Media Coverage

Media articles featuring INFORMS members in the news.

Most Recent Media Coverage

Topic

Portfolios and Their Debt to an O.R. Nobel Winner

December 18, 2015

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.

INFORMS CAP Certification #1

December 17, 2015

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.

  1. Certified Analytics Professional

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.

Management Science Makes List of Top 25 STEM Majors

December 9, 2015

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.

Social media as force multiplier

December 7, 2015

This notion of collaborative expertise makes me consider my own profession. I come from an Air Force community culturally dominated by Operations Research, a discipline “employing techniques from other mathematical sciences, such as mathematical modeling, statistical analysis, and mathematical optimization” to arrive “at optimal or near-optimal solutions to complex decision-making problems.” This is a relatively young and inherently cross disciplinary field, with all the depth-and-breadth-balance problems that entails, that grew out of efforts by scientists, mathematicians, computer scientists, etc., to solve operational problems in World War II. These were, however, experts (in some cases luminaries) in their respective fields, and together they were able to do incredible things that might have been impossible for any subset to accomplish on their own. Social networking is one way to access and connect that kind of expertise.

Syngenta Outlines Edelman Winning Research in Agriculture

Swiss-owned Syngenta, which has a major presence in North America, celebrated a major award at Iowa State University Nov. 13 calling for a math revolution in agriculture.

Attended by plant breeders, ag graduate students and college faculty at the Scheman Building on ISU's campus, Syngenta officials explained how it has incorporated advanced analytics into its soybean breeding procedures with assistance from ISU faculty and others.

The team's success won Syngenta the 2015 Franz Edelman Award for achievement in operations research and the management sciences in mid-April.

Media Contact

Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578

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Artificial Intelligence

Why 23andMe’s Genetic Data Could Be a ‘Gold Mine’ for AI Companies

Why 23andMe’s Genetic Data Could Be a ‘Gold Mine’ for AI Companies

TIME, March 26, 2025

The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.

Healthcare

Want to reduce the cost of healthcare? Start with our billing practices.

Want to reduce the cost of healthcare? Start with our billing practices.

The Hill, March 11, 2025

Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive. 

We all benefit from and are hurt by health insurance claim denials

We all benefit from and are hurt by health insurance claim denials

Atlanta Journal Constitution, January 23, 2025

Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.

Supply Chain

Experts warn logistics industry stakeholders to make contingency plans

Experts warn logistics industry stakeholders to make contingency plans

Seafood Source, March 10, 2025

In their March 2025 forecasts, shipping and logistics experts are warning those who rely on the industry to expect continued disruption, and in order to survive a chaotic landscape, they are advising businesses to spend money conservatively, work with trusted partners, and make comprehensive contingency plans.

Climate