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<br /> HTTP://WWW.ANALYTICS-MAGAZINE.ORG<br /> DRIVING BETTER BUSINESS DECISIONS NOVEMBER/DECEMBER 2014<br /> BROUGHT TO YOU BY:<br /> ANALYTICS vs. FRAUD<br /> · Big data takes a big bite<br /> out of crime<br /> · Real-time fraud detection<br /> in the cloud<br /> ALSO INSIDE:<br /> · Goal-driven analytics<br /> · Decision analysis survey<br /> · Healthcare analytics<br /> Executive Edge<br /> Durjoy Patranabish,<br /> senior V.P. at<br /> Blueocean Market<br /> Intelligence, on<br /> unleashing big data<br /> via machine learning<br /> INSIDE STORY<br /> Fighting fraud with analytics<br /> A day doesn’t seem to go by without a<br /> new report of fraud via stolen identity and<br /> misappropriated credit card numbers, Inter-<br /> net and phone scams, good, old-fashioned<br /> employee embezzling and officialdom cor-<br /> ruption, yo<a title="Analytics, November/December 2014 page 1" href="http://viewer.zmags.com/publication/b9b8a138?page=1"> HTTP://WWW.ANALYTICS-MAGAZINE.ORG DRIVING </a> <a title="Analytics, November/December 2014 page 2" href="http://viewer.zmags.com/publication/b9b8a138?page=2"> INSIDE STORY Fighting fraud with analytics </a> <a title="Analytics, November/December 2014 page 3" href="http://viewer.zmags.com/publication/b9b8a138?page=3"> OPTIMIZE YOUR BUSINESS WITH UNPRECEDENTED SP</a> <a title="Analytics, November/December 2014 page 4" href="http://viewer.zmags.com/publication/b9b8a138?page=4"> CONTENTS DRIVING BETTER BUSINESS DECISIONS </a> <a title="Analytics, November/December 2014 page 5" href="http://viewer.zmags.com/publication/b9b8a138?page=5"> ANALYTICS IN YOUR BROWSER Optimization and Simula</a> <a title="Analytics, November/December 2014 page 6" href="http://viewer.zmags.com/publication/b9b8a138?page=6"> 70 74 DEPARTMENTS 2 Inside Story 8 Ex</a> <a title="Analytics, November/December 2014 page 7" href="http://viewer.zmags.com/publication/b9b8a138?page=7"> AnAlytic Solver PlAtform easy to Use, industrial </a> <a title="Analytics, November/December 2014 page 8" href="http://viewer.zmags.com/publication/b9b8a138?page=8"> EXECUTIVE EDGE Machine learning unleashes </a> <a title="Analytics, November/December 2014 page 9" href="http://viewer.zmags.com/publication/b9b8a138?page=9"> AnAlytic Solver PlAtform from Solver to full-Powe</a> <a title="Analytics, November/December 2014 page 10" href="http://viewer.zmags.com/publication/b9b8a138?page=10"> EXECUTIVE EDGE telephonic conversations, e-mail</a> <a title="Analytics, November/December 2014 page 11" href="http://viewer.zmags.com/publication/b9b8a138?page=11"> Organizations need to prepare them- selves wit</a> <a title="Analytics, November/December 2014 page 12" href="http://viewer.zmags.com/publication/b9b8a138?page=12"> A N A LY Z E T H I S ! An analytics professor</a> <a title="Analytics, November/December 2014 page 13" href="http://viewer.zmags.com/publication/b9b8a138?page=13"> company culture, and the types of data, </a> <a title="Analytics, November/December 2014 page 14" href="http://viewer.zmags.com/publication/b9b8a138?page=14"> A N A LY Z E T H I S ! After analyzing a </a> <a title="Analytics, November/December 2014 page 15" href="http://viewer.zmags.com/publication/b9b8a138?page=15"> Yet the Giants have thrived once again i</a> <a title="Analytics, November/December 2014 page 16" href="http://viewer.zmags.com/publication/b9b8a138?page=16"> INFORMS INITIATIVES Webinar series preps ca</a> <a title="Analytics, November/December 2014 page 17" href="http://viewer.zmags.com/publication/b9b8a138?page=17"> In an attempt to provide more infor- mation f</a> <a title="Analytics, November/December 2014 page 18" href="http://viewer.zmags.com/publication/b9b8a138?page=18"> INFORMS INITIATIVES Candidates for CAP can </a> <a title="Analytics, November/December 2014 page 19" href="http://viewer.zmags.com/publication/b9b8a138?page=19"> No matter what kind of forecasting you do, we inv</a> <a title="Analytics, November/December 2014 page 20" href="http://viewer.zmags.com/publication/b9b8a138?page=20"> FORUM Your data already knows what you don't </a> <a title="Analytics, November/December 2014 page 21" href="http://viewer.zmags.com/publication/b9b8a138?page=21"> Images 2D/3D/4D Seismic Microseismic Well Log</a> <a title="Analytics, November/December 2014 page 