29 percent of investment professionals use expert networks to derive data.
2019
Source: The Hill
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 53 percent of companies are adopting big data analytics
- 29 percent of investment professionals use expert networks to derive data.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- People generate 2.5 quintillion bytes of data each day.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 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.
- 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.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).