95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- 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.
- 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.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 55 percent of North American businesses have adopted big data analytics.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 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.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.