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A collection of press releases, audio content and media clips featuring INFORMS members and their research.

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The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results

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An illustration of people in an art gallery. Cartoon characters visit contemporary paintings and sculptures.
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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.”

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A cargo ship with colorful boxes sails from the bottom to the top of the photo. The sea around it is a cerulean blue and there are clouds obscuring the ship slightly from below.
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'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.

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Chief Strategy Officer
INFORMS
Catonsville, MD
[email protected]
443-757-3565

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Firms Intentionally Pressure Sales People to Invest in Costly Internal Negotiations

News Release, November 20, 2014

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.

Survey shows most organizations don't have plan in place to assess their analytics maturity

November 13, 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.

Some 47 percent of those surveyed attributed the lack of analytics maturity modeling to the fact they don't believe it will help their businesses thrive, while 21 percent said they cannot afford an analytics maturity model solution.

"The ability to fully assess the maturity level of an organization's analytics best practices is paramount to their efficacy," said Aaron Burciaga, senior manager, operations analytics at Accenture. "With more access to information than ever before, organizations must have a strategy in place for how they leverage data and analytics, and assess the maturity of their programs to empower decision making and drive organizational strategy."

Megiddo wins von Neumann Theory Prize 2014

News Release, November 11, 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

News Release, November 11, 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

News Release, November 10, 2014

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.  

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