Many organizations struggle with how to best use analytics to drive business decisions. The key is to understand the five stages of analytics maturity and how the organization matches to each.
What Is Analytics Maturity? “Most organizations use analytics across their operations, but there are still many that have misconceptions about how well they utilize analytics to inform their business decisions,” explains Venkat Viswanathan, founder and chairman of LatentView Analytics. LatentView developed a free online tool, the Analytics Maturity Self-Assessment, allowing individuals to answer a survey about their use and understanding of analytics.