95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- 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
- 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.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 29 percent of investment professionals use expert networks to derive data.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.