<br />
HTTP://WWW.ANALYTICS-MAGAZINE.ORG<br />
DRIVING BETTER BUSINESS DECISIONS NOVEMBER/DECEMBER 2015<br />
BROUGHT TO YOU BY:<br />
REALITY OF REAL-TIME<br />
ANALYTICS<br />
Four important areas where real-time<br />
analytics can provide real value<br />
ALSO INSIDE:<br />
· Big data in marketing analytics<br />
Executive Edge<br />
· Mother Nature meets Internet of Things<br />
Mike Neal, CEO of<br />
· Simulated worlds: Simulation software DecisionNext, on<br />
· Data reduction for everyone which makes better<br />
business decisions:<br />
humans or machines?<br />
INSIDE STORY<br />
Humans vs.<a title="Analytics, November/December 2015 page 1" href="http://viewer.zmags.com/publication/5e4b8aad?page=1"> HTTP://WWW.ANALYTICS-MAGAZINE.ORG DRIVING </a>
<a title="Analytics, November/December 2015 page 2" href="http://viewer.zmags.com/publication/5e4b8aad?page=2"> INSIDE STORY Humans vs. machines In his execut</a>
<a title="Analytics, November/December 2015 page 3" href="http://viewer.zmags.com/publication/5e4b8aad?page=3"> </a>
<a title="Analytics, November/December 2015 page 4" href="http://viewer.zmags.com/publication/5e4b8aad?page=4"> CONTENTS DRIVING BETTER BUSINESS DECISIONS </a>
<a title="Analytics, November/December 2015 page 5" href="http://viewer.zmags.com/publication/5e4b8aad?page=5"> XLMINER®: Data Mining Everywhere Predictive Anal</a>
<a title="Analytics, November/December 2015 page 6" href="http://viewer.zmags.com/publication/5e4b8aad?page=6"> 24 70 DEPARTMENTS 2 Inside Story 8 </a>
<a title="Analytics, November/December 2015 page 7" href="http://viewer.zmags.com/publication/5e4b8aad?page=7"> ANALYTIC SOLVER® PLATFORM From Solver to Full-Po</a>
<a title="Analytics, November/December 2015 page 8" href="http://viewer.zmags.com/publication/5e4b8aad?page=8"> EXECUTIVE EDGE Humans or machines Which makes b</a>
<a title="Analytics, November/December 2015 page 9" href="http://viewer.zmags.com/publication/5e4b8aad?page=9"> ANALYTICS IN YOUR BROWSER Optimization, Simulatio</a>
<a title="Analytics, November/December 2015 page 10" href="http://viewer.zmags.com/publication/5e4b8aad?page=10"> EXECUTIVE EDGE Should there be a limit to how </a>
<a title="Analytics, November/December 2015 page 11" href="http://viewer.zmags.com/publication/5e4b8aad?page=11"> So, blending these two decision- making mechani</a>
<a title="Analytics, November/December 2015 page 12" href="http://viewer.zmags.com/publication/5e4b8aad?page=12"> EXECUTIVE EDGE Human decision-making </a>
<a title="Analytics, November/December 2015 page 13" href="http://viewer.zmags.com/publication/5e4b8aad?page=13"> commodity, since when the plane pulls away from t</a>
<a title="Analytics, November/December 2015 page 14" href="http://viewer.zmags.com/publication/5e4b8aad?page=14"> A N A LY Z E T H I S My ‘Philadelphia Story’ </a>
<a title="Analytics, November/December 2015 page 15" href="http://viewer.zmags.com/publication/5e4b8aad?page=15"> Now you can switch off impossible. ODHeuristics </a>
<a title="Analytics, November/December 2015 page 16" href="http://viewer.zmags.com/publication/5e4b8aad?page=16"> A N A LY Z E T H I S phone and call the great W</a>
<a title="Analytics, November/December 2015 page 17" href="http://viewer.zmags.com/publication/5e4b8aad?page=17"> CPLEX Optimization Studio . </a>
<a title="Analytics, November/December 2015 page 18" href="http://viewer.zmags.com/publication/5e4b8aad?page=18"> A N A LY Z E T H I S Encouraged, I stammer</a>
<a title="Analytics, November/December 2015 page 19" href="http://viewer.zmags.com/publication/5e4b8aad?page=19"> </a>
<a title="Analytics, November/December 2015 page 20" href="http://viewer.zmags.com/publication/5e4b8aad?page=20"> HEALTHCARE ANALYTICS Healthcare and big data:</a>
<a title="Analytics, November/December 2015 page 21" href="http://viewer.zmags.com/publication/5e4b8aad?page=21"> figure 1: the 4 v’s of big data v v voluMe • P</a>
<a title="Analytics, November/December 2015 page 22" href="http://viewer.zmags.com/publication/5e4b8aad?page=22"> HEALTHCARE ANALYTICS Healthcare data includes </a>
<a title="Analytics, November/December 2015 page 23" href="http://viewer.zmags.com/publication/5e4b8aad?page=23"> data sets. In the absence of interopera- bility, </a>
