By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
2018
Source: IDC Data Age 2025
- 29 percent of investment professionals use expert networks to derive data.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition