The Future of Problem Solving: How Emerging Technologies are Revolutionizing the Way We Make Decisions

AI, machine learning, big data analytics, cloud computing, and the IoT are all rapidly developing technologies with the potential to revolutionize the way we solve problems in operations research. OR professionals who are able to understand and apply these technologies will be well-positioned to succeed in the future.

Photo by Robynne Hu on Unsplash

Emerging technologies are transforming the field of operations research (OR). New technologies, such as artificial intelligence (AI), machine learning (ML), big data analytics, and the Internet of Things (IoT), are enabling OR professionals to solve problems in new and innovative ways. Here are some examples of how emerging technologies are being used in OR:

• AI and ML: AI and ML algorithms are being used to develop more sophisticated and efficient OR models. For example, AI algorithms are being used to solve complex optimization problems, and ML algorithms are being used to predict future demand and forecast customer behavior.
• Big data analytics: Big data analytics is being used to extract insights…