40 percent of businesses say they need to manage unstructured data on a frequent basis.
2019
Source: Forbes
- 95 percent of businesses need to manage unstructured data.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- People generate 2.5 quintillion bytes of data each day.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