22" href="http://viewer.zmags.com/publication/b9b8a138?page=22"> FORUM – and understand the outcomes made possib</a> <a title="Analytics, November/December 2014 page 23" href="http://viewer.zmags.com/publication/b9b8a138?page=23"> CPLEX Optimization Studio . </a> <a title="Analytics, November/December 2014 page 24" href="http://viewer.zmags.com/publication/b9b8a138?page=24"> HEALTHCARE ANALYTICS 2014: Year of many chall</a> <a title="Analytics, November/December 2014 page 25" href="http://viewer.zmags.com/publication/b9b8a138?page=25"> Analytics & Hadoop So much data. So little t</a> <a title="Analytics, November/December 2014 page 26" href="http://viewer.zmags.com/publication/b9b8a138?page=26"> HEALTHCARE ANALYTICS I expect that by 2017, </a> <a title="Analytics, November/December 2014 page 27" href="http://viewer.zmags.com/publication/b9b8a138?page=27"> correlation exists between the cost and quality i</a> <a title="Analytics, November/December 2014 page 28" href="http://viewer.zmags.com/publication/b9b8a138?page=28"> B I G DATA B U Z Z K I L L Goal-driven analytic</a> <a title="Analytics, November/December 2014 page 29" href="http://viewer.zmags.com/publication/b9b8a138?page=29"> Need Big Data After All.” The authors rightfully </a> <a title="Analytics, November/December 2014 page 30" href="http://viewer.zmags.com/publication/b9b8a138?page=30"> GOAL-DRIVEN ANALYTICS organizing, extracting an</a> <a title="Analytics, November/December 2014 page 31" href="http://viewer.zmags.com/publication/b9b8a138?page=31"> C M Y CM MY CY CMY K USD_Online MBA BA Analytics</a> <a title="Analytics, November/December 2014 page 32" href="http://viewer.zmags.com/publication/b9b8a138?page=32"> GOAL-DRIVEN ANALYTICS Why jump straight into dr</a> <a title="Analytics, November/December 2014 page 33" href="http://viewer.zmags.com/publication/b9b8a138?page=33"> Which organization has the best O.R. department i</a> <a title="Analytics, November/December 2014 page 34" href="http://viewer.zmags.com/publication/b9b8a138?page=34"> GOAL-DRIVEN ANALYTICS In the end, Analytics 3.0</a> <a title="Analytics, November/December 2014 page 35" href="http://viewer.zmags.com/publication/b9b8a138?page=35"> – and why building a structure without sound desi</a> <a title="Analytics, November/December 2014 page 36" href="http://viewer.zmags.com/publication/b9b8a138?page=36"> GOAL-DRIVEN ANALYTICS established along with </a> <a title="Analytics, November/December 2014 page 37" href="http://viewer.zmags.com/publication/b9b8a138?page=37"> career analytics. Enroll now only AAS nation.</a> <a title="Analytics, November/December 2014 page 38" href="http://viewer.zmags.com/publication/b9b8a138?page=38"> GOAL-DRIVEN ANALYTICS and tactics, but has a sp</a> <a title="Analytics, November/December 2014 page 39" href="http://viewer.zmags.com/publication/b9b8a138?page=39"> Visual Analytics Opportuni</a> <a title="Analytics, November/December 2014 page 40" href="http://viewer.zmags.com/publication/b9b8a138?page=40"> MULTI-INDUSTRY PROBLEM Employing big data </a> <a title="Analytics, November/December 2014 page 41" href="http://viewer.zmags.com/publication/b9b8a138?page=41"> • Defrauding telecommunication subscribers </a> <a title="Analytics, November/December 2014 page 42" href="http://viewer.zmags.com/publication/b9b8a138?page=42"> FIGHTING FRAUD Screen shots o</a> <a title="Analytics, November/December 2014 page 43" href="http://viewer.zmags.com/publication/b9b8a138?page=43"> • “Processors” who fabricated or hired oth</a> <a title="Analytics, November/December 2014 page 44" href="http://viewer.zmags.com/publication/b9b8a138?page=44"> FIGHTING FRAUD WHAT'S NEEDED TO SUCCEED? </a> <a title="Analytics, November/December 2014 page 45" href="http://viewer.zmags.com/publication/b9b8a138?page=45"> directing a talented IT person to “own” the progr</a> <a title="Analytics, November/December 2014 page 46" href="http://viewer.zmags.com/publication/b9b8a138?page=46"> FIGHTING FRAUD That, in turn, determines the ki</a> <a title="Analytics, November/December 2014 page 47" href="http://viewer.zmags.com/publication/b9b8a138?page=47"> CONCLUSION With ever-increasing fraud instanc-</a> <a title="Analytics, November/December 2014 page 48" href="http://viewer.zmags.com/publication/b9b8a138?page=48"> ONLINE BANKING CUSTOMERS Real-time fraud detecti</a> <a title="Analytics, November/December 