95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 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.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 45 percent of companies run at least some big data workloads in the cloud.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 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.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments