53 percent of companies are adopting big data analytics
2017
Source: Forbes
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Businesses that use big data saw a profit increase of 8–10 percent.
- People generate 2.5 quintillion bytes of data each day.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 53 percent of companies are adopting big data analytics
- 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.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.