Analytics Magazine Analytics Magazine, November/December 2014 - Page 54

Cor porate Profi le Analytics Operations Engineering, Inc. Consulting firm applies advanced quantitative methods to solve challenging operations problems. By Mitchell Burman and Lauren Berk A s you exit an eighth-floor elevator, Boston’s Financial District transforms into what feels like a university research lab: offices adorned with academic textbooks surround young employees receiving scholarly advice from senior mentors. Their efforts to crack the code of a new algorithm resemble the graduate research process. This is neither a university nor research lab, however. Analytics Operations Engineering (AOE) is a consulting firm passionate about bridging the gap between Ph.D.-level theory and the practical application of advanced analytics. While other firms are just beginning to 54 | a n a ly t i c s - m a g a z i n e . o r g realize the importance of data visualization in what they call analytics, AOE has been applying optimization, control theory, stochastic analysis, simulation and data-mining models to business challenges in operations, logistics, and marketing for more than 20 years. AOE’s projects focus on reducing working capital, improving the customer experience and increasing profits for clients. Its consultants work on assignments that range from providing services to direct clients, to supporting projects at large management-consulting firms, to portfolio work for multiple private equity groups in their efforts to cut costs w w w. i n f o r m s . o r g