Press Releases

Top 5 Analytics Predictions for 2015

CATONSVILLE, MD, December 18, 2014 – Five trends will dominate the analytics world in 2015, according to the president of the Analytics Section of The Institute for Operations Research and the Management Sciences (INFORMS®), the largest professional society in the world for professionals in the fields of analytics. 

2015 Edelman Finalists

CATONSVILLE, MD, December 18, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS®) proudly announces the six finalist organizations that will compete for the 2015 INFORMS Franz Edelman Prize. The Prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes. 

Firms Intentionally Pressure Sales People to Invest in Costly Internal Negotiations

CATONSVILLE, MD, November 20, 2014 – In many firms sales people spend as much time negotiating internally for lower prices as they do interacting with customers.  A new study appearing in the November issue of Marketing Science, a publication of the Institute for Operations Research and the Management Sciences (INFORMS) finds that firms should allow their sales people to “waste” energy on internal negotiations. In fact, it says, firms should make the process wasteful on purpose.

Megiddo wins von Neumann Theory Prize 2014

SAN FRANCISCO, November 12, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS) today announced the award of its John Von Neumann Theory prize, a sometime harbinger of the Nobel Prize, to IBM’s Nimrod Megiddo for innovations in game theory, linear programming, and combinatorial optimization.

Impact Prize to COIN-OR

SAN FRANCISCO, November 12, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS) recognized a longstanding open source software program with its 2014 INFORMS Impact Prize for the developers’ creation of software that has spurred the growth of new applications over its more than dozen years of existence.

INFORMS Analytics Maturity Model Survey San Francisco

SAN FRANCISCO, CA, November 11, 2014–According to a new INFORMS®  survey of 230 business, government and academic representatives released today, the concept of “analytics maturity” is important or very important to their businesses (65 percent).  Yet, 82 percent of those same respondents admitted they do not have a plan, model, or any other mechanism in place for measuring the efficacy or maturity of their analytics best practices over time.  

INFORMS Analytics Maturity Model San Francisco

SAN FRANCISCO, CA , November 11, 2014– The Institute for Operations Research and the Management Sciences (INFORMS®) – the largest professional society in the world for professionals in the fields of analytics, operations research (O.R.) and management science – today announced the official launch of a unique new Analytics Maturity Model that is designed to help organizations of all sizes scrutinize the way they use analytics across the business and determine how to improve their best practices over time. Whether an organization is in it’s initial stages of using analytics to improve business processes, or is at a more advanced level, the INFORMS Analytics Maturity Model approach helps assess strengths and weaknesses in three important areas of analytics: the organization itself, its analytics capabilities and its data and infrastructure.

INFORMS Product Placement

CATONSVILLE, MD, October 15, 2014 – Coordinating product placement with advertising in the same television program can reduce audience loss over commercial breaks by 10%, according to a new study in the Articles in Advance section of Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).

Ed Kaplan INFORMS President

CATONSVILLE, MD, October 14, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS®) today announced that Yale School of Management Professor Edward H. Kaplan, whose pioneering work in public health and homeland security has won him numerous INFORMS awards, was elected INFORMS president in an election that concluded on September 30. Prof. Kaplan becomes INFORMS President Elect on January 1, 2015 and starts his term as President on January 1, 2016.

Ebola Media Advisory

CATONSVILLE, MD – October 9, 2014INFORMS 2015 Treasurer and Professor at the University of Illinois, Sheldon H. Jacobson has taken a public stance to challenge the way airports screen for Ebola, recommending much more aggressive measures than are currently being employed worldwide.  As a longstanding expert in the field of airport security and the design of aviation security systems, Jacobson explains how his research can be applied to stem the spread of Ebola, which has become a greater threat to the U.S. and other countries over the last few weeks. Jacobson lays out his ideas in a recent opinion piece published in The Washington Post, which include airport quarantines and blood tests to prevent the virus from spreading further in the U.S. and elsewhere.

2014 Annual Meeting Press Release

CATONSVILLE, MD, October 7, 2014 – INFORMS today announced the first details of its 2014 Annual Meeting, including an impressive line-up of top operations research, analytics and Big Data speakers from academia, industry and government; industry case studies to be presented on numerous topics; a local Job Fair for both employers and job seekers; and a number of important networking sessions.

2014 INFORMS Fellows

CATONSVILLE, MD, October 2, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association for analytics professionals, today announced 12 new recipients of the annual INFORMS Fellow Award. 

Customer experience and economy

CATONSVILLE, MD, September 4, 2014 – Customer experience matters more when the economy is doing well than when it is doing poorly, according to a new study in the Articles in Advance section of Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).

Iron Dome

CATONSVILLE, MD, September 2, 2014 – A new study published by The Institute for Operations Research and the Management Sciences (INFORMS) examines the strengths and weaknesses of the Iron Dome system, which Israeli authorities have credited with saving lives during the recent conflict with Hamas.

Marketing Science and Social Welfare

CATONSVILLE, MD, August 25, 2014 —For “credence services” such as auto-repair, healthcare, and legal services, the benefit to the customers for the service is difficult to assess before and even after the service. A new study in a journal of the Institute for Operations Research and the Management Sciences (INFORMS) finds that in a credence services market, when more service providers care about the customer’s wellbeing, society as whole may actually be worse off. 

TransSci electric vehicles

CATONSVILLE, MD, August 18, 2014 — Until battery cost is cut down to $100 per kilowatt hour, the majority of U.S. consumers for battery electric vehicles (BEV) will be better off by choosing an electric vehicle with a range below 100 miles, according to a new study in the Articles in Advance section of Transportation Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).

Mid-Level Scientists Most Likely to Use New Research Tools

CATONSVILLE, MD, August 4, 2014 – Scientists in the middle of the status hierarchy, not those at the top or the bottom, are the first to work with easy-to-use commercial products. They are also the most prone to imitate their prior collaborators’ use of such commercial kits. These are among the findings of a study of scientists-as-customers appearing in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).

DAS Meeting Mammography Readings

CATONSVILLE, MD, June 17, 2014 – A new approach to examining mammograms that takes into account a woman’s health risk profile would reduce the number of cancer instances missed and also cut the number of false positives, according to a paper being presented at a conference of the Institute for Operations Research and the Management Sciences (INFORMS).

DAS Conference Harmful Drugs

CATONSVILLE, MD, June 16, 2014 – A London School of Economics researcher examining the public and private dangers of drugs argues against demonizing e-cigarettes in a presentation being given at a conference of the Institute for Operations Research and the Management Sciences (INFORMS). He also calls on public officials to recognize that alcohol causes greater harm than other recreational drugs and more public attention should be paid to controlling its harmful effects.

2014 Big Data Conference Release

CATONSVILLE, MD, May 14, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS) today announced the first details of its 2014 The Business of Big Data Conference, including an impressive line-up of top technology industry executive speakers, industry case studies to be presented, technology workshops scheduled, and a number of important networking sessions.

CAP Exam at Computer-Based Testing Centers

CATONSVILLE, MD, May 5, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS), the largest professional society in the world for professionals in the fields of analytics, operations research (O.R.) and management science,  today announced that its successful Certified Analytics Professional (CAP®) exam will now be given at hundreds of computer-based testing centers worldwide through an agreement with Kryterion, the full-service provider of customizable assessment and certification products and services .