53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
2018
Source: McKinsey Analytics
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- Businesses that use big data saw a profit increase of 8–10 percent.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 45 percent of companies run at least some big data workloads in the cloud.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 29 percent of investment professionals use expert networks to derive data.