40 percent of businesses say they need to manage unstructured data on a frequent basis.
2019
Source: Forbes
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 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.
- 36 percent of investment professionals use web scraping to derive data.
- 55 percent of North American businesses have adopted big data analytics.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 45 percent of companies run at least some big data workloads in the cloud.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.