Faculty News

Prof. Vasant Dhar discusses the rising importance of business analytics to companies

Excerpt from Treasury & Risk -- "'The amount of data that’s being generated just doubles every year,' said Vasant Dhar, a professor and head of the information systems group at NYU’s Stern School and co-director of Stern’s Center for Business Analytics. 'In the old days, data was something that was collected painfully and there wasn’t too much of it. Now we’re in an age where everything is recorded almost as a by-product of how we function. The fact there’s so much that’s out there and available opens up a whole new world of possibilities and risks,' he added. 'This is the new math; it’s a new way of functioning and thinking about the world.'"

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