BALTIMORE, MD, April 7, 2025 – INFORMS, the world’s largest association for professionals and students in operations research (O.R.), AI, analytics and data science, announced it has awarded USA Cycling its 2025 Franz Edelman Award for Achievement in Advanced Analytics, Operations Research and Management Science, for its use of operations research (O.R.) and analytics in elite sports performance. With Project 4:05, USA Cycling transformed race strategy and athlete preparation, enabling the Women’s Team Pursuit to win gold at the 2024 Paris Olympics.
A bipartisan push in Congress would return the power to impose tariffs to the legislature.
The threat of a terrorist attack on America’s energy grid is growing, with attempts being reported at increasing rates. If it’s not terrorism, it could be adversarial nation-states. This all increases the likelihood that a significant attack on the grid could succeed, leaving large swaths of the U.S. in the dark.
An audio journey of how data and analytics save lives, save money and solve problems.
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CATONSVILLE, MD, December 21, 2015 – Small price differences at the point of purchase can be highly effective in shifting consumer demand from high calorie to healthier low calorie alternatives, according to a study in the Articles in Advance section of Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).
During WWII, academics developed “Operations Research” techniques involving statistics and linear programming to hunt enemy submarines, supply troops on the ground and deliver ordnance to targets. Soon after the war ended, Operations Research academics began to apply their methodologies to investing. In 1952 Harry Markowitz, a graduate student at the University of Chicago, published a paper on portfolio selection in the Journal of Finance. Markowitz’s quantitative approach to investment theory was radically different from the conventional stock market wisdom at the time, which focused on picking winning stocks and concentrating stock holdings to maximize return. Investors knew that holding stocks meant taking risks, and they were led to believe that the only way to reduce risk was to become more competent at picking stocks. Some investors were following the advice of Gerald M. Loeb, the co-founder of brokerage firm E.F. Hutton, who wrote “once you obtain competency, diversification is undesirable.” Markowitz’s work along with others gave birth to what is now known as Modern Portfolio Theory (MPT). MPT provided investors quantitative ways to reduce risk and optimize their return.
While you’ll have to determine your own goals and certification needs, let’s look at a handful of important and valuable certifications all IT professionals should consider earning.
CAP certification enables you to understand the entire analytics process. From framing business and analytic problems to deployment and model lifecycle management, you’ll have full knowledge of everything that goes into general analytics by the time you finish this certification process.
INFORMS, the largest international association of professionals in analytics and operations research, announced today that six expert teams from around the world have been selected to participate in its 2016 Franz Edelman Award competition, which recognizes outstanding examples of real-world advanced analytics and operations research projects that are transforming industries, companies, and people’s lives.
Finding the optimal way to use a workforce is not an art — it’s a science. In small groups a missing employee can cause sleepless nights when deadlines approach, while an extra employee can result in missed performance metrics. In large groups, such as Fortune 500 companies, these same problems can cost a company billions of dollars or result in thousands of lost jobs. Management science applies the principles of mathematics to the modern office to streamline processes, cut costs and grow revenue.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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