Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
2017
Source: Forbes
- 14 percent of investment professionals use credit card and POS software data to derive data.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- 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.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 95 percent of businesses need to manage unstructured data.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
