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Future Meetings

Link between Operational Research, Data Science and Internet of Things, an Infrastructure Asset Management Perspective

Venue: Ye Olde Watling
Speaker: Pedro Baiz Villafranca
Date: Tuesday, 30 January 2018 at 18:00 - 21:00

Following from teh theme of teh Blackette Lecture Pedro Baiz Villafranca from WisConT ( a start-up company) will explore the link between Operational Research, Data Science and Internet of Things, an Infrastructure Asset Management Perspective

Wikipedia mentions that “Operational Research (OR) encompasses a wide range of problem-solving techniques and methods applied in the pursuit of improved decision-making and efficiency, such as simulation, mathematical optimization, queueing theory and other stochastic-process models, Markov decision processes, econometric methods, data envelopment analysis, neural networks, expert systems, decision analysis, and the analytic hierarchy process”. Many of these terms are now commonly used to describe the job of Data Scientists which brings the question of how are these fields related. Moreover, the increasing use of Internet of Things (connecting everything to the Internet) is affecting many of the major subdisciplines of OR such as Manufacturing, Supply Chain Management, Transportation, among many others. This talk will look at the convergence of some of these concepts from an Infrastructure Asset Management perspective (as defined by the IAM https://theiam.org/about). A range of case studies will be used to support the ideas presented

In the upstairs bar of Ye Olde Watling, on the Corner of Bow Lane and Watling Street nearest stations are Mansion House (Bow Lane exit) and Bank (exit 8) for tube, or Cannon Street and City Thameslink for rail. The event is open to all and with a free buffet of sandwiches available afterwards