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.
2017
Source: Forbes
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 95 percent of businesses need to manage unstructured data.
- 55 percent of North American businesses have adopted big data analytics.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.