The Pursuit of Analytics Maturity
Today companies are racing to build analytics departments. The demand for qualified people is so strong that 46 percent of chief information officers (CIOs) reported skills shortages despite offering high salaries.1 Why does everybody think that analytics is the new money-making secret? Why should this even surprise us? Isn’t it the case that analytics has always played a key role in business?
Arithmetic and accounting were invented to make business better. In 1494, an Italian polymath Luca Pacioli published a book Summa de arithmetica, geometria, proportioni et proportionalita (Summary of arithmetic, geometry, proportions and proportionality). The mathematics in it was not groundbreaking, but it contained ...
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