BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
During the holiday season, a late delivery can sometimes feel like the end of the world. You’ve been there: you order a highly anticipated gadget, new clothes, or a last-minute gift, only to find out that your delivery is delayed. While many blame shipping companies or delivery drivers, the true culprit often lies deeper in the supply chain — at the heart of it all: forecasting.
Catastrophic weather events, wars in Ukraine and the Middle East, trade conflicts, global pandemics—the forces disrupting supply chains are multiplying at a rate few could have anticipated.
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The Institute for Operations Research and the Management Sciences (INFORMS®) proudly announces the six finalist organizations that will compete for the 2014 INFORMS Franz Edelman Prize. The Prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes.
Much like the definition of big data, the job description for data scientist is definitely a work in progress. What skills are required? Well, in addition to possessing a strong math and computer science background, including the ability to devise algorithmic solutions to complex problems, data scientists need to be good communicators -- people capable of grasping business issues and explaining data-driven insights to executives and managers.
Fair enough. But how does an organization know that the data scientist it's just hired has all of these skills? The Institute for Operations Research and the Management Sciences (INFORMS), a 10,000-member international organization of analytics professionals, believes its recently launched Certified Analytics Professional (CAP) program provides the rigorous certification needed in the burgeoning big data field.
"We realized that there were a lot of people putting themselves out there as analytics practitioners, but no real defining body on what that meant," INFORMS president Anne Robinson told InformationWeek in a phone interview.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association for analytics professionals, today announced that the first place winner of the Daniel H. Wagner Prize judged by CPMS, the association’s practice section, is Yedioth Group, the Israeli media company, for analysis that reduced the cost of delivering print magazines at a time when the news industry is facing ever increasing competition from the Internet and social media.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association for analytics professionals, today announced 12 new recipients of the annual INFORMS Fellow Award.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading association for professionals in analytics, today announced that Michel Balinski of C.N.R.S. and the École Polytechnique/Paris Tech in France was named the 2013 recipient of the association’s John von Neumann Theory Prize.
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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