<br />
HTTP://WWW.ANALYTICS-MAGAZINE.ORG<br />
D<br />
RIVING BETTER BUSINESS DECISIONS<br />
N<br />
OVEMBER/DECEMBER 2016<br />
BROUGHT TO YOU BY:<br />
The power is in the numbers, and many<br />
hands make light work<br />
Crowdsourcing<br />
ALSO INSIDE:<br />
· Russia vs. Western analysts<br />
· Practical project management<br />
· The biggest big data challenges<br />
· Decision analysis software<br />
survey<br />
· Sports business analytics<br />
process<br />
Executive Edge<br />
Verisk Chairman & CEO<br />
Scott G. Stephenson on<br />
the keys to unlocking an<br />
organization's innovation<br />
INSIDE STORY<br />
The wisdom of crowds<br />
As I write this, the 2016 U.S. presidential<br />
campaign staggers toward the finish line,<br />
leaving behind a trail of mud the likes of<br />
which we’ve never seen before. When<br />
the election is finally over, no matter the<br />
outcome, I think we all could use a hot<br />
shower.<br<a title="Analytics, November/December 2016 page 1" href="http://viewer.zmags.com/publication/006950e2?page=1"> HTTP://WWW.ANALYTICS-MAGAZINE.ORG D RIVIN</a>
<a title="Analytics, November/December 2016 page 2" href="http://viewer.zmags.com/publication/006950e2?page=2"> INSIDE STORY The wisdom of crowds </a>
<a title="Analytics, November/December 2016 page 3" href="http://viewer.zmags.com/publication/006950e2?page=3"> Prescriptive Analytics? Join a unique Collaborati</a>
<a title="Analytics, November/December 2016 page 4" href="http://viewer.zmags.com/publication/006950e2?page=4"> CONTENTS DRIVING BETTER BUSINESS DECISIONS </a>
<a title="Analytics, November/December 2016 page 5" href="http://viewer.zmags.com/publication/006950e2?page=5"> Welcome to Analytic Solver® Cloud-based Optimizat</a>
<a title="Analytics, November/December 2016 page 6" href="http://viewer.zmags.com/publication/006950e2?page=6"> 22 70 DEPARTMENTS 2 Inside Story 8 </a>
<a title="Analytics, November/December 2016 page 7" href="http://viewer.zmags.com/publication/006950e2?page=7"> Welcome to Analytic Solver® Cloud-based Simulatio</a>
<a title="Analytics, November/December 2016 page 8" href="http://viewer.zmags.com/publication/006950e2?page=8"> EXECUTIVE EDGE Keys to unlocking innovation in o</a>
<a title="Analytics, November/December 2016 page 9" href="http://viewer.zmags.com/publication/006950e2?page=9"> Welcome to Analytic Solver® Cloud-based Data and </a>
<a title="Analytics, November/December 2016 page 10" href="http://viewer.zmags.com/publication/006950e2?page=10"> EXECUTIVE EDGE accessory for business operation</a>
<a title="Analytics, November/December 2016 page 11" href="http://viewer.zmags.com/publication/006950e2?page=11"> entrenched will innovation be in the organi- zati</a>
<a title="Analytics, November/December 2016 page 12" href="http://viewer.zmags.com/publication/006950e2?page=12"> EXECUTIVE EDGE Although this process req</a>
<a title="Analytics, November/December 2016 page 13" href="http://viewer.zmags.com/publication/006950e2?page=13"> CPLEX Optimization Studio . </a>
<a title="Analytics, November/December 2016 page 14" href="http://viewer.zmags.com/publication/006950e2?page=14"> A N A LY Z E T H I S ! A ‘Silver’ lining for ele</a>
<a title="Analytics, November/December 2016 page 15" href="http://viewer.zmags.com/publication/006950e2?page=15"> Which is why I spend a huge amount of time v</a>
<a title="Analytics, November/December 2016 page 16" href="http://viewer.zmags.com/publication/006950e2?page=16"> A N A LY Z E T H I S ! inherently biased, and t</a>
<a title="Analytics, November/December 2016 page 17" href="http://viewer.zmags.com/publication/006950e2?page=17"> about such models and about the data that drives </a>
<a title="Analytics, November/December 2016 page 18" href="http://viewer.zmags.com/publication/006950e2?page=18"> HEALTHCARE ANALYTICS Data governance and managem</a>
<a title="Analytics, November/December 2016 page 19" href="http://viewer.zmags.com/publication/006950e2?page=19"> jumped on the data analytics bandwagon without es</a>
<a title="Analytics, November/December 2016 page 20" href="http://viewer.zmags.com/publication/006950e2?page=20"> HEALTHCARE ANALYTICS the quality of the data, a</a>
<a title="Analytics, November/December 2016 page 21" href="http://viewer.zmags.com/publication/006950e2?page=21"> stewardship as a key role of the committee. Commi</a>
<a title="Analytics, November/December 2016 page 22" href="http://viewer.zmags.com/publication/006950e2?page=22"> NEWS & NOTES Salary survey, O.R. degree, CAP upd</a>
