80-20 Mentality

In 1906, V. Pareto discovered that 20% of the world's population owns 80% of its wealth. Soon after, this statement was augmented by many others with the same percentage figures so that a general "80-20 mentality" was born. Applied to economics, it could be formulated thus: "80% of the productivity comes from 20% of the work."

This dictum is often used to justify lack of prudence with the argument that it would not be worth it to conduct a thourough analysis.

For a company that wants to improve, it would be advisable not to listen to these arguments. This is because the 80% of the maximum possible productivity are already realized, otherwise the company would not be on the market anymore. Thus, we are only talking about the proverbial cherry on the cake, i.e. the last 20%. In times of ever increasing competition, the last 20% can bring decisive advantages.

With state-of-the-art technology and experience algorithmica technologies solves your specific problem with great care. This pays for itself in a short time.

Example: A large oil company invested several million dollars into a new computer system that was to aid it in searching for new oilfields. The newly and specifically designed algorithms in this system performed so well that this investment payed for itself within two weeks!


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