Awards Releases

Analytics, the increasingly important specialty that has been cited by Harvard Business Review, Sloan Management Review, Gartner, and Accenture for aiding better decisions at organizations, will be the focus of a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS^®), the premier organization for advanced analytics professionals.

The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced the six finalist organizations that will compete for the 2012 Franz Edelman Award for Achievement in Operations Research and the Management Sciences, a prize for excellence in advanced analytics, in Huntington Beach, California later this year.

The Institute for Operations Research and the Management Sciences (INFORMS®) today announced the award of the Daniel H. Wagner Prize by CPMS, the association’s Practice Section, to a team from Intel. The winners used analytics and operations research to optimize the design and scheduling of the major chip maker’s vast product line so as to have the right products at the right time for customers while efficiently managing resources and costs.

The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced the award of the INFORMS Decision Analysis Society Frank P. Ramsey Medal to Dr. Don N. Kleinmuntz, President and co-founder of Strata Decision Technology, a market leading provider of web-based financial analytics and performance management software tools used primarily by U.S. hospitals and health systems to enhance their financial planning, budgeting, and reporting processes.

With hepatitis B infecting as many as 10% of people of Asian descent, operations researchers collaborated with a liver transplant surgeon to develop mathematical models that verified the cost effectiveness of hepatitis B interventions. These interventions now successfully screen, treat, and vaccinate millions of Asian and Pacific Islander adults in the U.S. and millions of children in China, according to a paper in a journal of the Institute for Operations Research and the Management Sciences (INFORMS^®).

In the wake of the devastating Japanese tsunami, the 2010 Haitian earthquake, and the recent threat of pandemic flu, a new issue of the journal Interfaces: The INFORMS Journal on the Practice of Operations Research is dedicated to improving responses to disasters, health crises, and acute public issues, according to the Institute for Operations Research and the Management Sciences (INFORMS^®).

The Institute for Operations Research and the Management Sciences (INFORMS^®) today congratulated Jack Levis, Director of Process Management at UPS, who led his team at UPS to win the coveted Gartner Business Intelligence Excellence Award.

The Institute for Operations Research and Management Sciences (INFORMS) today announced the establishment of the annual UPS George D. Smith Prize for operations research. The prize will recognize the practical importance of operations research while honoring academic leaders who embody the beliefs of Smith, the second CEO of UPS.

MISO, which manages one of the world’s largest energy markets, won the 2011 Franz Edelman Award for Achievement in Operations Research and the Management Sciences at a banquet sponsored by the Institute for Operations Research and the Management Sciences (INFORMS) in Chicago tonight.

Business analytics, which has received plaudits from Harvard Business Review, Gartner, and Accenture for aiding better decisions at organizations, will be the focus of a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS^®). The conference focuses on ways that successful organizations use quantitative methods to analyze massive amounts of data.