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D
RIVING BETTER BUSINESS DECISIONS
J
ULY/AUGUST 2016
BROUGHT TO YOU BY:
ALSO INSIDE:
· Predicting 2016 U.S.
presidential election
· Quantifying missing link
in sales analytics
· Navigating big data
analytics SaaS terrain
· Forecasting software:
new tools & trends
Rx FOR HEALTHCARE
ANALYTICS
· Machine learning & value-based medicine
· Fighting fraud, waste, abuse with analytics
· Technologies converging but hurdles remain
Executive Edge
Mather Economics chief
Matt Lindsay on combining
statistical regression
with visualization
INSIDE STORY
Prediction problems
“It’s tough to make predictions,
especially about the future.”
A number of sources have been
credited with making some version of
that statement, from Dani
HTTP://WWW.ANALYTICS-MAGAZINE.ORG D RIVIN
INSIDE STORY Prediction problems “It’s tough
Boost Planning Agility and Watch Your Business Gr
CONTENTS DRIVING BETTER BUSINESS DECISIONS
XLMINER®: Data Mining Everywhere Predictive Anal
22 68 DEPARTMENTS 2 Inside Story 8
ANALYTIC SOLVER® PLATFORM From Solver to Full-Po
EXECUTIVE EDGE A picture is worth a thousand wor
Your Analytics App – Everywhere Use Solver, Risk
EXECUTIVE EDGE the effect of an unobserved thir
magazine. Graph 1 shows the percentage of subscr
EXECUTIVE EDGE on retention as the first chart
THE NATION’S FIRST Associate in Applied Science (
A N A LY Z E T H I S ! Mathematics: The gift tha
has been full of enthusiastic, energetic teachers
A N A LY Z E T H I S ! business world. Joel And
kind of software is central throughout the design
HEALTHCARE ANALYTICS Technologies converging
artificial intelligence. These technologies inter
HEALTHCARE ANALYTICS IBM, Google, Microsoft and
During this limited timeframe a physi- cian has t
INFORMS INITIATIVES Team competition, CAP and go
employed by the organization. Finally, each team
INFORMS INITIATIVES Photo Source: Syngenta Crop
on a minimum advertised price (MAP) for their p
INFORMS INITIATIVES beliefs about how r
Everyone talks about empowering business users. B
POLITICS & ANALYTICS Who holds the keys to th
Photo Courtesy of publicdomainpictures.net Does
POLITICS & ANALYTICS “True” answers favor the i
For this election, Lichtman says the Democrats
POLITICS & ANALYTICS This may help to explai
Dynamic Ideas llc The An
POLITICS & ANALYTICS national popular vote much
votes, even though the voter’s intent was
POLITICS & ANALYTICS backlash could cost the Re
to raise all kinds of creative objections to any
MISSING METRIC The human side of sales analyt
Photo Courtesy of 123rf.com | Dzianis Apolka Mis
SALES ANALYTICS THE MISSING METRIC: PEOPLE
countering objections, addressing ques- tions whi
SALES ANALYTICS a broad understanding of the op
Online MBA Top Rated College by Forbe
ANALYTICAL JOURNEY Navigating the big data ana
offerings can help your business get started wh
BIG DATA ANALYTICS analysts to ingest data and
consume or escrow your data. And avoid any soluti
HEALTHCARE ANALYTICS Analytics and machine le
percent of the nation’s total healthcare costs. U
HEALTHCARE ANALYTICS plan. In a FFS world, prov
decades across a number of industries. In recent
HEALTHCARE ANALYTICS practices, and/or products
To-Do-List Go to the gym Begin to eat healthy
HEALTHCARE FRAUD Analytics: The radiation bad
cumulative radiation exposure. These badges can q
HEALTHCARE FRAUD Of course, fraud involves
media interactions of physicians and staff can re
SOFTWARE SURVEY Forecasting 2016 New tools,
Photo Courtesy of 123rf.com | seewhatmitchsee Co
FORECASTING SOFTWARE SURVEY forecasts are being
oscillation is a well-known fac- tor in predictin
FORECASTING SOFTWARE SURVEY remaining models va
OH THE THINGS THEY CAN DO! Isn't it time for
FORECASTING SOFTWARE SURVEY continually seek ou
submit a completed online questionnaire (http://w
FORECASTING SOFTWARE SURVEY model to use
CONFERENCE PREVIEW INFORMS Annual Meeting set
highlighting several grand challenges facing t
CONFERENCE PREVIEW cluster on Modeling and Meth
emphasis on the need to avoid and res
CONFERENCE PREVIEW Analytics Society, CPMS, R
Nashville is also home to many attractions,
FIVE-MINUTE ANALYST Dark side envelopment analys
Achievements Vader Ren Luke Palpa
FIVE-MINUTE ANALYST as being “as good (bad) as
DATA ANALYTICA CEREBRUM understanding the un
THINKING ANALYTICALLY Elevators Figure 1: Race t
OPTIM ZAT ON I I