The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
In most emergency departments, beds are a hot commodity. But some patients don’t actually need a bed for their treatment – and accurately identifying those people is a low-lift but effective way to increase efficiency without sacrificing care quality, finds a study recently published in the journal Management Science.
The researchers developed a simple decision tree, informed by mathematical and machine learning models, to help staff decide whether a patient truly needs a bed or can be routed to a “vertical processing pathway” – that is, an area where they can be treated sitting up. Many hospitals already have such an area but don’t necessarily have a systematic way to decide which patients are treated there.
The artificial intelligence (AI) boom has ignited the demand for data centers. Goldman Sachs predicts a doubling of the power demand to run the data centers in just two years.
Generative AI tools such as ChatGPT, Gemini, and Preplexity require a significant amount of computing power to train large language models so they are able to answer user queries coming from the average person who is doing a search about basketball game statistics to investment bankers who are looking for nuggets of information that will help them invest in high return stocks.
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The Trump administration’s back-and-forth moves on tariffs for technology products are stirring confusion in a sector heavily reliant on global supply chains.
Washington’s experiment with tariff trade torment makes lab costs soar; ‘it’s like doubling the price tag’, US researcher says
President Donald Trump’s tariffs on China could raise the costs of groceries, clothing, electronics and various other products, analysts say.
U.S. faces challenges in competitive iPhone production amid supply chain reliance on China
Private airport screening services could ‘miss things at a much higher rate’ than TSA screeners, former administrator John Pistole says.
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