<a title="Analytics, November/December 2015 page 24" href="http://viewer.zmags.com/publication/5e4b8aad?page=24"> INFORMS INITIATIVES Agriculture analytics, new m</a>
<a title="Analytics, November/December 2015 page 25" href="http://viewer.zmags.com/publication/5e4b8aad?page=25"> Syngenta supports farmers in the field with optimi</a>
<a title="Analytics, November/December 2015 page 26" href="http://viewer.zmags.com/publication/5e4b8aad?page=26"> INFORMS INITIATIVES This is a question that e</a>
<a title="Analytics, November/December 2015 page 27" href="http://viewer.zmags.com/publication/5e4b8aad?page=27"> INFORMS conference theme, providing a connection </a>
<a title="Analytics, November/December 2015 page 28" href="http://viewer.zmags.com/publication/5e4b8aad?page=28"> FORUM Driving curiosity as a culture in an analy</a>
<a title="Analytics, November/December 2015 page 29" href="http://viewer.zmags.com/publication/5e4b8aad?page=29"> • When it comes to learning, it’s human nature to</a>
<a title="Analytics, November/December 2015 page 30" href="http://viewer.zmags.com/publication/5e4b8aad?page=30"> FORUM Successful managers and leaders will be</a>
<a title="Analytics, November/December 2015 page 31" href="http://viewer.zmags.com/publication/5e4b8aad?page=31"> Master of Science in EnginEEring ManagEMEnt D</a>
<a title="Analytics, November/December 2015 page 32" href="http://viewer.zmags.com/publication/5e4b8aad?page=32"> NEWSMAKERS Salary survey of predictive analytics</a>
<a title="Analytics, November/December 2015 page 33" href="http://viewer.zmags.com/publication/5e4b8aad?page=33"> their distinguishing ability to work with unstruc</a>
<a title="Analytics, November/December 2015 page 34" href="http://viewer.zmags.com/publication/5e4b8aad?page=34"> REAL-TIME ANALYTICS The reality of real time</a>
<a title="Analytics, November/December 2015 page 35" href="http://viewer.zmags.com/publication/5e4b8aad?page=35"> Real-time analytics is one of the most interestin</a>
<a title="Analytics, November/December 2015 page 36" href="http://viewer.zmags.com/publication/5e4b8aad?page=36"> REAL-TIME ANALYTICS are contacting the right pa</a>
<a title="Analytics, November/December 2015 page 37" href="http://viewer.zmags.com/publication/5e4b8aad?page=37"> guidance on resolving the specific issue or a pro</a>
<a title="Analytics, November/December 2015 page 38" href="http://viewer.zmags.com/publication/5e4b8aad?page=38"> REAL-TIME ANALYTICS 4. Keep real time in contex</a>
<a title="Analytics, November/December 2015 page 39" href="http://viewer.zmags.com/publication/5e4b8aad?page=39"> Become More. Earn an aaCSB-aCCrEditEd </a>
<a title="Analytics, November/December 2015 page 40" href="http://viewer.zmags.com/publication/5e4b8aad?page=40"> GAME CHANGER Big data in marketing analytics B</a>
<a title="Analytics, November/December 2015 page 41" href="http://viewer.zmags.com/publication/5e4b8aad?page=41"> Having big data doesn’t automatically lead to bet</a>
<a title="Analytics, November/December 2015 page 42" href="http://viewer.zmags.com/publication/5e4b8aad?page=42"> MARKETING ANALYTICS 3. Financial: Typically</a>
<a title="Analytics, November/December 2015 page 43" href="http://viewer.zmags.com/publication/5e4b8aad?page=43"> how often a particular search-term is en- tered r</a>
<a title="Analytics, November/December 2015 page 44" href="http://viewer.zmags.com/publication/5e4b8aad?page=44"> SIMULATION SOFTWARE SURVEY Simulated worlds Driv</a>
<a title="Analytics, November/December 2015 page 45" href="http://viewer.zmags.com/publication/5e4b8aad?page=45"> Airport example: Simulation provides a tool to st</a>
<a title="Analytics, November/December 2015 page 46" href="http://viewer.zmags.com/publication/5e4b8aad?page=46"> SIMULATION SOFTWARE SURVEY Beside the grow</a>
<a title="Analytics, November/December 2015 page 47" href="http://viewer.zmags.com/publication/5e4b8aad?page=47"> of differential equations, as is the case in chem</a>
<a title="Analytics, November/December 2015 page 48" href="http://viewer.zmags.com/publication/5e4b8aad?page=48"> SIMULATION SOFTWARE SURVEY Providing a visually</a>
<a title="Analytics, November/December 2015 page 49" href="http://viewer.zmags.com/publication/5e4b8aad?page=49"> In other cases, the results can be exported for a</a>
