Title: Randomized Preconditioning Speaker: Haim Avron (IBM T. J. Watson Research Center) In this talk I will argue that when it comes to solving linear systems or least squares problems, randomized methods are best employed as "preconditioners", i.e. as accelerators for iterative methods. The talk will discuss both dense and sparse matrices. For dense matrices, I will describe Blendenpik, a least-square solver for dense highly overdetermined systems that achieves residuals similar to those of direct factorization based state-of-the-art solvers (LAPACK), outperforms LAPACK by large factors, and scales significantly better than any QR-based solver. For sparse matrices, I will discuss recent progress on accelerating the solution of sparse symmetric positive definite matrices using randomized methods