JSM Preliminary Online Program
This is the preliminary program for the 2006 Joint Statistical Meetings in Seattle, Washington.

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Activity Number: 211
Type: Invited
Date/Time: Monday, August 7, 2006 : 4:00 PM to 5:50 PM
Sponsor: The ASA
Abstract - #305255
Title: A Data-Driven World: Why Now, and What Do We Do about It?
Author(s): William R. Pulleyblank*+
Companies: IBM Business Consulting Services
Address: Center for Business Optimization, Somers, NY, 10589,
Keywords:
Abstract:

Business and industry are experiencing a transformation in the way they handle their operations and planning due to technology advances, globalization and economic pressures, and the development of enabling methods and tools. For this transformation to succeed, we must address five fundamental questions: How do we deal with massive amounts of noisy data, both repository and streaming? Can we develop adequate methods for handling risk and uncertainty? How should we deal with issues of distributed data and computation? What is required for operational systems to take advantage of data in the same way as planning systems? How do we incorporate these changes into the emerging networked business world? I will discuss these questions and ideas we are developing at IBM to find answers.


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Revised April, 2006