More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
2019
Source: Forbes
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 95 percent of businesses need to manage unstructured data.
- 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.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 53 percent of companies are adopting big data analytics
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 29 percent of investment professionals use expert networks to derive data.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.