BUSINESS ANALYTICS IN HISTORICAL PERSPECTIVE: LESSONS FROM THE INDUSTRIAL REVOLUTION TO THE DIGITAL AGE

Burxanova Sabo Tulanovna

GREEN ECONOMY AND DEVELOPMENT, 2025, vol. 3

Abstract: The article explores the historical evolution of business analytics from the Industrial Revolution to the DigitalAge. It highlights how early practices of record-keeping, statistical analysis, and production management during theIndustrial Revolution laid the foundation for modern data-driven decision-making. The study traces the transformation ofanalytical tools through the development of accounting systems, operations research, and management sciences in the20th century, leading up to the rise of big data, artificial intelligence, and predictive analytics in the 21st century. Specialemphasis is placed on lessons learned from historical stages of business analytics, demonstrating how past innovationscontinue to shape contemporary approaches to strategic management and competitive advantage

Keywords: Business analytics; Industrial Revolution; digital age; big data; artificial intelligence; historical evolution; decision-making; management sciences; predictive analytics; strategic management (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:3:y:2025:id:7653

DOI: 10.5281/zenodo.17548671

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