New York — April 3
Deloitte is expanding its relationship with Indiana University’s Kelley School of Business, becoming the founding member of its Institute for Business Analytics (IBA) program.
Business analytics is an emerging field that directs companies how to best use data about their practices and consumers — using techniques such as predictive analytics, optimization and simulation — to make fact-based decisions that aim to improve productivity, increase profits and create competitive advantages.
The IBA, founded a year ago, is co-directed by Vijay Khatri, associate professor of information systems and an Arthur M. Weimer faculty fellow, and Frank Acito, a professor of marketing, the Max Barney faculty fellow and former associate dean for information technology of the Kelley School.
The IBA aims to support academic programs that prepare students to solve business problems using analytics, as well as corporate partnerships that shape the school’s understanding of analytics and help companies tap into Kelley’s talent. It also aims to support cross-disciplinary research by faculty and organize seminars, conferences and case competitions.
As an IBA founding member, Deloitte will receive a seat on the institute’s advisory council and collaborate on research, analytics classes and other educational activities. Deloitte also will participate in the annual Kelley Forum on Business Analytics in April and contribute articles to the OnAnalytics semi-annual magazine.