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:

Abstract: A brief description of the application, including a problem description, descriptive, predictive and prescriptive analytics, and impact. Answer the question why is the application innovative.

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 (like future developments that can originate from the application, or how it can be replicated into new spaces).

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

Submissions will be evaluated on the basis of initial 500-1000 word submission. Extended submissions might not be considered by the judges.

• Level of uniqueness, creativity, value and (potential) contribution of the analytical techniques developed. The following aspects are a key part of the judging process:

• 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.

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 (Each finalist team will work with a coach in the preparation of an Interfaces article). It is important that applicants clear the possibility of publishing their work with the organization legal team.

In addition, selected finalists will receive:

• A cash award of $3000, $2000, and $1000 for the first three teams.
• Recognition of the winning team at the Analytics Society business meeting at the INFORMS Annual Meeting, October 20 - 23, 2018 in Seattle, WA

Key Dates

Deadline for applications - August 22, 2018
Semi-finalists Selection – October 31, 2018
Finalists Selection - December 08, 2018
Interface article draft due date – March 15, 2019
Finalists' presentations - April 14-16, 2019 at INFORMS Analytics Conference in Austin, TX.
Winner presents – November 4-7, the INFORMS Annual Meeting, October 20 - 23, 2018 in Seattle, WA, and are recognized in Analytics Society meeting.

Applications, as well as questions and inquiries, should be submitted to:

Juan R. Jaramillo, PhD (Chair)
2018 -2019 IAAA Chair
Associate Professor of Analytics
Department of Decision Sciences
Robert B. Willumstad School of Business
Adelphi University