Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
2017
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 36 percent of investment professionals use web scraping to derive data.
- 45 percent of companies run at least some big data workloads in the cloud.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
