36 percent of investment professionals use web scraping to derive data.
2019
Source: The Hill
- 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.
- 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.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 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.
- 95 percent of businesses need to manage unstructured data.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 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.
- 45 percent of companies run at least some big data workloads in the cloud.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.