Analytics 3.0 discussion
The business environment is characterized by wide range of activities that necessitate the use of complex analytical techniques to analyze data. The globalization of business operations and emerging competition also require business organizations to continuously adopt analytical techniques that place them in ideal competitive positions. Tom Davenport characterized various stages of data analytics with different features to show the need for business organizations to understand the necessity for advancing their analytical techniques to keep pace with ever -changing the role of data in their organizations. The first stage in the development of analytics is analytics 1.0, which characterizes the ...