Understanding data maturity models
Data analytics maturity models help assess how an organization is leveraging and can leverage data to help the business make decisions. Studies have shown that organizations broadly fall into the following four stages of maturity when it comes to data analytics:
Figure 2.3 – Stages of analytics maturity
Let us learn more about these stages in the following sub-sections.
Stage 1
In this stage, companies ingest data from source systems and transform and move it to a staging area. From the staging area, it is modeled into data marts and served as OLAP cubes. Reporting applications read these cubes and present the data. This stage only caters to structured tabular data available in transactional and legacy sources. The pipelines are all centralized and managed. The system can quickly adapt to new sources as long as those sources provide tabular structured data:
Figure 2.4 – Data...