problem: March Madness defies odds on tipoff weekend

By Erick Wikum

Fans of the 2018 NCAA Division I Men’s Basketball tournament (aka, “March Madness”) can be forgiven for never having heard of UMBC, the upstart team that made history Friday by becoming the first No. 16 seed to advance to the round of 32. The Retrievers of the University of Maryland-Baltimore County dispatched the No. 1 overall seed Virginia in most impressive fashion, thus becoming the first-ever No. 16 seed to defeat a No. 1 in the opening round of the tournament. In a postgame interview, UMBC coach Ryan Odom cited his players and fellow coaches as the key to the victory, but I have a feeling that analytics played an important role.

Why’s that? In July of 2013, INFORMS moved its offices to their current location in Catonsville, Md. The office is located at the intersection of Research Park Drive and ... UMBC Boulevard. Is it a mere coincidence that perhaps the most bracket-busting team in history practices and plays within shouting distance of the offices of the world's premier organization for advanced analytics professionals? I think not! Coach Odom and the INFORMS press department have been tight lipped, but perhaps the truth will come out.

And speaking of Baltimore and analytics, the upcoming 2018 INFORMS Conference on Business Analytics & Operations Research in Baltimore, April 15-17, will provide attendees with a tremendous opportunity to learn, share and network, and you’re invited. Perhaps Coach Odom can be enticed to attend and to share the real key to the Retriever’s stunning victory.

Erick Wikum is vice president of the Analytics Society of INFORMS.

Analytics Newsmakers

International conference to spotlight O.R., analytics and AI

By Grace Lin
The 2018 INFORMS International Conference will be held in the world-class International Conference Center (TICC) and the Grand Hyatt Taipei in beautiful Taipei City, Taiwan, on June 17-20. The conference theme is “A Better World Through Operations Research, Analytics and Artificial Intelligence.” The conference offers excellent opportunities to learn about the emerging O.R. and AI technologies and applications from more than 40 invited, sponsored and contributed clusters featuring more than 600 talks. READ MORE. 

Finalists for 2018 Syngenta Crop Challenge announced

Syngenta and the Analytics Society of INFORMS this week announced the finalists for the 2018 Syngenta Crop Challenge in Analytics. Now in its third year, the competition aims to address the challenge of achieving global food security by fostering cross-industry collaboration between agriculture and advanced analytics experts. Challenge participants were given a real-world data set and asked to develop models that predict how well corn hybrids will perform in untested locations. These predictive models can help plant breeders decide which hybrids to advance and ultimately offer to growers. READ MORE.

How math education can catch up to the 21st century

Big data analytics is increasingly becoming a trending practice that society is adopting, and Daniel Kunin, a scholar at Stanford University and the creator of the online platform, Seeing Theory, is using creative and innovative ways to teach statistics and probability relevant to a changing world. Kunin discusses math education today and how he believes it can be improved in order to both foster curiosity and be more relevant now and going forward. READ MORE.

Survey: Potential benefits of AI outweigh citizen concerns

Citizens are willing to try new artificial intelligence (AI) tools for government services despite their concerns about government use of the technology, according to results of an Accenture multi-country survey. The survey of more than 6,000 citizens from the United States, Australia, the United Kingdom, Singapore, France and Germany found that more than half (54 percent) of citizens said they are willing to use AI services delivered by government, with even more expressing willingness when presented with the potential benefits derived from AI. READ MORE.

INFORMS names six finalists for 2018 Edelman Award

INFORMS selected a diverse group of six finalists for the 47th annual Franz Edelman Award for Achievements in Advanced Analytics, Operations Research and Management Science, the world’s most prestigious award for achievement in the practice of analytics and O.R. The 2018 finalists, who will present their work before a panel of judges at the INFORMS Conference on Analytics & Operations Research in Baltimore on April 15-17, include innovative applications in broadcasting, healthcare, communication, inventory management, vehicle fleet management and alternative energy. READ MORE.  

Society gearing up for INFORMS Conference on Business Analytics

By Jack Levis
Officers of the Analytics Society of INFORMS are looking forward to seeing Society members at the 2018 INFORMS Conference on Business Analytics & Operations Research, April 15-17, in Baltimore. Please come by and say hello. Just as important, encourage others to join the society of more than 1,800 analytics professionals. READ MORE.


