Australian companies are still lagging on the use of analytics in their businesses according to a new research report which shows they also continue to fall behind global peers in analytics maturity and impact.

Melbourne Business School at the University of Melbourne and analytics provider SAS have agreed a five-year extension of the relationship underpinning support for the school’s Master of Business Analytics degree program.

Australian organisations are getting past the "science experiment" stage of applying analytics and AI, to making important ethics and governance issues using the two.