We are drowning in numbers, and we no longer understand what they mean. Every day, headlines bombard us with figures meant to inform: billions in spending, trillions in debt, percentages signaling growth or decline. But for most of us, these numbers blur together. They register as “large” or “small,” but almost never as real. And that is more than a math problem. It is a civic one.
INFORMS has awarded Microsoft (NASDAQ: MSFT) its 2026 Franz Edelman Award for Achievement in Advanced Analytics, Operations Research and Management Science, for reengineering how global cloud infrastructure is planned and delivered, applying advanced analytics and AI to orchestrate complex fulfillment decisions across its rapidly expanding data center network.
In the rush to adopt artificial intelligence, many employers are now requiring that employees use AI tools. As you’re using AI, be intentional and selective. It’s critical that you know yourself. Research published in Management Science found that AI is most valuable for people who understand their own abilities and limitations. Assess yourself, so you can factor this into your process for incorporating AI into your work.
An audio journey of how data and analytics save lives, save money and solve problems.
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CATONSVILLE, MD, October 28, 2015 – Increasing cigarette exercise taxes may have the unintended consequence of encouraging consumers to seek higher nicotine content and more dangerous cigarette products, according to a study published in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).
PHILADELPHIA, PA, October 27, 2015 – How can electronic health records help doctors make better medical decisions? What new analytics tools will help physicians flag patients at risk of cancer? What do text analytics predict about an expectant mother’s labor?
Think there’s no such thing as a high-paying, low-stress job?
Think again.
Career information expert Laurence Shatkin, Ph.D., compared average salaries and stress levels of the 767 occupations identified by the U.S. Department of Labor to identify jobs with that perfect combination of high pay and low stress, and it turns out there are plenty.
The “stress tolerance” for each job is a rating on a scale from zero to 100, where a lower rating signals less stress. It measures how frequently workers must accept criticism and deal effectively with high stress on the job. The data was gathered from the U.S. Bureau of Labor Statistics and U.S. Occupational Information Network.
Here are 24 jobs that pay more than $70,000 a year, on average, and earned a stress tolerance rating of 70 or lower, in order from lowest to highest stress score...
Stress tolerance: 63.0
Average annual salary (2014): $82,940
What they do: Use advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions.
Education requirements: Many entry-level positions are available for those with a bachelor’s degree, but some employers prefer to hire applicants with a master’s degree or Ph.D.
Stress tolerance is measured by the Bureau of Labor Statistics and Occupational Information Network, with lower scores indicating less stress on the job.
CATONSVILLE, MD, October 19, 2015 - The Institute for Operations Research and the Management Sciences (INFORMS), the leading professional association in analytics and operations research, today announced it is launching a new initiative -- Pro Bono Analytics – in an effort to connect analytics experts with non-profit organizations seeking to improve how they achieve greater results by leveraging data and information.
PHILADELPHIA, PA, October 15, 2015 – How can higher education leverage analytics to enhance outcomes for both students and college/university operations? A panel of four Philadelphia area university presidents will tackle this and other questions related to how universities can utilize new techniques in Big Data and math modeling to respond to student debt, globalization, and other problems.
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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