55 percent of North American businesses have adopted big data analytics.

2017

• The big data industry will be worth an estimated $77 billion by 2023.
• 90 percent of the world’s data was created between 2015 and 2016 alone.
• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
• 95 percent of businesses need to manage unstructured data.
• 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
• 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
• Businesses that use big data saw a 10 percent reduction in overall cost.
• 36 percent of investment professionals use web scraping to derive data.