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DRIVING BETTER BUSINESS DECISIONS NOVEMBER/DECEMBER 2014
BROUGHT TO YOU BY:
ANALYTICS vs. FRAUD
· Big data takes a big bite
out of crime
· Real-time fraud detection
in the cloud
ALSO INSIDE:
· Goal-driven analytics
· Decision analysis survey
· Healthcare analytics
Executive Edge
Durjoy Patranabish,
senior V.P. at
Blueocean Market
Intelligence, on
unleashing big data
via machine learning
INSIDE STORY
Fighting fraud with analytics
A day doesn’t seem to go by without a
new report of fraud via stolen identity and
misappropriated credit card numbers, Inter-
net and phone scams, good, old-fashioned
employee embezzling and officialdom cor-
ruption, yo
HTTP://WWW.ANALYTICS-MAGAZINE.ORG DRIVING
INSIDE STORY Fighting fraud with analytics
OPTIMIZE YOUR BUSINESS WITH UNPRECEDENTED SP
CONTENTS DRIVING BETTER BUSINESS DECISIONS
ANALYTICS IN YOUR BROWSER Optimization and Simula
70 74 DEPARTMENTS 2 Inside Story 8 Ex
AnAlytic Solver PlAtform easy to Use, industrial
EXECUTIVE EDGE Machine learning unleashes
AnAlytic Solver PlAtform from Solver to full-Powe
EXECUTIVE EDGE telephonic conversations, e-mail
Organizations need to prepare them- selves wit
A N A LY Z E T H I S ! An analytics professor
company culture, and the types of data,
A N A LY Z E T H I S ! After analyzing a
Yet the Giants have thrived once again i
INFORMS INITIATIVES Webinar series preps ca
In an attempt to provide more infor- mation f
INFORMS INITIATIVES Candidates for CAP can
No matter what kind of forecasting you do, we inv
FORUM Your data already knows what you don't
Images 2D/3D/4D Seismic Microseismic Well Log
FORUM – and understand the outcomes made possib
CPLEX Optimization Studio .
HEALTHCARE ANALYTICS 2014: Year of many chall
Analytics & Hadoop So much data. So little t
HEALTHCARE ANALYTICS I expect that by 2017,
correlation exists between the cost and quality i
B I G DATA B U Z Z K I L L Goal-driven analytic
Need Big Data After All.” The authors rightfully
GOAL-DRIVEN ANALYTICS organizing, extracting an
C M Y CM MY CY CMY K USD_Online MBA BA Analytics
GOAL-DRIVEN ANALYTICS Why jump straight into dr
Which organization has the best O.R. department i
GOAL-DRIVEN ANALYTICS In the end, Analytics 3.0
– and why building a structure without sound desi
GOAL-DRIVEN ANALYTICS established along with
career analytics. Enroll now only AAS nation.
GOAL-DRIVEN ANALYTICS and tactics, but has a sp
Visual Analytics Opportuni
MULTI-INDUSTRY PROBLEM Employing big data
• Defrauding telecommunication subscribers
FIGHTING FRAUD Screen shots o
• “Processors” who fabricated or hired oth
FIGHTING FRAUD WHAT'S NEEDED TO SUCCEED?
directing a talented IT person to “own” the progr
FIGHTING FRAUD That, in turn, determines the ki
CONCLUSION With ever-increasing fraud instanc-
ONLINE BANKING CUSTOMERS Real-time fraud detecti
hypothesis much more quickly. Some ex- amples of
REAL-TIME FRAUD DETECTION perform. To synthesiz
ANALYTICS MATURITY MODEL A superior way to measu
REAL-TIME FRAUD DETECTION Accuracy 82.00% 80.00
Catch the Wave: Real-World Analytics Solutions I
CORPORATE PROFILE Analytics Operations Engineeri
Members of the AOE Consultant and Analyst team, i
CORPORATE PROFILE AOE has built up i
BE A PART OF THE ANALYTICS REVOLUTION! Join
CORPORATE PROFILE The simulations showed th
Is the largest association for analytics in the c
CORPORATE PROFILE Tools for pricing. When a
two or three years with the firm, analysts are en
SOFTWARE SURVEY Decision analysis Decision to
I touched on how decision analysts have a wide ra
DECISION ANALYSIS In all, this year’s surve
over the years make it impossible to per- form an
DECISION ANALYSIS BRIDGING THE GAP BETWEEN DATA
Rajaram outlines a scope of skills that de
CONFERENCE PREVIEW WSC 2014: Exploring big
management, military applications, busi- ness pro
FIVE-MINUTE ANALYST Bicycl
Figure 1: Daily bicycle transits by date. This gr
FIVE-MINUTE ANALYST 1500 1000 500 0 Winter Week
For information on classifieds, contact Patrick Y
THINKING ANALYTICALLY Figure
GEN RAL A GEBRA MO D ING STEM