2014 page 49" href="http://viewer.zmags.com/publication/b9b8a138?page=49"> hypothesis much more quickly. Some ex- amples of </a> <a title="Analytics, November/December 2014 page 50" href="http://viewer.zmags.com/publication/b9b8a138?page=50"> REAL-TIME FRAUD DETECTION perform. To synthesiz</a> <a title="Analytics, November/December 2014 page 51" href="http://viewer.zmags.com/publication/b9b8a138?page=51"> ANALYTICS MATURITY MODEL A superior way to measu</a> <a title="Analytics, November/December 2014 page 52" href="http://viewer.zmags.com/publication/b9b8a138?page=52"> REAL-TIME FRAUD DETECTION Accuracy 82.00% 80.00</a> <a title="Analytics, November/December 2014 page 53" href="http://viewer.zmags.com/publication/b9b8a138?page=53"> Catch the Wave: Real-World Analytics Solutions I</a> <a title="Analytics, November/December 2014 page 54" href="http://viewer.zmags.com/publication/b9b8a138?page=54"> CORPORATE PROFILE Analytics Operations Engineeri</a> <a title="Analytics, November/December 2014 page 55" href="http://viewer.zmags.com/publication/b9b8a138?page=55"> Members of the AOE Consultant and Analyst team, i</a> <a title="Analytics, November/December 2014 page 56" href="http://viewer.zmags.com/publication/b9b8a138?page=56"> CORPORATE PROFILE AOE has built up i</a> <a title="Analytics, November/December 2014 page 57" href="http://viewer.zmags.com/publication/b9b8a138?page=57"> BE A PART OF THE ANALYTICS REVOLUTION! Join</a> <a title="Analytics, November/December 2014 page 58" href="http://viewer.zmags.com/publication/b9b8a138?page=58"> CORPORATE PROFILE The simulations showed th</a> <a title="Analytics, November/December 2014 page 59" href="http://viewer.zmags.com/publication/b9b8a138?page=59"> Is the largest association for analytics in the c</a> <a title="Analytics, November/December 2014 page 60" href="http://viewer.zmags.com/publication/b9b8a138?page=60"> CORPORATE PROFILE Tools for pricing. When a </a> <a title="Analytics, November/December 2014 page 61" href="http://viewer.zmags.com/publication/b9b8a138?page=61"> two or three years with the firm, analysts are en</a> <a title="Analytics, November/December 2014 page 62" href="http://viewer.zmags.com/publication/b9b8a138?page=62"> SOFTWARE SURVEY Decision analysis Decision to</a> <a title="Analytics, November/December 2014 page 63" href="http://viewer.zmags.com/publication/b9b8a138?page=63"> I touched on how decision analysts have a wide ra</a> <a title="Analytics, November/December 2014 page 64" href="http://viewer.zmags.com/publication/b9b8a138?page=64"> DECISION ANALYSIS In all, this year’s surve</a> <a title="Analytics, November/December 2014 page 65" href="http://viewer.zmags.com/publication/b9b8a138?page=65"> over the years make it impossible to per- form an</a> <a title="Analytics, November/December 2014 page 66" href="http://viewer.zmags.com/publication/b9b8a138?page=66"> DECISION ANALYSIS BRIDGING THE GAP BETWEEN DATA</a> <a title="Analytics, November/December 2014 page 67" href="http://viewer.zmags.com/publication/b9b8a138?page=67"> Rajaram outlines a scope of skills that de</a> <a title="Analytics, November/December 2014 page 68" href="http://viewer.zmags.com/publication/b9b8a138?page=68"> CONFERENCE PREVIEW WSC 2014: Exploring big</a> <a title="Analytics, November/December 2014 page 69" href="http://viewer.zmags.com/publication/b9b8a138?page=69"> management, military applications, busi- ness pro</a> <a title="Analytics, November/December 2014 page 70" href="http://viewer.zmags.com/publication/b9b8a138?page=70"> FIVE-MINUTE ANALYST Bicycl</a> <a title="Analytics, November/December 2014 page 71" href="http://viewer.zmags.com/publication/b9b8a138?page=71"> Figure 1: Daily bicycle transits by date. This gr</a> <a title="Analytics, November/December 2014 page 72" href="http://viewer.zmags.com/publication/b9b8a138?page=72"> FIVE-MINUTE ANALYST 1500 1000 500 0 Winter Week</a> <a title="Analytics, November/December 2014 page 73" href="http://viewer.zmags.com/publication/b9b8a138?page=73"> For information on classifieds, contact Patrick Y</a> <a title="Analytics, November/December 2014 page 74" href="http://viewer.zmags.com/publication/b9b8a138?page=74"> THINKING ANALYTICALLY Figure</a> <a title="Analytics, November/December 2014 page 75" href="http://viewer.zmags.com/publication/b9b8a138?page=75"> GEN RAL A GEBRA MO D ING STEM </a>