29 percent of investment professionals use search trends to derive data.

2019

• Businesses that use big data saw a 10 percent reduction in overall cost.
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• 62 percent of retail businesses see competitive advantages from information and analytics.
• 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
• 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
• 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.
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
• 95 percent of businesses need to manage unstructured data.
• 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
• 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.