36 percent of investment professionals use web scraping to derive data.
2019
Source: The Hill
- 53 percent of companies are adopting big data analytics
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 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.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- The big data industry will be worth an estimated $77 billion by 2023.
