By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
2018
Source: IDC Data Age 2025
- 90 percent of IT professionals plan to increase spending on BI tools.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 95 percent of businesses need to manage unstructured data.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- The big data industry will be worth an estimated $77 billion by 2023.