<a title="Analytics, November/December 2016 page 23" href="http://viewer.zmags.com/publication/006950e2?page=23"> intelligence professionals or financial an- alyst</a>
<a title="Analytics, November/December 2016 page 24" href="http://viewer.zmags.com/publication/006950e2?page=24"> NEWS & NOTES 10 with mid-career wages betwe</a>
<a title="Analytics, November/December 2016 page 25" href="http://viewer.zmags.com/publication/006950e2?page=25"> Stop compromising. With FICO's advanced analytic</a>
<a title="Analytics, November/December 2016 page 26" href="http://viewer.zmags.com/publication/006950e2?page=26"> FORUM A conceptual framework for BI/analytics </a>
<a title="Analytics, November/December 2016 page 27" href="http://viewer.zmags.com/publication/006950e2?page=27"> “need to know” slices so confidential</a>
<a title="Analytics, November/December 2016 page 28" href="http://viewer.zmags.com/publication/006950e2?page=28"> STUDY: INTERNATIONAL INTRIGUE Kremlin vs. West</a>
<a title="Analytics, November/December 2016 page 29" href="http://viewer.zmags.com/publication/006950e2?page=29"> Russian President Vladimir Putin’s playbook focus</a>
<a title="Analytics, November/December 2016 page 30" href="http://viewer.zmags.com/publication/006950e2?page=30"> RUSSIA VS. WESTERN ANALYSTS of its good governa</a>
<a title="Analytics, November/December 2016 page 31" href="http://viewer.zmags.com/publication/006950e2?page=31"> did not enjoy the economic benefits, • which e</a>
<a title="Analytics, November/December 2016 page 32" href="http://viewer.zmags.com/publication/006950e2?page=32"> RUSSIA VS. WESTERN ANALYSTS Balkans and o</a>
<a title="Analytics, November/December 2016 page 33" href="http://viewer.zmags.com/publication/006950e2?page=33"> of consequences, such wargames could be qui</a>
<a title="Analytics, November/December 2016 page 34" href="http://viewer.zmags.com/publication/006950e2?page=34"> A N A LY T I C S M AT U R I T Y Making analyti</a>
<a title="Analytics, November/December 2016 page 35" href="http://viewer.zmags.com/publication/006950e2?page=35"> when and at what cost? The former approach is </a>
<a title="Analytics, November/December 2016 page 36" href="http://viewer.zmags.com/publication/006950e2?page=36"> PROJECT MANAGEMENT with the following basic pro</a>
<a title="Analytics, November/December 2016 page 37" href="http://viewer.zmags.com/publication/006950e2?page=37"> a form of agile, was originally developed to su</a>
<a title="Analytics, November/December 2016 page 38" href="http://viewer.zmags.com/publication/006950e2?page=38"> PROJECT MANAGEMENT had looped back to data unde</a>
<a title="Analytics, November/December 2016 page 39" href="http://viewer.zmags.com/publication/006950e2?page=39"> access to subject matter experts was critical to </a>
<a title="Analytics, November/December 2016 page 40" href="http://viewer.zmags.com/publication/006950e2?page=40"> PROJECT MANAGEMENT project execution, and non-m</a>
<a title="Analytics, November/December 2016 page 41" href="http://viewer.zmags.com/publication/006950e2?page=41"> </a>
<a title="Analytics, November/December 2016 page 42" href="http://viewer.zmags.com/publication/006950e2?page=42"> CROWDSOURCING Using the crowd: curated vs. u</a>
<a title="Analytics, November/December 2016 page 43" href="http://viewer.zmags.com/publication/006950e2?page=43"> The power of crowdsourcing is in its numbers. Man</a>
<a title="Analytics, November/December 2016 page 44" href="http://viewer.zmags.com/publication/006950e2?page=44"> CROWDSOURCING images [2] and have a reason</a>
<a title="Analytics, November/December 2016 page 45" href="http://viewer.zmags.com/publication/006950e2?page=45"> only one to three times instead of five or more t</a>
<a title="Analytics, November/December 2016 page 46" href="http://viewer.zmags.com/publication/006950e2?page=46"> CROWDSOURCING these search engine providers gat</a>
<a title="Analytics, November/December 2016 page 47" href="http://viewer.zmags.com/publication/006950e2?page=47"> </a>
<a title="Analytics, November/December 2016 page 48" href="http://viewer.zmags.com/publication/006950e2?page=48"> SOFTWARE SURVEY Decision analysis Past, pres</a>
<a title="Analytics, November/December 2016 page 49" href="http://viewer.zmags.com/publication/006950e2?page=49"> of decision analysis on a broader scale than ever</a>
<a title="Analytics, November/December 2016 page 50" href="http://viewer.zmags.com/publication/006950e2?page=50"> DECISION ANALYSIS SURVEY scratched” [5]. Many a</a>
<a title="Analytics, November/December 2016 page 51" href="http://viewer.zmags.com/publication/006950e2?page=51"> decision analysis tools available on the market t</a>
<a title="Analytics, November/December 2016 page 52" href="http://viewer.zmags.com/publication/006950e2?page=52"> DECISION ANALYSIS SURVEY number of products </a>
<a title="Analytics, November/December 2016 page 53" href="http://viewer.zmags.com/publication/006950e2?page=53"> Compatibility with other software and/ or XML and</a>
<a title="Analytics, November/December 2016 page 54" href="http://viewer.zmags.com/publication/006950e2?page=54"> DECISION ANALYSIS SURVEY features offered by th</a>
<a title="Analytics, November/December 2016 page 55" href="http://viewer.zmags.com/publication/006950e2?page=55"> Is the largest association for analytics in the </a>
<a title="Analytics, November/December 2016 page 56" href="http://viewer.zmags.com/publication/006950e2?page=56"> DATA LAKES The biggest big data challenges W</a>
<a title="Analytics, November/December 2016 page 57" href="http://viewer.zmags.com/publication/006950e2?page=57"> • Volume (data at rest): terabytes, exaby</a>
<a title="Analytics, November/December 2016 page 58" href="http://viewer.zmags.com/publication/006950e2?page=58"> DATA LAKES support systems, big data initia</a>
<a title="Analytics, November/December 2016 page 59" href="http://viewer.zmags.com/publication/006950e2?page=59"> A traditional data warehouse supports batch</a>
<a title="Analytics, November/December 2016 page 60" href="http://viewer.zmags.com/publication/006950e2?page=60"> DATA LAKES pressure, etc. The correlation of th</a>
<a title="Analytics, November/December 2016 page 61" href="http://viewer.zmags.com/publication/006950e2?page=61"> DATA WAREHOUSES VS. DATA LAKES DATA WAREHOUSES vs</a>
<a title="Analytics, November/December 2016 page 62" href="http://viewer.zmags.com/publication/006950e2?page=62"> DATA LAKES and provide more upstream business v</a>
<a title="Analytics, November/December 2016 page 63" href="http://viewer.zmags.com/publication/006950e2?page=63"> location. Ungoverned data may or may not physical</a>
<a title="Analytics, November/December 2016 page 64" href="http://viewer.zmags.com/publication/006950e2?page=64"> ANALYTICS IN ACTION The sport business analyti</a>
<a title="Analytics, November/December 2016 page 65" href="http://viewer.zmags.com/publication/006950e2?page=65"> information from current sea- son ticket holders:</a>
<a title="Analytics, November/December 2016 page 66" href="http://viewer.zmags.com/publication/006950e2?page=66"> SPORTS ANALYTICS leaders should also continuous</a>
<a title="Analytics, November/December 2016 page 67" href="http://viewer.zmags.com/publication/006950e2?page=67"> to analyze both impression-based metrics (e.g., w</a>
<a title="Analytics, November/December 2016 page 68" href="http://viewer.zmags.com/publication/006950e2?page=68"> SPORTS ANALYTICS Corporate partnership acqu</a>
<a title="Analytics, November/December 2016 page 69" href="http://viewer.zmags.com/publication/006950e2?page=69"> ASSOCIATE CERTIFIED ANALYTICS PROFESSIONAL An</a>
<a title="Analytics, November/December 2016 page 70" href="http://viewer.zmags.com/publication/006950e2?page=70"> CONFERENCE PREVIEW 2016 Winter Simulation Confer</a>
<a title="Analytics, November/December 2016 page 71" href="http://viewer.zmags.com/publication/006950e2?page=71"> Learn how analytics and O.R. can maximize t</a>
<a title="Analytics, November/December 2016 page 72" href="http://viewer.zmags.com/publication/006950e2?page=72"> FIVE-MINUTE ANALYST The ballot theorem </a>
<a title="Analytics, November/December 2016 page 73" href="http://viewer.zmags.com/publication/006950e2?page=73"> for A, which will have B in the lead, such as 9-K</a>
<a title="Analytics, November/December 2016 page 74" href="http://viewer.zmags.com/publication/006950e2?page=74"> FIVE-MINUTE ANALYST </a>
<a title="Analytics, November/December 2016 page 75" href="http://viewer.zmags.com/publication/006950e2?page=75"> SPECIAL ADVERTISING SECTION CLASSIFIEDS </a>
<a title="Analytics, November/December 2016 page 76" href="http://viewer.zmags.com/publication/006950e2?page=76"> CLASSIFIEDSSPECIAL ADVERTISING SECTION </a>
<a title="Analytics, November/December 2016 page 77" href="http://viewer.zmags.com/publication/006950e2?page=77"> APPLICATIONS INVITED FOR FACULTY POSITIONS </a>
<a title="Analytics, November/December 2016 page 78" href="http://viewer.zmags.com/publication/006950e2?page=78"> THINKING ANALYTICALLY Camping in the woods </a>
<a title="Analytics, November/December 2016 page 79" href="http://viewer.zmags.com/publication/006950e2?page=79"> I ION GE NE LA LGE </a>