Innovative Applications in Analytics Award Application Process

Applicants must submit a summary of their work (no more than 1,000 words).
The summary should include the following parts:

Introduction: A general description of the work and its importance.

Analytics components: The committee favors the descriptive, predictive and prescriptive model of Analytics. With that in mind, a description of the work covering these three types of analytics is preferred.

Conclusion. The conclusion should mention current impact on the organization (better if there is an economic quantification); why the work is innovative; and how the work would help the advancement of the field.

References: If the work has generated economic impact on the organization or customers, references that can validate these claims are important.

Note: It is understandable if some of the details of the implementation cannot be shared with the judging panel and the public, but there should at least be a clear description of the Analytics tools used and their interaction.

Judging Criteria

  • The judging criteria will be based on the level of uniqueness, creativity, value and (potential) contribution of the analytical techniques developed.
  • Submissions will be evaluated based on applications of at least two of the three types of analytics: descriptive, predictive and prescriptive. Submissions that span all three dimensions of analytics are preferred.
  • Approaches are required to demonstrate their use in practice; to the extent implemented savings are claimed in the submission, the judging panel will seek verification of the implementation.
  • Submissions that have the potential for more widespread use will be given added consideration, but particularly clever innovations with narrow focus are also highly valued.

Submissions will be evaluated on the basis of initial 500-1000 word submission. The judging panel might contact participants for clarification and further discussion if considered necessarily.

The judging panel, solely at its discretion, might choose to call in subject matter experts to provide insights on an individual submission. All decisions of the judging panel are final. The judging panel can decide in any year that no award will be given if no suitable applications are received.

In addition to the prestige associated with the prize, the finalists have the opportunity to present their work in the INFORMS Business Analytics Conference and to publish their work in a special issue of the prestigious INFORMS applied analytics journal Interfaces http://pubsonline.informs.org/journal/inte. (Each finalist team will work with a coach in the preparation of an Interfaces article).

In addition, selected finalists will receive:

  • A cash award of $3000, $2000, and $1000 for the first three teams.
  • One complimentary registration per team to attend the INFORMS Analytics Conference in Baltimore, MD, April 15-17, 2018.
  • Recognition of the winning team at the Analytics Society business meeting at the INFORMS Annual Meeting, November 4-7, 2018 in Phoenix, AZ

Key Dates

  • Deadline for applications - September 22, 2017
  • Semi-finalists Selection - September 30, 2017
  • Finalists Selection - November 15, 2017
  • Interface article due date – April 01,2018
  • Finalists' presentations - April 15-17, 2018 at INFORMS Analytics Conference in Baltimore, MD.
  • Winner presents – November 4-7, 2018 Annual Meeting in Phoenix, AZ, and recognized in Analytics Society meeting.

Applicants should submit their summary to prize chair Juan R. Jaramillo (email: jaramijr@farmingdale.edu)