The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Museums take this educational role seriously, and many institutions understand the need to sustain and broaden their appeal. “They used to be these big ivory towers of knowledge and history and thought and art,” said Hilary Knight, director of Change& in London and former director of digital at Tate. “Museums themselves are changing their role to be centers for discussion and encounter and to be much more participatory.”
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
An audio journey of how data and analytics save lives, save money and solve problems.
Jeff Cohen
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INFORMS
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A new study in Management Science led by INFORMS member Natarajan Balasubramanian, a professor at Syracuse University, found that when managers implement strict deadlines, their workers tend to complete their tasks at the last minute, which often leads to lower quality outcomes.
According to PayScale's 2016-2017 College Salary Report, operations research ranks as the master's degree with the third highest salary potential, coming in behind only computer science and engineering, and nurse anesthesia.
Executive director of INFORMS, Melissa Moore, presented the Carnegie Mellon University H. John Heniz III College with the UPS George D. Smith prize. This prize is awarded in recognition of the school's encouragement of stronger ties between industry and students studying operations research and analytics, in particular, for student projects relating to healthcare and real estate.
As the demand for analytics professionals continues to grow, and more and more universities are adding or expanding their analytics programs, it is increasingly important for young analytics professionals to stand out to potential employers. Alan Briggs, INFORMS member and project manager and data scientists with Elder Research, Inc., discusses how the new Associate Certified Analytics Professional (aCAP™) program can place emerging analytics professionals on the path to success.
According to a recent KPMG study, CEOs are relying on an abundance of data and analytics to make critical management decisions, however many CEOs do not trust the data they receive. INFORMS member and University of Notre Dame Professor Scott Nestler discusses the value of the Certified Analytics Professional (CAP®) program in assuring CEOs and other leadership of an analytics professional's adherence to high standards and the quality of their data.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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