53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
2018
Source: McKinsey Analytics
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 36 percent of investment professionals use web scraping to derive data.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 21 percent of investment professionals use web traffic to derive data.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- Businesses that use big data saw a profit increase of 8–10 percent.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
