62 percent of retail businesses see competitive advantages from information and analytics.
2018
Source: Towards Data Science
- 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.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 21 percent of investment professionals use web traffic to derive data.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.