By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
2018
Source: IDC Data Age 2025
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 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
- 95 percent of businesses need to manage unstructured data.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.