50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.

2018

• 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
• The big data industry will be worth an estimated $77 billion by 2023.
• 45 percent of companies run at least some big data workloads in the cloud.
• 90 percent of IT professionals plan to increase spending on BI tools.
• 36 percent of investment professionals use web scraping to derive data.
• 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.
• By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
• 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
• 55 percent of North American businesses have adopted big data analytics.