98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
2018
Source: Towards Data Science
- 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.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 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.
- 95 percent of businesses need to manage unstructured data.
- 45 percent of companies run at least some big data workloads in the cloud.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.