70 percent of investment professionals use “alternative data” or plan to do so in the next year.
2019
Source: The Hill
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.