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Thursday, May 14
The Indiana Daily Student

New award granted to two companies

The Kelley School of Business has awarded the Analytics Leadership Award for the first time.

The award was given jointly to teams from Deloitte Consulting LLP and 3M Co., according to an IU press release.

The Analytics Leadership Award is given to those who encourage innovative implementation of analytics within businesses and corporations.

“Applying analytical rigor — including optimization, predictive analytics, forecasting — to decision-making is a core pillar of business management,” said Ash Soni, executive associate dean of programs at Kelley, in the release. “These projects, presented by companies who recognize the value of analytics in decision-making, were seen by the panel of judges as path-breaking on ?innovation.”

Nominations were accepted from teams who had a leadership role in an analytics initiative in the past three years, according to the release.

These submitted nominations were then evaluated by a committee.

Deloitte, a nonprofit professional services firm, won the award for its SPANalytics solution product.

The product helps clients capture value by decreasing their products’ end-to-end delivery lead times, inventory and total product costs, according to the University.

The team from Deloitte was made up of leader Steve Shepley, Mark Neier, Matt Griffin, Dan Haynes, Kevin Hua and Alex Carr, according to the University.

“I am honored to accept the inaugural Analytics Leadership Award on behalf of the entire Deloitte team, whose hard work had made this project a reality,” Shepley said in the release. “The SPANalytics solution embodies the innovative work our organization is doing to help our clients capture value by reducing their products’ end-to-end delivery lead times using advanced analytical techniques, action-oriented results and leading-edge analytical tools.”

Deloitte wasn’t the only company honored.

Deloitte’s co-winner, 3M, is a global innovation company, according to 3M’s website.

Its team included Ron Hoffner, Jon Arthur and Nate Smith.

They won for a project that focused on revenue forecasting, according to the release.

“3M’s Revenue Forecast project focused on novel methods for time series forecasting using secure, massive parallel processing in the cloud,” Hoffner said in the release. “The project has the potential to generate benefits in improved forecast accuracy, productivity and business intelligence for 3M.”

Deloitte Transactions and Business Analytics LLP was runner-up and also received honorable mention for fraud detection services analytics for the Internal Revenue Service, according to the release.

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