Innovative and Pro Bono Analytics: a winning combination

When Wes Chaar, José Antonio Carabajal, CAP, and Peter Williams from Turner Broadcasting won the 2017 Caterpillar and INFORMS Analytics Society Innovative Applications in Analytics Award (IAAA) for their application entitled “Audience Targeting Solutions Powered by Advanced Analytics,” they knew that they wanted to do some good with their $2,000 in prize money. Fortunately, they did not have to look far; they decided to team up with the INFORMS Pro Bono Analytics (PBA) program to support two important initiatives. READ MORE.

Analytics Magazine: Current Issue

The current March/April 2018 issue of Analytics magazine addresses a wide range of questions facing companies and their big data dilemma, including how to move from “conceptualization” to “operationalization” designs and how to find the “right” customer data. The issue also examines such disparate issues as healthcare analytics and vehicle routing software, and it takes a deeper look at artificial intelligence


Valuable content, contacts await attendees at analytics conference

Considering attending the 2018 INFORMS Conference on Analytics & Operations Research? Nowhere else in the world will you find the analytics and operations research expertise and experience across so many industries coming together for a three-day event. On April 15-17, 1,000+ professionals from more than 400 companies and essentially all industries will convene in Baltimore to hear 150 carefully chosen talks from the best in the business. READ MORE.


Using purchase intelligence to target, measure advertising campaigns

What if you had access to actual spending data that would help eliminate marketing budget waste and lead to better results? That’s the focus of a special session at the 2018 INFORMS Conference on Business Analytics & Operations Research set for April 15-17 at the Baltimore Marriott Waterfront. One of dozens of sessions, Warren Hearnes, VP of analytics and data science at Cardlytics, will present “Using Purchase Intelligence to Target and Measure Advertising Campaigns,” in which he will cover in detail how data and analytics can be leveraged to drive more efficient marketing strategies and spending.


Essential Practice Skills Workshops set for Denver, Washington, D.C.

Patrick Noonan (photo), a former management consultant, business owner and college professor, will lead two-day workshops in Denver and the Washington, D.C., area later this year as part of INFORMS’ Professional Development and Continuing Education program. The workshops, entitled, “Essential Practice Skills for High-Impact Analytics Projects,” will be held June 20-21 at the University of Denver and Sept. 19-20 at the AMA Washington D.C. Area Executive Conference Center in Arlington, Va. READ MORE.

INFORMS announces 2018 UPS Prize finalists

INFORMS has selected two finalists for the 2018 UPS George D. Smith Prize, which recognizes excellence in preparing students to become practitioners of operations research and analytics. The 2018 finalists are the School of Operations Research and Information Engineering, MEng Programs, Cornell University; and the Haslam College of Business MSBA, University of Tennessee. The winner will be announced on April 16 at the 2018 INFORMS Conference on Business Analytics & Operations Research in Baltimore. READ MORE.

Frontline launches Solver.Academy, surpasses analytics tool milestone

AIMMS announces release of new R-link

Certificate in Health & Humanitarian Supply Chain Management

“Presented to the right person at the right time, marketing communications can be relevant, engaging and even enjoyable. Creativity can become the driver of success, and campaigns can be about delighting customers rather than desperately poking at them through one of the dried-up channels. In that kind of marketplace, brands and customers both win.”

– Ryan Urban, co-founder and CEO of BounceX, in his Executive Edge column, “People-based marketing ushers in new era of revenue,” in the March/April 2018 issue of Analytics magazine.



Upcoming Analytics Conferenes


2018 INFORMS Business Analytics Conference
April 15-17, 2018, Baltimore

2018 INFORMS International Conference
June 17-20, 2018, Taipei, Taiwan

Essential Practice Skills for High-Impact Analytics Projects Course
June 20-21, 2018, University of Denver, Denver


Predictive Analytics: Failure to Launch Webinar
April 11, 2018, 11 a.m. EDT

Preventing Homeless Models | Preparing for Analytics Adoption
April 19, 2018, 11 a.m.-12:30 p.m. EDT

Applied A.I. & Machine Learning | Comprehensive 
April 23-27, 2018, San Francisco

Advancing the Analytics-Driven Organization
May 14-17, 2018, 12-5 p.m. EDT, live online

Making Data Science Pay
May 21-22, 2018, 12-5 p.m. EDT, live online 


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