90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
2018
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- The big data industry will be worth an estimated $77 billion by 2023.
- 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.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
