STEM Ph.D.s are more lucrative in industry careers than academia
A growing surplus of Ph.D.s in the math and science fields is creating more and more competition among individuals with an advanced degree to obtain tenured positions.
BALTIMORE, MD, June 18, 2024 – Advertising has long been known to depict a virtual reality of life leading some people to expect more out of life than is practical. This is driven by idyllic imagery and storytelling, among other techniques such as an emphasis on materialism.
These days, you can barely spell “health care” without the letters “A” and “I” — and for good reason. In an era of aging populations, declining productivity, rising costs, and disparities in access to care, artificial intelligence presents a rare opportunity to break the vicious cycle by improving health care access, outcomes, and productivity while lowering costs.
When Amazon introduced its cashierless checkout system — aptly called Just Walk Out — the tech was seen as the latest prong in Amazon’s mission to transform brick-and-mortar stores and become a dominant competitor in the grocery industry.
An audio journey of how data and analytics save lives, save money and solve problems.
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A growing surplus of Ph.D.s in the math and science fields is creating more and more competition among individuals with an advanced degree to obtain tenured positions.
With the location-based augmented reality game Pokémon Go exploding in popularity, [INFORMS Fellow] William Cook, professor at the University of Waterloo, applies the traveling salesman problem to create the most efficient routes in several U.S. cities and universities for Pokémon players to reach all the game stops in that area.
An article in the June issue of OR/MS Today, by [INFORMS members] Gary Cokins, Walt DeGrange, Stephen Chambal and Russell Walker, was highlighted for demonstrating that sports analytics can be more easily understood by applying classification techniques. This includes analytics for major league players and managers, as well as individual and amateur sports, and franchise and venue management.
Laura McLay, an associate professor of industrial and systems engineering at the University of Wisconsin-Madison and INFORMS vice president of marketing, provides insight on the scientific and analytical perspective that can help minimize the frustration of airport lines.
After attending several INFORMS conferences and recognizing the opportunities that they provide for communicating and collaborating with peers, a group of graduate students at the University of Wisconsin-Madison established an INFORMS student chapter on campus.
“Being a part of INFORMS is a really good opportunity to step back from what you’re doing specifically in your research, and learn about what other students are doing, learn new methods, and be social with other graduate students,” said Erkin Otles, an industrial and systems engineering graduate student.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today MagazineAnalytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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