By 2020, there will be 2.7 million job postings for data science and analytics roles.
2017
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 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.
- 36 percent of investment professionals use web scraping to derive data.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