<a title="Analytics, November/December 2015 page 50" href="http://viewer.zmags.com/publication/5e4b8aad?page=50"> SIMULATION SOFTWARE SURVEY The range and var</a>
<a title="Analytics, November/December 2015 page 51" href="http://viewer.zmags.com/publication/5e4b8aad?page=51"> Which organization has the best O.R. department i</a>
<a title="Analytics, November/December 2015 page 52" href="http://viewer.zmags.com/publication/5e4b8aad?page=52"> SIMULATION SOFTWARE SURVEY is available online </a>
<a title="Analytics, November/December 2015 page 53" href="http://viewer.zmags.com/publication/5e4b8aad?page=53"> THE NATION’S FIRST Associate in Applied Science (</a>
<a title="Analytics, November/December 2015 page 54" href="http://viewer.zmags.com/publication/5e4b8aad?page=54"> OIL & AG ANALYTICS Mother Nature meets the In</a>
<a title="Analytics, November/December 2015 page 55" href="http://viewer.zmags.com/publication/5e4b8aad?page=55"> information can be mined just like num- bers to u</a>
<a title="Analytics, November/December 2015 page 56" href="http://viewer.zmags.com/publication/5e4b8aad?page=56"> OIL & AG ANALYTICS gas industry can be a boon f</a>
<a title="Analytics, November/December 2015 page 57" href="http://viewer.zmags.com/publication/5e4b8aad?page=57"> Is the largest association for analytics in the </a>
<a title="Analytics, November/December 2015 page 58" href="http://viewer.zmags.com/publication/5e4b8aad?page=58"> DATA VISUALIZATION Data reduction for everyone </a>
<a title="Analytics, November/December 2015 page 59" href="http://viewer.zmags.com/publication/5e4b8aad?page=59"> Mapping the universe Cluster analysis is used t</a>
<a title="Analytics, November/December 2015 page 60" href="http://viewer.zmags.com/publication/5e4b8aad?page=60"> DATA REDUCTION figure 1: Princi</a>
<a title="Analytics, November/December 2015 page 61" href="http://viewer.zmags.com/publication/5e4b8aad?page=61"> ANALYTICAL CONSIDERATIONS There aren’t any ha</a>
<a title="Analytics, November/December 2015 page 62" href="http://viewer.zmags.com/publication/5e4b8aad?page=62"> DATA REDUCTION 2. Sparsity and dimensional</a>
<a title="Analytics, November/December 2015 page 63" href="http://viewer.zmags.com/publication/5e4b8aad?page=63"> EVERY BUSINESS… EVERY ORGANIZATION… AND EVERY </a>
<a title="Analytics, November/December 2015 page 64" href="http://viewer.zmags.com/publication/5e4b8aad?page=64"> DATA REDUCTION potentially lie in exceptiona</a>
<a title="Analytics, November/December 2015 page 65" href="http://viewer.zmags.com/publication/5e4b8aad?page=65"> decoding genealogy Dimension reduction can s</a>
<a title="Analytics, November/December 2015 page 66" href="http://viewer.zmags.com/publication/5e4b8aad?page=66"> PREDICTIVE MODELING ‘Ensemble of Ensemble</a>
<a title="Analytics, November/December 2015 page 67" href="http://viewer.zmags.com/publication/5e4b8aad?page=67"> There are different ways of combin- ing diff</a>
<a title="Analytics, November/December 2015 page 68" href="http://viewer.zmags.com/publication/5e4b8aad?page=68"> PREDICTIVE MODELING the traditional models for </a>
<a title="Analytics, November/December 2015 page 69" href="http://viewer.zmags.com/publication/5e4b8aad?page=69"> ® CERTIFIED ANALYTICS PROFESSION</a>
<a title="Analytics, November/December 2015 page 70" href="http://viewer.zmags.com/publication/5e4b8aad?page=70"> FIVE-MINUTE ANALYST Jedi Mas</a>
<a title="Analytics, November/December 2015 page 71" href="http://viewer.zmags.com/publication/5e4b8aad?page=71"> Figure 1: Simple regression of the Star Wars movi</a>
<a title="Analytics, November/December 2015 page 72" href="http://viewer.zmags.com/publication/5e4b8aad?page=72"> FIVE-MINUTE ANALYST First, they both have simil</a>
<a title="Analytics, November/December 2015 page 73" href="http://viewer.zmags.com/publication/5e4b8aad?page=73"> R COPY! ONLINE The Operations Research Revol</a>
<a title="Analytics, November/December 2015 page 74" href="http://viewer.zmags.com/publication/5e4b8aad?page=74"> THINKING ANALYTICALLY Racecar design Table </a>
<a title="Analytics, November/December 2015 page 75" href="http://viewer.zmags.com/publication/5e4b8aad?page=75"> OPTIM ZAT ON I I </a>