53 percent of companies are adopting big data analytics
2017
Source: Forbes
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- The big data industry will be worth an estimated $77 billion by 2023.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 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
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 45 percent of companies run at least some big data workloads in the cloud.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
