70 percent of investment professionals use “alternative data” or plan to do so in the next year.

2019

• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
• 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
• 36 percent of investment professionals use web scraping 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
• 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
• People generate 2.5 quintillion bytes of data each day.